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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 | Apr 2014

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

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 09-14
3.1%
Annual Growth 14-19
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Profit
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Employment
67,255
Businesses
328
Industry Analysis & Industry Trends

The Hotels and Resorts industry has emerged from the troubled years of the global financial crisis in which revenue stagnated due to weakened demand from both the corporate and tourist segments. Hotels and resorts have also been met with heavy competition from other forms of accommodation, particularly serviced apartments, which have been refined to cater for the lucrative corporate segment. Industry revenue declined 8.4% and 3.1% in 2008-09 and 2009-10, respectively, as the global financial crisis wrought havoc on consumer sentiment and business confidence. However, the industry has rebounded following a resurgence of inbound tourist numbers, and recovering consumer and business confidence. For this reason, industry revenue is expected to grow by an annualised 3.1%... purchase to read more

Industry Report - Industry Locations Chapter

Hotels are distributed geographically according to popular tourist destinations and important business locations, of both domestic and international travellers.

In general, domestic tourists are more important than international tourists for the industry's bottom line as domestic tourism accounts for 43.1% of industry revenue. Some states, such as New South Wales and Queensland, have much larger shares of industry establishments than their population distribution would suggest, mainly due to the large number of holiday destinations in these states. Of the 20 most popular tourism regions in Australia for domestic overnight visitors, 11 are in either New South Wales or Queensland... 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


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