Traditional Culture Encyclopedia - Hotel accommodation - Is the profit margin of hotel private rooms high?
Is the profit margin of hotel private rooms high?
not high. The rental of wine rooms is 2% of the turnover, the wage expenditure is 15%, the energy consumption such as water and electricity is 5%, the tax revenue is 6%, other unpredictable expenses are 5%, and the rest is the profit rate of hotel room operators is 5%, which is not high. Commercial profit, commercial profit is the profit obtained by commercial capitalists engaged in commercial business activities.
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