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Hotels & Tourism Industry Revenue Growth Rates

Revenue Growth Information & Trends 
 


Category:   Period:  

Hotels & Tourism Industry 4 Q 3 Q 2 Q 1 Q 4 Q
  FY 2023 2023 2023 2023 FY 2022
Y / Y Revenue Quarterly Growth 6.39 % 11.9 % 12.14 % 22.49 % 13.58 %
Seq. Revenue Quarterly Growth 5.85 % -0.93 % 4.46 % -2.94 % 12.11 %
Overall Ranking Y/Y # 30 # 9 # 13 # 12 # 26
Y / Y Revenue Annual Growth (at the end of Fiscal Year) 13.22 % 27.08 %
Y / Y Revenue Growth (Annual by Quarter Ending) 13.22 % 14.96 % 18.95 % 25.74 % 27.08 %
Seq. Revenue Growth (Annual by Quarter Ending) 1.6 % 2.75 % 2.9 % 4.95 % 3.32 %
Overall Ranking Y/Y (Annual) # 14 # 17 # 12 # 14 # 16



Revenue growth Comment

Hotels & Tourism Industry's pace of Revenue growth in 4 Q 2023 decelerated to 6.39 % year on year, below Industry average.

Sequentially Revenue grew by 5.85 %.

Within Services sector 9 other industries have accomplished higher Revenue growth. Revenue increase overall ranking has deteriorated compared to the previous quarter from 9 to 30.

 

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.



Revenue Y/Y Growth Statistics
High
Average
Low
189.6 % 8.99 % -70.08 %
2. quarter 2021
 
2. quarter 2020

Industry Revenue Y/Y Growth Ranking
Within: No.
Services Sector # 10
Overall Market # 30



Annual Basis Hotels & Tourism Revenue Y/Y Growth

 


Revenue Y/Y Annual Growth Statistics
High
Average
Low
71.01 % 8.24 % -49.65 %
1. quarter 2022
 
1. quarter 2021

Revenue growth Y/Y Annual Comment
On the trailing twelve months basis
Hotels & Tourism Industry's pace of Revenue growth in 4 Q 2023 decelerated to 13.22 % year on year, but remained above Industry average.

Sequentially TTM Revenue grew by 1.6 %.

Within Services sector 2 other industries have achieved higher Revenue growth. Revenue growth total ranking has improved so far to 14, from total ranking in the previous quarter at 17.

Industry Revenue Y/Y Growth Ranking Annual
Within: No.
Sector # 3
Overall Market # 14





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