Examples of Gross Rooms Revenue in a sentence
Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included, and not deducted from, the calculation of Gross Rooms Revenue.
If Hotel accommodations are bundled with food and beverage arrangements or other services when charged to the customer, you will make a good faith reasonable allocation of the resulting revenue between Gross Rooms Revenue and Gross Food and Beverage Revenue, consistent with the Uniform System of Accounts for the Lodging Industry, or such other accounting methods specified by us in the Manual.
The Monthly Program Fee rate will not exceed the current rate plus 1% of Gross Rooms Revenue over the term of the Franchise Agreement.
ONLY FOR HWSThree and one half percent (3.5%) of the Hotel’s Gross Rooms Revenue for the preceding calendar month.
ONLY FOR HWSFour percent (4%) of the Hotel’s Gross Rooms Revenue for the preceding calendar month.