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The value added of the hotels industry was $11.7 billion in 1994, an increase of 12% over 1993. It accounted for 58.8% of the total receipts, which was close to the figure of 59% for 1993.
In the retail industry, there were some 58,400 establishments in operation in 1994, an increase of 1% over 1993. The total receipts generated by these establishments amounted to $256 billion, 8% higher than that for 1993.
The total operating expenditure of the retail industry accounted for 93.2% of the total receipts, which was 0.6 percentage point lower than the corresponding figure for 1993. Net of the expenditure, the gross surplus amounted to the remaining 6.8%.
The value added of retail establishments was $35.9 billion in 1994, an increase of 16% over 1993. It accounted for 14% of the total receipts, which was one percentage point higher than that for 1993.
In the wholesale industry, there were some 21 700 establishments in operation in 1994, 7% lower than in 1993. However, these establishments generated $179 billion of total receipts in 1994, an increase of 5% over 1993.
The gross surplus and total operating expenditure of the wholesale establishments accounted for 3.9% and 96.1% of the total receipts respectively. These percentage shares were broadly similar to those for 1993.
On the other hand, the value added of these establishments increased by 4% to $14.6 billion in 1994. It accounted for 8.2% of the total receipts, which was also similar to that for 1993.
In the restaurants industry, there were some 10 300 restaurants in operation in 1994, a decrease of 5% over 1993. These establishments generated $63 billion of total receipts, an increase of 5% over 1993.
The gross surplus and total operating expenditure of the restaurants industry accounted for 7.6% and 92.4% of the total receipts respectively. The percentage share of the former was 0.9 percentage point higher than the corresponding figure of 6.7% for 1993.
The value added of the restaurants industry increased by 7% to $24.5 billion in 1994. It accounted for 38.8% of the total receipts, which was also 0.9 percentage point higher than the percentage share of 37.9% for 1993.