A Longitudinal Study of Equipment Leasing in the U.S. Lodging Industry

Lan Jiang, R. Schmidgall
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引用次数: 2

Abstract

ABSTRACT This paper examines the current equipment leasing practices in the U.S. lodging industry and compares these practices to leasing practices in the U.S. lodging industry in 2000 as identified in an earlier study by Schmidgall and Upneja (2001). It compares the features of leases that make them attractive for today's hotel companies with the features that made leases attractive in 2000. In the previous study Schmidgall and Upneja revealed the major reasons for leasing included protection from obsolescence, securing tax advantages, and ensuring uniform cash outflows. For the current study, a similar questionnaire was sent to 500 members of HFTP associated with the lodging industry. This time, the researchers found that the major reasons for leasing are (1) to keep upgrading equipment, (2) to protect against obsolescence, and (3) to lower down payments.
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美国住宿行业设备租赁的纵向研究
本文考察了目前美国住宿行业的设备租赁实践,并将这些实践与Schmidgall和Upneja(2001)在2000年的早期研究中确定的美国住宿行业的租赁实践进行了比较。它比较了租赁对今天的酒店公司有吸引力的特点和2000年的租赁有吸引力的特点。在之前的研究中,Schmidgall和Upneja揭示了租赁的主要原因包括防止过时、确保税收优惠和确保统一的现金流出。在目前的研究中,一份类似的调查问卷被发给了500名与住宿行业相关的HFTP成员。这一次,研究人员发现,租赁的主要原因是(1)不断升级设备,(2)防止陈旧,(3)降低首付。
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