Australia Tourism Set to Break Records – A Bright Future on the Horizon Down Under
Australia’s travel and tourism industry is set to contribute more to the local economy in 2024 than any other previous year, with an expected total of $265 billion for this year, according to a new Economic Impact Research report from the World Travel and Tourism Council. Furthermore, a robust growth is expected over the next ten years that exceeds $345 billion by 2034.
Additionally, the sector is set to generate a steady increase in job opportunities, resulting in a full recovery of jobs lost during the pandemic by the end of 2023. As such, the country’s travel industry job levels will pass the peak level achieved in 2018. Australia is also seeing a surge in visitor spending with domestic visitor spending set to reach around $148 billion for 2024 alone. Alongside this, overseas visitations are also on the rise and are predicted to generate around $35 billion for the year.
These numbers suggest that a bright future awaits Australian tourism which already offers travellers a range of diverse experiences. In addition to the country’s various attractions, visitors can look forward to enticing accommodation options including Hunter Valley spa packages like those offered by Elysia Wellness Retreat.