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![Page 1: BUDGET ACCURACY 2005 Budget vs Actual – All Hotels (Percent Change From 2004 – 2005)](https://reader035.vdocuments.us/reader035/viewer/2022072014/56812d88550346895d929b54/html5/thumbnails/1.jpg)
BUDGET ACCURACY2005 Budget vs Actual – All Hotels
(Percent Change From 2004 – 2005)
Note: * - Before deducting capital reserves, rent, interest, income taxes, depreciation, and amortization.
Source: PKF Hospitality Research
![Page 2: BUDGET ACCURACY 2005 Budget vs Actual – All Hotels (Percent Change From 2004 – 2005)](https://reader035.vdocuments.us/reader035/viewer/2022072014/56812d88550346895d929b54/html5/thumbnails/2.jpg)
BUDGET ACCURACY – TOTAL REVENUE2005 Budget vs Actual – By Property Type
(Percent Change From 2004 – 2005)
Source: PKF Hospitality Research
![Page 3: BUDGET ACCURACY 2005 Budget vs Actual – All Hotels (Percent Change From 2004 – 2005)](https://reader035.vdocuments.us/reader035/viewer/2022072014/56812d88550346895d929b54/html5/thumbnails/3.jpg)
BUDGET ACCURACY – PROFIT*2005 Budget vs Actual – By Property Type
(Percent Change From 2004 – 2005)
Note: * - Before deducting capital reserves, rent, interest, income taxes, depreciation, and amortization.
Source: PKF Hospitality Research