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WTTC: 2017 – a record year for Travel & Tourism in Australia

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australia beach2017 was a record year for Travel & Tourism in Australia with the sector contributing AUD197.5 billion to the economy, more than any other year on record, according to major new research released by the World Travel & Tourism Council (WTTC).

Other highlights of the report released show:

  • Travel & Tourism supported 1.5 million jobs in 2017 (12.2% of total Australian employment)
  • By 2028 over 1.7 million jobs in Australia are forecast to be dependent on Travel & Tourism
  • The travel sector grew by 2.3% in 2017, compared to growth of 2.2% in the wider economy
  • Australia is the 12th largest travel economy in the world

Gloria Guevara, President & CEO, WTTC, said “Travel & Tourism creates jobs, drives economic growth and helps build better societies. This is particularly the case in Australia, the 12th largest tourism economy in the world and home to some of the world’s most iconic sights. Over the last few years, Australia has led the world in the use of technology to drive tourism growth through visa facilitation and has reaped the benefits through increased visitors.”

“Globally, 2017 was one of the strongest years of GDP growth in a decade. Our sector now supports one in ten jobs on the planet and contributes 10% of global GDP. Over the past ten years, one in five of all jobs created across the world has been in the sector and, with the right support from Governments, nearly 100 million new jobs could be created over the decade ahead.”

Every year WTTC produces the definitive research into the economic impact of Travel & Tourism across 185 countries and 25 regions. A full list of reports can be found at www.wttc.org 

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