Indirect Hotel Operating Expenses

6 Months Ended

Jun. 30, 2022

Other Income and Expenses [Abstract]

Indirect Hotel Operating Expenses

11. Indirect Hotel Operating Expenses

Indirect hotel operating expenses consists of the following expenses incurred by the hotels:

	Three Months Ended		Three Months Ended		Six Months Ended		Six Months Ended
	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Sales and marketing	$	4,096,429	$	2,898,571	$	7,660,391	$	5,032,375
General and administrative		3,550,096		2,842,268		6,790,675		4,936,644
Repairs and maintenance		2,347,219		1,896,223		4,462,546		3,303,901
Utilities		1,426,900		1,314,988		2,742,249		2,452,204
Property taxes		1,406,138		1,514,781		3,033,077		3,309,911
Management fees, including incentive		1,102,581		1,001,104		2,377,341		1,878,866
Franchise fees		1,257,740		883,137		2,165,775		1,466,559
Insurance		1,046,875		883,021		1,993,152		1,705,093
Information and telecommunications		859,699		704,236		1,788,805		1,330,371
Other		243,908		111,747		386,935		223,229
Total indirect hotel operating expenses	$	17,337,585	$	14,050,076	$	33,400,946	$	25,639,153