Friday 9 May 2014

Queensland Leads National Investment in Tourism

Outback - Hughenden
Queensland recorded the highest level of new tourism investment in 2013 of any state or territory in the country according to new research released by Tourism Research Australia.

Minister for Tourism, Major Events, Small Business and the Commonwealth Games Jann Stuckey said the 2013 Tourism Investment Monitor revealed Queensland held 31 per cent of total tourism investment in Australia.

“Queensland saw exceptional growth in tourism investment in 2013 with the report showing the state welcomed an additional $7.2 billion in new tourism investment, recording the highest growth in the country across the key sectors of aviation and accommodation,” said Ms Stuckey.

“Of the total share of tourism investment in Queensland, the aviation sector saw the largest investment at $3.5 billion, followed by the accommodation sector at $2.5 billion and the arts and recreation sector at $1.2 billion.

“At a national level, Queensland's share of total Australian tourism investment by sector was 34 per cent of accommodation investment, 51 per cent of aviation investment and 14 per cent of arts and recreation investment.

Ms Stuckey said the 2013 Tourism Investment Monitor was further evidence of the growth of the Queensland tourism industry and follows on from positive reports released in Tourism Satellite Accounts 2012-13, National Visitor Survey and International Visitor Survey for the year ended December 2013.

“This data reinforces the growing confidence in Queensland's tourism industry, which contributed $23 billion to our economy last financial year and supported 241,000 Queensland jobs,” said Ms Stuckey.

“Queensland also saw an increase in overnight visitor expenditure in the year to December 2013 with domestic and international visitors spending $18 billion on trips to the state.”

Ms Stuckey said the Queensland Government's 20-year plan for Tourism, Destination Success, would play a key role in building on this momentum, providing a shared purpose and common goal between industry and government to ensure a strong and prosperous future for Queensland.

View Tourism Research Australia's Tourism Investment Monitor at www.tra.gov.au

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