May 17, 2005
Inbound tourism worth $32b in a decade
The value of inbound tourism will grow to $32.1 billion by 2014, by which time China will be Australia's top earning market.From Inbound tourism worth $32b in a decadeInbound tourism's value will grow at an average 6.3 per cent from $18.5 billion, according to the inaugural release of economic value market forecasts from the Tourism Forecasting Committee.
As the top earner, the UK market contributed about $2.8 billion to tourism earnings in 2004 and that market will grow to $4.8 billion in the coming decade.
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Comments
Hopefully the quality won't suffer. You get what you pay for! PS: Look up the Walmart VS USA VS China scenario, as seen on TV to see what I'm saying.
Posted by: Greg Tingle at May 21, 2005 04:12 PM
