Remove 2023 Remove Market Forecasting Remove Travel and Tourism
article thumbnail

Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

in 2023 (IBISWorld). The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 From 2018-2023, the industry within Australia declined by 4.9%