Australia Luxury Hotel Market Size, Share, Trends and Forecast by 2025-2033

The latest report by IMARC Group, titled "Australia Luxury Hotel Market Size, Share, Trends and Forecast by Type, Room Type, Category, and Region, 2025-2033," offers a comprehensive analysis of the Australia luxury hotel market growth.

The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia luxury hotel market size reached USD 1.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.4 Billion by 2033, exhibiting a growth rate (CAGR) of 6.27% during 2025-2033.

Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 1.3 Billion
Market Forecast in 2033: USD 2.4 Billion
Market Growth Rate (2025-2033): 6.27%

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Australia Luxury Hotel Market Overview

Australia's luxury hotel and accommodation sector is in a state of growth and development, primarily due to high-net-worth (HNW) travel demand from Asia and newly developed HNW preferences for valuable exclusive experiences. Sustainability initiatives and eco-luxury offerings to eco-conscious guests, particularly travellers from Asia, and tourism recovery from the pandemic are also driving growth within high-end hotels and lodges in Australia, with investments in ultra-luxury boutique hotels and stratifed voucher and card components for luxury guests.

Australia Luxury Hotel Market Trends and Drivers

• Increasing Demand for Sustainable Luxury Experiences: High-income travelers are beginning to see properties incorporating environmental sustainability alongside luxury as a priority. Australia has been recognized as the top luxury destination in the Asia Pacific region, with 35% of wealthy travelers intending to visit in 2024. The interest in travel was particularly high in India, where 69% of wealthy passengers are planning trips, followed by 25% of Japanese travelers. Hotels are responding to provide lodging standards in a manner that enhances their hotels' reputation by evaluating environmental sustainability practices and attaining green building certification of construction, adopting energy-efficient building systems, and giving guests preference to local organic dining options. For example, new luxury resorts in Queensland and Victoria have introduced solar-powered villas, zero-waste properties, and partnerships with indigenous communities to guests to authentic experiences.

• Expansion of Luxury Wellness Tourism: The luxury travel market focused on wellness is growing in Australia. High-end hotels are introducing premier health and rejuvenation offerings to appeal to high-wealth traveller, and these properties are extending their offerings beyond traditional spas. These properties are now offering medical and wellness programs, customized fitness programs, and wellness retreats, which may include mindfulness programs and nutritional therapies. Destinations are now providing clusters of luxury wellness resorts with programs at each, such as sleep, detox, and longevity. In recent years, many hotels have developed working relationships with wellness experts, such as naturopaths and mental health coaches, in order to provide guests with genuine, supported experiences based on evidence.

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Australia Luxury Hotel Market Segmentation

1. By Type

o Business Hotels
o Airport Hotels
o Suite Hotels
o Resorts
o Others

2. By Room Type

o Luxury
o Upper-Upscale
o Upscale

3. By Category

o Chain
o Independent

4. By Region

o New South Wales
o Victoria
o Queensland
o Western Australia
o South Australia
o Others

Australia Luxury Hotel Market News:

April 02, 2025: HVL Hotels officially opened its first property in Hunter Valley, New South Wales, a five-star hotel that offers 65 luxurious rooms, fine dining led by the Chef, and a European-inspired thermal spa. This new hotel is designed to create a luxury hotel offering in an Australian market that is void of a recognized luxury hotel experience and entice high-end customers from both Australia and abroad. This new luxury hotel will significantly develop Hunter Valley's brand as a luxury tourist destination.

November 26, 2024: Eve Hotel announced that it is planning to open in 2025 in the exciting Wunderlich Lane precinct in Sydney. Eve Hotel will offer a luxurious boutique stay for guests with a total of 65 stunningly designed hotel rooms, along with a rooftop garden which will have spectacular views of the city. This design hotel offers a collective identity of art, culture, and food, and it will dramatically change the landscape of luxury hotel experience in the city of Sydney.

Key Highlights of the Report

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC's offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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