Packaging

Hotels & Motels in Australia

  • MAR2160516
  • 37 Pages
  • September 2017
  • Packaging
Hotels & Motels in Australia

Summary

Hotels & Motels in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Australia hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The hotels & motels industry value consists of all room revenues generated by hotels, motels and other accommodation providers through the provision of accommodation. The value does not include non-room revenues, such as casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2016 annual average exchange rates.
- The Australian hotels & motels industrys total revenue valued $10.1bn in 2016, representing a compound annual rate of change (CARC) of -3.6% between 2012 and 2016.
- Industry consumption volume increased with a CAGR of 3.1% between 2012 and 2016, to reach a total of 4,764.0 establishments in 2016.
- The contraction of the Australian industry in terms of value was induced by the declining average price of accommodation due to the strong growth of supply. The demand of foreign visitors has significantly grown in recent years, provoking a hotel development boom that led to the fall of prices in the industry. This in turn had a cyclical stimulating effect on demand. In 2016, the number of international visitors peaked by 11.0%, while domestic demand also posted significant growth, particularly in the business segment. Moreover, the depreciation of the Australian dollar in 2015 served as a driver of demand, as it reduced costs for foreign visitors.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Australia
- Leading company profiles reveal details of key hotels & motels market players global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia hotels & motels market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the Australia hotels & motels market by value in 2016?
- What will be the size of the Australia hotels & motels market in 2021?
- What factors are affecting the strength of competition in the Australia hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's hotels & motels market?
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