Global hotel and tourism industry gross margin Q1 2022-Q2 2024

Published by Statista Research Department, Oct 24, 2024

The gross margin measures the profitability of an industry. This indicator is calculated as the proportion of gross profit to total sales. In the second quarter of 2024, the gross margin of the global hotel and tourism industry was 61.07 percent. This shows a slight decrease over the previous quarter's figure of 61.19 percent.

Gross margin of the hotel and tourism industry worldwide from 1st quarter 2022 to 2nd quarter 2024

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Source

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Release date

October 2024

Region

Worldwide

Survey time period

Q1 2022 to Q2 2024

Supplementary notes

The gross margin calculation provided by the source is as follows:
(Gross profit / revenues) * 100

The source calculated the figures by compiling data from companies in the hotel and tourism industries.

Reelase date is the date accessed.

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