How to calculate the number of hotel growth?

Year-on-year growth rate = (number of periods-number of periods) ÷ number of periods ×100%; Chain growth rate = (current period-previous period)/previous period × 100%.

Year-on-year growth refers to the growth (magnitude) compared with the previous period, last year or history. Year-on-year growth rate of an indicator = (current value of an indicator-value of the indicator in the same period last year)/value of the indicator in the same period last year.

The chain growth rate is an object to be measured, reflecting how much this period has increased compared with the previous period, while the chain growth rate shows the development speed of the phenomenon in different periods, showing the development ability and current situation to a certain extent.