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Which one of the following statements about GOPPAR is false? GOPPAR is calculated using total, not rooms only, hotel revenue. A GOPPAR calculation does not
Which one of the following statements about GOPPAR is false?
GOPPAR is calculated using total, not rooms only, hotel revenue.
A GOPPAR calculation does not include expenses just revenue but it focuses only on those expenses that can be controlled by on-site hotel managers.
GOP is the numerator in the GOPPAR formula.
All of the above are false.
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