Cost-Effective Comfort: Rising Budget Travel Trends Fuel Industry Revenue Growth
Hostels in Australia
Hostel providers offer individual travellers or groups short-term stays with common areas and communal facilities. Hostels are often cheaper than other accommodation options and specifically cater to backpackers, budget-conscious travellers and those looking for a more casual accommodation environment. Hostel industry does not include hotels, motels, casino hotels and bed-and-breakfast inns.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.
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