Complete report is available @ http://www.reportsnreports.com/reports/235201-travel-and-tourism-in-australia-to-2017.html . The Australian government considers tourism a priority sector and under its Tourism 2020 plans, intends to provide support to key competitors, state and territory governments to increase total overnight expenditure to AUD140 billion (US$147 billion) by 2020. The main components of Tourism 2020 are to expand inflows and expenditure from key Asian markets, to build competitive digital capabilities, to encourage investment by implementing regulatory reforms and to increase the sector’s labor supply. Economic growth will help support government efforts to strengthen the sector. Australia’s economy grew at a CAGR of 3.6% in 2012 − the fastest rate of growth since 2007. Despite a host of challenges, including an appreciation in the exchange rate and the rising popularity and increasing accessibility of new destinations overseas, the nation’s total international arrivals still increased by 4.6% in 2012 to reach 6.15 million tourists.

1. Travel and Tourism in Australia to 2017
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2. Travel and Tourism in Australia to 2017
Synopsis
The report provides market analysis, information and insights, including:
Historic and forecast tourist volumes covering the entire Australian travel and tourism
sector
Detailed analysis of tourist spending patterns in the Australian travel and tourism sector
The total, direct and indirect tourism output generated by each category within the
Australian travel and tourism sector
Employment and salary trends for various categories in the Australian travel and tourism
sector, such as accommodation, sightseeing and entertainment, foodservice,
transportation, retail, travel intermediaries and others
Detailed market classification across each category, with analysis using similar metrics
Detailed analysis of the airline, hotel, car rental and travel intermediaries industries
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3. Travel and Tourism in Australia to 2017
Summary
The Australian government considers tourism a priority sector and under its Tourism 2020
plans, intends to provide support to key competitors, state and territory governments to
increase total overnight expenditure to AUD140 billion (US$147 billion) by 2020. The
main components of Tourism 2020 are to expand inflows and expenditure from key Asian
markets, to build competitive digital capabilities, to encourage investment by
implementing regulatory reforms and to increase the sector’s labor supply. Economic
growth will help support government efforts to strengthen the sector. Australia’s
economy grew at a CAGR of 3.6% in 2012 − the fastest rate of growth since 2007. Despite
a host of challenges, including an appreciation in the exchange rate and the rising
popularity and increasing accessibility of new destinations overseas, the nation’s total
international arrivals still increased by 4.6% in 2012 to reach 6.15 million tourists.
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4. Travel and Tourism in Australia to 2017
Scope
This report provides an extensive analysis related to tourism demands and flows in
Australia:
It details historical values for the Australian tourism sector for 2008–2012, along with
forecast figures for 2013–2017
It provides comprehensive analysis of the travel and tourism demand factors with values
for both the 2008–2012 review period and the 2013–2017 forecast period
The report makes a detailed analysis and projection of domestic, inbound and outbound
tourist flows in Australia
It provides employment and salary trends for various categories of the travel and tourism
sector
It provides comprehensive analysis of the airline, hotel, car rental and travel
intermediaries industries with values for both the 2008–2012 review period and the
2013–2017 forecast period
Complete report is available @ http://www.reportsnreports.com/reports/235201-
travel-and-tourism-in-australia-to-2017.html .
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5. Travel and Tourism in Australia to 2017
Key Highlights
Travel and tourism is an important component of the Australian economy. The sector’s
direct and indirect contribution to the country’s GDP stands at around 10%, according to
the World Travel and Tourism Council (WTTC), and accounts for around 12% of the
nation’s total employment.
Despite a decline in 2009 amid the worst of the global financial crisis, the number of
inbound tourists increased at a CAGR of 2.41% during the review period, with total
arrivals standing at 6.2 million in 2012. By the end of the forecast period the number of
foreign tourist arrivals is expected to have reached 7.3 million, expanding at a CAGR of
3.62%.
With a share of 64.64%, the Asia-Pacific region accounted for the highest proportion of
total inbound tourists in 2012. The region is expected to continue to account for the
largest proportion of inbound trips, with a 67.78% share of total inbound trips in 2017,
followed by Europe, with a share of 18.53% and North America with a share of 9.05%.
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