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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 | May 2015

Accommodating circumstances: Increasing Asian tourism promotes steady growth

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
$6bn
Annual Growth 10-15
3.6%
Annual Growth 15-20
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Profit
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Employment
67,788
Businesses
331
Industry Analysis & Industry Trends

The Hotels and Resorts industry has rebounded from the global financial crisis, during which revenue was stagnant due to weakened demand from both the corporate and tourist segments. Hotels and resorts faced heavy competition from other forms of accommodation, particularly serviced apartments, which have been refined to cater to the lucrative corporate segment. During the start of the period, traditional inbound tourist markets from the US and the UK weakened significantly. However, the industry was supported by strong growth from the Asia-Pacific region, most notably China. For this reason, industry revenue is expected to grow at an annualised 3.6% over the five years through 2014-15, to total $6.3 billion... purchase to read more

Industry Report - Industry Investment Chapter

The Hotels and Resorts industry exhibits a medium level of capital intensity. Like other industries in the accommodation and hospitality sector, the operation of hotels is labour-intensive. It requires significant levels of labour in almost all areas of operation, from management and front-of-the-house personnel such as porters and concierge service, to back-end activities, including cleaning and maintenance. Labour functions may be significantly more intensive for five-star luxury hotels, which offer a substantially higher level of service to differentiate from lower star-rating hotels. High-end hotels also invest heavily into capital to boost service levels... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hotels and Resorts Industry?

This 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 and other facilities in most guest rooms. Cooking facilities, such as hot plates and a microwave, are not available in most guest rooms, although tea and coffee-making facilities are usually included.

Industry Products
Three-star and fewer roomsHigh-end hotel roomsDining
 
Industry Activities
Hotel operationHotel managementResort operationResort management


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