Hotel Financial Evaluation
This evaluation is designed to assess the financial performance and health of a hotel. It provides structure, criteria, and guidelines for collecting and analyzing financial information.
Evaluation Criteria
Revenue: Total income generated from hotel operations including rooms, food, beverage, and other services.
Operating Expenses: Total costs incurred in running the hotel, including salaries, utilities, maintenance, and supplies.
Gross Operating Profit (GOP): Profitability measure representing total revenue minus total operating expenses.
Net Operating Income (NOI): Income generated by the hotel after deducting operating expenses, but before interest and taxes.
Occupancy Rate: Percentage of available rooms that are occupied over a given period.
Average Daily Rate (ADR): Average revenue earned per rented room over a given period.
Revenue Per Available Room (RevPAR): Revenue earned per available room over a specific period. Calculated as ADR multiplied by Occupancy Rate.
Profit Margin: Percentage of revenue that has turned into profit, calculated as Net Income divided by Revenue.
Criterion | Metric | Min/Max/ Expected Value (if applicable) | Rating (1-5) |
|---|
Revenue | Total Revenue | | |
Operating Expenses | Total Expenses | | |
Gross Operating Profit (GOP) | GOP = Revenue - Operating Expenses | | |
Net Operating Income (NOI) | NOI = Gross Operating Profit - (Interest + Taxes) | | |
Occupancy Rate | Occupancy Rate = (Occupied Rooms / Available Rooms) * 100% | | |
Average Daily Rate (ADR) | ADR = Total Room Revenue / Occupied Rooms | | |
Revenue Per Available Room (RevPAR) | RevPAR = ADR * Occupancy Rate | | |
Profit Margin | Profit Margin = (Net Income / Revenue) * 100% | | |
Additional Comments and Notes
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