australias tourism industry - reserve bank of …（澳大利亚的旅游业,储备银行u2026）.pdf

Australia’s Tourism Industry Karen Hooper and Marileze van Zyl* This article examines developments in Australia’s tourism industry over the past decade. It focuses on the increased tendency for Australians to holiday overseas and the compositional changes in the inbound visitor market, which together have contributed to subdued growth in parts of the tourism industry in recent years. Introduction industry.1 Specifically, the annual TSA measures the direct contribution of tourism to the economy The tourism industry makes a significant by aggregating the output of each industry that is contribution to the overall level of economic activity consumed by ‘visitors’. In this way, tourism output is and employment in Australia. This article discusses brought into the national accounts framework as a this contribution and how it has changed over time, composite of the output of conventionally defined drawing on both publicly available data and insights industries. from the Bank’s liaison program. In particular, the article examines trends in two broad categories In order to measure the size of the tourism industry, of tourism expenditure: spending by Australian spending by ‘visitors’ must be clearly distinguished residents within Australia (domestic tourism