What is the meaning / definition of Adjusted Gross Operating Profit (AGOP) in the hospitality industry?
AGOP stands for: Adjusted Gross Operating Profit
AGOP is the figure that is found by subtracting “hotel base management fees” from the “gross operating profit”.
How is AGOP calculated?
Formula: AGOP = GOP – Hotel Base Management Fees
See Also:
- GOP – Gross Operating Profit
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