In fiscal year 2018, the labor share of hotels in Japan increased to almost 46 percent, implying a decreasing labor efficiency of businesses. Hotels in Japan refer to modern accommodation facilities following western structures, standing in contrast to traditional Japanese style inns (ryokan).
Average personnel expenses to gross profit at hotels in Japan from fiscal year 2012 to 2018
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Japan Ryokan & Hotel Association. (January 30, 2020). Average personnel expenses to gross profit at hotels in Japan from fiscal year 2012 to 2018 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1053027/japan-average-labor-share-hotels/
Japan Ryokan & Hotel Association. "Average personnel expenses to gross profit at hotels in Japan from fiscal year 2012 to 2018." Chart. January 30, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1053027/japan-average-labor-share-hotels/
Japan Ryokan & Hotel Association. (2020). Average personnel expenses to gross profit at hotels in Japan from fiscal year 2012 to 2018. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1053027/japan-average-labor-share-hotels/
Japan Ryokan & Hotel Association. "Average Personnel Expenses to Gross Profit at Hotels in Japan from Fiscal Year 2012 to 2018." Statista, Statista Inc., 30 Jan 2020, https://www.statista.com/statistics/1053027/japan-average-labor-share-hotels/
Japan Ryokan & Hotel Association, Average personnel expenses to gross profit at hotels in Japan from fiscal year 2012 to 2018 Statista, https://www.statista.com/statistics/1053027/japan-average-labor-share-hotels/ (last visited November 21, 2024)
Average personnel expenses to gross profit at hotels in Japan from fiscal year 2012 to 2018 [Graph], Japan Ryokan & Hotel Association, January 30, 2020. [Online]. Available: https://www.statista.com/statistics/1053027/japan-average-labor-share-hotels/