In fiscal year 2018, the average gross operating profit margin of Japanese hotels amounted to around 9.3 percent. Hotels in Japan refer to modern accommodation facilities following western structures, standing in contrast to traditional Japanese style inns (ryokan).
Average gross operating profit to sales ratio of hotels in Japan from fiscal year 2012 to 2018
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Japan Ryokan & Hotel Association. (January 30, 2020). Average gross operating profit to sales ratio of hotels in Japan from fiscal year 2012 to 2018 [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/1052794/japan-average-gross-operating-profit-ratio-hotel/
Japan Ryokan & Hotel Association. "Average gross operating profit to sales ratio of hotels in Japan from fiscal year 2012 to 2018." Chart. January 30, 2020. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/1052794/japan-average-gross-operating-profit-ratio-hotel/
Japan Ryokan & Hotel Association. (2020). Average gross operating profit to sales ratio of hotels in Japan from fiscal year 2012 to 2018. Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/1052794/japan-average-gross-operating-profit-ratio-hotel/
Japan Ryokan & Hotel Association. "Average Gross Operating Profit to Sales Ratio of Hotels in Japan from Fiscal Year 2012 to 2018." Statista, Statista Inc., 30 Jan 2020, https://www.statista.com/statistics/1052794/japan-average-gross-operating-profit-ratio-hotel/
Japan Ryokan & Hotel Association, Average gross operating profit to sales ratio of hotels in Japan from fiscal year 2012 to 2018 Statista, https://www.statista.com/statistics/1052794/japan-average-gross-operating-profit-ratio-hotel/ (last visited May 22, 2022)