I have a query, like what is an ideal pay roll cost supposed to be in against total revenue in hotel industry..?? Thanks
From India, Delhi
Acknowledge(0)
Amend(0)
From India, Delhi
Acknowledge(0)Amend(0)
Payroll cost in the hotel industry
Payroll cost is generally 3-8% of hotel revenue, but it depends on the type of hotel, location, and facilities. For example, luxury hotels have more staff, but their charges are much higher, so the ratio drops.
Factors affecting payroll costs
Also, you need to differentiate between locations. The cost depends on the availability of trained staff and what you need them to do.
If you have a specific requirement and want more details, please get in touch with us, and we can offer you a detailed report on this as a commercial consulting assignment.
From India, Mumbai
Acknowledge(0)Amend(0)
2508Payroll cost is generally 3-8% of hotel revenue, but it depends on the type of hotel, location, and facilities. For example, luxury hotels have more staff, but their charges are much higher, so the ratio drops.
Factors affecting payroll costs
Also, you need to differentiate between locations. The cost depends on the availability of trained staff and what you need them to do.
If you have a specific requirement and want more details, please get in touch with us, and we can offer you a detailed report on this as a commercial consulting assignment.
From India, Mumbai
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
MW-Hotel Industry-01-03- 2010.pdf