Tourism growth and outlook goes from strength-to-strength | The Insight Files | Scoop.it

According to the February 2016 Tourism and Hotel Market Outlook, tourism is growing at rates not witnessed for decades, with stronger domestic and overseas holiday spending by Australians, despite macroeconomic uncertainty. The latest Outlook has seen Deloitte Access Economics again upwardly revise its forecasts for international visitation, with trips to grow by 5.4% and visitor nights by 5.3% per annum over the next three years. The forecast for China alone is for another 285,000 visitors per year by 2018 - equivalent to an extra 10 return A380 services every week. Australia's appeal as a tourism destination is not limited to China. 75% of Australian source markets grew above their five-year trend and 25% of markets grew at twice that pace. The US was the main rebounder, with 50,000 more visitors or 9% in 2015. Macro conditions remain favourable for international travel generally, and for Australian tourism specifically. Click here to download the executive summary.