Published on : Monday, September 11, 2017
In the span of coming five years, the Government of Western Australia has committed to spend $425 million in terms of destination marketing and event tourism to enhance the café and restaurant sector of the state, according to Restaurant & Catering Australia (R&CA).
For destination marketing, the tourism commitment of the government in the budget incorporated a yearly baseline funding of approximately $45 million and $40 million in terms of event tourism.
R&CA CEO Juliana Payne explained that this venture would eventually be valuable to the café and restaurant sector of the state.
To quote Payne, “The strength of the international tourism sector, as demonstrated by yesterday’s International Visitor Survey results, cannot be taken for granted. We are pleased that the WA Government has recognised the importance of tourism to the state’s economy and announced a significant, multi-year funding effort to ensure that this growth is not squandered.
Some of the major beneficiaries of a thriving tourism market are hospitality sector businesses, whose economic contribution to the state’s economy was worth $5.4 billion for the year ending July 2017 according to the latest ABS retail trade data. The WA Government’s budget commitments will ensure that the state is well-placed to capitalise on the economic and employment growth forecast for both the tourism and hospitality sector over the coming years.”