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The value added of the hotel industry was $10.4 billion in 1993, an increase of 18% over 1992. It accounted for 59.0% of the total receipts, 2.1 percentage points higher than the figure for 1992.
In the retail trade, there were some 57,500 establishments in operation in 1993, a decrease of 5% over 1992. The total receipts generated by these establishments amounted to $236.9 billion, 9% higher than that for 1992. The gross surplus and total operating expenditure of the retail trade accounted for 6.1% and 93.9% of the total receipts respectively, which were similar to the corresponding figures of 6.2% and 93.8% for 1992.
The value added of retail establishments was $30.9 billion in 1993, an increase of 9% over 1992. It accounted for 13.1% of the total receipts, same as that for 1992.
In the wholesale trade, there were some 23,300 establishments in operation in 1993, a slight increase of 1% over 1992. These establishments generated $170.0 billion of total receipts in 1993, an increase of 7% over 1992. The gross surplus and total operating expenditure of the wholesale establishments accounted for 3.8% and 96.2% of the total receipts respectively. These percentage shares were not much different from the figures for 1992.
On the other hand, the value added of these establishments increased significantly by 23% to 14.1 billion in 1993. It accounted for 8.3% of the total receipts, an increase of 1.1 percentage points from the figure for 1992.
In the restaurants business, there were some 10 800 restaurants in operation in 1993, an increase of 6% over 1992. These establishments generated $60.3 billion of total receipts, an increase of 7% over 1992.
The gross surplus and total operating expenditure of restaurants accounted for 6.7% and 93.3% of the total receipts respectively, showing only slight changes when compared with the corresponding figures of 6.5% and 93.5% for 1992. The value added of restaurants increased by 8% to $22.8 billion in 1993. It accounted for 37.9% of the total receipts, which was also not much different from the corresponding percentage share of 37.6% for 1992.
The attached table compares some selected principal statistics by major industry group between 1992 and 1993.
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Private notes are available after approval.