Page 17 - Zaza Flipbook
P. 17
THE BOUTIQUE HOTEL REPORT PERFORMANCE
*SOURCE: THE BOUTIQUE HOTEL REPORT 2020 - WWW.HIGHLAND-GROUP.NET
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The Boutique Hotel Report 2020 2020rt 2020 Luxury & Upper Upscale Independent Boutiquesuesutiques Hotel ZaZa Dallasallasa Dallas Hotel ZaZa Houston Museum Districtrict District
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Occupancy %cy %pancy % 78.2%.2% 78.2% 71.2%.2% 71.2% 68.0%.0% 68.0%
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# of Properties Reportingrtingeporting 20 20 20 1 1 1 1 1 1
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# of Available Rooms Reportingrtingeporting 5104104 5104 166166 166 313313 313
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Average SizeSizeerage Size 255 166 313
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ADRADR ADR $274.724.72$274.72 $298.298.29$298.29 $251.381.38$251.38
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RevPARvPARRevPAR $214.834.83$214.83 $212.382.38$212.38 $170.940.94$170.94
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TrevPARPARTrevPAR $332.372.37$332.37 $336.596.59$336.59 $335.385.38$335.38
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GOPPARPPARGOPPAR $104.514.51$104.51 $132.632.63$132.63 $114.734.73$114.73
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RevenuenueRevenue % % % PORPOR POR PARPAR PAR % % % PORPOR POR PARPAR PAR % % % PORPOR POR PARPAR PAR
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Roomsooms Rooms 64.6%.6% 64.6% $274.724.72$274.72 $78,390390$78,390 59.0%.0% 59.0% $278.728.72$278.72 $78,014014$78,014 51.2%.2% 51.2% $252.402.40$252.40 $59,090090$59,090
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Food & Beverageage Beverage 27.7%.7% 27.7% $117.547.54$117.54 $33,538538$33,538 35.0%.0% 35.0% $165.415.41$165.41 $46,298298$46,298 41.7%.7% 41.7% $205.735.73$205.73 $48,164164$48,164
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Other Operated Departmentsentsartments 2.9%.9% 2.9% $12.172.17 $12.17 $3,472472 $3,472 3.5%.5% 3.5% $16.706.70 $16.70 $4,675675 $4,675 3.0%.0% 3.0% $14.614.61 $14.61 $3,420420 $3,420
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Rentals & Other Incomeome Income 4.8%.8% 4.8% $20.600.60 $20.60 $5,876876 $5,876 2.5%.5% 2.5% $11.901.90 $11.90 $3,332332 $3,332 4.1%.1% 4.1% $20.460.46 $20.46 $4,789789 $4,789
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Total RevenuenueRevenue 100.0%.0%100.0% $425.035.03$425.03 $121,276276121,276 100.0%.0%100.0% $472.742.74$472.74 $132,319319132,319 100.0%.0%100.0% $493.203.20$493.20 $115,463463115,463
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Roomsooms Rooms 29.4%.4% 29.4% $80.710.71 $80.71 $23,031031$23,031 22.0%.0% 22.0% $61.311.31 $61.31 $17,161161$17,161 22.0%.0% 22.0% $55.485.48 $55.48 $12,988988$12,988
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Food & Beverageage Beverage 83.5%.5% 83.5% $98.098.09 $98.09 $27,991991$27,991 61.4%.4% 61.4% $101.611.61$101.61 $28,441441$28,441 63.6%.6% 63.6% $130.800.80$130.80 $30,621621$30,621
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Other Operated Departmentsentsartments 91.8%.8% 91.8% $11.171.17 $11.17 $3,188188 $3,188 57.3%.3% 57.3% $16.406.40 $16.40 $4,591591 $4,591 73.0%.0% 73.0% $25.585.58 $25.58 $5,989989 $5,989
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Total Departmental Expensesnsesxpenses 44.7%.7% 44.7% $189.979.97$189.97 $54,210210$54,210 37.9%.9% 37.9% $179.329.32$179.32 $50,192192$50,192 43.0%.0% 43.0% $211.861.86$211.86 $49,597597$49,597
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Roomsooms Rooms 70.6%.6% 70.6% $194.014.01$194.01 $55,359359$55,359 78.0%.0% 78.0% $217.417.41$217.41 $60,853853$60,853 78.0%.0% 78.0% $196.936.93$196.93 $46,102102$46,102
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Food & Beverageage Beverage 16.5%.5% 16.5% $19.459.45 $19.45 $5,547547 $5,547 38.6%.6% 38.6% $63.803.80 $63.80 $17,857857$17,857 36.4%.4% 36.4% $74.944.94 $74.94 $17,543543$17,543
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Other Operated Departmentsentsartments 8.2%.2% 8.2% -$7.28$7.28 -$7.28 $284284 $284 42.7%.7% 42.7% -$47.10$47.10-$47.10 $84$84 $84 27.0%.0% 27.0% -$60.33$60.33-$60.33 -$2,568568-$2,568
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Total Departmental Profitrofitntal Profit 55.3%.3% 55.3% $235.065.06$235.06 $67,066066$67,066 62.1%.1% 62.1% $293.423.42$293.42 $82,126126$82,126 57.0%.0% 57.0% $281.351.35$281.35 $65,866866$65,866
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Administrative & Generaleral General 8.8%.8% 8.8% $37.437.43 $37.43 $10,680680$10,680 8.2%.2% 8.2% $38.718.71 $38.71 $10,834834$10,834 7.5%.5% 7.5% $36.786.78 $36.78 $8,610610 $8,610
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Information and Telecommunicationtionnication 1.5%.5% 1.5% $6.306.30 $6.30 $1,799799 $1,799 2.0%.0% 2.0% $9.669.66 $9.66 $2,702702 $2,702 1.7%.7% 1.7% $8.608.60 $8.60 $2,012012 $2,012
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Marketingtingarketing 6.9%.9% 6.9% $29.219.21 $29.21 $8,336336 $8,336 6.9%.9% 6.9% $32.532.53 $32.53 $9,105105 $9,105 7.0%.0% 7.0% $34.364.36 $34.36 $8,044044 $8,044
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Utility Costsostsity Costs 2.4%.4% 2.4% $10.200.20 $10.20 $2,910910 $2,910 1.7%.7% 1.7% $7.947.94 $7.94 $2,222222 $2,222 2.5%.5% 2.5% $12.132.13 $12.13 $2,840840 $2,840
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Property Operation & Maintenancencetenance 4.3%.3% 4.3% $18.278.27 $18.27 $5,213213 $5,213 3.9%.9% 3.9% $18.318.31 $18.31 $5,126126 $5,126 4.2%.2% 4.2% $20.760.76 $20.76 $4,860860 $4,860
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Total Undistributed Operating Expensesnsesxpenses 23.9%.9% 23.9% $101.411.41$101.41 $28,938938$28,938 22.7%.7% 22.7% $107.147.14$107.14 $29,988988$29,988 22.8%.8% 22.8% $112.622.62$112.62 $26,366366$26,366
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Gross Operating Profitrofitng Profit 31.4%.4% 31.4% $133.653.65$133.65 $38,128128$38,128 39.4%.4% 39.4% $186.286.28$186.28 $52,138138$52,138 34.2%.2% 34.2% $168.738.73$168.73 $39,500500$39,500
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Management FeesFeesent Fees 2.7%.7% 2.7% $11.501.50 $11.50 $3,282282 $3,282 4.4%.4% 4.4% $20.960.96 $20.96 $5,868868 $5,868 3.4%.4% 3.4% $16.856.85 $16.85 $3,946946 $3,946
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Income Before Fixed Chargesges Charges 28.7%.7% 28.7% $122.152.15$122.15 $34,846846$34,846 35.0%.0% 35.0% $165.315.31$165.31 $46,270270$46,270 30.8%.8% 30.8% $151.871.87$151.87 $35,555555$35,555
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Rent Rent Rent 3.1%.1% 3.1% $13.463.46 $13.46 $3,840840 $3,840 1.1%.1% 1.1% $5.295.29 $5.29 $1,481481 $1,481 0.4%.4% 0.4% $2.062.06 $2.06 $481481 $481
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Taxesaxes Taxes 4.1%.1% 4.1% $17.267.26 $17.26 $4,925925 $4,925 5.2%.2% 5.2% $24.494.49 $24.49 $6,854854 $6,854 4.6%.6% 4.6% $22.452.45 $22.45 $5,257257 $5,257
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Insurancencensurance 3.2%.2% 3.2% $13.713.71 $13.71 $3,911911 $3,911 1.0%.0% 1.0% $4.654.65 $4.65 $1,303303 $1,303 1.0%.0% 1.0% $5.125.12 $5.12 $1,198198 $1,198
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EBITDA/Net Operating Incomeome Income 18.3%.3% 18.3% $77.727.72 $77.72 $22,170170$22,170 27.7%.7% 27.7% $130.880.88$130.88 $36,632632$36,632 24.8%.8% 24.8% $122.252.25$122.25 $28,619619$28,619
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