Holiday accommodation operators provide domestic and international holidaymakers with cottages, lodges and self-catered apartments and operate hostels, guesthouses and holiday centres and villages. The industry's performance has been subject to generally favourable conditions over the past five years, following trends in inbound and outbound tourism and fluctuations in weather conditions.
Demand grew strongly at the beginning of the five-year period through 2015-16, as the ‘staycation' trend encouraged households still feeling the pinch of the economic downturn to holiday domestically.
Businesses in this industry provide accommodation for short-stay visitors in lodging houses, hostels, rental cottages and holiday centres or villages. Very minimal complementary services are provided. The industry does not include serviced apartments or the provision of accommodation for more permanent use.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.