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| Topic: |
English
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| Number of pages / Number of words: |
7 / 1780 |
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This means that the hotel is collecting their debt quickly and in a good manner, but it also shows that there is less money on hand for reinvesting. Looking at the overall financial status one can conclude that the Cameron Hotel is doing bad business. The hotel stays alive due to the Henderson group and the Tenant...
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One of the weak points of the Cameron Hotel is that all the assets are leased from the Henderson group, which results into a low value of assets on the Cameron balance. Concluding to the Horwath the main high costs are from: Beverage (84%), Administrative and general (180%), Marketing (96%), Property (77%) and Rent and lease (679%)*...
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