Industry Analysis & Industry Trends
Demand for services offered by the diverse and highly fragmented Holiday Houses, Flats and Hostels industry has been mixed over the past five years. The industry consists of three main service segments: backpacker accommodation, bed and breakfast accommodation and short-term house and apartment rentals. While backpacker and bed and breakfast accommodation have both suffered from historically weak domestic and international tourism markets, demand for rented houses and apartments has been strong. The house and apartment rental segment, which includes privately owned houses and apartments that are rented out on short-term bases, has benefited from the increased use of the internet throughout society and the segment's positioning towards the budget end of the tourism accommodation market... purchase to read more
Industry Report - Industry Products Chapter
The Holiday Houses, Flats and Hostels industry offers various types of accommodation for short-term guests. For the purposes of this industry, revenue attributable to foreigners in Australia for long-term stays (for example, those visiting for the purpose of education and/or employment) are excluded. The types of lodgings are categorised under three broad categories, guest houses; rented houses or apartments; and backpacker hostels.
Bed and breakfast accommodation
There are various accepted definitions for bed and breakfast accommodation (otherwise known as ‘guest houses'). For the purposes of this industry a bed and breakfast is defined as a private home or room that has been converted for the exclusive use as guest accommodation... purchase to read more