Destinations Australia, NZ & South Pacific

Aussie economics firm predicts outbound tourism from Asia to significantly increase by 2015

Excerpt from Herald Sun

Aug 30, 2012 2:19 am

Skift Take

Income growth for the middle class means tourism is expected to move beyond domestic borders and largely into Australia, although hotel growth will be needed to accommodate growing tourism sector.

— Samantha Shankman

Free Report: The Changing Business of Extended-Stay Hotels

Tourism [to Australia] from Indonesia and Malaysia is expected to rapidly rise by 2015, while the number Australians holidaying overseas is showing signs of easing, a survey has found.

Deloitte Access Economics corporate finance director Lachlan Smirl said a cashed-up middle class in emerging economies throughout Asia is likely to have a flow-on-effect for the Australian tourism industry.

The Deloitte’s Tourism and Hotel Outlook for the third quarter of 2012 also found that there was a spike in domestic trips in the March quarter, and that hotel room occupancy continued to trend at all-time highs.

Read the Complete Story →

Tags: , ,

Next Up

More on Skift

Daily Travel Startup Watch: Holidog, Tapln and More
Skift Forum Video: How TripAdvisor Uses Big Data to Personalize an Experience
TripAdvisor is Now the King of Hotel Photo Content
4 Strategies to Better Engage the Millennial Traveler