ABS Trend annual growth in tourists highest in 14 years

first_imgTrend tourism growth in Australia is the highest in 14 years, according to the latest Australian Bureau of Statistics data.According to the data, arrival rose 1.7 per cent in May whilst departures fell 4.5 per cent but seasonally adjusted, the tourism deficit fell from 227,000 to 192,300 in May.Chinese tourists have contributed the large amount of the growth, hitting a record of 761,000 in the next 12 months to May, up 11.9 per cent year on year.The number of Australian tourists leaving to go overseas fell 4.8 per cent in May after rising 10.8 per cent in April.Commsec analyst Savanth Sebastian said that China is likely to be the greatest contributor of tourists to Australia in the next five years.Source = ETB News: Tom Nealelast_img read more