In fiscal year 2018, the average ratio of operating expenses to sales revenue of ryokans in Japan amounted to a record low of 10.8 percent, implying that less sales revenue is needed to cover operating expenses. 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 operating expenses to sales revenue 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 operating expenses to sales revenue ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1050936/japan-operating-expense-ratio-ryokan-inn/
Japan Ryokan & Hotel Association. "Average operating expenses to sales revenue ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018." Chart. January 30, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1050936/japan-operating-expense-ratio-ryokan-inn/
Japan Ryokan & Hotel Association. (2020). Average operating expenses to sales revenue ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1050936/japan-operating-expense-ratio-ryokan-inn/
Japan Ryokan & Hotel Association. "Average Operating Expenses to Sales Revenue Ratio of Japanese Style Inns (Ryokan) in Japan from Fiscal Year 2012 to 2018." Statista, Statista Inc., 30 Jan 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1050936/japan-operating-expense-ratio-ryokan-inn/
Japan Ryokan & Hotel Association, Average operating expenses to sales revenue ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1050936/japan-operating-expense-ratio-ryokan-inn/ (last visited November 10, 2024)
Average operating expenses to sales revenue ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 [Graph], Japan Ryokan & Hotel Association, January 30, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1050936/japan-operating-expense-ratio-ryokan-inn/
