What is the meaning / definition of gop in the hospitality industry?
GOP stands for: Gross Operating Profit
It is a kpi which refers to the hotels profits after subtracting all of their operating expenses. It illustrates the level of operational profitability of a hotel.
How do you calculate GOP?
- GOP Formula: Gross Operating revenue – Gross Operating Expences
See Also:
Synonyms
- GOP
- Gross Operating Profil
Comments are closed