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Are regarded as franchise hotels

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To calculate gross margin subtract Cost of Goods Sold COGS from total revenue and dividing that number by total revenue Gross Margin Total Revenue Cost of Goods SoldTotal Revenue The formula to calculate gross margin as a percentage is Gross Margin Total Revenue Cost of Goods SoldTotal Revenue x 100.

Hotel KPI or Hotel Key Performance Indicator is the value that can be measured and which lets you set a standard to measure the success rate of your hotel business as to how is it faring in the market KPI in hospitality industry is also used to find out if or not you are on the right track to meet the targets set.

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