Caravan Parks, Holiday Houses and Other Accommodation in Australia - Industry Market Research Report

Room at the inn: Industry revenue growth has recovered as international borders have opened

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.