Marchenhaft Towers & Suites Hotel

5-Year Proforma Income Statement

Days In Month
Available Rooms
Room Nights
Occupancy %
Occupied Rooms
Average Room Rate
Revenue Per Available Room
Revenue
Rooms
Food
Beverage
Other Revenue
Total

2019

2020

2021

2022

2023

365

366

365

365

365

130

130

130

130

130

47,450

47580

47580

47580

47,580

50%

63%

79%

98%

81%

23,877

29,936

37,420

46,775

705,288

$160.42

$167.64

$175.19

$188.70

$202.22

$80.93

$105.40

$137.67

$185.37

$163.88

$3,841,908.62

$5,018,493.14

$6,555,406.66

$8,826,361.57

$7,803,413.98

$2,305,145.17

$3,011,095.88

$3,933,244.00

$5,295,816.94

$4,682,048.39

$1,613,601.62

$2,107,767.12

$2,753,270.80

$3,707,071.86

$3,277,433.87

$355,376.55

$464,210.62

$606,375.12

$816,438.44

$721,815.79

$8,116,031.96

$10,601,566.75

$13,848,296.57

$18,645,688.81

$16,484,712.03

Deparmental Expenses
Rooms
Food Cost of Goods
Beverage Cost of Goods
Total

$645,440.65

$843,106.85

$1,101,308.32

$1,482,828.74

$1,310,973.55

$1,753,831.29

$2,290,942.12

$2,992,543.14

$4,029,234.06

$3,562,258.48

Departmental Income

$6,362,200.68

$8,310,624.64

$10,855,753.43

$14,616,454.75

$12,922,453.55

$2,029,007.99

$2,650,391.69

$3,462,074.14

$4,661,422.20

$4,121,178.01

$811,603.20

$1,060,156.68

$1,384,829.66

$1,864,568.88

$1,648,471.20

$162,320.64

$212,031.34

$276,965.93

$372,913.78

$329,694.24

$486,961.92

$636,094.01

$830,897.79

$1,118,741.33

$989,082.72

$202,900.80

$265,039.17

$346,207.41

$466,142.22

$412,117.80

$301,589.83

$393,951.71

$514,599.42

$692,869.38

$612,568.00

$806,800.81

$1,053,883.56

$1,376,635.40

$1,853,535.93

$1,638,716.94

Operating Expnses
Administration & General
Utilities (Power, Water, Gas)
Telphone & Communications
Marketing and Advertising
Repairs & Maintenance
Operating Supplies
Total

$771,023.04

$1,007,148.84

$1,315,588.17

$1,771,340.44

$1,566,047.64

$4,463,817.58

$5,830,861.71

$7,616,563.11

$10,255,128.84

$9,066,591.62

House Profit

$1,898,383.10

$2,479,762.92

$3,239,190.32

$4,361,325.91

$3,855,861.93

$1,839,166.04

$1,826,181.76

$1,810,809.78

$1,792,611.03

$1,771,065.67

$101,450.40

$132,519.58

$173,103.71

$233,071.11

$206,058.90

$77,102.30

$100,714.88

$131,558.82

$177,134.04

$156,604.76

$0.00

$0.00

$0.00

$0.00

$0.00

$2,017,718.74

$2,059,416.23

$2,115,472.31

$2,202,816.18

$2,133,729.33

-$119,335.65

$420,346.69

$1,123,718.01

$2,158,509.73

$1,722,132.60

Income Taxes

-$26,253.84

$92,476.27

$247,217.96

$474,872.14

$378,869.17

Net Income (Loss)

-$93,081.80

$327,870.42

$876,500.05

$1,683,637.59

$1,343,263.43

Fixed Expenses
Interest on Bank Loan
Insurance
Property Taxes
Depreciation
Total
Income (Profit) Loss Before Taxes