Flat future: Online competition projected to slow industry revenue growth over next five years

IBISWorld’s Holiday Houses, Flats and Hostels market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022

Industry Threats & Opportunities

  • Competition has intensified, both in the industry and from alternative accommodation providers
  • Online price aggregator websites have made prices more transparent in the accommodation sector
  • Competitive pressure from serviced apartments is expected to reduce enterprise numbers

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    Industry Analysis & Industry Trends

    The Holiday Houses, Flats and Hostels industry is highly fragmented, with most players small in scale. Demand for industry accommodation has been mixed over the past five years. Demand for short-term rented holiday houses, apartments and units has grown over the period due to an increasing number of inbound tourists looking for cheaper accommodation options with more in-room facilities. However, stagnant growth in backpacker visitor nights, as indicated by Tourism Research Australia, has limited demand for backpacker hostels...

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    Industry Report - Industry Analysis Chapter

    Players in the Holiday Houses, Flats and Hostels industry have faced mixed operating conditions over the past five years. The industry relies on domestic and inbound tourism, and overall tourism activity significantly influences industry performance. The Australian dollar's depreciation since 2013-14 has supported increased industry activity by making it relatively cheaper for international tourists to visit Australia and more expensive for Australians to travel abroad. Rising domestic tourist visitor nights and increased international travel to Australia have broadened the pool of customers looking for accommodation over the past five years, supporting industry revenue growth.


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    Additional Insights for the Holiday Houses, Flats and Hostels Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Holiday Houses, Flats and Hostels Industry are

  • Being part of a group buying, promotion and marketing scheme
  • Proximity to tourism sites
  • Having a loyal customer base
  • IBISWorld analysts also discuss how external factors such as Domestic tourist visitor nights and International travel to Australia in the Holiday Houses, Flats and Hostels industry impact industry performance..

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    Industry Products

    What is the Holiday Houses, Flats and Hostels Industry?

    Industry players primarily operate rented houses and apartments, bed and breakfast accommodation and backpacker hostels for short-term rental. The industry excludes hotels, resorts, serviced apartments, motels, caravan parks and camping grounds. In addition, private renters of single properties on home-sharing platforms like Airbnb are not included in the industry.

    Industry Products
    Bed and breakfast accommodation
    Short-term rented holiday houses, apartments and units
    Backpacker hostels
    Industry Activities
    Operating holiday houses, flats, apartments and units
    Operating backpacker and youth hostels
    Operating bed and breakfast accommodation

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Domestic tourist visitor nights
  • International travel to Australia
  • International travel by Australians
  • Demand from hotels and resorts
  • Real household discretionary income

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Competition
  • Taxing times
  • Tourism trends
  • Table: Holiday Houses, Flats and Hostels Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Holiday Houses, Flats and Hostels Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Travel Agency and Tour Arrangement Services
  • Consumers

  • Key Selling Industries
  • Commercial Cleaning Services
  • Gardening Services
  • Laundry and Dry-Cleaning Services

  • Products & Services
  • Short-term rented holiday houses, apartments and units
  • Backpacker hostels
  • Bed and breakfast accommodation
  • Chart: Holiday Houses, Flats and Hostels Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Travellers aged between 35 and 55
  • Travellers aged over 55
  • Travellers aged under 35
  • Chart: Major Market Segmentation for the Holiday Houses, Flats and Hostels Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Holiday Houses, Flats and Hostels

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Holiday Houses, Flats and Hostels Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Holiday Houses, Flats and Hostels Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Holiday Houses, Flats and Hostels Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • A person who spends at least one night in a backpacker establishment or hostel while travelling.
  • Hostel
  • Low-end accommodation that offers shared and individual accommodation, and specialises in servicing the backpacker market. People who stay in hostels are called hostellers.
  • Inbound Tourism
  • The act of a non-resident visiting a country, such as Australia.
  • Outbound Tourism
  • In this case, the act of an Australian resident visiting another country.
  • Tariffs
  • Prices charged for accommodation.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Holiday Houses, Flats and Hostels:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Holiday Houses, Flats and Hostels market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Holiday Houses, Flats and Hostels, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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