Sheet1 Marriott Cost of Capital Lodging Division Tax Rate 0.44 Equity Beta D/D+S Lodging Hilton Holiday La Quinta Ramada Average 0.76 1.35 0.89 1.36 1.09 14% 79% 69% 65% 0.5675 S/D+S 86% 21% 31% 35% 0.4325 D/S Unlevered Beta 0.16 3.76 2.23 1.86 2.00 0.65 0.28 0.28 0.48 0.42 Target D/D+S Target D/S Levered Beta 74% 2.85 1.62 Costs of Equity: Rf Lodging MRP 8.95% 7.43% Beta Requity 1.62 21.02% Costs of Debt: Rf Lodging 8.95% Spread Tax rate Rdebt(1-T) 1.10% 0.44 0.0563 WACCs: Lodging
Premium Progressive tax
Leadership Vision Chamberlain College of Nursing NR 504: Leadership & Nursing Practice Summer Semester 2011 Leadership Vision What is an organization without a vision? The vision objective puts the organizations values and goals into simplified terms every member of the team can understand and share. The same holds true for our own personal goals and aspirations. We should develop our own personal vision statements to ensure
Premium Health care Health care provider Health
this tenth Grace‚ Kennedy Foundation Lecture‚ following a digression in 1997 when the spotlight focused on political issues‚ with ’Westminster Style Democracy - The Jamaican Experience’‚ we return to a discussion of a significant social subject: ’Vision and Volunteerism: Reviving Volunteerism in Jamaica’. The Lecturer‚ distinguished anthropologist Dr. Don Robotham‚ begins by portraying the context of current social conditions in Jamaica: an escalating crime rate‚ in-discipline‚ deteriorating services
Premium Jamaica
Citizens’ Group 2006 A Vision for Bangladesh in 2021 Outline Draft dated June 12‚ 2006 | | |The purpose of this vision paper is to illustrate a mental image of Bangladesh in 2021. To that effect‚ the paper will delineate | |the manner in which the future path of politically accountable development should be conceived for Bangladesh‚ and subsequently | |derive
Premium Infrastructure Policy Economic inequality
Running header: DISNEY 1 WALT DISNEY COMPANY’S VISION STATEMENT VANESSA HARRISON-HARVEY When it comes to marketing their product the Walt Disney Company has done that and more for over eighty years. They started out with one vision in mind and today they are a Fortune 500 company. Their vision statement is clear‚ “All our dreams can come true‚ if we have the courage to pursue them.” Walt Disney’s vision was to make sure there would be a place for children of all ages and along with
Premium The Walt Disney Company Walt Disney Burbank, California
Marriott in Budapest Case Study Report 2011 Table of Contents Introduction…………………………………………………………………………1 Problem Identification ……………………………………………… …….1 Analysis…………………… Recommendations…………………………….. Summary………………………………………………. References…………………………………………………………... INTRODUCTION Budapest is the capital city of Hungary and along the shore of the Duna River downtown‚ the infamous Marriott Hotel is situated. Until Marriott showed an interest in this establishment
Premium Marriott International Hotel chains Motivation
Tecumseh was a very significant Native American who gave his life for what he believed. He knew that the Americans were a tremendous threat to all Indian tribes‚ and realized that the Indians would be destroyed one by one if not united. Tecumseh created a confederation of thirty-two tribes in hopes that the Americans would recognize their borders and thus put a halt to westward expansion. His confederation may have succeeded if it were not for the mistakes made by his brother‚ Laulewasika‚ the Americans
Premium William Henry Harrison
Swami Vivekananda Contributor Personality Program An Adani Group Initiative UNIT 3: The Contributor’s Vision of Success ...Not only external rewards but also deep inner fulfillment for students and faculty of Gujarat Technological University by University Services COPYRIGHT DECLARATION This Study Material is designed‚ developed and published by Illumine Knowledge Resources Pvt. Ltd. and licensed to Career Knowledge Resources Pvt. Ltd‚ the promoters of I-Become. All rights are reserved
Premium Bharat Ratna President of India A. P. J. Abdul Kalam
Outdoor Clothing’s and Columbia Sportswear’s mission statements. Both of these companies’ focus provides clothing for the outdoorsman. A mission statement is an important message from the company to all of their stakeholders. (King D. C.‚ 2012) Patagonia Outdoor Clothing’s mission statement is to build the best product‚ cause no unnecessary harm‚ use business to inspire and implement solutions to the environmental crisis. Columbia Sportswear’s mission statement is to design and deliver authentic
Premium Strategic management Statements Natural environment
Kellen R. Goodwin January 22‚ 2013 The Mission Statement For the purpose of this assignment‚ we are to discuss the purpose behind a mission statement. In this discussion we are to include the reasoning for an organization to post a mission statement publically‚ cover whether or not we read or pay attention to mission statements‚ and finally discuss whether or not we could personally benefit from a mission statement. What is a mission statement? A mission statement defines what an organization
Premium Statements Bible Mission statement