Indirect Hotel Operating Expenses (Tables)

3 Months Ended

Mar. 31, 2019

Other Income And Expenses [Abstract]

Summary of Indirect Hotel Operating Expenses

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

	Three Months Ended		Three Months Ended
	March 31, 2019		March 31, 2018
	(unaudited)		(unaudited)
Sales and marketing	$	4,233,323	$	3,727,422
General and administrative		3,812,473		3,442,458
Repairs and maintenance		2,020,593		1,801,142
Utilities		1,506,663		1,401,978
Property taxes		1,730,466		1,537,374
Management fees, including incentive		1,397,689		1,115,859
Franchise fees		1,128,751		923,524
Insurance		750,942		634,669
Information and telecommunications		623,078		381,604
Other		185,702		267,226
Total indirect hotel operating expenses	$	17,389,680	$	15,233,256