$4.2bn
$XXX.Xm
20,013
9,566
$XXX.Xm
The Caravan Parks, Holiday Houses and Other Accommodation industry is highly fragmented, predominately occupied by small scale operations. Since March 2020, international border closures, intermittent state border closures and prolonged city-wide lockdowns heavily disrupted tourist and student accommodation demand. Overall, revenue is expected to decline an annualised 4.2% to $4.2 billion over the five years through 2023-24. High levels of government stimulus, increased household discretionary incomes and outbound travel restrictions let to higher-than-usual domestic tourist demand. Inflated interest rates after the COVID-19 pandemic has significantly restricted industry revenue and offset previous government income support. Cost of living pressures surged by elevated interest rates drove revenue to decline 6.0% in 2023-24.
Industry revenue has declined at a CAGR of 4.2 % over the past five years, to reach an estimated $4.2bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Discovery Parks | 381.6 | |
Ingenia Communities | 116.3 | |
UniLodge | 62.4 |
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Industry revenue is measured across several distinct product and services lines, including Caravan parks, camping grounds and holiday parks, Holiday flats, units and houses and Hostels . Caravan parks, camping grounds and holiday parks is the largest segment of the Caravan Parks, Holiday Houses and Other Accommodation in Australia.
Caravan parks, camping grounds and holiday parks capitalise on heightened domestic demand during the COVID-19 pandemic
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.
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ANZSIC 4400 - Caravan Parks, Holiday Houses and Other Accommodation in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The growing popularity of accommodation-sharing providers like Airbnb has increased the accommodation supply. This has forced accommodation providers to lower their prices to...
Learn about an industry's products and services, markets and trends in international trade.
Caravan parks outperformed the rest of the industry. When outbound travel was restricted, Australian households increasingly opted to take road trip holidays.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Caravan and holiday parks are mostly located in regional areas. This is primarily because these locations are aimed at tourists with access to a car or motorhome.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Caravan and holiday parks are protected from competition in regional areas. This accommodation is often the only form of lodging available in isolated tourist destinations or...
Learn about the performance of the top companies in the industry.
Most caravan and holiday parks are solely operated. Despite this, they are associated with larger membership networks that give them access to a customer base that is loyal t...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
International tourist visitor nights are soaring as COVID-19 restrictions eased globally and Australia’s border reopened. Higher international tourist visitor nights boost in...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The COVID-19 pandemic tanked profit margins. Occupancy rates fell sharply when Australia’s international border closed, which reduced industry accommodation providers’ abilit...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Caravan Parks, Holiday Houses and Other Accommodation industry in Australia is $4.2bn in 2024.
There are 9,566 businesses in the Caravan Parks, Holiday Houses and Other Accommodation industry in Australia, which has declined at a CAGR of 0.3 % between 2018 and 2023.
The market size of the Caravan Parks, Holiday Houses and Other Accommodation industry in Australia has been declining at a CAGR of 4.2 % between 2018 and 2023.
Over the next five years, the Caravan Parks, Holiday Houses and Other Accommodation industry in Australia is expected to grow.
The biggest companies operating in the Caravan Parks, Holiday Houses and Other Accommodation market in Australia are Discovery Parks, Ingenia Communities and UniLodge
Caravan park operation and Holiday houses, flats or apartments operation are part of the Caravan Parks, Holiday Houses and Other Accommodation industry.
The company holding the most market share in Australia is Discovery Parks.
The level of competition is high and increasing in the Caravan Parks, Holiday Houses and Other Accommodation industry in Australia.