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Published on : Tuesday, September 5, 2017
Per year the tourists arriving from India will grow by 12% and it is expected that Australia will reach its target of $115 billion in overnight spend by 2020. China and USA will follow India closely with 10% and 4% growth respectively.
Bryon Merzero, consultant for Deloitte’s Tourism, Hospitality and Leisure industry group assessed theses reports. Tourism has been a high performing sector, along with gas, agribusiness, international education and wealth management.
There was a rise of 7% in the first four months of arrivals to Oceania (including Australia) this year. According to the survey Australia ranks number one on scenery, sight-seeing, being financially worth travelling to and is a great place for conferences.
Indian tourism boom is being egged on the soft Australian dollar valued at around UD$0.78 cents. The sub sectors of the travel industry also saw strong growth in the Australia’s capital which is noticing a hotel building boom.
It was however noticed that there was inadequate dispersal of tourism dollars beyond Australia’s visitor hot spots. The home market does not add much to Australia Tourism, the local authorities and councils have reached out to domestic and international travellers.
Labour supply and skill levels will remain a challenge; the hotel construction boom is underway with 125 properties to be built up in the country. My TravelResearch.com tourism industry members are yet to reveal where the workers will come from to sustain the hotel and tourism boom.
Merzeo said that that everyone loves Australia and they are in a good position for a positive growth.