What is Travel+Leisure Co 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 Travel+Leisure Co's Management Fees (USD Mil) or its related term are showing as below:
TNL'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.
Travel+Leisure Co Management Fees (USD Mil) Historical Data
The historical data trend for Travel+Leisure Co'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.
Competitive Comparison of Travel+Leisure Co's Management Fees (USD Mil)
For the Travel Services subindustry, Travel+Leisure Co'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.
Travel+Leisure Co (NYSE:TNL) 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.
Travel+Leisure Co Management Fees (USD Mil) Related Terms
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Travel+Leisure Co (Travel+Leisure Co) Business Description
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. Majority of the revenue is earned from United States.
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