July 10, 2017

Fleming's Hotel Mรผnchen-City

Fleming's Hotel Mรผnchen-City

4-star hotel
Address: BayerstraรŸe 47, 80335 Mรผnchen, Germany

๋ฐฉ์€ ์ž‘์ง€๋งŒ ๊น”๋”ํ•ฉ๋‹ˆ๋‹ค. ์ƒค์›Œ ๋ถ€์Šค๋ฅผ ํˆฌ๋ช…ํ•˜๊ฒŒ ํ•ด์„œ ์ข์€ ๋А๋‚Œ์ด ๋œ ๋‚˜๊ฒŒ ๋งŒ๋“ค์–ด ๋†“์•˜๋„ค์š”.





๋นˆ ๊ตญ์ œ๊ณตํ•ญ

๋นˆ ๊ตญ์ œ๊ณตํ•ญ (Vienna International Airport, VIE)

Address: Wien-Flughafen, 1300 Schwechat, Austria





์˜ค์ŠคํŠธ๋ฆฌ์•„์˜ ์œ ๋ช…ํ•œ ๋ชจ์งœ๋ฅดํŠธ ์ฟ ๊ฒ”.


๋ณด์Šค ๋ฒ ์ด๋น„

๋ณด์Šค ๋ฒ ์ด๋น„ (The Boss Baby, 2017)

Rating: PG (for some mild rude humor)
Genre: Animation, Comedy, Family
Directed by: Tom McGrath
Starring: Alec Baldwin, Steve Buscemi, Miles Bakshi
Production company: DreamWorks Animation
Distributed by: 20th Century Fox
Release date: March 12, 2017 (Miami), March 31, 2017 (United States)
Running time: 97 minutes
Country: United States
Language: English

์•„๊ธฐ๋Š” ์–ด๋””์„œ ์˜ค๋Š”์ง€์— ๋Œ€ํ•œ ์•„์ด๋“ค์˜ ๊ถ๊ธˆ์ฆ, ๋™์ƒ์ด ์ƒ๊ธฐ๋ฉฐ ๋А๋ผ๊ฒŒ ๋˜๋Š” ์•„์ด๋“ค์˜ ๋งˆ์Œ, ์ ์  ์•„์ด๋ฅผ ๊ฐ–๊ธฐ ๋ณด๋‹ค๋Š” ๋ฐ˜๋ ค๋™๋ฌผ์„ ์„ ํ˜ธํ•˜๋Š” ํ˜„๋Œ€์‚ฌํšŒ์˜ ๋ชจ์Šต์„ ๋„ฃ์€ ํ›„ ์ƒ์ƒ๋ ฅ์„ ๋ฟŒ๋ฆฐ ๋’ค ์ž˜ ์„ž์€ ์˜ํ™”.

๊ด‘๊ณ ๋‚˜ ์˜ˆ๊ณ ํŽธ์„ ๋ณด๊ณ ๋Š” ๋ณ„๋กœ ๋ณด๊ณ  ์‹ถ์ง€ ์•Š์•˜๋˜ ์˜ํ™”. ์ข€ ์•„์‰ฌ์šด ๋ฉด์€ ์žˆ์ง€๋งŒ, ์ƒˆ๋กœ์™”๋˜ ์˜ํ™”์ž…๋‹ˆ๋‹ค. ์˜ˆ๊ณ ํŽธ์— ์ข€๋งŒ ๋” ์‹ ๊ฒฝ์ผ์œผ๋ฉด ์ข‹์•˜์„.


๋ผ์ดํ”„

๋ผ์ดํ”„ (Life, 2017)

Directed by: Daniel Espinosa
Starring: Jake Gyllenhaal, Rebecca Ferguson, Ryan Reynolds
Distributed by: Columbia Pictures
Release date: March 18, 2017 (SXSW), March 24, 2017 (United States)

๊ฐ•ํ•œ ์ƒ๋ช…๋ ฅ์„ ์ง€๋‹Œ ํ™”์„ฑ์—์„œ ์˜จ ์™ธ๊ณ„ ์ƒ๋ฌผ์ฒด์™€ ์‚ด์•„๋‚จ๊ธฐ ์œ„ํ•œ ์ธ๊ฐ„์˜ ๋…ธ๋ ฅ์ด ์˜ํ™”์˜ ๋ผˆ๋Œ€๋ฅผ ์ด๋ฃน๋‹ˆ๋‹ค.

์ธ๊ฐ„๋“ค์ด ๋ณด๊ธฐ์—” ํŒŒ๊ดด์ ์ด๊ณ  ์ ๋Œ€์ ์ผ์ง€ ๋ชฐ๋ผ๋„ '์ฝฉ: ์Šค์ปฌ ์•„์ผ๋žœ๋“œ'์˜ ์ฝฉ๋„, '๋ผ์ดํ”„'์˜ ํ™”์„ฑ ์ƒ๋ช…์ฒด๋„ ์นจ์ž…์ž ์ธ๊ฐ„์œผ๋กœ ๋ถ€ํ„ฐ ์‚ด์•„๋‚จ๊ธฐ ์œ„ํ•œ ๋ชธ๋ถ€๋ฆผ์ผ ์ˆ˜ ์žˆ์Šต๋‹ˆ๋‹ค.

๋ผ์ดํ”„์˜ ํ™”์„ฑ ์ƒ๋ช…์ฒด ๋ˆˆ์œผ๋กœ ๋ณด๋ฉด, ๋‚ฏ์„  ์นจ์ž…์ž๋“ค์ด ๊ฐ“๋‚œ ์•„๊ธฐ๋ฅผ ๋‚ฉ์น˜ํ•ด ๊ฐ€์„œ, ์Šค์Šค๋กœ ๋ฐฉ์–ดํ•˜๋ ค๊ณ  ๋™๋ฉด์— ๋“œ๋Š” ๊ฒƒ์กฐ์ฐจ ๋ฐฉํ•ดํ•˜๊ณ , ๊ดด๋กญํžˆ๋Š” ๊ฒƒ์ด์ฃ . ๊ทธ๋ฆฌ๊ณ , ํž˜์„ ํ‚ค์šด ํ™”์„ฑ ์ƒ๋ช…์ฒด๊ฐ€ ๋ณต์ˆ˜๋ฅผ ์‹œ์ž‘ํ•˜๋Š” ๋‚ด์šฉ์ด ๋ฉ๋‹ˆ๋‹ค.

๋ˆ„๊ตฌ์˜ ๊ด€์ ์—์„œ ๋ณด๋ƒ์— ๋”ฐ๋ผ ๋‹ฌ๋ผ์ง€๊ฒŒ ๋˜์ฃ . ๊ทธ๊ฑด ์˜ํ™”๋ฟ๋งŒ ์•„๋‹ˆ๋ผ ๋งŽ์€ ๊ณณ์—์„œ, ๋งŽ์€ ์ผ์—์„œ ๋‚˜ํƒ€๋‚ฉ๋‹ˆ๋‹ค.

ํ•˜์ง€๋งŒ, ์•Œ๋ฉด์„œ๋„ ์™„์ „ํžˆ ๋‹ค๋ฅธ ์‚ฌ๋žŒ ์‹œ๊ฐ์—์„œ๋งŒ ๋ณด๋Š” ๊ฑด ์–ด๋ ต๊ธฐ๋„ ํ•˜์ฃ .



์ŠคํŒŒ์ด๋”๋งจ: ํ™ˆ์ปค๋ฐ

์ŠคํŒŒ์ด๋”๋งจ: ํ™ˆ์ปค๋ฐ (Spider-Man: Homecoming, 2017)

Directed by: Jon Watts
Starring: Tom Holland, Michael Keaton, Jon Favreau, Zendaya
Production company: Columbia Pictures, Marvel Studios, Pascal Pictures
Distributed by: Sony Pictures Releasing
Release date: June 28, 2017 (TCL Chinese Theatre), July 7, 2017 (United States)
Running time: 133 minutes
Country: United States

homecoming
๋ฏธ [hoสŠmkสŒmษชล‹] ์˜ [hษ™สŠmkสŒmษชล‹]
①๊ท€๊ฐ€, ๊ท€์„ฑ(ๆญธ็œ), ๊ท€ํ–ฅ, ๊ท€๊ตญ ②(๋ฏธ๊ตญ ๋Œ€ํ•™·๊ณ ๊ต ๋“ฑ์˜ ๋ชจ๊ต ๋ฐฉ๋ฌธ) ๋™์ฐฝํšŒ, ๋™๋ฌธ์˜ ๋‚ 

๋ถ€์ œ์ธ ํ™ˆ์ปค๋ฐ. ํ™ˆ์ปค๋ฐ ๋ฐ์ด์— ์ค‘์š”ํ•œ ์ผ์ด ๋ฐœ์ƒํ•˜๊ธฐ๋„ ํ•˜์ง€๋งŒ, ๋งˆ๋ธ” ์˜ํ™”์— ๋“ค์–ด์˜จ ์ŠคํŒŒ์ด๋”๋งจ์„ ํ™˜์˜ํ•˜๋Š” ์˜๋ฏธ๊ฐ€ ๋” ํฌ์ง€ ์•Š์„๊นŒ์š”?

์•„์ง์€ Neighborhood Hero๊ฐ€ ์–ด์šธ๋ฆฌ๋Š” ์ŠคํŒŒ์ด๋”๋งจ. ๋งˆ๋ธ” ์‹œ๋ฆฌ์ฆˆ์— ๋Œ€ํ•œ ๊ธฐ๋Œ€ ๋˜๋Š” ์˜ˆ์ƒ์น˜ ์ˆ˜์ค€์ž…๋‹ˆ๋‹ค. ๋”ฑ ๊ทธ๋งŒํผ ์žฌ๋ฏธ์žˆ๋Š”.



์ฝฉ: ์Šค์ปฌ ์•„์ผ๋žœ๋“œ

์ฝฉ: ์Šค์ปฌ ์•„์ผ๋žœ๋“œ (Kong: Skull Island, 2017)

Directed by: Jordan Vogt-Roberts
Distributed by: Warner Bros. Pictures
Starring: Tom Hiddleston, Samuel L. Jackson, John Goodman, Brie Larson
Release date: February 28, 2017

์บ๋ฆญํ„ฐ์™€ ์บ๋ฆญํ„ฐ๊ฐ€ ์—ฐ๊ฒฐ๋œ ์œ ๋‹ˆ๋ฒ„์Šค์˜ ํž˜์„ ๋ณด์—ฌ์ฃผ๋Š” ๋งˆ๋ธ”๊ณผ ๋””์”จ. ์œ ๋‹ˆ๋ฒ„์„ค ์ŠคํŠœ๋””์˜ค๋Š” ๋‹คํฌ ์œ ๋‹ˆ๋ฒ„์Šค๋กœ ๋ชฌ์Šคํ„ฐ ์˜ํ™” ์‹œ๋ฆฌ์ฆˆ๋ฅผ ๋งŒ๋“ค๋ ค ํ•˜๊ณ , ์›Œ๋„ˆ ๋ธŒ๋กœ์Šค๋Š” ๊ฑฐ๋Œ€ ๊ดด์ˆ˜๋ฅผ ๋‚ด์„ธ์›๋‹ˆ๋‹ค.

์›Œ๋„ˆ ๋ธŒ๋กœ์Šค์˜ '์ฝฉ: ์Šค์ปฌ ์•„์ผ๋žœ๋“œ'๋Š” ๊ทธ ์ฒซ๋ฒˆ์งธ ์ž‘ํ’ˆ์ด์ฃ .  2019๋…„ ๊ณ ์งˆ๋ผ๊ฐ€ '๊ณ ์งˆ๋ผ: ํ‚น ์˜ค๋ธŒ ๋ชฌ์Šคํ„ฐ์ฆˆ'๋กœ ๋Œ์•„์˜ค๊ณ , 2020๋…„์—๋Š” ๊ณ ์งˆ๋ผ์™€ ์ฝฉ์˜ ๋Œ€๊ฒฐ์ด ์ด์–ด์งˆ ์˜ˆ์ •์ด๋ผ๊ณ  ํ•ฉ๋‹ˆ๋‹ค.

์‹œ๋Œ€์  ๋ฐฐ๊ฒฝ์˜ ์ฐจ์ด๋กœ ์ด์–ด์งˆ ์ˆ˜๋Š” ์—†์ง€๋งŒ, ๊ทธ ์ „ 2018๋…„์—๋Š” ํผ์‹œํ”ฝ ๋ฆผ(2013)์˜ ํ›„์†์ž‘์ธ ํผ์‹œํ”ฝ ๋ฆผ: ์—…๋ผ์ด์ง•์œผ๋กœ ๊ฑฐ๋Œ€ ๋ชฌ์Šคํ„ฐ๋ฅผ ์ด์–ด๊ฐˆ ๊ฑฐ๋ผ๊ณ  ํ•˜๋„ค์š”.

๋งˆ๋ธ”์˜ ์‰ด๋“œ, ๋‹คํฌ ์œ ๋‹ˆ๋ฒ„์Šค์˜ ํ”„๋กœ์ง€๋””์›€(Prodigium), ๊ทธ๋ฆฌ๊ณ  ์ฝฉ์˜ ๋ชจ๋‚˜ํฌ(Monarch). ๊ฐ ์œ ๋‹ˆ๋ฒ„์Šค์˜ ์—ฐ๊ฒฐ๊ณ ๋ฆฌ๋“ค์ด์ฃ .

์š”์ฆ˜์€ ๊ดด์ˆ˜ ์˜ํ™”๋ฅผ ์ข‹์•„ํ•˜์ง€ ์•Š๊ธฐ์— ๊ทธ๋‹ค์ง€ ๋ณด๊ณ  ์‹ถ์ง€๋Š” ์•Š์•˜์ง€๋งŒ, ๊ถ๊ธˆํ•˜๊ธฐ๋„ ํ•ด์„œ ๋ณด์•˜๋Š”๋ฐ... ๊ธฐ๋Œ€๊ฐ€ ์—†์–ด์„œ ๊ทธ๋Ÿฐ์ง€ ์žฌ๋ฏธ์žˆ๊ฒŒ ๋ณด์•˜์Šต๋‹ˆ๋‹ค.

๊ธฐ๋ฅ˜๊ฐ€ ๋ถˆ์•ˆ์ •ํ•  ๋•Œ ๋น„ํ–‰๊ธฐ์—์„œ ๋ณด๋‹ˆ, ํ—ฌ๊ธฐ๋“ค์ด ๊ณต๊ฒฉ์„ ๋ฐ›์„ ๋•Œ์—๋Š” 4D ์ˆ˜์ค€์œผ๋กœ.




ํ˜„๊ธˆํ๋ฆ„

ํ˜„๊ธˆํ๋ฆ„

PGI - L&V = EGI
PGI: potential gross income. ๊ณต์‹ค์ด ์—†์„ ๊ฒฝ์šฐ๋ฅผ ๊ฐ€์ •ํ•œ ์†Œ๋“.
L&V: loss and vacancy. ๊ณต์‹ค์ด๋‚˜ ์ž„๋Œ€๋ฃŒ ์ˆ˜์ทจ๋ฅผ ๋ชปํ•˜๋Š” ๊ธˆ์•ก.
EGI: effective gross income. PGI์—์„œ ๋น„์–ด์žˆ๋Š” ๊ณต๊ฐ„ ์ œ์™ธํ•˜๊ณ  ์‹ค์ œ๋กœ ์ž„๋Œ€๋ฃŒ๊ฐ€ ์–ป์–ด์ง€๋Š” ๊ณต๊ฐ„์—์„œ ๋‚˜์˜ค๋Š” ์†Œ๋“.

EGI - OPEX = NOI
OPEX: operating expenses. ๋ถ€๋™์‚ฐ ์œ ์ง€ํ•˜๋Š”๋ฐ ์ •๊ธฐ์ ์œผ๋กœ ๋ฐœ์ƒํ•˜๋Š” ๋น„์šฉ.
NOI: net operating income. ๋ถ€๋™์‚ฐ ์ž์‚ฐ์—์„œ ๋ฐœ์ƒํ•˜๋Š” ์ˆœ์˜์—…์ด์ต.

์ˆ˜์„  ํ•ญ๋ชฉ์€ ์„ฑ๊ฒฉ์— ๋”ฐ๋ผ OPEX์ธ  R&M(repair and maintenance) ํ•ญ๋ชฉ์œผ๋กœ ์ฒ˜๋ฆฌํ•˜๊ฑฐ๋‚˜, CAPEX ํ•ญ๋ชฉ์œผ๋กœ ์ฒ˜๋ฆฌ. ํšŒ๊ณ„์ ์œผ๋กœ OPEX๋Š” ๋น„์šฉ ์ฒ˜๋ฆฌ, CAPEX๋Š” ์ž์‚ฐ์˜ ์ฆ๊ฐ€๋กœ ์ฒ˜๋ฆฌ ํ›„ ์‹œ๊ฐ„์ด ์ง€๋‚˜๋ฉฐ ์ƒ๊ฐ ์ฒ˜๋ฆฌ. ์ผ์ƒ์ ์ด๊ฑฐ๋‚˜ ๊ธˆ์•ก์ด ์ ์œผ๋ฉด R&M, ๋‹จ์ผ ์ˆ˜์„ ํ•ญ๋ชฉ์ด ํฌ๊ณ , ๋น„์ •๊ธฐ์ ์ผ ๊ฒฝ์šฐ CAPEX๋กœ ๋ด„.

NOI - DS - CAPEX - TI - LC - Others = CFBT
DS: Debt service. ์ด์ž๋น„์šฉ์ด๋‚˜ ๋Œ€์ถœ์›๊ธˆ ์ƒํ™˜ ๋“ฑ ์ฐจ์ž…๊ด€๋ จ ๋น„์šฉ.
CAPEX: capital expenditure. ์ž๋ณธ์  ์ง€์ถœ. ์ž์‚ฐ์˜ ๊ฐ€์น˜๋ฅผ ์ฆ๊ฐ€์‹œํ‚ค๋Š” ๋น„์šฉ.
TI: tenant improvement. ์ž„์ฐจ์ธ์ด ์ž„์ฐจํ•œ ๊ณต๊ฐ„์„ ์ž์‹ ์—๊ฒŒ ๋งž๊ฒŒ ๊พธ๋ฐ€ ์ˆ˜ ์žˆ๋„๋ก, ์ž„๋Œ€์ธ์ด ์ž„์ฐจ์ธ์—๊ฒŒ ์ง€์›ํ•˜๋Š” ๊ธˆ์•ก.
LC: leasing commission. ์ž„๋Œ€๋Œ€ํ–‰์ˆ˜์ˆ˜๋ฃŒ.
Others: ๊ธฐํƒ€ ์ œ๋ฐ˜ ์ˆ˜์ˆ˜๋ฃŒ.
CFBT: cash flow before tax. ์„ธ์ „ ํ˜„๊ธˆํ๋ฆ„.

์ž„๋Œ€์‹œ์žฅ์ด ์ž„์ฐจ์ธ ์œ„์ฃผ์ผ ๋•Œ ์ž„๋Œ€๋ฃŒ ์ธํ•˜ ์••๋ ฅ์„ ๋ฐ›๊ฒŒ ๋˜๋Š”๋ฐ, ์ด๋•Œ ์ผ๋ฐ˜์ ์œผ๋กœ ์ž„๋Œ€์ธ์€ ๋ช…๋ชฉ ์ž„๋Œ€๋ฃŒ๋ฅผ ๋‚ฎ์ถ”๊ธฐ ๋ณด๋‹ค๋Š” ๋ช…๋ชฉ ์ž„๋Œ€๋ฃŒ๋Š” ์œ ์ง€ํ•˜๋ฉด์„œ ๋ ŒํŠธํ”„๋ฆฌ ๊ธฐ๊ฐ„์„ ๋Š˜๋ฆฌ๊ฑฐ๋‚˜, TI๋ฅผ ๋” ๋งŽ์ด ์ง€์›ํ•˜๋Š” ๋ฐฉ๋ฒ•์œผ๋กœ ์‹ค์งˆ ์ž„๋Œ€๋ฃŒ๋ฅผ ๋‚ฎ์ถ”๊ฒŒ ๋จ. ์ด๋Ÿฌํ•œ ๊ฒฝ์šฐ, TI๋ฅผ NOI ์ดํ›„ ์ฐจ๊ฐํ•˜๋Š” ๊ฒƒ์ด ์•„๋‹ˆ๋ผ, EGI ๊ณ„์‚ฐ ์‹œ ๋ ŒํŠธํ”„๋ฆฌ์™€ ํ•จ๊ป˜ TI๋ฅผ ๋ฐ˜์˜ํ•˜๋Š” ๊ฒƒ์ด ํ˜„์‹ค์„ ๋ฐ˜์˜ํ•œ๋‹ค๊ณ  ๋ณด๊ธฐ๋„ ํ•จ.

CFBT - TAX = CFAT
CFAT: cash flow after tax. ์„ธํ›„ ํ˜„๊ธˆํ๋ฆ„.

NOI/V = Cap rate
V: value. ์ž์‚ฐ๊ฐ€์น˜. ์„ธ๊ธˆ์ด๋‚˜ ๋ถ€๋Œ€๋น„์šฉ์ด ๊ณ ๋ ค๋˜์ง€ ์•Š์€ ๊ฐ€๊ฒฉ.

NOI/Debt = Debt yield

NOI/DS = DSCR
DSCR: debt service coverage ratio.



์Šค์นด์ด ํ—ˆ๋ธŒ ๋ผ์šด์ง€

์ธ์ฒœ๊ณตํ•ญ ์Šค์นด์ด ํ—ˆ๋ธŒ ๋ผ์šด์ง€ (๋™ํŽธ)

ํ‰์†Œ ์ž˜ ์•ˆ ๋จน์ง€๋งŒ, ๋ผ์šด์ง€์— ์˜ค๋ฉด ๋จน๊ฒŒ ๋˜๋Š” ์‹ ๋ผ๋ฉด..



๊ธฐ๋‚ด์‹ KE937 Economy

๊ธฐ๋‚ด์‹ KE937 Economy

์ธ์ฒœ์—์„œ ๋น„์—”๋‚˜๋กœ ๊ฐ€๋Š” KE937. B777-300.

์ด๋ฒˆ์—๋Š” ์‚ฌ์ „์— ํŠน๋ณ„์‹ ์ค‘ ์ €์—ผ์‹์œผ๋กœ ์„ ํƒ์„ ํ•˜์˜€์Šต๋‹ˆ๋‹ค.

์ฒ˜์Œ์€ ์น˜ํ‚จ, ๋‘๋ฒˆ์งธ๋Š” ์ƒ์„  ์š”๋ฆฌ. ์‹ฌ๋ฆฌ์ ์ธ ๊ฑธ๊นŒ์š”? ๋ญ”๊ฐ€ ๋œ ๋ถ€๋‹ด์Šค๋Ÿฌ์šด ๋А๋‚Œ์ž…๋‹ˆ๋‹ค.





July 08, 2017

์ดํƒˆ๋ฆฌ์•„ ์‚ฐ๋ ˆ๋ชจ (Sanremo)

์ดํƒˆ๋ฆฌ์•„ ์‚ฐ๋ ˆ๋ชจ (Sanremo)

□ ๋จน์„ ๊ณณ

Il Mulattiere
Address: Via Palma, 11, 18038 Sanremo IM, Italy
์†Œ๋ฐ•ํ•œ ์ดํƒˆ๋ฆฌ์•„ ๊ฐ€์ •์‹
Hours: Mon-Tue 12:00-15:00, 19:00-22:00

Image: Italiano: Sanremo dal mare by Jose Antonio from Wikimedia Commons, https://commons.m.wikimedia.org/wiki/File:Sanremo_dal_mare.JPG in the public domain