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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 | Aug 2015

Accommodating circumstances: Increasing Asian tourism promotes steady growth

IBISWorld’s Hotels and Resorts market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 11-16
2.4%
Annual Growth 16-21
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Profit
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Employment
67,855
Businesses
334
Industry Analysis & Industry Trends

The Hotels and Resorts industry has rebounded from weaker conditions prior to 2010-11, during which revenue fell due to weakened demand from both the corporate and tourist segments. Over the past five years, 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, there were significantly fewer visits from traditional inbound tourist markets (the US and the UK). However, strong growth from the Asia-Pacific region (particularly China) supported industry growth. For this reason, industry revenue is expected to grow at an annualised 2.4% over the five years through 2015-16 to total $6.0 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 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 in capital to boost service. As a result, IBISWorld estimates that industry operators require $0.15 worth of capital investment for every dollar paid as wages... 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. The industry also includes revenue earned from the provision of food and beverages.

Industry Products
Low-end hotel roomsHigh-end hotel roomsDining
 
Industry Activities
Hotel operationHotel managementResort operationResort management


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