Travel & Tourism in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
- The Australian travel and tourism industry had total revenues of $142.0 billion in 2022, representing a compound annual growth rate (CAGR) of 0.8% between 2017 and 2022.
- Food service was the industry's largest segment in 2022, with total revenues of $56.5 billion, equivalent to 39.7% of the industry's overall value.
- The government of Australia is playing a significant role in promoting the country’s travel and tourism industry. For instance, in Budget 2022-23, the government allocated a fund of $146.5 million to back the tourism industry.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Australia
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia travel & tourism market with five year forecasts
Reasons to Buy
- What was the size of the Australia travel & tourism market by value in 2022?
- What will be the size of the Australia travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Australia travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's travel & tourism market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- McDonald's Corp
- Yum! Brands, Inc.
- Accor SA
- Doctor's Associates Inc
- Australian Leisure and Hospitality Group
- Domino's Pizza, Inc.
- Choice Hotels International Inc
- Virgin Australia Holdings Ltd
- Singapore Airlines Ltd
- Air New Zealand Ltd
- TFE Hotels
- Qantas Airways Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | March 2023 |
Forecast Period | 2022 - 2027 |
Estimated Market Value ( USD | $ 142.03 Billion |
Forecasted Market Value ( USD | $ 187.83 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Australia |