TA Global Market Monitor shows steady inbound arrivals to Oz despite worldwide decline
Despite the global financial crisis and swine flu, inbound tourist arrivals to Australia remained static in 2009, compared to a four per cent decline in tourism worldwide.
According to Tourism Australia’s latest Global Market Monitor, while January 2010 arrivals are expected to remain flat year on year due to the later Chinese New Year, beyond February there are “clear signs” of recovery and improving consumer confidence in North Asia with China and Korea showing signs of growth.
The report found “a general sense of cautious confidence in the UK, Europe, US and Canada although the continual improvement of consumer sentiment worldwide is constrained by high unemployment, declining wealth and cautious lending”.
