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Bright future for tourism

TOURISM Research Australia today released its Tourism Forecasts 2016, which is upbeat about the prospects for the sector despite the backdrop of global economic and political uncertainty. TRA is predicting strong growth in holiday travel, but expects many Australians to choose to holiday domestically rather than overseas with a 9.7% growth in domestic day trips in 2015/16 and a further 4.5% growth in 16/17. Inbound tourism is also forecast to continue its growth, supported by lower fuel prices, the lower currency, increased aviation capacity and ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 14 Jul 16

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