|Capex - Capital Expenditure||
Capex thereby includes all money spent by a business on acquiring, maintaining or fixing assets such as land, buildings and equipment. Thereby capital expenditures can include everything from repairing a roof to building, purchasing a piece of equipment or building a brand new factory. Capital expenditure is often needed to undertake new projects or investments by the firm. This type of financial outlay is also made by companies to maintain or increase the scope of their hotel operations.