In fiscal year 2018, the average amount of assets held by ryokans in Japan was valued at around 1.45 billion Japanese yen, boosted significantly by the popularity and growth of large-scale businesses. Ryokans are Japanese style inns furnished in a traditional manner, with rooms covered with tatami mats and sliding doors, standing in contrast to modern hotels following western structures.
Average total assets held by accommodation facilities in Japan in 2018, by type
(in million Japanese yen)
fiscal year 2018; the Japanese fiscal year starts April 1 of each stated year and ends March 31 of the following year
Supplementary notes
*The source provides the following information on the inn sizes: Small = up to 30 guest rooms. Middle = 31 to 99 guest rooms. Large = 100 and more guest rooms.
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022. Values have been rounded.
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Japan Ryokan & Hotel Association. (January 30, 2020). Average total assets held by accommodation facilities in Japan in 2018, by type (in million Japanese yen) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1038081/japan-average-annual-asset-lodging-by-type/
Japan Ryokan & Hotel Association. "Average total assets held by accommodation facilities in Japan in 2018, by type (in million Japanese yen)." Chart. January 30, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1038081/japan-average-annual-asset-lodging-by-type/
Japan Ryokan & Hotel Association. (2020). Average total assets held by accommodation facilities in Japan in 2018, by type (in million Japanese yen). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1038081/japan-average-annual-asset-lodging-by-type/
Japan Ryokan & Hotel Association. "Average Total Assets Held by Accommodation Facilities in Japan in 2018, by Type (in Million Japanese Yen)." Statista, Statista Inc., 30 Jan 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1038081/japan-average-annual-asset-lodging-by-type/
Japan Ryokan & Hotel Association, Average total assets held by accommodation facilities in Japan in 2018, by type (in million Japanese yen) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1038081/japan-average-annual-asset-lodging-by-type/ (last visited November 10, 2024)
Average total assets held by accommodation facilities in Japan in 2018, by type (in million Japanese yen) [Graph], Japan Ryokan & Hotel Association, January 30, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1038081/japan-average-annual-asset-lodging-by-type/
