Hotels aren’t just for gameday, most of their income comes from meeting spaces and the other part of it too is if we use the hotel rooms for visitors (even outside of fb functions) so we save money instead of paying for hotel rooms. Plus you have the benefit of giving hospitality student...
these projects are meant as additional sources of income. It’s kind of a smart hack if you really think about it, its addition income for the program that you wouldn’t have if you were just dependent on ticket and concession sales like every other program.
And I mentioned this in another reply...
Where do you think all this money goes to? Like I get as a bengals fan you’ve been burned by Mike Brown always skimping on the team. But college sports doesn’t treat profits like most corporations and profession sports franchises do, the money goes back into the program in better facilities...
not necessarily, you still get regular income to cover general expenses and stuff and profit from that. I was just saying that's not the primary driver like most people think.
A lot of times private equity has a different definition of ROI than. Most people think the ROI of buying a business is how much revenue it can generate. A lot of times private equity is more concerned with building the valuation of the business, possibly to be sold later.
So for example...
I’m not sure but I thought I heard once that those limits was because Bear Bryant would sign massive classes and the limit was put in place for competitive fairness.
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