Tags Business & Finance Math and Arithmetic Sales and Customer Service Business Accounting and Bookkeeping

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Accounting

What is a good profit margin for a hotel?

Anonymous

∙ 18y ago

Updated: 9/11/2023

Preferably it should be be a few percent over what you could get for your money in a safer investment. Consider that you may be an employee there and being paid a decent salary. No? The facts. You asked - 9-12 percent. But of what?

Wiki User

∙ 18y ago

Still curious? Ask our experts.

Chat with our AI personalities

Vivi

Your ride-or-die bestie who's seen you through every high and low.

Chat with Vivi

Devin

I've poured enough drinks to know that people don't always want advice—they just want to talk.

Chat with Devin

Blake

As your older brother, I've been where you are—maybe not exactly, but close enough.

Chat with Blake

Add your answer:

Earn +20 pts

Q: What is a good profit margin for a hotel?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Accounting

What is a good profit margin for consulting?

As much as you can get SUCKA!

What is a good profit margin for a consulting business?

15%

How do you calculate a profit margin ratio?

Profit Margin ratio is the comparison of profit as a percentage of revenue and calculated as follows Profit Margin ratio = Net Profit/Revenue

What is a high profit margin?

A high profit margin is a good indication that a business is doing well, and has financial stability. This also shows that the company has good control over its costs in relation to its income.

How do you calculate profit margins?

Gross Profit Margin = Gross Profit/Revenues Net Profit Margin = Net Profit/Revenues

Trending Questions

How do you dizan a girting card? Where to post bad debt expense on income statement? What is the best way to make money with savings? Are cash sales an asset? What is the general ledger journal entry to write stale checks? How much taxes do you pay on 220000 adjusted gross income? What are the limitation of the computerised accounting system? How long does it take to get an IRS refund if you file late? Are freight charges taxable? A is a category on which income is spent? Accounts Payable represents amounts owed to debtors True False? What is the price of equity capital? Explain the advantages of using flexible budget as part of budgetary control system? What is an invoice used for? What is the journal entry for Issued cheque in favour of Mr jain and bro and discount allowed by them? What is selling and distribution expenses ratio? When does the contribution margin ratio always increase? Is an accounts receivable account in accounting a debit or a credit balance account? Where to report 1041 K -1 interest on form 1040? If a CC settlement agreement does not include anything about reporting it to the credit bureaus what can happen and do they have to report it anyway?

Related Questions

What is a good profit margin for an ornamental wrought iron business?

A profit margin you can live on.

What does profit margin mean?

Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin

What is a good profit margin for consulting?

As much as you can get SUCKA!

What is a good profit margin for a consulting business?

15%

Candy Company had sales of 240000 and cost of goods sold of 108000 What is the gross profit margin?

Gross profit = sales - cost of good sold Gross profit margin = gross profit / sales *100 Gross profit = 240000- 108000 = 132000 Gross profit margin = 132000/240000 *100 Gross profit margin = 55%

What is a good net profit margin for a agricultural input supplier?

The margin should be around 10%.

What is a good profit margin for a service?

A good profit margin for services is 15 to 25%. Selling goods along with the services can help offset profits can keep the business going.

What is net profit margin?

Net Profit margin is an indicator of the profitability of an organization. This refers to the actual amount of profit the company makes after deducting taxes and operating expenses. All company's strive to attain a good or rather high net profit margin. A net profit margin is also an indicator of the ability of the organization to control cost and also a good pricing strategy.Formula:Net Profit Margin = (Net Profit (After Taxes)/ Revenue) * 100%Note: It is easy to confuse gross profit margin and net profit margin. Gross profit is the amount of money left after paying for the operating expenditure. Net profit is the amount of money left after paying for operating expenses as well as government taxes. This is the actual amount of profit that goes into your pocket.

What is a good profit margin for a seafood market retailer?

25%

How do you calculate a profit margin ratio?

Profit Margin ratio is the comparison of profit as a percentage of revenue and calculated as follows Profit Margin ratio = Net Profit/Revenue

What is a high profit margin?

A high profit margin is a good indication that a business is doing well, and has financial stability. This also shows that the company has good control over its costs in relation to its income.

How do you calculate profit margins?

Gross Profit Margin = Gross Profit/Revenues Net Profit Margin = Net Profit/Revenues

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.