What does gop rate mean?

The Gop rate is the operating gross profit, which is the balance after deducting costs, labor costs, direct expenses of operating departments and indirect expenses of back-office departments. Usually used more in the hotel industry. Hotel gop= total hotel operating income-total hotel operating expenditure.

In each fiscal year, the income generated by the daily activities such as selling goods and providing services is the total operating income of the hotel. The total operating expenses of the hotel are the goods sold by the enterprise, the expenses incurred in the process of providing services and the daily expenses incurred by non-operating departments.

What is the reasonable gop rate?

Hotel gop rate is one of the comprehensive indexes to evaluate hotel management. Generally speaking, the gop rate of hotels with room income should be 35%-45%; For hotels with catering income, the gop rate is generally between 25% and 33%.