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It absolutely was recognized by J. Willard Marriott in 1927. Dan Cohrs, vice chairman of MC’s job finance, is planning his annual recommendations for your hurdle premiums at Just about every from the firm's a few divisions.
Even so, this is expected to alter given that the resort appreciates in price, Because the administration rate signifies The existing price of the property. Thus, the annual fee may also be greater than the management payment.
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