1. BUDGET ACCURACY 2005 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

2. BUDGET ACCURACY – TOTAL REVENUE 2005 Budget vs Actual – By Property Type (Percent Change From 2004 – 2005)
Source: PKF Hospitality Research

3. BUDGET ACCURACY – PROFIT
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