SA wins, Australia losing out
International tourist spending was down by $450 million in the past year as a result of the high dollar value on the tourism industry.
The Bureau of Statistics latest figures show earnings from tourism services sold to foreigners fell about 3% in November, to $2.43 billion, from October.
In the past year, monthly export earnings from tourism-related services such as accommodation and transport dropped 15% from about $2.86 billion.
The BoS has also sharply lowered its previous estimates for foreign spending on Australian services between May and October.
But South Australia’s tourism industry has welcomed a spike in domestic visitor expenditure, beating out the national growth over the past year. According to statistics released by the latest National Visitor Survey, the state saw a 7.4% domestic visitor expenditure growth while nationally there was a 0% increase.
International visitor expenditure in South Australia also exceeded the national level with a jump of 4.7% compared to 3.9% for the rest of the country. Visitor numbers to South Australia also spiked for the year compared to the previous period by 6.1%.
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