Hotel Asset (Chapter 11)

This model is unique, but the text would not be complete without its inclusion. Hotel assets differ from traditional income-producing models due to terms of lease, i.e. one-day. The schedule portion, top rows, are adjusted to account for days of month. Also, hotels typically have alternate forms of income, e.g. restaurant, internet, telephone, etc. They combine operating businesses with real estate. This model provides a three-year lease-up period and scalable revenue and expense items.