New South Wales tourism industry breaks records
New figures from Tourism Research Australia show domestic visitors to NSW contribute $29.4 billion and international visitors $13.1 billion to the economy with tourism the sixth largest employment industry in the state.
The data is contained in the State Tourism Satellite Account 2017-18 which reports on tourism consumption, tourism Gross State Product (GSP), tourism Gross Value Added (GVA) and tourism employment to measure the impact of the industry.
Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres said tourism was clearly one of the State’s champion industries.
“The results show that NSW’s contribution to tourism in Australia is invaluable and locally the industry has a huge impact on our economy,” Minister Ayres said.
“Tourism directly employs 182,900 people – equal to one in 22 jobs – in New South Wales, up almost 7,800 people on 2016-17. Visitors to NSW consumed $42.5 billion worth of goods and services, up 7% on the previous year and accounts for 30% of Australia’s total tourism consumption.”
Tourism consumption refers to spending on transport, accommodation, shopping, food and drinks, tourism operators, recreation and education services.
“These numbers are a clear demonstration that the NSW Government strategy to grow and support the visitor economy in NSW is bang on target,” Ayres added.
May 29, 2020