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Chengyue
What‘’s the meaning of “unconsolidated hospitality ventures” ?
And also "consolidated hospitality ventures". I found this term in the reports of some hotel groups.
Jan 14, 2015 10:51 AM
Answers · 3
consolidated=combined
unconsolidated=separate
January 14, 2015
...individual hotel.
January 14, 2015
It sounds like technical terminology used by accountants and auditors to describe a group of hotels whose financial statements are combined into one report instead of being issued separately for each individual.
January 14, 2015
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Chengyue
Language Skills
Chinese (Mandarin), English
Learning Language
English
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