It absolutely was founded by J. Willard Marriott in 1927. Dan Cohrs, vp of MC’s venture finance, is getting ready his annual suggestions with the hurdle charges at Every single on the firm's three divisions.
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The management rate is lower compared to the operation and depreciation prices. Due to this fact, the general price of ownership is higher when compared to the cash. As a result, the general cost of administration is usually reduce in comparison to the money charges.
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For Marriott, the price of capital is the entire of your management rate and functioning fee. The 3 main working costs are the expense of design, investment decision and depreciation.
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