This session is part of our series of free webinars aimed at all those seeking to learn more about hospitality finance to build blocks of profitable revenue on the journey back to profitability. Each session commences at 2.00pm and last for 60 minutes which includes time for questions and a quick quiz to complete the session.
This session is ideal for:
Hotel Accounting Teams
Photo courtesy of Scott Graham, Unsplash
The Gross Operating Profit (GOP) is an all important figure in the monthly reports, calculated from Departmental Revenues less the Departmental Costs and Undistributed Operating Expenses. Converting revenues to a target level of GOP is essential for ensuring that we create the bottom line income required to sustain our business for the future. But different types of revenue create different levels of GOP - how do we monitor that we are creating the expected level of GOP? Join us for this webinar to find out more.