8695.0 - Accommodation Industry, Australia, 2000-01
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 26/07/2002
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Domestic accommodation industry income up 20%
Australia's accommodation industry shows signs of strong growth, with a 26% increase in total income over the three years to 2000-01. Businesses in the industry generated $8,286 million (m) total income in 2000-01, according to figures released today by the Australian Bureau of Statistics (ABS).
However industry operating profits increased marginally by 0.2% to 8.1% in 2000-01. The accommodation industry's pre-tax profit was $620 m.
Accommodation provision was the main source of income for the industry ($5,001 m or 60%), with meal and liquor sales accounted for a further 24% of total income.
Additional interesting facts from the publication include:
Further details are available in Accommodation Industry, Australia 2000-01 (cat. no. 8695.0).
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