What does the GOP value of the hotel industry mean?

The GOP value of the hotel industry refers to the operating gross profit of the hotel. In the income statement, GOP is the balance of income minus cost, labor cost, direct cost of operation department and indirect cost of back office department. Hotel GOP is equal to the total operating income of the hotel minus the total operating expenses of the hotel. The total operating income of the hotel includes rooms, restaurants, entertainment, shopping malls, business centers and other income. The total operating expenses of the hotel are the expenses incurred in the process of selling goods and providing services, as well as the daily expenses incurred by non-operating departments.