Inbound Tourism set to soar
THE annual value of inbound tourism will almost double in the next decade to $35.6 billion, driven by an increase in visitors from India and China, according to the Tourism Forecasting Committee.
According to TFC’s April 2006 forecast, inbound tourism will rise at an average yearly rate of 7.1 per cent from $18.5 billion last year to reach $35.6 billion in 2015.
TFC chairman Bernard Salt said Australia’s source of visitors was shifting.
“The sources from which we derive most of our tourism will subtly change over the next 10 years — less emphasis on the traditional markets like New Zealand and Japan and even the UK, and a rising emphasis on effectively the new middle-class markets coming out of Asia”, especially India and China, he said.
“Over the last five years or so, those markets have accelerated.”
“At the same time, outbound departures are forecast to rise by 6 per cent to 5 million in 2006 and to grow at an average annual rate of 2.8 per cent to reach 6.5 million over the 10 years to 2015.”
The committee, linked to Tourism Australia, predicts 2.8 per cent growth in international visitor arrivals to 5.7 million. Their economic contribution is forecast to rise 3.5 per cent to $19.1 billion.
Mr Salt said the forecasts took several factors into account, including past behaviour and material changes “like the introduction of new airlines, new flights, change in seating capacity and more aggressive pricing”.
“Tourism … will remain a mainstay of the Australian economy over the next 10 years,” Mr Salt said.
Graham Muldoon
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt