Traditional Culture Encyclopedia - Traditional stories - What is the profit of the hotel?
What is the profit of the hotel?
40% to 8% of the hotel's profit varies with many factors such as geographical location, scale, vegetable price and cost. Generally speaking, the comprehensive gross profit of hotels is around 40% to 30%, but this is not certain. If the hotel's daily income is 160 yuan, then the gross profit can reach 80 yuan. But this is far from enough to pay rent, utilities, property fees and other expenses, so in fact, some small hotels may have low profits, and some may even lose money. In addition, the net profit margin is also different. The net interest rate of the catering industry is generally between 8%- 10%. Specifically, after removing all costs and expenses, the ratio of residual profit to turnover is the net profit rate. This ratio is influenced by many factors, such as food cost, labor cost, rent, taxes and fees.
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