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Serviced Apartments in Australia - Industry Market Research Report

  • July 2016
  • -
  • Ibisworld
  • -
  • 30 pages

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Just like home: Demand has risen as business travellers have sought home-style amenities



Abstract

Serviced Apartments in Australia

The Serviced Apartments industry comprises establishments that operate self-contained apartments for short-term (one to six nights), medium-term (seven nights to one month) and long-term (more than one month) stays. Serviced apartments contain a kitchen or kitchenette and usually have separate lounge or dining facilities. Serviced apartments are generally cheaper than equivalent hotel rooms due to fewer complex facilities and fewer daily services provided.

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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