In a survey conducted among hospitality businesses in Australia in 2021, around 55 percent of those surveyed expected their company to still be in operation in five years time. In comparison, around 10 percent of participants indicated that they believed that they would no longer be operating in five years.
Expectation of own business operating in five years among hospitality businesses in Australia in 2021
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Griffith University. (August 27, 2021). Expectation of own business operating in five years among hospitality businesses in Australia in 2021 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1370845/australia-likelihood-of-hospitality-businesses-operating-in-five-years/
Griffith University. "Expectation of own business operating in five years among hospitality businesses in Australia in 2021 ." Chart. August 27, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1370845/australia-likelihood-of-hospitality-businesses-operating-in-five-years/
Griffith University. (2021). Expectation of own business operating in five years among hospitality businesses in Australia in 2021 . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1370845/australia-likelihood-of-hospitality-businesses-operating-in-five-years/
Griffith University. "Expectation of Own Business Operating in Five Years among Hospitality Businesses in Australia in 2021 ." Statista, Statista Inc., 27 Aug 2021, https://www.statista.com/statistics/1370845/australia-likelihood-of-hospitality-businesses-operating-in-five-years/
Griffith University, Expectation of own business operating in five years among hospitality businesses in Australia in 2021 Statista, https://www.statista.com/statistics/1370845/australia-likelihood-of-hospitality-businesses-operating-in-five-years/ (last visited December 22, 2024)
Expectation of own business operating in five years among hospitality businesses in Australia in 2021 [Graph], Griffith University, August 27, 2021. [Online]. Available: https://www.statista.com/statistics/1370845/australia-likelihood-of-hospitality-businesses-operating-in-five-years/