Vail Resorts (LTS:0LK3) Management Fees (USD Mil) : 0.00 (As of . 20)

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What is Vail Resorts Management Fees (USD Mil)?

Management Fees (USD Mil) of hospitality usually include the salary of managers. A lower management fee is better.

The historical rank and industry rank for Vail Resorts's Management Fees (USD Mil) or its related term are showing as below:

LTS:0LK3's Management Fees (USD Mil) is not ranked ^*
in the Travel & Leisure industry.
Industry Median:
* Ranked among companies with meaningful Management Fees (USD Mil) only.

Vail Resorts Management Fees (USD Mil) Historical Data

The historical data trend for Vail Resorts's Management Fees (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vail Resorts Management Fees (USD Mil) Chart

Vail Resorts (LTS:0LK3) Management Fees (USD Mil) Explanation

Management Fees (USD Mil) are one of the major costs for hospitality businesses.

Base management fees should be set so that they compensate managers for their cost of doing business, including overhead and base salaries. This is compensation for showing up to work and thus, should not be a source of profit for management companies as it generally is now. Usually, base management fees are approximately 1.0% to 2.0% of total revenue for most hotels, depending on size, or a duly considered flat fee.

Since it is a cost, a lower management fee is better. However, we also need to measure its effectiveness. Management’s effectiveness is evidenced by two primary results: the ability to generate an appropriate share of top line revenue within the relevant competitive market (in other words, to produce the highest possible level of Revenue per Available Room (USD)); and to convert that revenue into as much sustainable cash flow available to the owner (net operating income, or NOI) as possible.

Vail Resorts Management Fees (USD Mil) Related Terms

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Vail Resorts (LTS:0LK3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Vail Resorts Inc (LTS:0LK3) » Definitions » Management Fees (USD Mil)

Comparable Companies

Traded in Other Exchanges

MTN:USA MTN:Mexico VAI:Germany

Address

390 Interlocken Crescent, Broomfield, CO, USA, 80021

Website

https://www.vailresorts.com

Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

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