In fiscal year 2018, the average operating profit margin of ryokans in Japan amounted to around two percent, showing a decreasing profitability of businesses. 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 profit to sales 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 profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1052832/japan-average-operating-profit-margin-ryokan/
Japan Ryokan & Hotel Association. "Average operating profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018." Chart. January 30, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1052832/japan-average-operating-profit-margin-ryokan/
Japan Ryokan & Hotel Association. (2020). Average operating profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1052832/japan-average-operating-profit-margin-ryokan/
Japan Ryokan & Hotel Association. "Average Operating Profit to Sales Ratio of Japanese Style Inns (Ryokan) in Japan from Fiscal Year 2012 to 2018." Statista, Statista Inc., 30 Jan 2020, https://www.statista.com/statistics/1052832/japan-average-operating-profit-margin-ryokan/
Japan Ryokan & Hotel Association, Average operating profit to sales ratio of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 Statista, https://www.statista.com/statistics/1052832/japan-average-operating-profit-margin-ryokan/ (last visited November 21, 2024)
Average operating profit to sales 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/statistics/1052832/japan-average-operating-profit-margin-ryokan/