In fiscal year 2018, the average gross operating profit margin of ryokans amounted to around 7.8 percent, hitting a record low within the surveyed period. Ryokans are Japanese style inns furnished in a traditional manner, with rooms covered with tatami mats and sliding doors. Guests usually sleep on a futon (bedding) put directly on the tatami floor.
Average gross operation profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018
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Japan Ryokan & Hotel Association. (January 30, 2020). Average gross operation profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 [Graph]. In Statista. Retrieved June 29, 2022, from https://www.statista.com/statistics/1052826/japan-average-gross-operating-profit-ratio-ryokan/
Japan Ryokan & Hotel Association. "Average gross operation profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018." Chart. January 30, 2020. Statista. Accessed June 29, 2022. https://www.statista.com/statistics/1052826/japan-average-gross-operating-profit-ratio-ryokan/
Japan Ryokan & Hotel Association. (2020). Average gross operation profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018. Statista. Statista Inc.. Accessed: June 29, 2022. https://www.statista.com/statistics/1052826/japan-average-gross-operating-profit-ratio-ryokan/
Japan Ryokan & Hotel Association. "Average Gross Operation Profit to Sales Ratio of Japanese Style Inns (Ryokan) in Japan from Fiscal Year 2012 to 2018." Statista, Statista Inc., 30 Jan 2020, https://www.statista.com/statistics/1052826/japan-average-gross-operating-profit-ratio-ryokan/
Japan Ryokan & Hotel Association, Average gross operation profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 Statista, https://www.statista.com/statistics/1052826/japan-average-gross-operating-profit-ratio-ryokan/ (last visited June 29, 2022)