|
Subject |
Sale #1 |
Sale #2 |
Sale #3 |
Sale Price |
$0 |
$7,000,000 |
$16,500,000 |
$5,200,000 |
Sale date |
- |
12/07 |
02/08 |
03/08 |
# Rooms |
80 |
70 |
110 |
65 |
Price/room |
$0 |
$100,000 |
$150,000 |
$80,000 |
% Occ. |
80% |
71% |
75% |
70% |
Room Rate |
$100 |
$85 |
$120 |
$70 |
RevPAR |
$80.00 |
$60.35 |
$90.00 |
$49.00 |
GOI/room* |
$35,040 |
$26,863 |
$43,800 |
$19,872 |
NOI/room* |
$6,658 |
$6,183 |
$9,636 |
$5,365 |
|
(19.0%) |
(23.0%) |
22.0%) |
(27.0%) |
* It should be noted that GOI and NOI per room includes revenue from rooms, food and beverage, telephone and leased areas where applicable.
|
