$14.1bn
$X.Xbn
81,091
677
$X.Xbn
Hotels and resorts in Australia faced unprecedented challenges during the COVID-19 pandemic. Australia's border closures resulted in collapsing occupancy rates, a drastic reduction in employment numbers and a sharp drop in revenue. However, government stimulus and easing restrictions in 2022 led to a quick resurgence in revenue and employment. Major hotels and resorts focused on luxury tourism, capitalising on international travellers' preference for high-end accommodation. This expanded the luxury segment and contributed to the swift post-pandemic recovery.
Industry revenue has grown at a CAGR of 3.7 % over the past five years, to reach an estimated $14.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Accor Asia Pacific | 971.6 | |
Event Hospitality & Entertainment | 417.3 | |
Marriott International Management Company B.V. | 243.4 |
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Industry revenue is measured across several distinct product and services lines, including Luxury accommodation, Other accommodation and Food and beverages. Luxury accommodation is the largest segment of the Hotels and Resorts in Australia.
Non-luxury hotels have been fighting stingy downstream demand from domestic consumers
Industry businesses generate revenue from operating hotels and resorts of various sizes. In addition to revenue earned from room rates, most hotels and resorts also supplement their income streams by providing food and beverage options and other service-based amenities for guests.
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ANZSIC 4400 - Hotels and Resorts in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Luxury hotels and resorts are benefiting from increased demand from international tourists, despite higher competitive pressures from platforms like Airbnb. However, the dome...
Learn about an industry's products and services, markets and trends in international trade.
Luxury hotels and resorts have seen stronger growth than other hotels thanks to surging international tourism. Non-luxury hotels have been subject to greater competition from...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Hotels and resorts are highly concentrated across Australia's east coast because of the presence of popular tourist attractions. Economic and political centres in major citie...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Online price comparison websites have given consumers power over accommodation providers, as they reduce the ability for price gouging. Large hotel chains, unlike small-scale...
Learn about the performance of the top companies in the industry.
Mergers and acquisitions have allowed larger hotel operators to grow more quickly. Large hotel chains like Marriott International and Accor have been able to capitalise on re...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The rebound in international tourism has supported revenue growth. However, cost-of-living pressures on Australians have dampened discretionary spending on leisure travel.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Inflation and higher occupancy rates have driven up total spending on purchases. However, as revenue growth has outpaced the rise in spending, the share of revenue allocated ...
Including values and annual change:
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Hotels and Resorts industry in Australia is $14.1bn in 2024.
There are 677 businesses in the Hotels and Resorts industry in Australia, which has grown at a CAGR of 2.4 % between 2019 and 2024.
The market size of the Hotels and Resorts industry in Australia has been growing at a CAGR of 3.7 % between 2019 and 2024.
Over the next five years, the Hotels and Resorts industry in Australia is expected to grow.
The biggest companies operating in the Hotels and Resorts market in Australia are Accor Asia Pacific, Event Hospitality & Entertainment and Marriott International Management Company B.V.
Luxury accommodation and Non-luxury accommodation are part of the Hotels and Resorts industry.
The company holding the most market share in Australia is Accor Asia Pacific.
The level of competition is high and increasing in the Hotels and Resorts industry in Australia.