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Sydney Opera House is among the world’s most recognisable buildings and is a UNESCO World Heritage Site Sydney Opera House is among the world’s most recognisable buildings and is a UNESCO World Heritage Site

Australia’s Tourism Spending Soars to USD51 Billion

The latest International Visitor Survey (IVS) by Tourism Research Australia has been released, revealing the economic impact of Australia’s tourism industry during 2017.

Australia is reported to have reached a new tourism record with international visitors reaching a new spending high of AUD41.3 billion (USD52.8 billion) for the year ending December 2017. This represents an increase of six percent on 2016 and an additional AUD2.2 billion (USD2.2 billion) to the Australian economy.

Overall, almost all states saw spending growth from international tourists. Specifically, Tasmania continues to enjoy the strongest growth, with spending by international tourists surging 31 percent during 2017 and up by 90 percent over the past three years.

Meanwhile, Chinese tourists remain Australia's biggest spenders, with a record AUD10.4 billion (USD13.3 billion), representing a 14 percent increase from 2016. Spending by visitors from the US also continues to grow, up three percent to AUD3.8 billion (USD4.9 billion). Other top performers for the year included India, recording a spending of AUD1.4 billion (USD1.8 billion), a 16 percent increase.