Tourist accommodation results, which are based on the results from the on-going quarterly Survey of Tourist Accommodation, were released by the Australian Bureau of Statistics recently. The ‘small area’ data was released on the same day as the March employment figures were released, so the tourism results largely flew under the radar. The national figures [...]
Tourism and holiday home markets likely to have hit the bottom of the cycle
by Tim Lawless on April 9, 2010 in Tourism markets
Tourism markets feeling the pinch
by Tim Lawless on January 13, 2010 in Research, Tourism markets
Australia’s most popular tourism regions are hurting – takings from accommodation are down, occupancy rates are down, overseas visitor numbers are only creeping up (slowly) after the 2008 slowdown. The Tourism Forecasting Committee (part of Tourism Australia) estimates that total tourist consumption is down 3.5% in real terms during 2009 – the worst downturn in [...]
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