Gross Revenue

Search for glossary terms (regular expression allowed)
Begin with Contains Exact termSounds like
Term Definition
Gross Revenue

What is the meaning / definition of Gross Revenue in the hospitality industry?

Gross Revenue refers to the total sales made by a business. It thereby highlights a business's ability to sell products and services, but it does not reveal if a company is able to strike a profit.

It is the company's revenue minus the cost of goods sold (COGS). In this case it is also referred to as gross profit and, when expressed as a percentage of revenue, gross margin. Gross Revenue can be found on the top line of a company's income statement. In order to calculate the Gross Revenue, together the total value of all sales must be added together.

Formula:

See Also:

Amsterdam - Bangkok - Barcelona - Brussels - Dubai - Jakarta - London - Miami - New York - Paris

Xotels Ltd., Zandvoortselaan 10, 2042 XA Zandvoort, The Netherlands
Chambers of Commerce, Haarlem - the Netherlands, Nr: 34 24 13 54

Our Partners: HotelScienz - Veturi Hotels - Vojo-Ventures - Rimedo - Kabano Rentals

Aggregated Rating Score


Sign Up ! Get the latest tips and trends from our blog

Please complete this form to create an account, receive email updates and much more.
Contact Email  *
Name 
You can sign up to receive email updates from topics that may interest you.
*Required Fields
DON'T MISS A THING! - Subscribe to our Blog
Enter your email:
Enter your name: