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First 16 months of Coronavirus pandemic removes $101 billion from Australian tourism

First 16 months of Coronavirus pandemic removes $101 billion from Australian tourism
September 30, 2021

Australia’s tourism industry has seen more than $101 billion wiped from its balance sheet between the start of the Coronavirus pandemic in March 2020 up until 30th June this year.

The latest Tourism Research Australia (TRA) data showed that international travel was unsurprisingly the worst performer down 94% ($53 billion), while domestic overnight trips fell 36% ($38.3 billion).

However, border closures saw a rise in Australians taking longer self-drive trips within their home state, with the TRA advising “in the year ending June 2021, the share of intrastate overnight trips and spend increased across all states and territories.

“Nationally the share of overnight intrastate trips increased from 68% to 80% for overnight trips and 45% to 65% spend (for the year to June 2021).”

While regional destinations weathered the storm better, their counterparts in the major cities were not so fortunate, with overnight trips to capital cities dropping 28%.

Business travel was also hammered, with overnight trips falling 47% and spend reduced by 53% since March last year.

Nonetheless, the TRA data did show some positive signs, noting “vaccination rates are rapidly approaching the levels needed to open up our economy.

“Restrictions are slowly easing. Qantas is accepting bookings to Canada, the UK and Singapore.

“Tourism Research Australia expects demand and traveller confidence will soon return. But it depends on increased travel certainty and people taking care to stay COVID-19 safe.”

Image: Sea World's Storm Coaster.

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25th August 2021 - TTC pauses Australian touring departures until December and outlines new vaccine requirement

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23rd August 2021 - Tropical North Queensland tourism job losses to escalate by Christmas

16th August 2021 - Sunshine Coast lockdown has $45 million impact on tourism

13th August 2021 - ATEC continues to highlight that tourism regions are struggling to survive

11th August 2021 - Australian Tourism Industry Council delivers three-point tourism, events and hospitality plan to recover from lockdowns

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4th August 2021 - ATEC supports COVID vaccinations to prevent more lockdowns and reopen the economy

30th July 2021 - Australia’s lockdowns to end once 80% of the population is vaccinated against COVID-19

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