Revenue of hotel industry decreases by 18.1 percent

Economy
ayanzaya@montsame.gov.mn
2021-09-06 13:16:48

Ulaanbaatar/MONTSAME/. In the first half of this year, the hotel industry revenue reached MNT 62.7 billion, showing a decline of MNT 13.9 billion or 18.1 percent, compared to the same period of the previous year. 


The revenue of three-star and more star hotels decreased by MNT 7.5 billion (14.8 percent), unrated hotels by MNT 5.1 billion (21.4 percent) and two-star hotels by MNT 1.3 billion (59.8 percent), reports the National Statistics Office.


Of the total revenue in the hotel industry, three or more stars hotels accounted for 68.5 percent, unrated hotels --30.1 percent and two-star hotel -- 1.4 percent.

 

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