Your DOF is a great accountant. The director does a solid job running the accounting department and is very efficient. Your monthly financials are timely and overall the accuracy is high. The internal audit reports are very strong and they manage the accounting staff and departmental communications well. Whats the problem then?
The Companys second quarter RevPAR decreased 1.6% to $227.31, driven by a 0.5% decline in average daily rate to $257.86 and a 1.1% reduction in occupancy to 88.2%.
Fibra Inn Announces Hotel Indicators for June 2017 and Second Quarter 2017
The Hotel Brand sub-index increased 10.3% to 6,070 from April to May, while the Hotel REIT sub-index fell 0.3% to 1,569 during the month.