Caravan Parks, Holiday Houses and Other Accommodation in Australia - Industry Market Research Report
Description
Caravan Parks, Holiday Houses and Other Accommodation in Australia
The Caravan Parks, Holiday Houses and Other Accommodation industry includes a range of accommodation options. The industry includes caravan parks, holiday flats, units and houses, holiday parks, hostels, camping grounds, student accommodation, and bed and breakfast accommodation. The industry is highly fragmented, with most players being small in scale. Industry accommodation generally provides a budget-friendly alternative to other forms of accommodation, like hotels and serviced apartments. Since March 2020, international border closures, intermittent state border closures and prolonged city-wide lockdowns heavily disrupted demand for tourist and student accommodation. Overall, revenue is expected to decline by an annualised 0.8% to $4.3 billion over the five years through 2022-23. However, high levels of government stimulus, increased household discretionary incomes and restrictions on outbound travel, caused higher than usual demand from domestic tourists. These trends protected the industry from the worst effects of the pandemic, and have helped engineer a strong recovery – including an expected 5.3% revenue increase in 2022-23 – as restrictions have eased.
Industry operators provide a range of accommodation options, such as caravan parks, holiday flats, units and houses, holiday parks, hostels, camping grounds, and bed and breakfast accommodation. Operators of hotels and resorts, motels and serviced apartments are excluded from the industry. In addition, individuals that rent out properties or rooms through accommodation-sharing platforms, such as Airbnb, are not included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
The Caravan Parks, Holiday Houses and Other Accommodation industry includes a range of accommodation options. The industry includes caravan parks, holiday flats, units and houses, holiday parks, hostels, camping grounds, student accommodation, and bed and breakfast accommodation. The industry is highly fragmented, with most players being small in scale. Industry accommodation generally provides a budget-friendly alternative to other forms of accommodation, like hotels and serviced apartments. Since March 2020, international border closures, intermittent state border closures and prolonged city-wide lockdowns heavily disrupted demand for tourist and student accommodation. Overall, revenue is expected to decline by an annualised 0.8% to $4.3 billion over the five years through 2022-23. However, high levels of government stimulus, increased household discretionary incomes and restrictions on outbound travel, caused higher than usual demand from domestic tourists. These trends protected the industry from the worst effects of the pandemic, and have helped engineer a strong recovery – including an expected 5.3% revenue increase in 2022-23 – as restrictions have eased.
Industry operators provide a range of accommodation options, such as caravan parks, holiday flats, units and houses, holiday parks, hostels, camping grounds, and bed and breakfast accommodation. Operators of hotels and resorts, motels and serviced apartments are excluded from the industry. In addition, individuals that rent out properties or rooms through accommodation-sharing platforms, such as Airbnb, are not included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Table of Contents
43 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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