In the fiscal year 2022, the average operating profit margin of Japanese hotels amounted to approximately -1.4 percent, which represented an increase of 18.3 percentage points from the preceding year. The sharp decline in FY 2020 and 2021 underscored the devastating impact of the COVID-19 pandemic on Japan's lodging sector.
Average operating profit to sales ratio of lodging facilities in Japan from fiscal year 2015 to 2022
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Japan Ryokan & Hotel Association. (January 30, 2024). Average operating profit to sales ratio of lodging facilities in Japan from fiscal year 2015 to 2022 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1052856/japan-average-operating-profit-margin-hotel/
Japan Ryokan & Hotel Association. "Average operating profit to sales ratio of lodging facilities in Japan from fiscal year 2015 to 2022." Chart. January 30, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1052856/japan-average-operating-profit-margin-hotel/
Japan Ryokan & Hotel Association. (2024). Average operating profit to sales ratio of lodging facilities in Japan from fiscal year 2015 to 2022. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1052856/japan-average-operating-profit-margin-hotel/
Japan Ryokan & Hotel Association. "Average Operating Profit to Sales Ratio of Lodging Facilities in Japan from Fiscal Year 2015 to 2022." Statista, Statista Inc., 30 Jan 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1052856/japan-average-operating-profit-margin-hotel/
Japan Ryokan & Hotel Association, Average operating profit to sales ratio of lodging facilities in Japan from fiscal year 2015 to 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1052856/japan-average-operating-profit-margin-hotel/ (last visited November 10, 2024)
Average operating profit to sales ratio of lodging facilities in Japan from fiscal year 2015 to 2022 [Graph], Japan Ryokan & Hotel Association, January 30, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1052856/japan-average-operating-profit-margin-hotel/
