The operating profit margin measures the profitability of an industry. This indicator is calculated as the proportion of the operating income to total sales. In the second quarter of 2024, the operating profit margin of the global hotel and tourism industry was 20.79 percent. This shows an increase over the previous quarter's figure of 16.41 percent.
Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 2nd quarter 2024
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CSIMarket. (October 24, 2024). Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 2nd quarter 2024 [Graph]. In Statista. Retrieved December 11, 2024, from https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/
CSIMarket. "Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 2nd quarter 2024." Chart. October 24, 2024. Statista. Accessed December 11, 2024. https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/
CSIMarket. (2024). Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 2nd quarter 2024. Statista. Statista Inc.. Accessed: December 11, 2024. https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/
CSIMarket. "Operating Profit Margin of The Hotel and Tourism Industry Worldwide from 1st Quarter 2021 to 2nd Quarter 2024." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/
CSIMarket, Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 2nd quarter 2024 Statista, https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/ (last visited December 11, 2024)
Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 2nd quarter 2024 [Graph], CSIMarket, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/