Amortization: Difference between revisions
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== Your hotel == | == Your hotel == | ||
There is not much administration available, so far. In fact, the [[operating review]] is the only public financial statement we have. Also on the [[liquidity]] the information lacks at the moment. So, in the Game there is, as you take over, no insights in [[liquidity]] or | There is not much administration available, so far. In fact, the [[operating review]] is the only public financial statement we have. Also on the [[liquidity]] the information lacks at the moment. So, in the Game there is, as you take over, no insights in [[liquidity]] or amortization; it seems, this didn't cause any problems so far. | ||
<br><hr> | <br><hr> | ||
''→ GO! [[#top|Top of this page]]'' | ''→ GO! [[#top|Top of this page]]'' | ||
<center><small>''Emerald Forest Hotel'' offer an <font color="green">'''emerald''' </font color="green">hotel experience! | <center><small>''Emerald Forest Hotel'' offer an <font color="green">'''emerald''' </font color="green">hotel experience! | ||
| Run your own hotel in this management simulation.</small></center> | | Run your own hotel in this management simulation.</small></center> | ||
Revision as of 10:54, 2 July 2023
What is amortization
Amortization in this case, is the gradual reduction of the debt through the repayments we agree with the lender. There is no overview in a balance sheets of the financial situation at the beginning or the end of the year.
From the Operating view we know, that there is costs of interest, which are stated in one group, together with insurance costs.
Amortization is a key element, especially when using EBITDA as a measure of a the hotel's overall financial performance.
Your hotel
There is not much administration available, so far. In fact, the operating review is the only public financial statement we have. Also on the liquidity the information lacks at the moment. So, in the Game there is, as you take over, no insights in liquidity or amortization; it seems, this didn't cause any problems so far.
→ GO! Top of this page
