CERTYNEX IFRS ACADEMY

An analyst comments on the classification of hotels under management contracts. Which of the analyst's statements is incorrect?

"Whether the services are significant is a judgement based on the facts."

"The property is automatically an investment property as soon as a third party manages the hotel, whatever the other facts."

"The owner's role, passive investor or operator, enters the analysis."

"The assessment is delicate in the case of hotel management contracts."