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Australia Hotel Supply Analysis and Outlook '23 (2)

On data (raw source courtesy of STA). As of FY22, there are 5,899 properties providing 312,500 short term accommodations in inventory, equating to 112,558,583 room nights supply in FY22 (chart 1).

Hotel/Resorts also takes the largest share of accommodation revenues (chart 5) contribution. Regarding accommodation class, there are 68,945 (22.06%) of rooms in the luxury / upper upscale category supplied over 643 properties (107.2 rooms per property). Upscale / Upper Mid-tier supplies 39.41% of accommodation rooms with 123,166 rooms supplied across 1,714 properties (72 rooms per property).


In terms of revenue contribution, upscale / upper mid-tier also has the highest contribution (chart 4). Both by all classes and types throughout FY22, the sector experienced considerable growth / recovery.


Charts 5-7 refers to accommodation inventory and revenue by state. NSW has the largest share of inventory with 93,926 (30.06%) of the rooms across 1,893 properties (32.09% of properties) and QLD at a close second with 88,416 rooms (28.29%) across 1,807 properties (30.63% of properties). VIC follows with 59,256 rooms (18.98%) across 1,066 properties (18.07% of properties). Interestingly, QLD exceeds significantly in room revenue, taking the largest share at approximately 4B (33.5%) of the total of AUS room revenues with NSW at 3.3B (28%) and following with VIC at 1.8B (15%).




All Research and Charts by Charles Man. Please ask for permission if re-use. All raw data sourced from STA, STR, corelogic and inidividual states' official tourism statistics website.

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