Sweetwater Investments is considering branching out into the lodging industry. They have asked the Wolverine Consulting Group to provide them with a list of the key characteristics of a lodging property that should be considered in a feasibility study. The following list was provided by the Wolverine Group:

Key Characteristics of a lodging property 1. Rate Structure 2. Location 3. Age ofthe property .
Required:
1. Write a memo to Sweetwater that addresses other key characteristics of a lodging property that should be considered in a feasibility study.