In fiscal year 2018, the cost of sales to revenue ratio decreased slightly to 17.5 percent, indicating a growing gap between business expenses and sales revenue. Hotels in Japan refer to modern accommodation facilities following western structures, standing in contrast to traditional Japanese style inns (ryokan).
Average cost of sales to revenue ratio of hotels in Japan from fiscal years 2012 to 2018
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Japan Ryokan & Hotel Association. (January 30, 2020). Average cost of sales to revenue ratio of hotels in Japan from fiscal years 2012 to 2018 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1040317/japan-sales-to-revenue-ratio-hotel/
Japan Ryokan & Hotel Association. "Average cost of sales to revenue ratio of hotels in Japan from fiscal years 2012 to 2018." Chart. January 30, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1040317/japan-sales-to-revenue-ratio-hotel/
Japan Ryokan & Hotel Association. (2020). Average cost of sales to revenue ratio of hotels in Japan from fiscal years 2012 to 2018. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1040317/japan-sales-to-revenue-ratio-hotel/
Japan Ryokan & Hotel Association. "Average Cost of Sales to Revenue Ratio of Hotels in Japan from Fiscal Years 2012 to 2018." Statista, Statista Inc., 30 Jan 2020, https://www.statista.com/statistics/1040317/japan-sales-to-revenue-ratio-hotel/
Japan Ryokan & Hotel Association, Average cost of sales to revenue ratio of hotels in Japan from fiscal years 2012 to 2018 Statista, https://www.statista.com/statistics/1040317/japan-sales-to-revenue-ratio-hotel/ (last visited December 22, 2024)
Average cost of sales to revenue ratio of hotels in Japan from fiscal years 2012 to 2018 [Graph], Japan Ryokan & Hotel Association, January 30, 2020. [Online]. Available: https://www.statista.com/statistics/1040317/japan-sales-to-revenue-ratio-hotel/
