Monarch Casino & Resort (Monarch Casino & Resort) Management Fees (USD Mil) : 0.00 (As of Mar. 2024)

Monarch Casino & Resort Management Fees (USD Mil) Chart

Monarch Casino & Resort Annual Data
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Revenue From Company Owned Properties (USD Mil)		Get a 7-Day Free Trial

Monarch Casino & ResortQuarterly Data
	Trend	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Management Fees (USD Mil)		Get a 7-Day Free Trial
Revenue From Company Owned Properties (USD Mil)		Get a 7-Day Free Trial

Competitive Comparison of Monarch Casino & Resort's Management Fees (USD Mil)

For the Resorts & Casinos subindustry, Monarch Casino & Resort's Management Fees (USD Mil), along with its competitors' market caps and Management Fees (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Monarch Casino & Resort  (NAS:MCRI) Management Fees (USD Mil) Explanation

Management Fees (USD Mil) are one of the major costs for hospitality businesses.

Base management fees should be set so that they compensate managers for their cost of doing business, including overhead and base salaries. This is compensation for showing up to work and thus, should not be a source of profit for management companies as it generally is now. Usually, base management fees are approximately 1.0% to 2.0% of total revenue for most hotels, depending on size, or a duly considered flat fee.

Since it is a cost, a lower management fee is better. However, we also need to measure its effectiveness. Management’s effectiveness is evidenced by two primary results: the ability to generate an appropriate share of top line revenue within the relevant competitive market (in other words, to produce the highest possible level of Revenue per Available Room (USD)); and to convert that revenue into as much sustainable cash flow available to the owner (net operating income, or NOI) as possible.

Monarch Casino & Resort Management Fees (USD Mil) Related Terms

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Monarch Casino & Resort (Monarch Casino & Resort) Business Description