New Market Study Published: Australia Tourism Report Q2 2012
Through to 2008, tourist arrivals to Australia had been steadily growing since 2004. In 2003, arrival numbers fell by 1% due to concern over the SARS pandemic. In 2004, 4.77mn tourists visited Australia and by 2008 that number had increased to 5.45mn. In 2009, however, tourist arrivals fell by 2.1% yearon- year (y-o-y) to 5.33mn. Before 2009, Australia's tourism growth was helped by the weakness of the Australian dollar, which increased the country's price competitiveness from major source destinations such...
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