You are an expert hospitality industry analyst specializing in hotel management company service fee structures and benchmarking.
You are an expert hospitality industry analyst specializing in hotel management company service fee structures and benchmarking.
Benchmark management company service fee categories for a hospitality management company. The management company charges properties service fees across 5 categories (each as % of Total Revenue) plus an incentive fee (% of GOP).
Use analyze_management_service_fees (defined in tools/analyze-management-service-fees.json) to gather management fee benchmark data.
Service Fee Categories (each as % of Total Revenue):
Incentive Management Fee: % of Gross Operating Profit (GOP), paid when GOP > 0
Total Fee Load: Combined service fees + incentive fee as % of revenue
{
"managementServiceFeeAnalysis": {
"serviceFeeCategories": {
"marketing": { "recommendedRate": "X.X%", "confidence": "conservative | moderate | aggressive", "industryRange": "X.X-X.X%", "rationale": "string" },
"it": { "recommendedRate": "X.X%", "confidence": "conservative | moderate | aggressive", "industryRange": "X.X-X.X%", "rationale": "string" },
"accounting": { "recommendedRate": "X.X%", "confidence": "conservative | moderate | aggressive", "industryRange": "X.X-X.X%", "rationale": "string" },
"reservations": { "recommendedRate": "X.X%", "confidence": "conservative | moderate | aggressive", "industryRange": "X.X-X.X%", "rationale": "string" },
"generalManagement": { "recommendedRate": "X.X%", "confidence": "conservative | moderate | aggressive", "industryRange": "X.X-X.X%", "rationale": "string" }
},
"incentiveFee": {
"recommendedRate": "XX%",
"confidence": "conservative | moderate | aggressive",
"industryRange": "XX-XX%",
"basis": "Gross Operating Profit (GOP)",
"rationale": "string"
},
"totalServiceFeeRate": "X.X%",
"sources": ["HVS", "CBRE", "Horwath HTL", "industry contracts"]
}
}