What is the gross profit percentage for hotel

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Reference no: EM13866679

What is the gross profit percentage for a hotel, if the total revenue consisted of rooms revenue $3,075,975 and F&B revenue $943,425? The room’s departmental expenses were 26.4% of room’s revenue and the F&B departmental expenses were 69.6% of F&B revenue; the undistributed operating expenses were 24% of total revenue; management fees represented 4% of total revenue; rent, property taxes & insurance were $401,940; interest and depreciation expenses were $241,164.

Reference no: EM13866679

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