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Problem 3 The Alston Inn is managed by Inns, Inc. The management contract requites 1 percent ut Total revenue to be transferred to the replacement

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Problem 3 The Alston Inn is managed by Inns, Inc. The management contract requites 1 percent ut Total revenue to be transferred to the replacement reserves to cover future renovations and equipment replacements Alston Inn's debt service payment is $10,000 per month. The lodging property has 200 guestrooms, an ADR of stoo, and a paid occupancy of 70 percent is room revenue is 70 percent of its total revenue and its net praling income is 15 percent of its total revenue Required: L Determine the Inn's annual total revenue 2 Determine the Inn's annual net operating income. 3. Determine the Inn's debt service coverage ratio for the pear

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