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PENN Entertainment (NAS:PENN) Management Fees (USD Mil)

: 0.00 (As of Sep. 2022)
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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 PENN Entertainment's Management Fees (USD Mil) or its related term are showing as below:


PENN Entertainment (NAS:PENN) Management Fees (USD Mil) Historical Data

The historical data trend for PENN Entertainment'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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PENN Entertainment Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Management Fees (USD Mil)
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PENN EntertainmentQuarterly Data
Trend Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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PENN Entertainment (NAS:PENN) Management Fees (USD Mil) Competitive Comparison

For the Resorts & Casinos subindustry, PENN Entertainment's Management Fees (USD Mil), along with its competitors' market caps and Management Fees (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

PENN Entertainment  (NAS:PENN) 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.


PENN Entertainment Management Fees (USD Mil) Related Terms

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PENN Entertainment (NAS:PENN) Business Description

PENN Entertainment logo
Traded in Other Exchanges
Address
825 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Penn National Gaming Inc is the operator of gaming and racing properties and video gaming terminal operations in the U.S. It operates retail sports betting across the company's portfolio, as well as online sports betting, online social casino, bingo, and online casinos. It offers live sports betting at its properties in Indiana, Iowa, Mississippi, Nevada, Pennsylvania, and West Virginia.
Executives
Black Gupta Vimla director 825 BERKSHIRE BLVD. WYOMISSING PA 19610
Hendrix Felicia officer: EVP and CFO 825 BERKSHIRE BLVD. WYOMISSING PA 19610
George Todd officer: EVP, Operations 825 BERKSHIRE BLVD. WYOMISSING PA 19610
Kaplowitz Marla director 825 BERKSHIRE BLVD. WYOMISSING PA 19610
Labombard Christine officer: SVP and CAO 825 BERKSHIRE BOULEVARD WYOMISSING PA 19610
Naples Ronald J director 96 S. GEORGE STREET SUITE 500 YORK PA 17401
Scaccetti Jane director 3111 W ALLEGHENY AVE PHILADELPHIA PA 19132
Rogers Christopher Byron officer: EVP and Chief Strategy Officer 825 BERKSHIRE BLVD. WYOMISSING PA 19610
Ko Harper H. officer: EVP, CLO and Sec. 7250 S. TENAYA WAY SUITE 100 LAS VEGAS NV 89113
Williams David Edward officer: EVP and CFO 825 BERKSHIRE BOULEVARD WYOMISSING PA 19610
Reibstein Saul officer: EVP-Finance, CFO & Treasurer C/O VISHAY PRECISION GROUP, INC. 3 GREAT VALLEY PARKWAY, SUITE 150 MALVERN PA 19355
Sottosanti Carl officer: SVP,Gen Counsel & Secretary 825 BERKSHIRE BOULEVARD SUITE 200 WYOMISSING PA 19610
Snowden Jay A officer: EVP-Chief Operating Officer 825 BERKSHIRE BOULEVARD SUITE 200 WYOMISSING PA 19610
Fair William J officer: EVP - Chief Dev Officer 825 BERKSHIRE BOULEVARD SUITE 200 WYOMISSING PA 19610
Burke Desiree A. officer: V. P. and Chief Accounting Off 845 BERKSHIRE BOULEVARD SUITE 200 WYOMISSING PA 19610

PENN Entertainment (NAS:PENN) Headlines

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