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The market size of the Serviced Apartments industry in Australia is $xx.xx, which is expected to grow at xx% over the next five years. The industry comprises enterprises that operate serviced apartments for short-term or long-term accommodation. Serviced apartments typically feature a kitchen or kitchenette and often include separate lounge or dining facilities. Serviced apartments are often cheaper than equivalent hotel rooms as they have fewer complex facilities and provide fewer daily services.
Curious about what drives these trends? IBISWorld's Serviced Apartments in Australia industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Hotels & Resorts in Australia |
|
XX% | XX% | $XX |
| Motels in Australia |
|
XX% | XX% | $XX |
| Caravan Parks, Holiday Houses & Other Accommodation in Australia |
|
XX% | XX% | $XX |
| Tourism in Australia |
|
XX% | XX% | $XX |
| International Airlines in Australia |
|
XX% | XX% | $XX |
| Hotels & Motels in the US |
|
XX% | XX% | $XX |
| Hotels & Motels in Canada |
|
XX% | XX% | $XX |
| Motels, Hostels & Holiday Parks in New Zealand |
|
XX% | XX% | $XX |
| Holiday Accommodation in the UK |
|
XX% | XX% | $XX |
| Holiday Accommodation in Germany |
|
XX% | XX% | $XX |
| Hotels in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The market size of the Serviced Apartments in Australia is $6.2bn in 2026.
The market size of the Serviced Apartments in Australia increased 1.6% in 2026.
The market size of the Serviced Apartments in Australia has grown at a 11.4% CAGR between 2021 and 2026.
See our full analysis of the Serviced Apartments in Australia to understand if the industry market size is expected to grow or decline over the next five years.