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FINANCIAL MANAGEMENT GUIDE © Marin Management, Inc. 1 A. Business Name, Type and Ownership For legal business names and related information, see your Hotel-

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Presentation on theme: "FINANCIAL MANAGEMENT GUIDE © Marin Management, Inc. 1 A. Business Name, Type and Ownership For legal business names and related information, see your Hotel-"— Presentation transcript:

1 FINANCIAL MANAGEMENT GUIDE © Marin Management, Inc. 1 A. Business Name, Type and Ownership For legal business names and related information, see your Hotel- specific Accounting Information Guide.Hotel- specific Accounting Information Guide B. North American Industry Classification System Various government entities use the North American Industry Classification System to categorize businesses according to their “principal business activities”. Each category has a code, and these codes are used on various government forms. The table on the following page shows the codes used in our industry.North American Industry Classification System Continue ► 7000. Introduction and General, 7010 Business Names and Information

2 FINANCIAL MANAGEMENT GUIDE © Marin Management, Inc. 2 B. North American Industry Classification System (cont.) Continue ► Table 7010. INDUSTRY CLASSIFICATION CODES Principal Business ActivityCode Hotel and motels (except casino hotels) 721110 Casino Hotels 721120 Bed-and-breakfast inns 721191 Rooming and boarding houses 721310 All other traveler accommodations 721199 Full-service restaurants 722110 Limited-service restaurants 722211 Drinking places with alcoholic beverages 722410 7000. Introduction and General, 7010 Business Names and Information

3 FINANCIAL MANAGEMENT GUIDE © Marin Management, Inc. 3 B. North American Industry Classification System (cont.) For MMI-managed hotels, we use the following code: 721110 End 7000. Introduction and General, 7010 Business Names and Information

4 FINANCIAL MANAGEMENT GUIDE © Marin Management, Inc. 4 7000. Introduction and General, 7010 Business Names and Information


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