Miscellaneous Income — Schedule 4
Schedule 4: Miscellaneous Income outlines the correct reporting structure for any income that doesn’t fall under major operated departments. This includes non-traditional income sources that qualify for net revenue reporting under the Uniform System of Accounts.
1. Reporting Structure
Properties are allowed to:
- Delete irrelevant line items
- Reorder columns
- Add sub-schedules for greater detail
They are not allowed to substitute or add entirely new income categories outside the approved structure.
Sub-schedules for income items can offer detail but must roll up into one of the approved lines.
2. General Rule for Classification
Revenue should be classified under Miscellaneous Income only when it meets criteria for net revenue reporting. An exception may apply for audiovisual income if no Food and Beverage department exists (in which case it appears on this schedule).
3. Common Income Line Items
Attrition Fees
- Fees from groups not meeting guaranteed bookings for rooms, food, or services.
Cancellation Fees
- Includes charges for guest/group reservation cancellations, no-shows, and early departure penalties not reported under Rooms.
Cash Discounts Earned
- Discounts gained from early payments to vendors and for timely tax payments.
Commissions
- From third parties for vending machines, gaming, Internet, ATMs, taxis, etc.
- Audiovisual commissions (if no F&B dept.) appear here.
Guest Foreign Currency Gains/Losses
- Gains/losses from currency exchange services offered to guests.
Guest Laundry and Dry Cleaning
- Net income from third-party laundry services offered to guests.
Interest Income
- Interest from bank accounts, receivables, or investments (not reserves).
Net Mixed-Ownership Unit Rentals
- Commission income when units are rented on a net basis.
Other Breakage
- Unused gift cards or coupons that are not legally escheated.
Package Breakage
- Residual value from unused or overused portions of package deals.
Business Interruption Insurance
- Net insurance proceeds from business interruption claims.
Resort Fees
- Per-night fees for bundled amenities. Must follow net/gross revenue rules.
Space Rental and Concessions
- Income from rented property space for services not offered by hotel (e.g., coffee kiosks).
Other
- Includes refrigerator rentals, in-room safes, safety deposit boxes, etc.
4. Total Miscellaneous Income
Total = Sum of all income line items.
On the Summary Operating Statement, this is reported as:
- Operating Revenue — Miscellaneous Income
Each income source should also be shown as a percentage of Total Miscellaneous Income for analysis and benchmarking.
Refer to Part III for relevant operational benchmarks and ratios.
