Indirect Hotel Operating Expenses (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022		March 31, 2021
	(unaudited)		(unaudited)
Sales and marketing	$	3,563,962	$	2,133,804
General and administrative		3,240,579		2,094,376
Repairs and maintenance		2,115,327		1,407,678
Utilities		1,315,349		1,137,216
Property taxes		1,626,939		1,795,129
Management fees, including incentive		1,274,760		877,763
Franchise fees		908,035		583,422
Insurance		946,277		822,072
Information and telecommunications		929,106		626,135
Other		143,027		111,482
Total indirect hotel operating expenses	$	16,063,361	$	11,589,077