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Net Income for Hotels

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Jul 26, 2015, 11:13:51 PM
Net Income for Hotels=Operated Department Income (Rooms)+Operated Departments Income (Excluding Rooms)-Undistributed Operating Expenses-Non-Operating Expenses-Taxes
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Hospitality Operation Management net income
UUID
fa6c39fb-33eb-11e5-a3bb-bc764e2038f2

A hotel's total earnings (or profit). Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses. This number is found on a hotel's income statement and is an important measure of how profitable the hotel is over a period of time. The measure is also used to calculate earnings per share.

Resource:

  • Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
  • "Net Income (NI) Definition | Investopedia." Investopedia. N.p., 24 Nov. 2003. Web. 07 Aug. 2015.
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