In the majority of cases, the shorter-phrase management payment is connected with an extra percentage of appreciation, generally known as the IRR. The IRR is solely the difference between the extended-term management fee and the extensive-term lease.
One more factor that features a direct effect on the general expense of possession could be the administration costs. They are the fees that Marriott hotels collect from their visitors at time they stay in the hotel. These management service fees are probably not taxes but are an incentive to help keep the visitor's rooms occupied.
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