The operating profit margin measures the profitability of an industry. This indicator is calculated as the proportion of the operating income (given by total sales less operating costs) to total sales. In the third quarter of 2022, the operating profit margin of the global hotel and tourism industry reached just over 14 percent. This shows a decline over the previous quarter's figure of 24.6 percent.
Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 3rd quarter 2022
Characteristic
Operating margin
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CSIMarket. (November 22, 2022). Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 3rd quarter 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/
CSIMarket. "Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 3rd quarter 2022." Chart. November 22, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/
CSIMarket. (2022). Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 3rd quarter 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/
CSIMarket. "Operating Profit Margin of The Hotel and Tourism Industry Worldwide from 1st Quarter 2021 to 3rd Quarter 2022." Statista, Statista Inc., 22 Nov 2022, https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/
CSIMarket, Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 3rd quarter 2022 Statista, https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/ (last visited July 22, 2024)
Operating profit margin of the hotel and tourism industry worldwide from 1st quarter 2021 to 3rd quarter 2022 [Graph], CSIMarket, November 22, 2022. [Online]. Available: https://www.statista.com/statistics/1346659/hotel-tourism-industry-operating-profit-margin-worldwide/