Traditional Culture Encyclopedia - Hotel franchise - What is the contribution rate of the hotel per square meter?

What is the contribution rate of the hotel per square meter?

How much the hotel contributes per square meter depends on the situation. The contribution rate per square meter of the hotel refers to the income generated by the hotel per square meter area. This index can help hotel managers to evaluate the operational efficiency and profitability of hotels. The specific value of the contribution rate per square meter varies with hotel type, geographical location, house price, occupancy rate and other factors. Calculation formula: contribution rate per square meter = total hotel revenue/total hotel construction area. For example, if a hotel's total revenue is 6,543.8+million yuan and its total construction area is 654.38+00,000 square meters, its contribution rate per square meter is 6,543.8+million yuan/654.38+00,000 square meters = 654.38+000 yuan/square meter. The higher the contribution rate per square meter, the stronger the hotel's operating efficiency and profitability. Hotel managers can increase the contribution rate per square meter by raising the house price, increasing the occupancy rate and reducing the cost. Therefore, the contribution rate per square meter of the hotel depends on the situation.