SEARCH   
MEMBER LOGIN    

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 | Oct 2014

Staying power: Revenue grows as demand from international travellers and businesses rises

IBISWorld’s Hotels and Resorts market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
3.6%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
67,788
Businesses
331
Industry Analysis & Industry Trends

The Hotels and Resorts industry has emerged from the troubled years of the global financial crisis, during which revenue stagnated due to weakened demand from both the corporate and tourist segments. Hotels and resorts have faced heavy competition from other forms of accommodation, particularly serviced apartments, which have been refined to cater for the lucrative corporate segment. Industry revenue declined by 8.1% and 0.1% in 2008-09 and 2009-10, respectively, as the global financial crisis wreaked havoc on consumer sentiment and business confidence. However, the industry has rebounded following a resurgence of inbound tourism and a recovery in consumer and business confidence. For this reason, industry revenue is expected to grow at an annualised 3.6%... 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 quite labour-intensive, requiring significant levels of labour in almost all areas of operation, from management and front-of-the-house activities such as porters and customer service, to back-end services, including cleaning and maintenance. Labour functions may be significantly more intensive for five-star luxury hotels that offer a substantially higher level of service to differentiation for lower star-rating hotels. As a result, IBISWorld estimates that the labour-to-capital ratio in the Hotels and Resorts industry is approximately 1:0.17... 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 less roomsHigh-end hotel roomsDining
 
Industry Activities
Hotel operationHotel managementResort operationResort management


View Sample
Quote
Select Clients