AGOP – Adjusted Gross Operating Profit
What is the meaning / definition of Adjusted Gross Operating Profit (AGOP) in the hospitality industry?
AGOP stands for: Adjusted Gross Operating Profit
AGOP is the figure that is found by subtracting “hotel base management fees” from the “gross operating profit”.
How is AGOP calculated?
Formula: AGOP = GOP – Hotel Base Management Fees
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As CEO and Founder of Xotels, Patrick Landman has made it his mission to turn independent hotels and resorts into local market leaders. Xotels´ diverse expertise and deep-knowledge across
hotel management,
hotel operator,
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revenue management services, enables them to drive results for independent boutique hotels, luxury eco-resorts, and innovative lodging concepts. Below you will find opinion articles written by Patrick Landman.
