International visitor spend set to fully recover by 2025

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Australia’s tourism sector is on the path to growth, with tourism spend in Australia reaching $208 billion in 2023.

Tourism Research Australia data showed international visitor spend reached $28 billion in 2023, up 120 per cent on the previous year.

International visitor arrivals reached 7.2 million, up 95 per cent on the previous year, with the largest international markets being New Zealand, the USA, the UK and China.

Domestic overnight trip spend was up 8 per cent to $109 billion, and domestic day trip spend up 13 per cent to $33 billion.

The State of Industry Report forecasts tourism spend in Australia is set to increase by 31 per cent over the next five years, while international visitor spend is forecast to reach pre-pandemic numbers by 2025.