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COMFORT's revenue is made up of management fees earned from hotels managed by COMFORT under long-term contracts with hotel owners, and from the rental of
COMFORT's revenue is made up of management fees earned from hotels managed by COMFORT under long-term contracts with hotel owners, and from the rental of rooms and food and beverage sales from hotels owned and leased by the company directly. In hotels owned and leased directly by COMFORT, the company's practice is to confirm hotel bookings by taking credit card details and collecting payment for accommodation and incidentals at the end of a customer's stay. You have noted an increasing incidence of corporate clients prepaying for their employees' accommodation. These have been recorded as revenue when payment has been received
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