Australia Hospitality Market Size & Outlook, 2025-2033


Australia Hospitality Market Insights

  • Based on Deep Market Insights findings, the Australia Hospitality Market reached USD 91.04 Billion in 2024 and is estimated to attain USD 144.01 Billion by 2033.
  • From 2025 to 2033, the Australia market is expected to grow at a steady CAGR of 5.14%.
  • Within the Service Type category, Accommodation dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Accommodation is forecasted to deliver the fastest growth, positioning it as the most lucrative Service Type segment.

Other Key Findings


  • Australia contributed 1.71% to the global Hospitality Market size in 2024.
  • By 2033, United States is forecasted to remain the largest global market for Hospitality Market.
  • In Asia Pacific, China is projected to capture the leading share of market size by 2033.
  • Among Asia Pacific markets, India is expected to post the fastest growth, reaching USD 393.75 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 91.04 Billion
Market Size In 2033 USD 144.01 Billion
Largest segment Accommodation
Units Revenue in USD Billion
CAGR 5.14% (2025-2033)
Segmnetation Covered
Service Type
  1. Accommodation
  2. Food & Beverage
  3. Travel Services
Ownership
  1. Chain
  2. Independent
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends