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AWDOH Timeshare HOA Benchmark Study Now Available
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Central Florida CPA firm AWDOH announces free timeshare homeowner association (HOA) financials study is available.
AWDOH Timeshare HOA Benchmark Study Now Available
| Orlando,
FL – January 2012 / Hospitality 1ST / Central Florida’s largest
independent accounting firm, Averett
Warmus Durkee Osburn Henning, CPAs (AWDOH), has once again released
its highly acclaimed comparative review of Florida timeshare homeowner
associations (HOAs) financial performance. This second annual study looks
at the figures from approximately 100 Florida timeshare resort HOAs and
compares data accumulated over an eight-year period.
AWDOH Partner Tom Durkee CPA says, “We produced the first of these last year as a service to our timeshare/vacation ownership companies and homeowner associations clients for whom we provide tax, accounting and auditing services. As a service to timeshare resorts everywhere, we are happy to make this information available, free-of-charge, to any interested party.” ARDA President Howard Nusbaum says, “We commend AWDOH for undertaking this study and releasing their findings to the community at-large. The information will probably substantiate what many resort operators are already finding to be true and in other cases, it may prove to be a wake-up call.” “The creation of these two studies called for an intensive research project to empirically review HOA financial statements and operational data over multiple years,” says AWDOH Partner Lena Combs. “In these studies, our AWDOH team compiled and compared the data of approximately 100 Florida resorts.” For more information about the project, contact Tom Durkee (tdurkee@awdoh-cpa.com) or Lena Combs (lcombs@awdoh-cpa.com) at 407-849-1569. To request a copy of the Executive Summary of the 2011 report, send an email request to kchappell@awdoh-cpa.com and include your name, company name, phone number and email address. About Averett Warmus Durkee
Osburn Henning CPAs
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