Australia’s Hotel Industry – Into 2023 and Beyond
Inn Quest
MARCH 23, 2023
Revenue is forecast to have an annual CAGR of 1.85% between now and 2027. 23% of bookings are currently made offline. 91% of total revenue will be generated through online sales by 2027, reaching a market volume of US$7.27 Moreover, the expansion into real estate development is becoming more popular.
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