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Consumer trends and news curated by Tourism Australia
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Australian tourism welcomes triple growth

Australian tourism welcomes triple growth | The Insight Files | Scoop.it

The Australian tourism industry has welcome a growth three times faster than the Australian economy over the year to June, according to the August edition of the Deloitte Tourism and Hotel Market Outlook. The Deloitte Access Economics has increased its forecast for international tourism, with arrivals forecast to grow at 6.2% per annual (up from 5.4% in February) on average over the next three years. Other key outtakes from the report include:

 

  • Growth rates on both the international and domestic visitor fronts are in record territory.
  • While the global economic foundations have weakened, the tourism outlook has strengthened and forecasts have been upgraded.
  • Nationally, the hotel development register has strengthened further - however, not enough to offset a buoyant demand outlook.
  • Individual hotel market performance outlooks reflect cities' exposure to the growth segments and the highly variable local supply pipeline.

 

Click here to download the executive summary of the report.

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How Sydney ranks as a place to visit and do business

How Sydney ranks as a place to visit and do business | The Insight Files | Scoop.it

According to global cities expert, Greg Clark, Australia's tourism marketing has worked a little too well. While Sydney performs well on measures of quality of life and entertainment, it ranks below average on ease of doing business, transportation and infrastructure and costs of doing business. "Sydney is becoming one of the world's very important cities. But you have to get better at leveraging the story. Instead of thinking about the Opera House and Harbour Bridge as places that signify fun, they should also be places signalling innovation, optimism and the future."

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Global tourism resilient to terrorism and further challenges

Global tourism resilient to terrorism and further challenges | The Insight Files | Scoop.it

According to new research by the WTTC, global travel and tourism continues to register strong growth despite challenges from terrorism, political turmoil, global economic developments and the Brexit decision. The update of WTTC's Economic Impact Report 2016 shows that, despite the many challenges travel and tourism have faced in the first six months of 2016, the sector is still expected to grow by 3.1%, outpacing global economic growth forecast at 2.3%. While the global picture remains positive, the outlook for some countries has deteriorated since WTTC's last forecast in March 2016. Find out more.

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Joyce Hajal's curator insight, October 10, 2016 5:57 AM
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Panos Fotiadis's curator insight, October 14, 2016 4:22 AM
WTTC research on global tourism