Hotel spending smashes 2020 target by almost $4b

The Tourism 2020 goals of increasing total overnight visitor expenditure from $70 billion to $115 billion have been smashed a year early with the latest figures showing hotel spending hit $119 billion in the year ending March 2019.

Figures released last week revealed that together, international and national total overnight visitor expenditure is now at a record $118.9 billion – almost $4 billion over target.

Tourism Accommodation Australia (TAA) national chief executive Michael Johnson said the result was a due to the combined efforts of the tourism and accommodation sectors allied with the federal government.

“The National Visitor Survey figures for the year ending March 2019 show Australian domestic tourism continues to grow,” he said.

“Australians took 109 million overnight trips across the country over that period, staying 386 million nights and spending a record $74.5 billion.”

The survey revealed that NSW continues to be the number one state regarding visitor nights for regional locations across all accommodation categories. It also attracts the biggest share of domestic visitor nights overall, with 28.8 per cent.