International tourism spending increase in Australia

    Tourism Research Australia released (14-Mar-2018) its International Visitor Survey for the year ending Dec-2017, reporting spending by international visitors reaching a new high of AUD41.3 billion (USD32.4 billion) for the period, up 5.7% year-on-year. International visitors rose 6.6% to 41.4 million and international visitor nights rose 4.8% to 265 million. Key highlights by source market include:

    • China: Remained Australia‘s largest source market by spending with AUD10.4 billion (USD8.2 billion) in 2017, an increase of 14%;
    • US: Spending up 3% to AUD3.8 billion (USD3 billion);
    • UK: Spending declined 6% to AUD3.5 billion (USD2.7 billion). UK dropped behind the US for total international visitor spending in 2017;
    • New Zealand: Spending declined 8% to AUD2.5 billion (USD2.0 billion), the largest decline in spending of any major source market;
    • India: Recorded the strongest growth with visitors spending a record AUD1.4 billion (USD1.1 billion), an increase of 16%;
    • France: Spending growth of 6%, the strongest of any European source market. [more – original PR]