Bed and Breakfast Accommodation in Australia - Industry Market Research Report

Bed and Breakfast Accommodation in Australia - Industry Market Research Report
Bed and Breakfast Accommodation in Australia

Similar to other industries in the accommodation sector, the Bed and Breakfast Accommodation industry has struggled during the COVID-19 pandemic. The Australian Government implemented strict international border controls from March 2020 to February 2022, heavily constraining demand from inbound travellers. In addition, periods of domestic lockdowns and state border controls have caused significant volatility in demand from domestic travellers. Industry revenue is expected to fall at an annualised 8.6% over the five years through 2022-23, to total $81.5 million. However, industry revenue is anticipated to increase by 14.5% in the current year, as movement restrictions easing fosters recovery in tourist activity from domestic and international travellers.

Industry establishments primarily provide short-term hosted accommodation, with breakfast included. These establishments are typically located in the host’s private residence. The industry does not include private individuals without an ABN that rent or sublet private residences to consumers for short-term lodging.

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.