Where is the hotel's Gross Operating Profit or House Profit listed?

The Gross Operating Profit (GOP), often referred to as House Profit, is reported in the summary income statement. This document is a comprehensive overview of a hotel's financial performance over a specific period, consolidating all revenues and expenses to reflect the overall profit generated from the hotel's operations.

The summary income statement typically includes key financial figures such as total revenue, direct operating expenses, and ultimately the Gross Operating Profit. It provides stakeholders with a clear view of the hotel’s operational efficiency and profitability, allowing for performance evaluation and strategic decision-making.

While the balance sheet presents the hotel's assets, liabilities, and equity at a given time, and the cash flow statement tracks the inflow and outflow of cash, these documents do not specifically provide Gross Operating Profit figures. The departmental income statement, on the other hand, breaks down income and expenses for individual departments within the hotel, and while it can contribute to understanding profit at a departmental level, it does not aggregate data to present the hotel's overall Gross Operating Profit in the same way a summary income statement does.