Analysis of destination markets, infrastructure and attractions, main and emerging source markets, as well as risks and opportunities in Australia. This report explores the types of travelers that visit the region as well as a SWOT analysis.
The years 2020 and 2021 witnessed a significant decline in business travel, primarily attributable to the far-reaching impact of the unprecedented COVID-19 pandemic. In the year 2021, we observed a significant decline in inbound business travel when compared with leisure and VFR (Visiting Friends and Relatives) segments.
Key Highlights
In 2019, Tourism Australia took the initiative to release a series of informative consumer factsheets specifically tailored for high-value travelers. These factsheets were made readily available to both individuals and businesses, serving as a valuable resource for anyone interested in exploring the tourism potential of Australia.The years 2020 and 2021 witnessed a significant decline in business travel, primarily attributable to the far-reaching impact of the unprecedented COVID-19 pandemic. In the year 2021, we observed a significant decline in inbound business travel when compared with leisure and VFR (Visiting Friends and Relatives) segments.
Scope
- This report is part of the publisher's Destination Market Insights Series. These reports provide an in-depth analysis of a tourist destination and its key source markets, as well as an assessment of the trends and issues in the covered destination market, in this case Australia.
Reasons to Buy
- Obtain a clear and detailed insight into new developments in two popular tourist destinations.
- Use data and analysis to explore trends related to international arrivals and spending, tourism segments as well as construction, foreign direct investments (FDI), airlines and hotel developments.
- Gain a better understanding of the opportunities in the market, as well as the risks, to support better business decisions.
Table of Contents
- Overview
- Key Trends
- Tourism Construction Projects
- Foreign Direct Investment
- COVID-19 Impact
- Growth Source Market
- Type of Tourism
- Destination Focus
- Reginal Risk Index and SWOT Analysis
- Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- NSW Aransport
- LCRA Australia
- Accor
- Marriot international
- Wyndhyam hotels and resorts
