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How to Forecast Future Revenue
STRonomics
The Worst Case Scenario
The most important thing for me is understanding what my operational costs and carry costs are going to be. That's how I run all of my performance. What happens if I'm running 50% occupancy, you know, at a 50th or 75th percentile rate when I'm typically well over the 90th percent? So that's like worst case scenario. If your occupancy drops from 67% to 50%, you have to assume that you're going to save some money on utilities. You're going tosave a little bit in cleaning costs. And then I'm going to figure out what that number would be. Then I’m going to compare that to my carrying costs. Right.
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