Hotel Revenue & Management Blog

What is the meaning / definition of GOPPAR in the hospitality industry? GOPPAR stands for: Gross Operating Profit Per Available Room It is one of the most effective ways to look at your hotel´s performance and make adjustments that impact the best interests to achieve the hotel´s goals. GOPPAR is a KPI that allows hotels to apply the laws of [...]

What is the meaning / definition of GOP in the hospitality industry? GOP stands for: Gross Operating Profit It is a KPI which refers to the Hotels profits after subtracting all of their operating expenses. It illustrates the level of operational profitability of a hotel. How do you calculate GOP? GOP Formula: Gross Operating Revenue – Gross Operating Expences See [...]

What is the meaning / definition of Golf Resort in the hospitality industry? Golf Resorts is a full-service lodging facility, that caters specifically to the sport of golf, and provides access to a golf course. Golf Resorts typically offer golf packages that provide visitors with all greens, cart fees, range balls, accommodations and meals. As a self-contained establishment, a Golf [...]