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Hotels and Resorts in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hotels and Resorts Market Research Report | ANZSIC H4401 | Sep 2016

Making room: Rising international travel to Australia is expected to boost industry revenue

The Hotels and Resorts market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 12-17
2.3%
Annual Growth 17-22
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Profit
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Employment
68,053
Businesses
371
Industry Analysis & Industry Trends

Strong growth in international arrivals, particularly from countries in the Asia-Pacific region such as China, has boosted revenue for the Hotels and Resorts industry over the past five years. Rising domestic business travel, which is a major revenue stream for larger hotels, has further supported the industry over this period. Consequently, the industry has recovered from the period of weak growth in the five years through 2011-12, caused by reduced demand from the corporate and tourist segments. Despite strong demand from domestic, overseas and business tourists, hotels and resorts have faced heavy competition from other forms of accommodation over the past five years. In particular, competition from serviced apartments has limited industry growth... purchase to read more

Industry Report - Industry Locations Chapter

Hotels and resorts in Australia are largely distributed according to popular tourist destinations and key business locations. Consequently, Australia’s eastern states account for the majority of industry establishments. New South Wales has the largest share of establishments, due Sydney’s importance as a business centre and international travel hub and its popular tourist sites such as the Sydney Opera House. Despite having the largest share of establishments, New South Wales is under-represented relative to its population.

Other states located on Australia’s eastern coast, such as Queensland and Victoria, are also major entry and exit points for international travel, which has caused these states to have a substantial portion of industry establishments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hotels and Resorts Industry?

The industry includes hotels and resorts that have more than 15 rooms. Hotels and resorts are establishments that are licensed to operate a public bar and provide accommodation on a room or suite basis, with a bath or shower (but only limited cooking facilities) in most guest rooms. The industry also includes revenue earned from providing food and beverages. Hotel and resort accommodation provided by casinos is not included in the industry.

Industry Products
Low-end hotel roomsHigh-end hotel roomsFood and beveragesOther services
 
Industry Activities
Hotel operationHotel managementResort operationResort management


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