NUG CAGR definition
NUG CAGR means compound annual growth rate at which the M&F hotel portfolio grew by at the end of the Performance Period (2028) relative to the portfolio at the end of 2025, excluding the impact of any business or portfolio acquisition or disposition upon close of the transaction and any transfer between ownership type, assuming a steady growth rate, as calculated at the end of the Performance Period using the following formula:
(i) ((Year End 2028 M&F Hotel Room Count/Year End 2025 M&F Hotel Room Count)(Time Period)) – 1.
(ii) where “Time Period” means a fraction, with a numerator of 4 and a denominator equal to the number of full fiscal quarters completed during the Performance Period (i.e., 4/12 or 1/3).
NUG CAGR means compound annual growth rate at which the M&F hotel portfolio for the final fully completed fiscal year of the Performance Period would have grown relative to the 2021 fiscal year, excluding the impact of any business or portfolio acquisition or disposition, assuming a steady growth rate, as calculated at the end of the Performance Period using the following formula: ((2024 M&F Hotel Room Count/2021 M&F Hotel Room Count)(Time Period)) – 1.
NUG CAGR means compound annual growth rate (“CAGR”) at which NUG for the final four fiscal quarters of the Performance Period (“Ending M&F room count”) would have grown relative to the NUG for the 2018 fiscal year (“2018 M&F room count”) assuming a steady growth rate, as calculated at the end of the Performance Period using the following formula:
More Definitions of NUG CAGR
NUG CAGR means compound annual growth rate at which the M&F hotel portfolio for the final fully completed fiscal year of the Performance Period would have grown relative to the 2021 fiscal year, excluding the impact of any business or portfolio acquisition or disposition, assuming a steady growth rate, as calculated at the end of the Performance Period using the following formula: