Households drive market demand, with household spending representing 70.4% of total demand in 2021. Federal Hotels Pty Ltd is the largest company in Australia, generating 14.3% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 49.7% of total production value in 2021. The total number of companies increases in 2021, to 14,011 units. The costs of the industry increase by 22.3% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 13.5% of turnover in 2021, the 17th highest across the top 20 developed countries. With turnover of USD13.4 billion, Australia accounts for 83.6% of the Australasia total in 2021.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in Australia: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in Australia: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.See All of Our Definitions
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