Australia Travel Accommodation Market Report and Forecast 2025-2034

Australia Travel Accommodation Market Outlook

The Australia travel accommodation market size is projected to grow at a CAGR of 5.8% between 2025 and 2034.

Key Takeaways

• The Australian Bureau of Statistics indicated a January 2024 increase of 191,360 short-term visitor arrivals, reaching a total of 603,770 trips for the year.

• According to the Australian Bureau of Statistics, the total arrivals in January 2023 reached 2,122,070, showing an annual increase of 514,060, which contributed to the growth of the Australia travel accommodation market.

• According to data from the Australian Bureau of Statistics, the value of new residential constructions surged by 19.4% to $7.14 billion, while non-residential building values climbed by 12.4% to $4.92 billion in January 2024.

Online travel agencies contribute to the Australia travel accommodation market growth by enabling users to conveniently browse and reserve accommodations, flights, and activities from any location with internet access

Online travel agencies (OTAs) facilitate simple browsing and reservation of accommodations, flights, and activities, available round-the-clock. They present comparative pricing, an extensive array of choices, user feedback, and customer assistance, enriching the booking process.

In September 2023, the B2B online travel reservations platform, RezLive, was launched in Australia in collaboration with AVIAREPS. Offering a vast inventory of hotel rooms, tours, and transfers worldwide, the company exclusively catered to travel advisors, marking its entry into the Australian market.

Direct bookings ensure the best price assurance through unique rates and price-matching strategies. Guests benefit from direct interaction with accommodations, adaptable terms, loyalty schemes, guaranteed room availability, and contributions to local economies.

Market Segmentation

Australia Travel Accommodation Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Hotels

• Resorts

• Hostel

• Vacation rental

• Others

Market Breakup by Mode of Booking

• Travel Agency

• Direct Booking

Market Breakup by Price Point

• Economy

• Mid-Range

• Luxury

Market Breakup by Application

• Leisure

• Professional

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia travel accommodation market key players are Accor SA, Choice Hotels International, Inc., Airbnb, Inc., Expedia, Inc., Rydges Hotels Limited, Quest Serviced Apartments Pty Ltd., Luxury Lodges of Australia Ltd., and Mayfair Hotel among others.

Key Highlights of the Report