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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.
14 jan. 2015 10:51
Antwoorden · 3
consolidated=combined unconsolidated=separate
14 januari 2015
...individual hotel.
14 januari 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.
14 januari 2015
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