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Australia and Singapore Tourism Report Q4 2015 Market Report; Launched via

Market Research Reports, Inc. has announced the addition of “Australia and Singapore Tourism Report Q4 2015” research report to their website


Lewes, DE -- (SBWIRE) -- 09/18/2015 -- Australia's tourism market is growing rapidly, supported by extensive government investment in transport and supporting infrastructure and a growing range of domestic and regional transport connections. We are forecasting substantial growth in the inbound tourism industry over our forecast period to 2019 as currency fluctuations make the country a more affordable regional travel destination. At the same time, Australia's relatively substantial outbound travel market is also set to expand, albeit at a slower rate than the smaller inbound travel sector.

Australia offers a broad range of tourist attractions. The country is renowned as a beach holiday destination, particularly along the Gold Coast, and also boasts world-class diving destinations including the Great Barrier Reef. There are also a multitude of adventure and sports activities on offer, including winter sports, which helps to negate the affect of seasonal slumps in tourism. Australia is also developing a reputation as a cultural holiday destination and is attracting greater volumes of short-stay visitors to its many cosmopolitan cities.

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The Singapore tourism report looks at a range of key indicators for this popular and wellestablished tourist destination in the competitive Asia Pacific region. Singapore's status as a regional transit hub has allowed it to develop a strong tourism base and investment in a broader range of attractions is allowing it to tap into more lucrative longer-stay travel. As such, we expect to see steady growth in inbound travel throughout our forecast period, creating an attractive potential investment environment.
Although a small city state, Singapore offers a broad range of tourism attractions. As well as a vibrant restaurant and night life scene, Singapore also has large retail centres and a multitude of nature parks and reserves offering outdoor and adventure activities. The city state also has several beaches and theme parks catering to the family holiday market. In general Singapore is seen as a short-stay destination; however the country is keen to attract longer-stay visitors and is investing heavily in supporting tourism infrastructure.

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