Total Revenue
What is the meaning / definition of Total Revenue in the hospitality industry?
Total Revenue is the total amount of Revenue coming from all operational departments in a business. Total Revenue is the most common indicator with any business as it allows an insight into a company’s overall performance, market size etc.
Total Revenue can be generally be found at the top of any income statement.
See also:
- Income
- Income Statement
- Total Revenue management
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About the Author: Patrick Landman
As CEO and Founder of XOTELS, Patrick Landman has made it his mission to turn hotels and resorts into local market leaders. XOTELS´ diverse expertise and deep-knowledge across revenue management consulting, hotel management, and hotel consulting, enables us to drive results for independent boutique hotels, luxury resorts, and innovative lodging concepts. Below you will find opinion articles written by Patrick Landman.
