In fiscal year 2018, the average asset turnover ratio of ryokans in Japan was 0.6, boosted by the higher asset turnover of small and mid-sized 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 asset turnover 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 asset turnover of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1053640/japan-average-asset-turnover-ryokan/
Japan Ryokan & Hotel Association. "Average asset turnover of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018." Chart. January 30, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1053640/japan-average-asset-turnover-ryokan/
Japan Ryokan & Hotel Association. (2020). Average asset turnover of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1053640/japan-average-asset-turnover-ryokan/
Japan Ryokan & Hotel Association. "Average Asset Turnover of Japanese Style Inns (Ryokan) in Japan from Fiscal Year 2012 to 2018." Statista, Statista Inc., 30 Jan 2020, https://www.statista.com/statistics/1053640/japan-average-asset-turnover-ryokan/
Japan Ryokan & Hotel Association, Average asset turnover of Japanese style inns (ryokan) in Japan from fiscal year 2012 to 2018 Statista, https://www.statista.com/statistics/1053640/japan-average-asset-turnover-ryokan/ (last visited December 21, 2024)
Average asset turnover 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/1053640/japan-average-asset-turnover-ryokan/