Traditional Culture Encyclopedia - Hotel franchise - What does hotel gross output value mean?

What does hotel gross output value mean?

Gross output value, statistical term, period indicator (month, quarter, year), refers to the total value of goods and services produced by resident units in the material production department within a certain period, reflecting the production of the material production department The value results of business activities. In other words, the total output value is the value expression of the results of labor. The total output value, also known as "gross production value", is the value of all products produced by production units, production departments, regions or the entire national economy within a certain period of time. An indicator that comprehensively reflects the total scale of production within a certain range.