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BUSM4566 - Inbound Tourism in Australia

   

Added on  2020-03-02

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Running head: TOURISM Change in Inbound Tourism in Australia since 2010Name of the student:Name of the University:Author note:
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1TOURISMExecutive SummaryThe purpose of the report is to state that how the inbound tourism in Australia changed sincethe year 2010.. There has been a rise of significant inbound tourists which in turn affectingthe market insights of the inbound Tourism market. In this regards, the statistics andeconomic contribution are shown in this report along with its statistical representation in theAppendix section. Therefore in this regard, the report suggest also about therecommendations that how the Australia can control the market and how it is going toinfluence the customers staying in abroad. These are the important elements that are beingdealt in this report and also at the same time, the report also talks about the prosperity whichthe tourism sector is going to gain by 2020.Thus, it can be concluded that Australian Tourismsector is an important sector balancing the economy of the country.
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2TOURISMTable of ContentsIntroduction................................................................................................................................3Research Questions:...................................................................................................................3Data and Sources........................................................................................................................3Market insights.......................................................................................................................4Economic Contribution..........................................................................................................5The contribution of Tourism to Australian economy.............................................................6The inbound arrivals of Tourism (2017-2018).......................................................................6Methodology used......................................................................................................................6Recommendations......................................................................................................................7Conclusion..................................................................................................................................8References..................................................................................................................................9Appendix 1...............................................................................................................................11Appendix.2...............................................................................................................................12Appendix 3...............................................................................................................................12
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3TOURISMIntroduction Inbound tourism in Australia is referred to the visitors who are arrives in Australia and intendto stay in the country for not more than 12 months. The country has a wider range of inboundcollections that stand separately or complement each other. The purpose of the travelling ismainly for entertainment or leisure but not any working or gaining money. It mainly explainsof money expending. The inbound tourism contributes to the growth of money and also helpsto remove any kinds of obstacles which are bridging the gap between them According to theInternational Tourism statistics (TRM) has come to Australia and the spending remainedunstable for 4 years at the end of the year 2013 and it keep on increasing in the last 2014-2016 and it is still increasing now (Tra.gov.au, 2017).Research Questions:How is changing in inbound tourism in Australia since 2010? Data and Sources International Visitors in Australia has increased in number since 2010. It is more than12.4% at the end of year of December, 2016 to more than 90,000 which is considered to bethe highest number of international visitors Australia. There has been a boost in the sectorwith the number of visitors visiting Australia for the holiday increased by 24% and the peoplewho are residing in Australia increase by 8.3%. The inbound tourism in Australia in the year2016 has become 195,605 (Tra.gov.au, 2017) .(See Appendix 2).According to the statistics published by the Research team Australia, they came up with adifferent methodology where the people are being interviewed on the mobile phones aredifferent from those people who are being interviewed on the landlines. It is notified that,people who have been taken interviews on mobile and likely to take more trips (Fang et al.,
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