Forecast Tourism Forecasting Committee 2013 Issue 1 Authors Tourism Research Australia: Tim Quinn, Dr George Chen, Dr Ben Pang and Geoff Bailey Other Contributors Tourism Forecasting Committee, Tourism Forecasting Technical Committee and Industry Sources ISBN 978-1-922106-76-6 Tourism Research Australia Department of Resources, Energy and Tourism GPO Box 1564 Canberra ACT 2601 ABN 46 252 861 927 Email: tourism.research@ret.gov.au Web: www.tra.gov.au Lake Argyle, Western Australia Photographer: Evan Collis Image courtesy of Tourism Western Australia Publication date: April 2013 This work is licensed under a Creative Commons Attribution 3.0 Australia licence. To the extent that copyright subsists in third party quotes and diagrams it remains with the original owner and permission may be required to reuse the material. This work should be attributed as Tourism Forecasting Committee, Forecast 2013 Issue 1, Tourism Research Australia, Canberra. Enquiries regarding the licence and any use of work by Tourism Research Australia are welcome at tourism.research@ret.gov.au ii Contents Background........................................................................................................................................................................ 1 Methodology ...................................................................................................................................................................... 2 Executive summary ........................................................................................................................................................... 5 Drivers of tourism forecasts ........................................................................................................................................... 10 Australian tourism performance .................................................................................................................................... 14 Domestic and outbound tourism forecasts................................................................................................................... 16 Inbound tourism forecasts ............................................................................................................................................. 19 Uncertainties and risks ................................................................................................................................................... 21 Asia-Pacific ...................................................................................................................................................................... 35 China ........................................................................................................................................................................ 35 Hong Kong ................................................................................................................................................................ 37 India .......................................................................................................................................................................... 39 Indonesia .................................................................................................................................................................. 41 Japan ........................................................................................................................................................................ 43 Malaysia.................................................................................................................................................................... 45 New Zealand............................................................................................................................................................. 47 Singapore ................................................................................................................................................................. 49 South Korea .............................................................................................................................................................. 51 Thailand .................................................................................................................................................................... 53 Rest of Asia .............................................................................................................................................................. 54 Europe .............................................................................................................................................................................. 55 France....................................................................................................................................................................... 55 Ireland ....................................................................................................................................................................... 56 Germany ................................................................................................................................................................... 57 United Kingdom ........................................................................................................................................................ 59 Rest of Europe .......................................................................................................................................................... 61 Canada ..................................................................................................................................................................... 62 United States ............................................................................................................................................................ 62 Other Markets .................................................................................................................................................................. 65 Middle East and North Africa .................................................................................................................................... 65 South Africa .......................................................................................................................................................... …66 Rest of the World ...................................................................................................................................................... 67 iii Tables Table 1 TFC forecast summary 8 Table 2 Domestic tourism 22 Table 3 Domestic visitor nights in hotels, motels, guesthouses and serviced apartments 23 Table 4 Short-term resident departures by market, financial year 24 Table 5 International visitor arrivals by market, financial year 25 Table 6 International visitor arrivals by purpose of visit, financial year 26 Table 7 International leisure visitor arrivals by market, financial year 27 Table 8 International visitor nights by market, financial year 28 Table 9 International visitor nights in hotels, motels, guesthouses & serviced apartments by market, financial year 29 Table 10 International leisure visitor nights by market, financial year 30 Table 11 International leisure visitor nights in hotels, motels, guesthouses & serviced apartments by market, financial year 31 Table 12 Real Total Inbound Tourism Expenditure by market, financial year 32 Table 13 Inbound leisure tourism expenditure by market, financial year 33 Table 14 International visitor arrivals: China 36 Table 15 International visitor arrivals: Hong Kong 38 Table 16 International visitor arrivals: India 40 Table 17 International visitor arrivals: Indonesia 42 Table 18 International visitor arrivals: Japan 44 Table 19 International visitor arrivals: Malaysia 46 Table 20 International visitor arrivals: New Zealand 48 Table 21 International visitor arrivals: Singapore 50 Table 22 International visitor arrivals: South Korea 52 Table 23 International visitor arrivals: Thailand 53 Table 24 International visitor arrivals: Rest of Asia 54 iv Table 25 International visitor arrivals: France 55 Table 26 International visitor arrivals: Ireland 56 Table 27 International visitor arrivals: Germany 58 Table 28 International visitor arrivals: United Kingdom 60 Table 29 International visitor arrivals: Rest of Europe 61 Table 30 International visitor arrivals: Canada 62 Table 31 International visitor arrivals: United States 64 Table 32 International visitor arrivals: Middle East and North Africa 65 Table 33 International visitor arrivals: South Africa 66 Table 34 International visitor arrivals: Rest of the World 67 Figures Figure 1 Domestic visitor nights: history and forecast 17 Figure 2 Short term resident departures: history and forecast 18 Figure 3 International visitor arrivals: history and forecast 20 v Background Tourism Forecasting Committee (TFC) The TFC was established in 2004 following the implementation of the Tourism White Paper. Like its predecessor, the Tourism Forecasting Council, the TFC is an independent body charged with providing present and potential tourism investors, industry and government with consensus forecasts of activity across international, domestic and outbound tourism sectors. The resources to run the TFC are provided by Tourism Research Australia (TRA). Chaired by Bernard Salt (KPMG), the TFC's membership draws on the combined expertise of the private and public sectors in the tourism and financial industries. The TFC is supported by a technical committee that also has a mixture of private and public sector representation and relevant experience to inform decision making. The Tourism Forecasting Committee Bernard Salt (Chair) KPMG Andrew McEvoy Tourism Australia Daniel Gschwind Queensland Tourism Industry Council Trent Zimmerman (Acting) Tourism & Transport Forum Ivan Colhoun ANZ Bank Helen Cox (Acting) Department of Resources, Energy and Tourism Felicia Mariani Australian Tourism Export Council Ian Hill Australian Capital Tourism Tony Webber Webber Quantitative Consulting Leo Jago Tourism Research Australia The Tourism Forecasting Committee Technical Committee Leo Jago (Chair) Tourism Research Australia Adele Labine-Romain Tourism & Transport Forum Ernst Krolke Airport Coordination Australia Jeff Oughton Economic Consultant Karen Wales Jones Lang LaSalle Hotels Nell Anderson Tourism Australia Robert Boyd Virgin Australia Karen McGuigan Department of Immigration and Citizenship Tim Quinn Tourism Research Australia George Chen Tourism Research Australia Ben Pang Tourism Research Australia 1 Methodology Forecasting process The TFC forecasts represent the most likely outcomes given past trends, current information and the impact of policy and industry changes. Therefore, it is important to note that the TFC produces ‘forecasts’ as distinct from ‘targets’ where the latter are developed for business planning purposes and performance management. The TFC forecasts for domestic, outbound and inbound travel volumes and expenditures are developed using an iterative process. The first iteration involves the TRA Forecasting Unit estimating activity and expenditure using a combination of econometric and time series models. These models provide forecasts based on aviation capacity, price, income and seasonality as well as significant events affecting source markets. The second iteration involves a sub-committee (the TFC Technical Committee) made up of senior researchers and economists as well as independent advisors reviewing the model-based forecasts and applying qualitative adjustments. The final iteration involves industry and government experts (the TFC) adjusting the forecasts by consensus. Methodological changes TRA undertook a major methodological review of its National Visitor Survey (NVS) and International Visitor Survey (IVS) in 2012. The review resulted in changes to many tourism region boundaries and the reweighting of individual categories (notably education and employment). The revisions led to the re-estimation of historical data on total expenditure (IVS and NVS combined) and changes across inbound expenditure and domestic expenditure (mainly for business). The methodological review also resulted in significant upward revisions to the base of domestic volumes and expenditure. During checking for the December 2012 NVS, TRA identified errors relating to June Quarter 2012 input data for domestic overnight travel supplied by the external NVS contractor. Correction of the error has occurred and led to downward revisions for overnight trip, visitor night, and overnight trip expenditure estimates for the year ending June and September 2012. These revisions (for year-end periods) amount to around 2 per cent lower than originally published (for the June quarter 2012, the revised estimates for the same key metrics are between 8 and 9 per cent lower than previously published). Day trip estimates were not affected. The data revision has also contributed to the updating of domestic tourism forecasts in Forecast 2013, Issue 1. 2 Forecasts purpose classification The definition of 'holiday' travel for inbound and outbound forecast series was updated in Forecast 2012, Issue 1. Previously, travel reported as 'other', 'transit' or 'not stated' were included as components of holiday. Based on detailed analysis, travel reported as 'other' and 'transit' is now combined with education and employment in a broader 'other' purpose category, while 'not stated' travel is included in inbound and outbound totals only (i.e. it is not categorised to a specific purpose category such as ‘holiday’ or distributed across purpose categories). As a result, inbound and outbound historical estimates and forecasts for 'holiday' (and leisure) in the following editions of the forecasts will appear lower, and equivalent figures for 'other' travel will appear higher than in previous forecast issues. The definition of 'holiday' travel in the domestic forecast series has also been revised. In this case, it has been extended to include nights spent away on long trips where the purpose of visit to each stopover is not established. Previously, these visitor nights had been classified as 'other' but examination has determined that this is predominantly holiday travel. As a result, historical estimates and forecasts for 'holiday' in this edition of the forecasts will appear slightly higher and those for 'other' slightly lower than in previous forecast issues. Main data sources Asia-Pacific Consensus Forecasts, March 2013 Issue, Consensus Economics Inc. Australian Bureau of Statistics - Overseas Arrivals and Departures, February 2013 (ABS Cat. No. 3401.0) - Tourist Accommodation, December 2012 (ABS Cat. No. 8635.0) Bureau of Infrastructure, Transport and Regional Economics (BITRE) - Domestic airline activity January 2013 - International airline activity 2011–12 Consensus Economics Inc., Consensus Forecasts, March 2013 Issue Consensus Economics Inc., Foreign Exchange Consensus Forecasts, March 2013 Issue Deloitte Access Economics (2012) Tourism and Hotel Market Outlook, Q4, 2012 Department of Resources, Energy and Tourism (2009) National Long-Term Tourism Strategy Department of Immigration and Citizenship (2013), Overseas Arrivals and Departures (unpublished) International Air Transport Association (2013) Air Passenger Market Analysis, January 2013 Tourism Forecasting Committee (TFC), Forecast, various issues, Tourism Research Australia 3 Tourism Research Australia (TRA) - International Visitors in Australia: December 2012 Quarterly Results of the International Visitor Survey - Travel by Australians – December 2012 Quarterly Results of the National Visitor Survey - State of the Industry, 2012 - Tourism Investment Monitor, 2012 4 Executive summary Despite the many downside risks to the world economic outlook, growth in the Asia-Pacific economies continues to be faster than those of advanced economies. Adding to the positive note are continuing signs of improvement in the prospects for the US economy, but the Euro zone debt issue continues to cause concern and is driving declines in business and consumer confidence. Reflecting these mixed prospects, economic growth forecasts have been revised down for many advanced economies for 2013 since the last forecast issue released in October 2012. The Australian economy provides mixed signals for the forecast horizon. Capital spending in the resources sector is running close to trend but expectations are for this sector to soften and with that, greater opportunity will open up in other parts of the economy. Unemployment is increasing despite rising retail spending; domestic tourism expenditure continues to grow as Australians travel at home more than in recent years. Along with cautious consumers, rising unemployment, global economic concerns, an associated correction in the Australian share market, and a looming election are likely factors that may limit growth. After a period of solid growth in recent years in the aviation sector, activity in the global air travel market has accelerated in recent quarters. As a result, inbound capacity to Australia has been revised up for both 2012–13 and 2013–14. On domestic accommodation, supply has remained relatively flat but as demand has risen, so too have yields which are expected to continue to rise in the medium term. Against this backdrop, a number of revisions have been made resulting in a more positive story for inbound and domestic tourism. Forecasts for outbound departures have been revised down resulting in Australia’s net arrivals deficit reducing from the previously forecast 3.4 million in 2021–22 to 2.3 million in the current forecast. 5 Key messages (refer Table 1) Total Domestic Tourism Expenditure (TDTE)1 and Total Inbound Tourism Expenditure (TITE) will grow at different speeds in the short term… With strong growth in domestic day travel and assumed resilience in overnight travel, Total Domestic Tourism Expenditure (which captures expenditure from each of these segments) is forecast to increase by 2.5 per cent to $71 billion in 2012–13, and by a further 1.4 per cent to $72 billion in 2013–14. Total Domestic Tourism Expenditure is now expected to grow at an average annual rate of 1.1 per cent to $77 billion by 2021–22. Total Inbound Tourism Expenditure is expected to increase 5.4 per cent to $29 billion in 2012–13, and then by 5.9 per cent to $30 billion in 2013–14. Total Inbound Tourism Expenditure is forecast to grow at an average annual rate of 3.8 per cent, to $40 billion by 2021–22. Total tourism expenditure is forecast to increase by 3.3 per cent to $99 billion in 2012–13, and then by a further 2.7 per cent to $102 billion in 2013–14. Total tourism expenditure is forecast to grow by an average annual rate of 1.9 per cent to $116 billion by 2021–22. Domestic visitor nights to grow moderately in the short and medium term… Domestic visitor nights are forecast to increase by 2.5 per cent to 285 million in 2012–13, and then by a further 1.2 per cent to 289 million in 2013–14. This represents an upward revision from previously forecast growth of 2.1 per cent for 2012-13, but a slight downward revision from the previously forecast 1.4 per cent for 2013-14. The upward adjustment to the forecast for 2012–13 is associated with the stronger-than-expected growth for the business and holiday segments for the July to December 2012 period. The long-term growth has also been revised up from 0.8 per cent to 1.0 per cent. Domestic visitor nights are now forecast to reach 307 million by 2021–22. 1 The measures of total tourism expenditure, total domestic expenditure and total inbound expenditure are presented in real terms in this publication. As a result, all historical estimates and forecasts to 2021–22 are shown in December 2012 dollars. To enable comparison of growth rates, forecasts from Forecast 2012, Issue 1 have been adjusted to report on a financial year basis. 6 Outbound resident departures to slow down in the near future… Australian resident outbound departures are forecast to grow by 4.1 per cent to 8.4 million in 2012–13, and then by a further 4.7 per cent to 8.8 million in 2013–14. These levels are lower than previously forecast, largely due to lower-than-expected historical departures (compared to the previous forecast) and observed changes in the outbound travelling behaviour. The long-term outlook for outbound travel is for average annual growth of 2.9 per cent with departures reaching 10.7 million by 2021–22. Inbound arrivals to gain more momentum in coming years… Inbound visitor arrivals are forecast to increase 4.6 per cent to reach 6.3 million in 2012–13, and then by a further 4.2 per cent to 6.5 million in 2013–14 (up from the 2.3 per cent and 3.7 per cent growth previously expected). The upward revisions are largely due to an increase in air capacity expected from the Asia-Pacific region, and partly due to higher expectations of economic growth for 2013 and 2014 in some of the Asia-Pacific countries including China. Markets expected to drive growth in 2012–13 and 2013–14 are China (up 15.9 per cent and 10.4 per cent respectively), Malaysia (up 13.9 per cent and 9.1 per cent), Singapore (up 12.5 per cent and 4.8 per cent) and India (up 7.5 per cent and 7.6 per cent). Upward revisions in 2012–13, for both the United States (from 1.5 per cent to 4.9 per cent) and New Zealand (from 0.6 per cent to 1.6 per cent) are a result of both the higher-thanexpected arrival figures in the first half of 2011–12 and a continuing recovery for both source economies. By purpose, Visiting Friends and Relatives (VFR), Holiday, Other and Business travel are projected to grow 6.5 per cent, 5.4 per cent, 2.4 per cent and 2.2 per cent respectively in 2012–13, and then by a further 3.9 per cent, 4.5 per cent, 5.0 per cent and 3.9 per cent respectively in 2013-14. Strong growth from Asia is expected to be particularly important to the performance of the inbound tourism sector in the short and longer term. By 2021–22, Asia's share of inbound arrivals is expected to increase from 42 per cent in 2011–12 to 46 per cent. The long-term outlook has been upgraded with an average annual growth rate of 3.5 per cent. The forecasts show that 8.4 million arrivals are expected by 2021–22. 7 Table 1 TFC forecast summary Inbound Change on Domestic Change on Outbound Change on visitor previous visitor previous depart. previous arrivals year nights year year '000 per cent million per cent '000 per cent 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 5 4 4 5 5 5 5 5 5 5 5 5 6 6 6 7 7 7 7 7 8 8 a TITE Change on (real) previous year $billion per cent b TDTE Change on (real) previous year $billion per cent c Expenditure Change on (real) previous year $billion per cent 031 768 656 057 408 484 641 629 541 692 907 981 257 517 779 032 271 496 725 959 198 441 n.a. - 5.2 - 2.4 8.6 6.9 1.4 2.9 - 0.2 - 1.6 2.7 3.8 1.2 4.6 4.2 4.0 3.7 3.4 3.1 3.1 3.0 3.0 3.0 291.6 288.7 302.3 295.9 289.7 280.4 289.1 285.5 263.4 264.3 266.2 278.3 285.2 288.6 291.4 293.9 296.2 298.4 300.7 302.9 305.2 307.4 n.a. - 1.0 4.7 - 2.1 - 2.1 - 3.2 3.1 - 1.3 - 7.7 0.3 0.7 4.5 2.5 1.2 1.0 0.8 0.8 0.8 0.8 0.7 0.7 0.8 3 577 3 368 3 293 3 937 4 591 4 835 5 127 5 699 5 843 6 770 7 443 8 037 8 367 8 760 9 090 9 341 9 569 9 803 10 033 10 265 10 502 10 745 n.a. - 5.9 - 2.2 19.5 16.6 5.3 6.0 11.2 2.5 15.9 9.9 8.0 4.1 4.7 3.8 2.8 2.4 2.4 2.4 2.3 2.3 2.3 29.1 28.1 26.3 26.1 26.1 27.1 27.7 29.1 29.8 27.2 27.4 27.2 28.7 30.3 31.6 32.8 34.0 35.0 36.1 37.1 38.4 39.5 n.a. - 3.4 - 6.5 - 0.4 - 0.2 4.0 2.1 4.9 2.4 - 8.5 0.8 - 0.8 5.4 5.8 4.2 3.8 3.5 3.0 3.1 2.8 3.4 3.1 70.4 67.4 69.5 66.0 65.2 66.8 69.4 70.4 66.2 66.8 64.5 68.7 70.5 71.5 72.2 72.9 73.6 74.2 74.8 75.5 76.1 76.8 n.a. - 4.2 3.0 - 5.1 - 1.2 2.6 3.9 1.4 - 6.0 0.9 - 3.5 6.6 2.5 1.4 1.1 0.9 0.9 0.9 0.9 0.9 0.9 0.9 99.5 95.5 95.7 92.1 91.3 94.0 97.1 99.5 95.9 94.0 91.9 95.9 99.1 101.8 103.8 105.7 107.5 109.2 110.9 112.6 114.5 116.4 n.a. - 4.0 0.2 - 3.8 - 0.9 3.0 3.4 2.4 - 3.5 - 2.0 - 2.2 4.4 3.3 2.7 2.0 1.8 1.7 1.5 1.6 1.5 1.7 1.6 3.4 1.2 4.0 3.0 - 0.0 -0.8 1.3 0.7 - 8.8 9.4 3.6 2.3 - -0.3 -0.4 4.6 3.1 - 0.6 -0.2 1.4 0.9 - 0.3 -0.3 2.3 1.6 - 2.3 3.5 - -0.4 1.0 - 9.1 2.9 - -0.3 3.8 - 0.2 1.1 - 0.0 1.9 - Numbers shaded are forecasts Total Inbound Tourism Expenditure (TITE) including prepaid international airfare and package (real, Base = Q4 2012) b Total Domestic Tourism Expenditure (TDTE) including the expenditure in domestic day trip and overnight trip (real base = Quarter 4 2012) a c Expenditure refers to total expenditure made in Australia by international short-term visitor arrivals and Australian resident tourists. It is the sum of real TITE and real TDTE (Q4 2012=100) 8 9 Drivers of tourism forecasts The global economic outlook Latest macroeconomic forecasts expect the world economy to grow by 2.5 per cent in 2013 before picking up to 3.2 per cent in 2014, which is slightly lower than previously forecast. World economic growth is being largely driven by emerging economies like China and India and being assisted by the continuing economic recovery in the United States. Sentiment toward these economies has improved, but there is increased downside risk with Europe. In the Asia-Pacific region, there have been minor upward revisions to the growth expected for China, Malaysia, Indonesia and Thailand for 2013, while downward revisions have been made to India and South Korea. The minor upward revision to China reflects the recent expansionary policy moves by the People’s Bank of China and some measures introduced by the Chinese government to stimulate the slowed economy. The political environment on the Korean Peninsula is likely to impact on travel in the short term. The Japanese economy is forecast to grow at a rate higher than the long-run average, both in the short and medium term, partly due to recent expansionary policy moves by the Bank of Japan. While the economy appears to have shown signs of recovery following the 2011 earthquake and tsunami, risks continue to surround this market. Despite the increasing pressure of fiscal consolidation, there continue to be signs of improvement for the United States. Its short-term economic outlook has improved as consumer and business confidence, and job and house markets are now in better shape than six months ago, partly due to the Federal Reserve’s continuing expansionary monetary policy. In Europe, however, the Euro zone sovereign debt crisis continues to haunt the global financial markets and impacts European economies, including the larger economies—such as Germany and France—resulting in substantial growth markdowns for 2013. The most recent debt crisis in Cyprus indicates that there will not be permanent solutions in the short term. The Euro zone economy is forecast to contract 0.3 per cent in 2013 before a likely pick-up to 1.0 per cent in 2014. The short-term economic outlook for the United Kingdom has continued to deteriorate, with economic growth forecasts revised down from the previously forecast 1.4 per cent growth to now 0.9 per cent growth in 2013. Continuing weakness in the medium term growth outlook has prompted ratings agencies to downgrade its domestic and foreign-currency government bond ratings and highlights the increasing challenges to the United Kingdom government’s fiscal consolidation efforts. The strengthened fiscal consolidation will tend to have a dampening effect on domestic demand and household incomes, leading to a reduction in consumers’ discretionary expenditure on overseas travel. Reflecting the above-mentioned world economic outlook, it is expected that most growth in inbound tourism demand to Australia in 2012–13 and 2013–14 will continue to come from the Asia-Pacific region and North America. In contrast, near-term prospects for visitor arrivals from Europe remain pessimistic with a higher degree of risk attached, compared to forecasts contained in Forecast 2012, Issue 2. 10 Australia's economic outlook The Australian economy is highly exposed to the headwinds of the global economy. Despite this, economic prospects remain solid compared with those of many developed economies. A range of indicators suggest that the Australian economy is running close to trend led by large increases in capital spending in the resources sector. However, with investment in resources assessed as near its peak, the Reserve Bank of Australia anticipates greater opportunity for demand to build in other parts of the economy in the period ahead. For Australian households (and businesses) there have now been six successive cuts in official interest rates since November 2011. Signs are now emerging that this easing in interest rates has had desired outcomes. Demand for a range of consumer items is improving; house prices are starting to rise; dwelling construction is increasing; and local financial markets are picking up. A marked improvement in consumer sentiment—up 9.9 per cent—in February and March 2013 is a promising sign for domestic tourism, but a rising unemployment rate, global concerns, an associated correction in the share market, and a looming election are likely behind April’s 5.1 per cent fall in consumer sentiment. Of particular note was the fall in ‘time to buy a major household item’ (down 7.6 per cent). While these forecasts expect modest growth in private consumption, constrained public spending and a continued softening in the labour market are expected in the period ahead. This environment is likely to have a constraining effect on big-ticket tourism expenditure such as outbound, with the domestic tourism sector benefiting. Australia’s terms of trade remain much higher than their long-term average. The Australian dollar has also remained high, currently trading at US$1.04. This continues to be a factor in the weaker performance of key trade (currency) exposed industries in the Australian economy such as tourism. The Australian dollar is expected to hold at around US$1.04, depreciating to US$0.99 over the period to 2015. Outlook for aviation demand and capacity According to the International Air Transport Association (IATA), after a period of solid growth in recent years, growth in global air travel accelerated from late-2012. Between October 2012 and January 2013, revenue passenger kilometres (RPKs), a key indicator of demand, increased 9.0 per cent—well above the 5.0 per cent growth recorded throughout 2012. Around half of this growth was driven by Asia-Pacific airlines with passenger demand up 5.2 per cent in 2012 and up 3.0 per cent in January 2013. In contrast, air passenger demand in Europe remains weak, up 2.1 per cent in January 2013, despite an increase of 5.3 per cent in 2012. Demand for air travel in North America increased 1.9 per cent in 2012 and 1.5 per cent in January 2013. IATA forecast that global demand will remain strong in 2013 (up 5.4 per cent), underpinned by improving global business confidence, strong economic growth across the Asia-Pacific region, and an improving US economy. IATA has also raised its profit forecasts for the global airline industry, with the combined net post-tax profit margin forecast up 1.6 per cent from the previously forecast 1.3 per cent for 2013. However, ongoing debt issues and subsequent dampening to economic growth are likely to see continued muted growth in the Euro zone aviation capacity. In line with the continuing improvement in the global air travel market, especially robust passenger travel demand from emerging markets, seat capacity to Australia is expected to grow solidly over the next two years. After increasing 3.6 per cent in 2011–12, total inbound capacity growth is expected to increase 6.7 per cent in 2012–13 and then 6.0 per cent in 2013–14—higher 11 than its trend growth of 5.2 per cent. In the medium and long term, aviation capacity is expected to increase at an average annual rate of 3.9 per cent, which is lower than trend. Contributing to the short and medium-term expansion are new capacities created by airlines in emerging markets. In particular, Chinese airlines are now flying on new routes between Australia and China’s ‘second-tier’ cities such as Chengdu, Nanjing and Hainan. However, these opportunities could be restrained by limited capacities in major capital cities. Similar to the global pattern, future growth in Australia’s inbound aviation capacity is expected to be primarily sourced from Asia-Pacific markets, while direct capacity from Europe is likely to continue to contract—a trend that has emerged since the middle of the last decade. Qantas’ restructuring of its international services is also instrumental to this transitional growth pattern. Under the pressure of competition from Asian airlines, especially the low cost carriers (LCC), Qantas is restructuring its European services and adopting an Asia-focused growth strategy. According to this new strategy, Qantas’ European services are delinked from Asian routes and flights are rescheduled with the timing to better suit the needs of Asian travellers in Asian hubs including Singapore, Hong Kong and Bangkok. Furthermore, both Qantas and Virgin Australia are strengthening their Asian links through partnerships with Asian airlines in various forms including joint ventures with Asian airlines and code sharing on international flights. Under these changed circumstances, seat capacities from Singapore, China, Malaysia and Japan are expected to increase 30 per cent, 22 per cent, 21 per cent and 11.4 per cent respectively in 2012–13, and then 11.1 per cent, 6.1 per cent, 10.1 per cent and 6.1 per cent respectively in 2013–14. In contrast, as a result of the new strategy, which in turn reflects the likely on-going weak economic growth in Europe, direct inbound seat capacity from Europe to Australia is forecast to decline. The direct air capacities between the United Kingdom and Australia are expected to decrease 30 per cent in 2012–13 with a further decrease of 5.5 per cent in 2013–14. However, the air traffic between Europe and Australia will be connected through the hubs in the Middle East (Dubai, Abu Dhabi and Doha) and Asia (Hong Kong, Singapore and Bangkok). Qantas and Emirates have formed a comprehensive alliance from April 2013, which included Qantas re-routing some of its London services via Dubai. The alliance also included a code sharing arrangement between Qantas and Emirates on their respective domestic and European services, and reciprocal access to frequent flyer programs and lounges. Meanwhile, Etihad and Virgin Australia’s comprehensive alliance has also improved access between Europe and Australia. With Qantas’ restructuring and partnership with Emirates Airlines and Virgin Australia’s alliance with Etihad, growth in aviation capacity from the Middle East is expected to increase substantially in the coming two years, up 15.6 per cent in 2012–13, and then 11.0 per cent in 2013–14. On the other hand, growth in direct capacity from New Zealand—which accounted for 20 per cent of total inbound aviation capacity in 2011–12—is likely to slow in 2012–13, partially reflecting the slower domestic economic backdrop in New Zealand combined with the switching of trans-Tasman capacity by Virgin Australia to other regions. Seat capacity between the United States and Australia is expected to record a solid growth of 5.7 per cent in 2012–13, and then 4.0 per cent in 2013–14. This assumption is driven by the improvement in consumer sentiment and continuing economic recovery, especially in the US job market. Notable recent additions include additional services between Brisbane and Hawaii, largely due to strong demand from outbound visitors from Australia. 12 On the domestic front, available seat kilometres—a key measure for domestic airline capacity— rose by 9.9 per cent to 45 billion during July to December 2012, well above its five-year average growth rate of 5.0 per cent. This growth reflects the ongoing strong competition on inter-city pairs, combined with strong demand for aviation services in regional areas (servicing Fly-In/Fly-Out workers). It is anticipated that this growth will continue through the second half of the financial year, pushing up domestic aviation capacity by 11.2 per cent in 2012–13. In 2013–14, domestic aviation capacity is expected to increase 6.3 per cent, higher than its long-run average rate. This forecast is largely driven by major airlines competing for a larger share in the domestic air travel market. In the medium to longer term, however, pressure for higher profitability is more likely to force the two major domestic airlines to revert to a long-run average growth rate of about 4.0 per cent. Performance and outlook for tourist accommodation Key supply and demand indicators for the year ending December 2012 (compared to the year ending December 2011) showed that the demand for tourist accommodation in Australia increased. The number of room nights occupied was up by 1.8 per cent to 55 million nights, and takings from accommodation were up by 5.1 per cent in nominal terms to $9 billion. The supply of tourist accommodation in Australia grew in the year ending December 2012 (compared to the same period in 2011) with the number of rooms available up 1.2 per cent (or 2,700 rooms) to 229,300. Combining the results for supply and demand suggests that yields per room night available increased by 2.3 per cent to $108 (in real terms). Consistent with Deloitte Access Economics and Jones Lang LaSalle Hotels, TRA expects room occupancy rates and room stock to increase by a modest 1.0 per cent per annum to 2016 for the ten major domestic markets. 13 Australian tourism performance Solid growth in domestic travel Underpinned by a strong December quarter, there was solid growth in domestic overnight trips, visitor nights and overnight trip expenditure during 2012. In 2012, overnight trips increased 4.0 per cent to 75 million, visitor nights increased 4.0 per cent to 282 million, and overnight trip expenditure rose 3.0 per cent to $50 billion. In 2012, growth in domestic overnight travel was led by the Visiting Friends and Relatives (VFR) sector while the Holiday and Business sectors also experienced modest increases. Overnight trips for VFR were up 7.0 per cent, while visitor nights and overnight expenditure for this purpose increased by 9.0 per cent and 15.0 per cent respectively over this period. In comparison, Holiday trips were up 3.0 per cent and nights and expenditure grew by 1.0 per cent, while for Business, growth was 1.0 per cent for overnight trips, 7.0 per cent for nights and 3.0 per cent for overnight trip expenditure. Domestic day travel grew strongly in 2012 with trips up 8.0 per cent to 174 million and day trip expenditure up 11.0 per cent to 18.2 billion. This was despite a soft December quarter in which day trips fell 1.0 per cent to 41 million and day trip expenditure recorded growth of 2.0 per cent (to $4.8 billion). Growth in domestic day travel for the 2012 calendar year was led by Holiday and VFR travel. The number of trips for Holiday and VFR increased by 10.1 per cent and 8.1 per cent respectively, while day trip expenditure grew by 9.0 per cent (Holiday) and 8.4 per cent (VFR) in real terms. Growth in Business day trips was more modest (3.1 per cent), but expenditure was up 18.9 per cent in 2012 year-on-year in real terms. Moderate growth in outbound travel Although there continues to be solid growth in the number of Australians travelling overseas, the rate of increase for the outbound sector has continued to moderate. Overseas Arrival and Departure (OAD) data indicate that Australians took 8.2 million overseas trips (up 4.9 per cent) over the last 12 months ending February 2013—1.8 percentage points lower than its five-year average of 6.7 per cent. For the year ending September 2012, Australians aged 15 years or more spent 144 million nights travelling overseas (up 5.0 per cent), with expenditure of $42 billion (up 3.0 per cent). 14 Solid growth in international visitors Short-term international visitor arrivals increased by 5.0 per cent to 6.2 million over the 12 month period ending February 20132, year-on-year. Arrivals from eight of Australia’s top ten inbound markets were higher, led by China (up 18.7 per cent), Malaysia (up 12.2 per cent), Singapore (up 11.3 per cent), Hong Kong (up 7.3 per cent), India (up 6.5 per cent), Japan (up 6.4 per cent), the United States (up 5.8 per cent) and New Zealand (up 2.3 per cent). Visitors from the United Kingdom and South Korea declined 3.0 per cent and 1.8 per cent respectively. By purpose, over the last 12 months ending February 2013, VFR travel increased 6.3 per cent, Holiday travel increased 6.2 per cent, Business travel increased 2.3 per cent and Employment increased 5.6 per cent, while Education declined 2.5 per cent. In 2012, visitor nights increased 5.9 per cent to 218 million while expenditure increased 2.2 per cent to $28 billion. The figures are based on the data on “Overseas Arrivals and Departures” (OAD) monthly published by the Australian Bureau of Statistics, which is slightly different from the historical data used in the TFC tourism forecasts. These data are sourced from the Department of Immigration Citizenship unpublished data on overseas arrivals and departures. 2 15 Domestic and outbound tourism forecasts Domestic tourism forecasts Since the Global Financial Crisis, domestic travel has consistently shown signs of resilience in the face of many challenges including the persistently higher Australian dollar, lower consumer discretionary spending, and natural disasters, such as cyclones and floods. Overnight trips for the first half of the 2012–13 financial year grew by 2.5 per cent, a rate stronger than previously expected (with 2012–13 previous forecast set at 2.1 per cent). Double digit growth in domestic air capacities in 2012–13 provides further support for sustained domestic travel growth. In addition, marketing activities by government and industry, at various levels and various forms, will provide a positive environment for the domestic sector. It is anticipated that this momentum will continue throughout the rest of 2012–13 and the following year. Domestic visitor nights are now forecast to increase by 2.5 per cent to 285 million in 2012-13, and then by a further 1.2 per cent to 289 million in 2013–143. This compares to the previous forecast of 2.1 per cent for 2012–13 and 1.4 per cent for 2013–14 (refer Figure 1). Apart from the higher-than-expected historical data, the upward revision of the forecast growth of domestic visitor nights for 2012–13 is also attributed to six consecutive interest rate reductions since late 2011, as well as the continued relatively low unemployment rate. By purpose, a more optimistic short-term outlook for 2012-13 is largely due to stronger growth in business travel and holiday travel than previously expected, and a shift away from outbound travel. The longer-term outlook for domestic visitor nights is for growth of 1.0 per cent through to 2021-22. Domestic visitor nights are now expected to reach 307 million by 2021–22. This rate of growth is approximates the ABS’ population growth projections. While overall the short-term and, to a lesser extent, long-term prospects for domestic visitor nights have improved, variability is still expected between different areas of Australia. These differences will be examined in the TFC regional forecasts to be released within four weeks of this publication. 3 TRA reissued the previously published NVS publications for June and September 2012, leading to downward revisions for overnight trips, visitor nights, and overnight trips expenditure estimates for the year ending June and September 2012. The data revision has also contributed to the updating of domestic tourism forecasts in this forecasting round. 16 Total Domestic Tourism Expenditure (TDTE)4 is forecast to increase by 2.5 per cent to $70 billion in 2012–13, then by a further 1.4 per cent increase to $71 billion in 2013–14. In the longer term, domestic tourism expenditure is expected to record an average annual growth of 1.1 per cent and reach $77 billion by 2021–22. Figure 1: Domestic tourism – history and forecast Source: National Visitor Survey, 2012, Tourism Research Australia; Tourism Forecasting Committee Forecast 2013 Issue 1, Tourism Research Australia 4 The measures of Total Tourism Expenditure, TDTE and TITE are presented in real terms in this publication. All historical estimates and forecasts to 2021–22 for these measures are based on December 2012 dollars. 17 Outbound tourism forecasts The forecast growth rate of outbound departures has been revised down to 4.1 per cent for 2012-13 and 4.7 per cent for 2013–14, from the previously forecast 6.9 per cent and 5.1 per cent for each year (refer Figure 2). The value of the Australian dollar is expected to remain relatively steady in the short term and continued expansion in aviation capacity to many key leisure outbound markets is expected. However, while sentiment remains rosy, it is expected to weaken as the 2013 Federal Election looms and with a rising unemployment rate, recent solid retail growth is likely to dissipate leaving Australians more likely to consider domestic travel in a more favourable light than compared to recent years. The downward adjustment to outbound departures is partly attributed to observed changes in outbound travelling behaviour, characterised by the perception that the Australian dollar will continue at its current level. With this perception, Australian travellers tend to plan and spread outbound departures over a longer period of time, with travellers’ choice being likely tilted towards domestic travel in the short term. In the longer term, the average annual growth for outbound resident departures is now expected to be 2.9 per cent with departures reaching 10.8 million by 2021–22. Figure 2: Short-term resident departures – history and forecast Source: Australian Bureau of Statistics Overseas Arrivals and Departures, February 2013 (ABS Cat No 3401.0); Tourism Forecasting Committee Forecast 2013, Issue 1, Tourism Research Australia 18 Inbound tourism forecasts Inbound tourism forecast to grow modestly in short and medium term As a result of higher than expected numbers for the first eight months of 2012–13, forecasts for visitor arrivals have been revised up from the previously forecast growth 2.3 per cent and 3.7 per cent in 2012–13 and 2013-14 to 4.6 per cent and 4.2 per cent (to 6.3 million and 6.5 million, respectively). In 2012–13, by purpose, VFR is expected to increase 6.5 per cent followed by Holiday, up 5.4 per cent while Other and Business travel are expected to increase 2.4 per cent and 2.2 per cent respectively. Driving the upward revisions is an improved economic outlook for the Asia-Pacific region (where 42 per cent of Australia’s inbound arrivals are sourced) coupled with increased air capacity. The Northeast Asian markets, North American and New Zealand markets are the major driving forces behind this upward adjustment. Partially offsetting these gains are downward adjustments to markets including the United Kingdom, South Korea and Indonesia. China, Japan, Singapore and Malaysia have been revised up significantly. Inbound arrivals from Asia are expected to increase by 8.7 per cent to 2.7 million in 2012–13, and by a further 6.5 per cent to 2.9 million in 2013–14. China is expected to provide around one fifth of total growth in Total Tourism Expenditure (international and domestic). Markets expected to experience strongest gains in visitor volumes in 2012–13 are China (15.9 per cent), Malaysia (13.9 per cent), Singapore (12.5 per cent) and India (7.5 per cent). By 2021–22, Asia's share of inbound arrivals is expected to increase from 42 per cent to 46 per cent. In contrast, combined inbound arrivals from elsewhere in the world are expected to demonstrate modest growth (1.7 per cent in 2012–13 and then 2.3 per cent in 2013-14). The forecast for arrivals from North America has been upgraded. Inbound arrivals from the United States are forecast to grow 4.9 per cent and 3.1 per cent in 2012-13 and 2013-14 respectively (compared with the previously forecast 1.5 per cent in 2012-13 and 2.5 per cent in 2013-14). Economic uncertainties in Europe remain the most significant downside risk to the forecast inbound arrivals. The outlook for inbound arrivals from Europe is mixed. Arrivals from the United Kingdom are forecast to decline by 2.0 per cent in 2012–13 before a likely increase to 1.3 per cent in 2013–14. When comparing revisions between forecast rounds, the United Kingdom has been revised down marginally with arrivals not expected to return to 2010–11 levels (632,000) until 2016-17. Arrivals from ‘Other Europe’ are forecast to record growth of 4.8 per cent in 2012–13 and a further 2.8 per cent in 2013–14. In the longer term, average annual growth of 3.5 per cent in inbound arrivals is expected to reach 8.4 million by 2021–22. Growth is expected to be supported by a recovering global economy, 19 depreciating Australian dollar, softening in outbound demand providing supply opportunities for inbound arrivals, and increased investment in marketing activities by government tourism-promotion agencies. Total Inbound Tourism Expenditure (TITE)5 is forecast to increase by 5.4 per cent to $29 billion in 2012–13. Longer term, and compared to domestic expenditure, inbound expenditure is forecast to grow at the faster average annual rate of 3.8 per cent to $40 billion in 2021–22 (compared to 1.1 per cent to $77 billion). Figure 3: International visitor arrivals – history and forecast Source: Australian Bureau of Statistics Overseas Arrivals and Departures, February 2013 (ABS Cat No 3401.0); Tourism Forecasting Committee Forecast 2013, Issue 1, Tourism Research Australia 5 The measures of Total Tourism Expenditure, TDTE and TITE are presented in real terms in this publication. As a result, all historical estimates and forecasts to 2021–22 for these measures are shown in December 2012 dollars. 20 Uncertainties and risks The Tourism Forecasting Committee Forecast 2013, Issue 1 is based on latest information available to Tourism Research Australia’s Tourism Forecasting Unit (such as macroeconomic, aviation, and accommodation forecasts as well as leading sentiment indices). As with all industries (and forecasts), tourism forecasts are exposed to external shocks, therefore providing risks that may drive both assumptions and tourism forecasts, either upward or downward. The global economy remains fragile. Upside risks for a range of individual markets and Asia as a region remain. However, the TFC is more optimistic regarding a possible economic recovery in the United States, especially in housing and job markets. This could lift expectations of the US economic growth, and any additional measures by the new Chinese leadership to further spur its domestic economy could constitute a boon to higher world economic growth. The short-term effects of the monetary easing that is occurring in Japan and the Euro zone could be better and faster than expected, enhancing the chance of a more speedy recovery of the world economy. In such a scenario, monetary policies in these countries or regions would tend to be tightened up earlier than expected, resulting in appreciation of home currencies and a favourable exchange rate of the Australian dollar against these currencies, benefiting Australian inbound tourism. In such a case, upside risks are attached to the forecasts of inbound tourism but caution is encouraged.. If any particular region was to be identified as posing significant risk to these forecasts, it is Europe. The TFC notes that if sustained declines in volumes, or visitors, were to occur, a greater effect on the value may be due to the likelihood of both lower average length of stay and lower expenditure per day. On the domestic economy, however, the risks centre around a cautious consumer sentiment, which is likely to get worse as the September 2013 Federal Election looms. The possibility of an improved global economy could result in higher demand for commodities, therefore driving up prices and exerting further upward pressure on the Australian dollar. The wider economy should benefit as such demand would trigger increased investment in the resources and energy sectors. However, it is unclear whether household expenditure would increase. Due to the rising unemployment rate the Reserve Bank may have some wriggle room to adjust rates. With the delivery of the Boeing 787 (Dreamliner) in doubt and in-progress bilateral air agreements being uncertain, downside risks could be attached to the forecasts. In particular, air capacitiesboth to and from Singapore and Malaysia are downside risks. Providing upside opportunities, arrivals from India (especially travel for the VFR sector) would be significantly boosted if the direct flights between India and Australia are resumed in 2013–14. 21 Table 2 Domestic tourism Business Holiday VFR a Other Visitor nights Total ('000) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) Total change per cent Overnight Trips change ('000) per cent Day Trips ('000) change per cent Overnight Trip Day Trip Expenditure Expenditure $million $million b TDTE (real) $million TDTE change per cent 43 789 43 182 46 324 41 767 40 506 41 356 43 517 42 158 37 261 37 987 40 535 43 140 45 556 46 986 47 872 48 431 48 896 49 316 49 691 50 069 50 449 50 833 148 927 144 077 143 395 140 202 139 616 136 270 142 796 143 736 134 033 132 594 132 236 132 567 135 262 135 883 136 610 137 245 138 063 138 906 139 937 140 917 141 919 142 950 85 003 87 344 97 820 101 585 95 910 88 889 89 318 86 582 81 362 80 882 79 687 88 809 91 029 92 516 93 693 94 761 95 709 96 599 97 391 98 190 98 996 99 808 13 909 14 139 14 716 12 318 13 660 13 879 13 502 13 015 10 750 12 798 13 778 13 832 13 362 13 240 13 266 13 426 13 525 13 595 13 659 13 724 13 789 13 855 291 628 288 742 302 255 295 872 289 692 280 394 289 133 285 491 263 406 264 261 266 236 278 348 285 209 288 626 291 441 293 863 296 192 298 415 300 679 302 900 305 153 307 446 -1.0 4.7 -2.1 -2.1 -3.2 3.1 -1.3 -7.7 0.3 0.7 4.5 2.5 1.2 1.0 0.8 0.8 0.8 0.8 0.7 0.7 0.8 73 820 75 048 75 217 74 357 72 178 71 934 73 766 73 528 68 536 68 144 70 977 73 368 75 498 76 641 77 629 78 499 79 168 79 796 80 430 81 053 81 653 82 309 1.7 0.2 -1.1 -2.9 -0.3 2.5 -0.3 -6.8 -0.6 4.2 3.4 2.9 1.5 1.3 1.1 0.9 0.8 0.8 0.8 0.7 0.8 152 765 142 304 143 261 137 899 131 154 131 602 139 539 140 745 144 725 155 075 156 286 168 845 176 928 178 132 179 144 180 089 180 950 181 777 182 609 183 445 184 287 185 135 -6.8 0.7 -3.7 -4.9 0.3 6.0 0.9 2.8 7.2 0.8 8.0 4.8 0.7 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 52 991 51 959 53 744 51 001 50 685 51 607 53 074 54 042 49 737 49 634 48 646 50 843 51 784 52 623 53 315 53 909 54 494 55 063 55 647 56 224 56 800 57 403 17 444 15 486 15 739 14 960 14 481 15 241 16 375 16 357 16 436 17 151 15 815 17 899 18 671 18 833 18 913 18 994 19 059 19 126 19 187 19 252 19 340 19 429 70 435 67 445 69 482 65 961 65 166 66 849 69 449 70 398 66 173 66 786 64 461 68 742 70 454 71 455 72 228 72 903 73 553 74 189 74 834 75 476 76 141 76 832 -4.2 3.0 -5.1 -1.2 2.6 3.9 1.4 -6.0 0.9 -3.5 6.6 2.5 1.4 1.1 0.9 0.9 0.9 0.9 0.9 0.9 0.9 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 0.2 -0.2 2.5 0.8 -0.2 -1.5 0.8 0.7 0.4 -0.1 1.5 0.8 -0.9 0.5 -0.4 0.5 0.0 -0.8 1.3 0.7 - -0.3 -0.1 1.5 0.8 - -0.4 3.9 1.4 0.5 - 0.4 -0.9 1.4 1.0 1.1 1.8 1.3 0.4 0.6 -0.2 1.4 0.9 - 2001/02-2011/12 2011/12-2021/22 0.0 1.7 -0.8 0.8 0.2 1.2 -0.2 0.0 -0.4 1.0 - -0.2 1.2 - 1.7 0.9 - -0.2 1.2 1.5 0.8 0.2 1.1 - a b Visiting friends and relatives Total Domestic Tourism Expenditure (TDTE) including the expedniture in domestic day trip and overnight trip (real base = Quarter 4 2012) 22 Table 3 Domestic visitor nights in hotels, motels, guesthouses and serviced apartments Business Holiday VFRa Other Total change HMGSAb share per cent per cent 832 941 485 945 951 111 043 131 092 293 728 475 681 339 869 182 474 727 984 244 440 755 n.a. 0.1 4.6 -0.7 1.3 -3.5 2.5 2.6 -11.0 3.0 -0.8 1.0 2.9 2.1 1.9 1.6 1.6 1.5 1.5 1.5 1.4 1.5 26.3 26.6 26.6 27.0 27.9 27.9 27.7 28.8 27.7 28.5 28.1 27.1 27.2 27.5 27.7 28.0 28.2 28.4 28.6 28.8 29.0 29.2 Total ('000) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 23 23 25 24 23 23 25 24 22 21 24 24 25 26 27 28 29 29 30 31 32 32 026 809 589 001 183 429 435 308 845 982 357 120 635 881 784 515 207 934 651 383 041 822 41 41 42 41 44 42 43 45 39 40 37 38 39 39 39 39 40 40 40 41 41 41 709 400 075 824 547 395 301 680 115 712 982 558 102 249 564 811 103 402 754 090 424 793 9 8 9 11 10 8 8 9 8 8 8 9 9 10 10 10 10 10 10 10 10 10 125 896 799 227 021 615 502 061 302 657 469 535 842 002 144 268 372 476 567 660 768 851 2 2 3 2 3 3 2 3 2 3 3 3 3 3 3 3 3 3 4 4 4 4 972 836 022 893 200 672 805 082 830 942 920 262 102 207 377 588 792 915 012 111 207 290 76 76 80 79 80 78 80 82 73 75 74 75 77 79 80 82 83 84 85 87 88 89 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 1.3 -1.1 3.9 2.4 0.9 -2.3 0.8 0.8 -0.9 2.3 1.7 0.9 -0.2 3.1 3.1 2.5 0.8 -1.2 2.0 1.5 - 0.8 -0.4 0.7 0.7 2001/02-2011/12 2011/12-2021/22 0.1 3.1 -0.7 0.8 0.7 1.3 1.4 2.8 -0.2 1.7 - 0.2 0.7 a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments 23 Table 4 Short-term resident departures by market, financial year Business 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 Purpose of visit VFR Holiday Other '000 New Total Zealand United States United Kingdom Indonesia Hong Kong Singapore '000 Thailand Malaysia Fiji China Other Other Asia Europe Other Total Total change per cent 724 674 655 779 864 907 948 983 880 923 1 013 1 033 1 047 1 102 1 140 1 177 1 215 1 252 1 290 1 327 1 365 1 404 919 827 861 1 028 1 170 1 217 1 261 1 344 1 444 1 642 1 688 1 816 1 943 2 019 2 109 2 180 2 244 2 309 2 374 2 435 2 496 2 558 1 584 1 468 1 385 1 744 2 143 2 272 2 470 2 891 3 043 3 721 4 195 4 619 4 797 5 044 5 224 5 344 5 446 5 551 5 652 5 757 5 864 5 974 228 214 214 232 245 258 270 283 287 289 317 328 336 344 356 370 384 399 414 431 449 467 3 577 3 368 3 293 3 937 4 591 4 835 5 127 5 699 5 843 6 770 7 443 8 037 8 367 8 760 9 090 9 341 9 569 9 803 10 033 10 265 10 502 10 745 575 592 615 739 843 836 883 913 955 1 064 1 058 1 117 1 108 1 150 1 178 1 201 1 221 1 238 1 254 1 270 1 287 1 303 373 276 288 342 395 438 451 492 501 635 751 820 899 936 964 984 1 003 1 020 1 035 1 051 1 067 1 083 323 308 309 351 385 409 415 430 420 456 477 487 490 497 521 534 537 547 557 568 579 590 295 271 194 271 344 242 231 328 436 653 806 911 921 961 988 1 008 1 027 1 044 1 060 1 076 1 092 1 109 157 142 115 140 173 191 200 215 200 211 223 229 226 234 241 247 253 258 264 270 276 282 154 163 119 148 176 205 208 224 214 246 276 287 324 341 353 364 373 383 392 401 410 420 158 163 150 154 187 246 332 403 378 432 487 600 637 661 680 696 711 726 739 753 766 780 135 110 98 126 156 164 172 186 205 239 255 257 266 285 296 302 309 316 323 331 338 346 70 113 129 161 189 200 194 224 221 286 323 339 323 341 352 359 366 373 380 388 395 402 101 121 118 150 214 240 269 287 268 306 356 381 385 427 455 480 505 531 556 581 606 631 371 363 377 454 533 566 631 720 754 853 927 1 022 1 065 1 134 1 196 1 250 1 302 1 354 1 407 1 463 1 520 1 580 410 374 385 436 495 547 562 627 591 644 721 780 818 885 929 954 978 1 006 1 033 1 059 1 085 1 112 456 371 396 462 502 550 579 650 700 745 783 807 904 909 938 961 984 1 007 1 031 1 056 1 081 1 107 3 577 3 368 3 293 3 937 4 591 4 835 5 127 5 699 5 843 6 770 7 443 8 037 8 367 8 760 9 090 9 341 9 569 9 803 10 033 10 265 10 502 10 745 n.a. -5.9 -2.2 19.5 16.6 5.3 6.0 11.2 2.5 15.9 9.9 8.0 4.1 4.7 3.8 2.8 2.4 2.4 2.4 2.3 2.3 2.3 7.0 1.7 3.3 2.9 8.8 7.6 4.3 2.7 11.0 13.3 3.3 1.9 4.7 4.0 3.2 4.0 8.8 9.4 3.6 2.3 8.3 4.8 1.8 1.3 10.3 12.7 4.1 1.5 6.1 3.2 2.0 1.9 -3.1 31.5 2.4 1.5 7.1 2.7 2.0 2.2 5.0 6.6 5.4 2.4 15.2 12.6 3.5 1.9 9.5 8.3 3.7 2.3 11.3 11.9 1.6 1.9 17.2 7.2 5.8 4.6 11.7 10.1 5.0 4.0 8.5 6.8 4.6 2.6 9.3 6.9 4.0 2.4 8.8 9.4 3.6 2.3 - 8.9 3.0 11.6 1.7 12.1 5.2 10.9 4.5 7.6 3.6 8.1 3.2 9.1 2.9 - 2001/02-2011/12 4.4 8.2 12.1 4.4 9.1 6.6 11.5 4.7 12.9 4.9 5.8 13.9 2011/12-2021/22 3.1 3.5 2.6 3.6 2.9 1.6 2.8 1.9 2.0 2.1 3.9 2.7 Numbers shaded are forecasts The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to overseas 24 Table 5 International visitor arrivals by market, financial year New Zealand Japan United Kingdom United States China S'pore South Korea Malaysia 828 788 793 926 1 082 1 091 1 115 1 121 1 106 1 123 1 183 1 191 1 211 1 231 1 259 1 291 1 318 1 343 1 368 1 392 1 417 1 441 724 659 659 688 701 674 610 521 404 364 364 344 351 365 374 380 386 391 395 400 404 408 605 627 644 686 699 709 733 686 659 653 632 597 585 593 605 620 635 649 663 677 691 706 502 424 424 430 446 453 455 455 452 489 466 464 487 502 519 540 560 579 599 619 639 660 143 172 177 217 274 292 338 375 358 394 500 583 676 746 801 847 890 927 965 1 005 1 044 1 085 293 296 262 253 267 252 263 267 278 290 315 320 360 377 390 402 411 421 430 439 449 458 165 181 196 216 237 243 271 236 193 196 205 199 189 194 201 209 216 224 231 238 246 253 148 154 142 175 169 153 157 166 195 214 244 243 277 302 314 324 334 344 354 364 374 384 154 149 141 132 149 159 153 147 150 154 170 169 183 189 196 201 207 211 216 221 226 231 2001/02-2006/07 7.2 -1.5 3.2 1.4 14.5 -2.3 8.4 0.4 0.6 1.7 13.2 2006/07-2011/12 1.3 -10.8 -4.0 0.4 11.5 3.9 -5.9 9.1 2.0 0.4 11.6 2011/12-2016/17 2.0 2.3 1.2 3.8 8.8 5.2 1.7 6.6 4.1 2.9 7.6 2016/17-2021/22 1.8 1.1 2.1 3.4 4.1 2.2 3.2 2.8 2.3 2.9 2001/02-2011/12 4.2 -6.3 -0.5 0.9 13.0 0.8 1.0 4.7 1.3 2011/12-2021/22 1.9 1.7 1.7 3.6 6.4 3.7 2.4 4.7 3.2 Hong Kong Germany Middle East Other Asia France 78 80 76 79 79 75 77 84 77 83 88 81 85 89 93 97 100 104 107 111 114 118 57 56 50 56 68 73 83 93 105 111 114 114 114 119 127 136 145 155 165 176 188 200 206 174 149 180 185 190 200 207 230 237 235 251 269 283 297 311 324 337 350 363 377 391 54 52 46 57 59 66 70 78 89 97 94 96 99 102 107 112 116 120 124 129 133 138 -2.1 -0.7 8.2 2.9 10.7 1.0 6.6 4.6 6.0 4.4 5.0 6.8 5.1 3.2 1.0 12.4 4.1 2.9 7.2 5.5 India Indonesia Thailand Other Ireland Europe Canada South Africa Other World Total '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 148 137 134 141 142 150 149 155 159 163 159 152 156 158 164 170 175 180 186 191 196 202 46 47 41 54 59 79 88 108 120 130 144 152 164 176 191 205 220 236 252 269 287 306 Total change per cent 98 95 87 91 82 82 85 93 96 118 133 142 147 157 169 179 189 199 209 220 231 242 50 51 47 54 57 60 63 69 67 59 53 62 62 64 67 69 71 73 75 77 79 81 356 303 297 306 323 333 348 358 363 370 363 362 380 390 405 419 433 447 460 474 489 503 96 93 87 93 103 106 111 121 121 125 119 119 120 124 130 135 139 144 148 153 157 162 56 56 48 55 50 55 60 66 64 61 62 63 57 60 63 66 69 72 75 78 81 84 223 175 158 167 176 190 210 224 255 259 264 276 284 295 307 319 330 341 353 364 376 388 5 031 4 768 4 656 5 057 5 408 5 484 5 641 5 629 5 541 5 692 5 907 5 981 6 257 6 517 6 779 7 032 7 271 7 496 7 725 7 959 8 198 8 441 n.a. -5.2 -2.4 8.6 6.9 1.4 2.9 -0.2 -1.6 2.7 3.8 1.2 4.6 4.2 4.0 3.7 3.4 3.1 3.1 3.0 3.0 3.0 6.1 4.6 2.8 3.5 1.6 3.7 3.4 - 6.5 -0.4 0.8 1.5 0.8 5.6 1.2 - 5.2 3.9 2.8 3.6 3.1 1.9 3.7 4.0 - 6.6 3.8 3.5 2.5 3.0 3.1 4.0 3.3 3.0 - 0.1 7.4 3.7 6.3 2.1 1.8 2.5 1.2 4.6 2.3 - 3.8 5.8 4.5 3.7 2.6 3.3 3.1 2.9 3.5 3.5 - Compound annual growth rate (%) Numbers shaded are forecasts. 25 Table 6 International visitor arrivals by purpose of visit, financial year Business VFR a Holiday Other b Total Total change 611 564 556 636 679 766 824 849 766 785 852 882 901 936 970 1 000 1 027 1 054 1 080 1 106 1 132 1 158 1 021 855 865 986 1 098 1 109 1 153 1 201 1 283 1 392 1 430 1 467 1 562 1 622 1 683 1 742 1 798 1 851 1 905 1 960 2 016 2 073 '000 2 693 2 296 2 361 2 603 2 866 2 895 2 896 2 754 2 604 2 608 2 657 2 642 2 785 2 911 3 025 3 135 3 239 3 334 3 432 3 531 3 632 3 735 513 477 473 558 528 621 668 714 771 780 823 841 861 904 955 1 009 1 061 1 111 1 163 1 217 1 273 1 330 5 031 4 768 4 656 5 057 5 408 5 484 5 641 5 629 5 541 5 692 5 907 5 981 6 257 6 517 6 779 7 032 7 271 7 496 7 725 7 959 8 198 8 441 per cent n.a. -5.2 -2.4 8.6 6.9 1.4 2.9 -0.2 -1.6 2.7 3.8 1.2 4.6 4.2 4.0 3.7 3.4 3.1 3.1 3.0 3.0 3.0 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 7.9 1.4 3.1 2.4 6.2 4.9 4.1 2.9 4.7 -1.8 4.2 2.9 7.0 4.7 4.8 4.6 3.4 1.2 4.0 3.0 - 2001/02-2011/12 2011/12-2021/22 4.6 2.8 5.6 3.5 1.4 3.5 5.8 4.7 2.3 3.5 - 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) Numbers shaded are forecasts a Visiting friends and relatives b Other refers to education and employment visitors who stay in Australia for one year or less The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia. 26 Table 7 International leisure visitor arrivals by market, financial year New Zealand 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 United Japan Kingdom United States China S'pore South Korea Malaysia Hong Kong Germany Thailand Middle East 51 45 40 45 43 41 41 45 40 45 47 44 46 48 50 53 55 57 59 61 63 66 41 37 33 39 47 51 55 59 66 66 69 65 64 67 71 77 82 88 94 101 108 115 138 106 90 122 130 135 134 134 149 150 142 155 171 181 191 200 209 217 226 235 244 253 34 31 29 32 40 48 50 56 63 71 69 70 71 73 77 80 83 86 89 92 95 98 41 39 37 44 48 51 53 58 53 47 39 43 42 43 45 47 48 49 51 52 53 55 251 207 207 211 236 249 259 263 263 278 268 262 273 280 291 302 312 323 334 345 356 367 Compound annual growth rate (%) 2.3 12.0 -1.2 -1.9 0.0 14.9 12.4 1.4 2.9 8.6 6.6 4.6 8.0 3.7 4.7 4.7 2.9 6.2 10.2 6.9 3.5 6.2 -4.3 2.4 24 24 20 26 31 38 42 52 57 67 74 84 94 103 111 119 127 135 144 153 162 172 Other Ireland Europe Canada South Africa Other World Total Total change 73 67 63 69 79 82 83 91 90 96 89 88 89 92 96 100 103 107 110 113 117 120 37 35 30 35 32 37 41 46 46 45 43 44 41 43 45 48 50 52 55 57 60 62 128 100 92 99 105 112 125 133 149 161 164 169 174 179 187 194 201 208 214 221 228 235 3 713 3 151 3 226 3 589 3 964 4 004 4 049 3 955 3 887 3 999 4 087 4 109 4 347 4 533 4 708 4 877 5 037 5 186 5 337 5 491 5 648 5 807 n.a. -15.1 2.4 11.2 10.4 1.0 1.1 -2.3 -1.7 2.9 2.2 0.6 5.8 4.3 3.9 3.6 3.3 3.0 2.9 2.9 2.9 2.8 4.5 0.2 3.6 4.5 1.0 3.3 3.1 1.2 2.7 4.6 6.3 3.5 5.1 0.3 4.2 - per cent 623 436 534 575 605 581 516 435 330 296 290 268 271 283 290 295 299 303 307 310 314 317 512 496 522 566 603 620 642 595 570 562 533 490 478 483 492 505 517 529 540 552 564 575 331 254 249 246 288 292 285 275 286 314 289 284 306 315 327 341 356 370 384 399 414 429 76 90 93 116 149 166 199 223 222 232 308 385 465 522 559 589 616 638 661 684 707 730 221 186 171 170 184 160 161 160 173 180 191 191 229 241 248 252 256 260 263 267 270 274 120 120 140 161 183 185 205 176 137 141 153 147 140 144 149 155 160 165 170 175 181 186 113 107 100 130 122 109 108 116 140 155 178 177 209 231 239 246 252 259 265 272 279 285 114 100 94 93 106 113 104 97 103 102 115 115 129 133 137 141 144 147 149 152 155 158 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 8.7 1.1 2.0 3.4 -12.3 2.2 5.3 -5.3 1.1 2.4 -0.1 4.7 17.2 14.2 9.8 -2.9 3.5 6.1 11.3 -6.5 1.7 0.2 10.4 7.3 0.8 1.9 4.6 2016/17-2021/22 1.9 1.2 2.2 3.8 3.5 1.4 3.1 2.5 1.9 2.7 6.3 4.9 3.7 6.9 3.9 3.4 2.6 3.3 3.1 4.5 3.2 2.9 - -4.8 1.7 -0.1 1.6 1.1 4.2 15.7 6.6 0.2 3.7 2.0 2.4 5.2 4.9 1.4 3.2 1.1 2.8 13.4 7.5 5.4 5.8 -0.3 4.1 5.8 5.8 3.8 5.0 8.5 3.5 0.8 2.5 2.4 3.4 2.8 3.2 2.2 3.6 5.4 3.4 2.7 3.5 - 27 60 52 50 54 48 48 49 51 56 72 81 88 93 101 108 115 121 127 134 140 147 154 Other Asia France 608 516 529 653 774 765 782 770 770 793 824 828 841 852 870 892 912 930 948 966 985 1 003 2001/02-2011/12 4.8 2011/12-2021/22 1.9 Numbers shaded are forecasts 118 103 103 104 110 118 115 119 121 125 122 115 119 121 125 129 133 137 140 144 148 152 India Indonesia '000 Table 8 International visitor nights by market, financial year New Zealand Japan United Kingdom United States China Singapore South Malaysia Korea Hong Germany Kong 13.8 11.1 11.0 12.6 14.0 15.8 15.8 15.6 15.3 14.3 16.4 16.7 17.2 17.1 17.9 17.6 17.9 18.2 18.5 18.8 19.1 19.4 8.8 8.9 8.7 10.9 10.7 11.7 12.0 10.4 8.7 7.9 8.4 9.0 9.2 9.3 9.4 9.4 9.5 9.5 9.5 9.5 9.5 9.5 24.7 24.3 23.7 28.1 23.2 23.7 24.4 22.2 23.4 23.8 22.6 21.7 22.7 21.6 21.2 21.5 22.1 22.5 22.9 23.4 23.8 24.4 11.1 11.3 11.3 10.3 9.6 10.4 10.2 9.7 9.6 10.7 10.4 10.8 11.0 10.8 11.0 11.5 11.9 12.4 12.8 13.2 13.7 14.1 4.0 5.2 7.1 9.1 10.9 11.9 15.3 15.9 17.7 22.5 25.8 26.9 31.0 34.2 37.2 39.6 42.7 45.0 47.5 49.5 52.8 55.5 5.5 4.9 4.7 4.6 4.5 4.9 5.3 5.3 5.5 6.1 6.1 6.3 7.4 7.8 8.0 8.2 8.4 8.6 8.8 8.9 9.1 9.3 6.3 6.1 5.6 6.3 7.2 10.2 12.7 11.5 13.8 14.6 13.4 13.3 12.1 12.2 13.0 13.8 14.6 15.4 16.2 17.0 17.9 18.8 3.6 3.5 3.3 4.5 4.5 5.0 5.3 5.6 6.7 6.6 7.0 6.9 8.0 9.1 9.7 10.2 10.7 11.2 11.7 12.2 12.7 13.3 3.7 3.9 3.4 3.7 3.3 4.5 4.5 4.5 4.8 5.5 5.3 5.9 6.4 6.0 6.0 6.2 6.5 6.7 6.9 7.2 7.4 7.7 7.4 1.2 1.4 1.6 6.0 -5.6 1.1 0.1 0.0 -2.3 0.3 2.0 -1.9 1.1 2.0 3.4 23.9 12.0 9.7 5.4 1.8 3.7 5.8 1.9 15.9 1.0 1.8 5.3 8.6 5.5 9.0 4.4 2.9 5.6 2.1 3.4 India Indonesia Thailand Middle East Other France Asia Ireland Other Canada Europe South Africa Other World Total million 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 4.2 0.0 -1.1 -0.4 17.8 2.7 8.2 7.0 4.2 2011/12-2021/22 1.5 0.6 1.2 2.7 7.5 3.9 3.5 6.7 2.7 Numbers shaded are forecasts Historical estimates for international visitor nights have changed due to a slight change in the methodology 4.6 5.5 4.7 6.5 5.7 6.7 6.9 7.1 7.5 7.4 6.9 7.3 7.5 7.7 7.9 8.2 8.3 8.4 8.6 8.7 8.8 9.0 2.3 1.8 1.9 1.7 2.3 3.5 4.4 5.7 7.4 8.0 9.7 8.9 10.0 10.9 11.6 12.2 13.0 13.7 14.5 15.3 16.2 17.1 per cent 3.7 3.0 2.7 3.8 2.8 2.8 3.1 3.3 3.3 4.5 5.2 4.5 4.9 5.4 5.8 6.3 6.7 7.1 7.5 7.9 8.4 8.9 Compound annual growth rate (%) 4.6 19.5 1.1 1.0 15.0 7.3 2.7 7.9 8.5 1.5 5.7 5.9 2.8 2.1 17.2 6.8 28 Total change 4.2 7.2 3.0 2.4 2.6 2.5 2.9 3.0 3.2 3.2 3.8 3.9 4.4 4.2 4.3 4.2 4.4 4.5 4.7 4.9 5.1 5.3 5.5 5.7 2.3 2.7 1.9 2.4 2.2 3.0 3.4 4.1 4.4 4.8 5.2 4.7 4.7 5.1 5.4 5.9 6.4 6.9 7.4 8.0 8.7 9.3 5.7 4.8 4.3 4.5 5.3 6.8 7.6 9.7 12.3 13.4 14.0 17.6 17.6 18.4 19.0 20.4 21.6 22.7 24.0 25.3 26.7 28.1 1.4 1.9 1.7 2.5 1.9 2.3 3.7 3.6 4.7 5.3 5.2 5.8 5.9 6.0 6.2 6.4 6.6 6.8 7.0 7.2 7.3 7.5 3.4 3.5 2.5 2.9 3.5 3.6 3.7 3.8 4.1 4.1 3.7 5.1 5.1 5.2 5.3 5.3 5.3 5.4 5.4 5.4 5.4 5.4 13.2 12.2 10.9 10.8 11.5 12.6 13.6 14.4 14.3 14.4 14.5 16.0 16.5 16.5 17.2 18.1 18.8 19.5 20.1 20.8 21.6 22.3 4.7 4.0 3.1 3.5 4.1 4.1 4.5 4.8 5.3 4.4 4.5 4.6 4.5 4.6 4.8 5.0 5.1 5.3 5.4 5.6 5.7 5.9 1.4 1.2 1.5 1.7 1.5 1.7 1.7 1.5 1.9 1.8 1.9 2.0 1.8 1.8 1.9 2.0 2.1 2.2 2.3 2.4 2.5 2.6 5.5 3.9 4.1 4.0 4.1 5.2 6.0 7.4 9.0 8.5 9.3 9.8 10.4 10.5 11.0 11.8 12.4 13.0 13.7 14.3 15.1 15.8 133 126 121 137 136 153 167 170 183 192 200 208 218 224 234 244 255 265 276 286 298 309 n.a. -5.0 -4.2 13.4 -0.9 12.8 9.3 1.4 8.0 5.0 4.0 3.8 5.1 2.7 4.3 4.4 4.5 3.9 3.9 3.7 4.1 3.9 5.8 5.5 2.4 3.8 4.8 6.6 6.5 7.8 9.7 18.2 4.2 5.4 14.1 9.3 2.7 2.6 1.5 6.4 0.9 0.2 2.2 3.2 3.3 3.5 2.5 0.2 2.4 2.7 6.9 2.7 1.4 4.4 9.0 10.2 4.7 5.0 5.8 4.4 4.2 3.9 - 5.7 3.1 5.7 7.2 13.9 4.8 11.7 2.6 3.9 0.6 2.7 3.4 1.4 2.5 4.8 2.9 9.6 4.9 5.1 4.1 - Table 9 International visitor nights in hotels, motels, guesthouses & serviced apartments by market, financial year New Zealand Japan United Kingdom United States China Singapore South Malaysia Korea Hong Germany Kong 2.1 2.5 2.4 2.9 3.5 3.7 4.0 3.9 3.5 3.3 3.5 3.3 3.2 3.3 3.4 3.5 3.6 3.6 3.7 3.8 3.8 3.9 3.1 2.8 2.9 2.8 2.7 2.7 2.3 2.0 1.5 1.4 1.3 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 3.0 3.8 3.7 4.1 4.2 4.7 4.8 4.0 3.7 3.0 3.2 2.6 2.8 3.0 3.2 3.2 3.2 3.3 3.3 3.4 3.4 3.5 3.1 2.7 2.8 2.7 2.7 3.3 3.1 3.3 2.7 2.9 2.7 2.8 3.0 3.3 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4.0 0.7 0.8 0.8 0.9 1.5 1.6 1.8 2.1 1.5 1.7 2.1 2.5 2.8 3.2 3.5 3.6 3.8 3.9 4.0 4.1 4.3 4.4 1.1 1.2 1.1 1.1 1.2 1.3 1.4 1.2 1.3 1.2 1.4 1.4 1.5 1.7 1.7 1.8 1.9 2.0 2.0 2.1 2.1 2.2 0.5 0.6 0.6 0.8 0.8 1.2 1.2 1.1 0.7 0.7 0.7 0.7 0.7 0.8 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 0.5 0.5 0.4 0.7 0.7 0.6 0.6 0.6 0.8 0.7 0.8 0.8 1.1 1.2 1.2 1.2 1.3 1.3 1.4 1.4 1.5 1.5 0.6 0.6 0.6 0.5 0.8 0.6 0.6 0.6 0.5 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.9 0.9 0.9 10.0 -4.2 1.8 1.8 -3.9 -13.0 2.8 1.3 4.8 -11.5 4.6 1.5 2.4 -1.7 4.3 2.9 18.0 6.8 8.8 3.1 3.0 0.7 6.0 2.8 15.3 -9.8 4.0 -2.0 5.7 6.1 8.8 3.6 0.0 1.4 3.3 4.0 India Indonesia Thailand Middle East Other France Asia Ireland Other Canada Europe South Africa Other World Total million 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2.7 -8.6 -3.7 0.3 12.3 1.9 2.0 5.9 2011/12-2021/22 1.8 2.1 3.0 3.6 5.9 4.4 1.0 6.2 Numbers shaded are forecasts Historical estimates for international visitor nights have changed due to a slight change in the methodology 0.7 3.7 1.4 1.4 1.1 0.8 1.0 1.2 1.2 1.0 1.0 1.0 0.9 1.0 0.8 0.7 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.2 0.2 0.2 0.3 0.5 0.7 0.8 1.1 0.9 0.7 1.2 0.9 1.0 1.1 1.2 1.2 1.3 1.4 1.5 1.5 1.6 1.7 per cent 0.3 0.3 0.2 0.3 0.3 0.4 0.3 0.4 0.4 0.4 0.6 0.5 0.5 0.6 0.7 0.8 0.8 0.8 0.9 0.9 1.0 1.1 Compound annual growth rate (%) -4.0 26.6 4.0 -3.9 3.7 8.9 -3.2 7.6 9.0 1.9 5.6 5.7 -3.9 -0.7 29 14.5 6.6 Total change 6.4 7.3 0.2 0.3 0.2 0.4 0.4 0.3 0.4 0.4 0.3 0.3 0.4 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.3 0.3 0.2 0.2 0.3 0.5 0.4 0.4 0.5 0.4 0.5 0.5 0.4 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.8 0.8 0.6 0.6 0.6 0.7 0.8 0.8 0.7 0.9 0.8 0.8 0.9 1.0 1.0 1.0 1.1 1.1 1.2 1.2 1.3 1.3 1.4 0.4 0.3 0.3 0.3 0.3 0.4 0.5 0.5 0.5 0.5 0.4 0.5 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.2 0.2 0.2 0.2 0.2 0.5 0.5 0.4 0.3 0.4 0.5 0.4 0.3 0.3 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 2.3 2.0 1.8 1.7 2.2 2.3 2.8 2.4 2.3 2.2 2.4 2.0 2.1 2.3 2.3 2.4 2.5 2.6 2.6 2.7 2.8 2.9 0.7 0.6 0.5 0.5 0.6 0.8 0.9 0.8 0.8 0.8 0.7 0.7 0.6 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.9 0.2 0.2 0.2 0.2 0.3 0.2 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.6 0.5 0.4 0.6 0.5 0.6 0.7 0.9 0.8 0.8 0.9 0.8 0.8 0.9 1.0 1.1 1.1 1.2 1.2 1.3 1.3 1.4 22.2 22.4 21.3 22.6 25.3 28.1 29.3 28.1 25.2 24.0 25.8 24.5 25.5 27.6 29.0 29.9 30.8 31.7 32.6 33.5 34.5 35.4 n.a. 1.2 -5.1 6.2 12.2 10.9 4.1 -3.8 -10.2 -4.9 7.4 -5.1 4.3 8.0 5.3 2.9 3.2 2.9 2.9 2.7 2.9 2.7 5.8 -6.3 7.7 3.5 7.2 2.8 4.8 5.0 4.4 3.3 3.7 4.5 11.4 -0.9 2.2 2.0 21.8 -6.0 4.5 0.2 6.7 -6.4 4.7 2.9 9.3 -5.5 2.5 3.1 2.8 -7.1 6.5 2.8 6.1 2.1 6.8 4.4 5.5 -3.5 4.7 2.8 - -0.4 5.6 5.0 4.9 3.8 4.1 5.1 2.1 7.0 2.3 -0.1 3.8 1.7 2.8 -2.3 4.6 4.1 5.6 0.9 3.8 - Table 10 International leisure visitor nights by market, financial year New Zealand United Japan Kingdom United States China S'pore South Korea Malaysia Hong Kong Germany Thailand Middle East 1.0 0.7 0.7 0.6 0.8 0.9 1.0 1.1 1.0 1.3 1.5 1.7 1.6 1.5 1.6 1.7 1.8 1.9 2.0 2.1 2.2 2.3 1.7 1.7 1.3 1.6 1.6 2.0 1.9 2.0 2.1 2.1 2.3 1.8 2.0 2.0 2.2 2.4 2.5 2.7 2.9 3.0 3.2 3.4 2.9 2.0 1.8 1.8 2.2 3.1 3.6 4.5 6.1 6.2 6.6 7.9 8.8 8.3 8.5 9.0 9.5 10.0 10.6 11.2 11.8 12.5 1.0 0.8 0.8 0.8 1.2 1.4 2.5 2.5 3.1 3.7 3.4 3.9 3.9 3.9 4.0 4.2 4.3 4.5 4.6 4.7 4.8 4.9 2.8 2.4 1.9 2.1 2.5 2.5 2.6 2.8 3.1 2.8 1.9 2.5 2.4 2.4 2.5 2.5 2.5 2.6 2.6 2.6 2.6 2.6 8.6 8.1 6.9 6.8 7.8 8.9 9.4 9.9 9.6 10.0 9.7 10.4 10.7 10.6 11.0 11.5 11.9 12.3 12.8 13.2 13.6 14.1 Compound annual growth rate (%) 4.8 22.0 3.4 6.5 1.6 20.5 9.5 11.9 3.0 6.4 10.0 1.0 2.1 -1.2 6.8 12.5 16.9 3.7 26.6 9.7 2.0 1.5 -0.8 0.4 India Indonesia Other Asia France Other Ireland Europe Canada South Africa Other World Total 3.1 2.6 1.9 2.1 3.0 2.9 3.2 3.3 3.5 2.9 3.1 3.0 3.1 3.1 3.3 3.4 3.6 3.7 3.8 3.9 4.0 4.1 1.0 0.9 1.0 1.1 1.1 1.0 1.1 1.1 1.4 1.3 1.3 1.3 1.3 1.2 1.4 1.4 1.5 1.6 1.7 1.7 1.8 1.9 3.1 2.1 1.8 2.0 2.1 2.4 2.6 2.9 3.8 4.0 4.8 5.0 4.9 4.6 4.8 5.0 5.2 5.4 5.6 5.9 6.1 6.3 84.5 69.3 67.2 73.9 80.5 86.6 93.7 91.5 98.0 102.4 104.9 108.3 113.1 113.3 116.6 121.6 126.2 130.2 134.3 138.5 142.9 147.5 n.a. -18.0 -3.0 10.0 8.9 7.6 8.3 -2.4 7.2 4.5 2.4 3.2 4.4 0.1 3.0 4.3 3.7 3.2 3.2 3.1 3.2 3.2 3.1 1.9 2.9 3.9 -1.3 3.5 6.0 2.7 2.9 4.6 13.9 0.9 6.2 2.9 3.1 - million 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 3.5 3.7 3.1 4.3 4.1 4.8 4.7 5.1 5.5 5.1 5.0 5.1 5.3 5.4 5.6 5.7 5.9 6.0 6.2 6.3 6.5 6.6 0.6 0.6 0.7 0.5 0.6 1.2 1.5 1.8 2.1 2.6 3.3 3.9 4.4 4.8 4.9 5.1 5.3 5.5 5.6 5.8 6.0 6.1 Total change per cent 9.6 6.8 7.1 8.2 9.9 9.8 10.3 9.7 9.7 9.4 10.2 10.6 10.4 10.3 10.4 10.6 10.8 10.9 11.1 11.2 11.3 11.5 6.4 4.6 5.4 5.6 6.7 6.5 6.3 5.8 5.2 4.8 5.1 4.6 4.6 4.7 4.7 4.8 4.8 4.8 4.8 4.9 4.9 4.9 21.3 17.1 18.4 20.7 19.7 20.1 20.3 18.5 19.7 19.7 17.7 16.5 17.1 16.1 15.6 16.1 16.6 16.9 17.1 17.5 17.8 18.2 6.7 5.4 5.0 4.3 4.9 5.2 5.2 4.8 5.2 5.8 5.7 5.7 6.0 5.8 6.0 6.3 6.5 6.7 7.0 7.2 7.5 7.7 1.4 1.7 1.6 2.3 3.2 3.5 4.8 3.7 4.3 5.9 7.7 8.5 10.1 11.5 12.2 13.1 13.9 14.5 15.1 15.6 16.3 16.9 2.4 2.0 1.9 1.9 1.9 1.9 2.0 1.7 1.9 2.1 2.3 2.3 2.7 2.9 3.0 3.0 3.1 3.1 3.2 3.2 3.3 3.3 3.4 2.5 2.5 3.1 3.4 4.5 6.3 5.7 5.8 7.1 7.1 7.1 6.4 6.1 6.4 6.9 7.2 7.6 8.0 8.3 8.8 9.2 1.6 1.5 1.4 1.7 1.7 1.5 1.8 1.8 2.2 2.1 2.5 2.4 3.0 3.5 3.7 3.8 3.9 4.1 4.2 4.3 4.4 4.5 1.2 1.3 1.3 1.2 1.4 1.7 1.6 1.7 1.9 2.2 2.1 2.6 2.5 2.5 2.7 2.8 2.8 2.9 3.0 3.1 3.2 3.3 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 8.6 0.6 0.4 6.6 -5.8 0.7 3.5 -4.1 0.1 -0.7 2.0 2.5 23.1 12.1 10.2 0.2 2.4 6.2 20.2 2.4 0.4 3.6 6.5 10.2 3.8 9.8 2.2 2016/17-2021/22 1.2 0.3 1.9 3.4 4.0 1.5 4.9 2.8 3.0 2.3 3.0 5.4 4.9 6.1 5.6 2.6 0.8 3.4 2.8 4.6 3.9 3.2 - 2001/02-2011/12 4.5 2011/12-2021/22 0.8 Numbers shaded are forecasts 0.2 0.5 -0.4 1.0 0.6 3.0 17.4 7.1 1.3 3.8 10.9 2.6 5.0 6.4 6.8 2.6 3.2 2.7 21.2 4.7 6.4 7.7 9.2 3.0 0.5 6.5 14.7 4.6 17.8 2.3 0.3 0.6 2.5 3.1 1.3 3.1 4.3 3.8 9.1 2.4 4.6 3.1 - 30 1.1 0.8 0.7 1.0 0.8 0.8 1.0 1.0 1.0 1.5 1.6 1.5 1.8 2.0 2.1 2.3 2.4 2.6 2.7 2.8 3.0 3.2 Table 11 International leisure visitor nights in hotels, motels, guesthouses & serviced apartments by markets, financial year New Zealand 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 United Japan Kingdom United States China S'pore South Korea Malaysia Hong Kong Germany Thailand Middle East 0.1 0.2 0.1 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.1 0.2 0.1 0.2 0.2 0.4 0.3 0.3 0.3 0.2 0.3 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.4 0.3 0.5 0.5 0.5 0.5 0.4 0.4 0.5 0.3 0.3 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.2 0.2 0.2 0.1 0.1 0.3 0.3 0.3 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.2 0.2 0.2 0.2 0.2 0.3 0.4 0.3 0.3 0.2 0.3 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 1.6 1.4 1.3 1.2 1.5 1.7 1.9 1.7 1.7 1.7 1.7 1.4 1.5 1.6 1.7 1.7 1.8 1.8 1.9 1.9 2.0 2.1 Compound annual growth rate (%) -4.8 5.4 2.3 -3.3 -3.2 2.3 3.9 -3.1 -4.9 7.2 12.3 3.6 10.8 -5.5 8.5 3.6 -6.8 7.5 15.4 -0.3 -0.7 20.2 -11.7 6.2 1.1 1.1 0.9 0.6 0.7 0.9 0.9 0.8 0.8 0.7 0.7 0.7 0.6 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 India Indonesia million 0.2 0.2 0.1 0.2 0.2 0.1 0.2 0.2 0.2 0.2 0.3 0.2 0.2 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.5 Other Ireland Europe Canada South Africa Other World Total Total change 0.5 0.4 0.4 0.3 0.5 0.6 0.6 0.6 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.4 0.3 0.2 0.4 0.3 0.3 0.4 0.5 0.5 0.5 0.5 0.4 0.4 0.5 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.7 16.1 14.5 14.7 15.5 17.5 19.0 19.5 18.0 16.4 15.4 15.4 14.3 15.2 16.6 17.4 17.8 18.3 18.8 19.3 19.7 20.2 20.7 n.a. -9.8 1.1 5.5 12.9 8.8 2.3 -7.6 -8.7 -6.3 0.5 -7.2 6.2 8.9 4.7 2.6 2.8 2.5 2.6 2.4 2.5 2.4 6.4 -6.0 4.8 7.4 -5.7 1.8 3.1 -8.7 9.2 5.4 3.4 6.6 6.0 -5.9 5.0 - per cent 1.4 1.4 1.5 1.9 2.4 2.5 2.8 2.4 2.2 2.0 2.1 1.9 1.9 1.9 1.9 2.0 2.0 2.1 2.1 2.2 2.2 2.2 2.7 1.9 2.4 2.4 2.4 2.3 2.0 1.7 1.2 1.1 1.0 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 2.4 2.7 2.8 3.1 3.5 3.8 4.0 3.3 3.1 2.4 2.5 1.8 2.0 2.2 2.3 2.4 2.4 2.4 2.4 2.5 2.5 2.5 2.1 1.6 1.7 1.4 1.7 1.8 1.7 1.7 1.5 1.6 1.4 1.4 1.5 1.6 1.6 1.7 1.8 1.8 1.9 1.9 2.0 2.1 0.3 0.3 0.4 0.5 0.7 1.0 1.1 1.1 1.0 1.0 1.3 1.6 2.0 2.3 2.5 2.6 2.7 2.8 2.9 3.0 3.0 3.1 0.8 0.8 0.6 0.7 0.8 0.7 0.7 0.6 0.7 0.7 0.7 0.7 0.9 1.0 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.3 0.4 0.5 0.5 0.6 0.8 0.7 0.7 0.6 0.4 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.4 0.3 0.3 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.6 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.6 0.6 0.6 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 14.9 -7.5 1.8 0.7 -13.7 -0.2 8.3 -15.1 6.0 0.8 -3.1 4.4 25.7 8.5 10.8 -2.4 -1.2 7.3 9.9 -7.2 2.9 3.2 5.4 10.6 -2.0 1.9 4.1 2016/17-2021/22 1.9 0.6 1.2 3.3 2.8 1.5 -2.1 2.7 4.3 2.1 3.2 5.7 4.7 5.2 4.4 1.8 0.8 3.2 2.8 3.3 4.4 2.5 - 2001/02-2011/12 3.1 2011/12-2021/22 1.8 Numbers shaded are forecasts -6.8 0.2 -4.1 3.6 -1.2 3.9 16.8 6.7 -1.8 4.4 1.0 0.3 4.3 6.6 -0.1 4.2 -4.0 -1.5 3.9 5.2 3.1 9.0 -3.2 4.1 2.3 6.8 -1.7 6.0 7.2 0.5 3.1 3.5 0.0 4.0 0.6 2.3 -3.0 6.2 4.4 5.5 -0.1 3.7 - 31 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 Other Asia France - Table 12 Real Total Inbound Tourism Expenditure by market, financial year (real, base = Quarter 4 2012, $million) New Zealand United Japan Kingdom United States China S'pore South Korea Malaysia Hong Kong Germany India Indonesia Thailand Middle East Other Asia France Other Ireland Europe Canada South Africa Other World Total $ million 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 1 988 1 877 1 965 2 055 2 324 2 447 2 466 2 548 2 263 2 164 2 246 2 276 2 332 2 463 2 558 2 547 2 588 2 622 2 652 2 683 2 714 2 744 4 140 3 351 3 103 3 039 3 043 3 186 2 405 2 036 1 953 1 529 1 474 1 470 1 550 1 536 1 558 1 567 1 575 1 579 1 584 1 588 1 591 1 593 4 416 4 688 4 743 4 753 4 343 4 295 4 744 4 287 4 067 3 432 3 141 2 867 2 975 3 205 3 233 3 245 3 284 3 314 3 346 3 373 3 403 3 430 3 870 3 970 3 162 2 885 2 737 2 924 2 683 2 793 2 697 2 308 2 222 2 334 2 428 2 462 2 472 2 504 2 531 2 553 2 573 2 593 2 614 2 633 1 031 1 258 1 349 1 542 1 913 1 875 2 050 2 493 2 901 3 112 3 610 3 853 4 487 4 845 5 228 5 526 5 925 6 228 6 553 6 812 7 263 7 631 1 243 1 285 1 195 912 912 910 991 1 165 1 107 1 109 1 231 1 218 1 234 1 228 1 287 1 336 1 366 1 392 1 417 1 444 1 469 1 494 1 031 1 000 1 047 1 050 1 181 1 410 1 693 1 478 1 419 1 271 1 296 1 316 1 242 1 268 1 319 1 361 1 402 1 439 1 479 1 519 1 558 1 598 692 730 663 802 720 721 772 939 967 1 027 1 048 1 046 1 147 1 249 1 306 1 356 1 386 1 414 1 443 1 471 1 501 1 530 874 1 016 751 704 647 729 748 751 788 767 846 802 826 843 868 895 917 934 957 975 997 1 017 1 159 1 214 1 094 1 152 1 057 1 039 1 094 1 170 1 204 1 080 920 901 920 990 1 026 1 072 1 100 1 129 1 156 1 185 1 213 1 242 464 351 290 218 348 401 459 740 859 804 960 724 867 1 000 1 092 1 196 1 313 1 434 1 567 1 710 1 864 2 030 5.6 -1.6 2.6 1.2 -6.4 -9.4 1.4 0.2 0.2 -9.6 2.8 0.9 -7.5 -2.7 1.6 0.8 10.3 13.5 9.0 5.2 -5.0 4.2 2.3 1.8 11.1 -4.9 1.3 2.6 1.1 6.2 5.8 2.0 -6.0 1.4 2.7 2.1 -2.1 -3.8 4.1 2.5 5.5 9.5 12.6 9.1 2001/02-2011/12 1.9 2011/12-2021/22 1.9 Numbers shaded are forecasts -7.9 0.8 -4.8 1.8 -5.2 1.2 11.8 7.1 -0.5 2.1 2.8 2.0 3.7 3.9 -2.3 2.4 -2.9 3.3 7.5 10.9 Total change per cent 639 586 509 546 431 435 418 521 476 521 638 659 620 617 661 705 741 775 810 847 884 923 388 432 433 437 426 381 374 426 491 448 515 405 434 462 493 509 526 543 559 575 591 608 345 412 301 401 270 312 404 641 657 582 445 414 459 512 560 607 657 712 772 839 913 993 983 892 817 860 772 839 878 1 049 1 304 1 324 1 315 1 420 1 472 1 551 1 586 1 739 1 821 1 903 1 988 2 077 2 169 2 265 304 333 322 362 317 366 499 537 654 622 565 563 594 678 732 775 806 838 871 904 938 972 537 433 414 512 571 677 660 669 780 608 529 671 663 687 725 741 757 771 785 799 812 825 2 826 2 536 2 523 2 325 2 245 2 209 2 351 2 569 2 636 2 352 2 200 2 058 2 177 2 376 2 462 2 577 2 640 2 702 2 767 2 831 2 898 2 963 792 737 657 593 686 726 790 865 872 724 699 657 692 763 801 819 839 859 879 899 919 939 289 275 317 434 387 344 374 440 481 317 348 362 343 356 378 392 402 412 422 433 443 454 1 056 706 597 561 768 902 846 936 1 175 1 109 1 175 1 172 1 193 1 236 1 264 1 352 1 399 1 446 1 494 1 545 1 597 1 651 29 070 28 082 26 251 26 142 26 098 27 129 27 700 29 052 29 754 27 211 27 423 27 190 28 655 30 327 31 608 32 822 33 978 34 999 36 073 37 099 38 350 39 536 n.a. -3.4 -6.5 -0.4 -0.2 4.0 2.1 4.9 2.4 -8.5 0.8 -0.8 5.4 5.8 4.2 3.8 3.5 3.0 3.1 2.8 3.4 3.1 -6.5 9.5 2.4 4.5 -2.8 1.6 5.4 2.9 -0.4 0.5 9.7 8.6 -0.3 10.1 5.1 4.5 8.4 2.4 7.4 3.8 8.8 0.3 2.4 1.7 -1.5 -2.6 5.1 2.3 1.4 -3.6 5.0 2.3 6.3 -0.6 2.1 2.4 3.7 6.7 3.6 3.4 -0.3 -0.4 4.6 3.1 - 1.2 3.4 -0.6 4.2 0.0 9.2 4.8 4.8 5.4 5.6 4.5 2.1 -2.1 3.7 -1.1 3.6 2.8 2.3 5.2 3.5 -0.3 3.8 ` Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 32 Table 13 Inbound leisure tourism expenditure by market, financial year (real, base = Quarter 4 2012, $million) New Zealand United Japan Kingdom United States China S'pore South Korea Malaysia Hong Kong Germany India Indonesia Thailand Middle East Other Asia France Other Ireland Europe Canada South Africa Other World Total $ million 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 1 289 1 208 1 327 1 424 1 636 1 652 1 662 1 675 1 501 1 437 1 393 1 435 1 476 1 632 1 654 1 687 1 711 1 732 1 752 1 772 1 791 1 810 3 544 2 623 2 508 2 317 2 450 2 393 1 815 1 518 1 473 1 076 1 008 984 997 971 968 974 969 963 956 949 942 935 3 767 3 718 4 013 3 864 3 763 3 686 4 088 3 606 3 421 2 814 2 471 2 140 2 243 2 451 2 450 2 470 2 492 2 505 2 523 2 534 2 550 2 563 2 375 2 077 1 691 1 417 1 563 1 582 1 532 1 512 1 463 1 241 1 106 1 202 1 288 1 293 1 299 1 316 1 337 1 353 1 369 1 384 1 398 1 412 394 550 499 487 655 733 764 877 1 132 966 1 180 1 471 1 736 1 911 1 990 2 064 2 121 2 157 2 194 2 230 2 266 2 298 660 658 642 439 449 398 444 447 469 460 504 475 539 568 594 615 619 622 625 628 631 634 615 584 674 660 768 826 1 048 874 690 653 725 706 672 691 714 730 745 758 772 785 798 812 359 369 320 365 345 286 335 362 397 428 458 431 489 552 579 593 600 607 613 620 626 632 501 530 399 307 354 373 347 357 355 329 396 366 408 417 422 431 433 434 439 439 444 445 6.6 -2.9 3.6 1.1 -7.1 -11.5 -0.3 -0.7 1.9 -12.1 3.1 0.6 -5.9 -4.7 2.1 1.1 6.8 14.0 7.6 1.6 -7.6 1.4 5.4 0.5 12.4 -7.6 1.1 1.7 -1.9 5.2 6.9 1.0 -8.2 1.1 3.4 0.5 2001/02-2011/12 1.7 2011/12-2021/22 2.3 Numbers shaded are forecasts -9.3 -0.5 -5.4 1.8 -5.3 1.6 10.3 4.6 -3.2 2.9 1.9 1.4 1.5 3.9 -3.6 2.0 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 949 957 882 821 815 811 830 841 928 783 680 658 663 705 730 747 760 773 785 798 809 821 144 132 96 70 119 121 124 194 181 176 203 229 261 286 307 331 356 382 410 439 469 502 246 200 202 201 142 149 142 174 173 186 239 266 225 241 259 268 277 285 293 301 309 317 Compound annual growth rate (%) -2.8 -1.2 -6.6 -4.5 13.0 13.3 2.9 9.3 0.9 1.5 7.1 2.7 -3.7 2.2 33 5.7 8.2 2.9 1.8 Total change per cent 153 180 159 132 130 129 124 135 136 120 162 125 129 129 148 150 155 160 165 170 175 180 187 313 202 227 205 208 240 329 297 219 171 145 154 177 192 199 209 218 228 238 248 258 556 465 411 406 387 418 417 465 586 511 492 507 564 581 605 639 664 687 711 735 760 785 190 198 221 219 207 253 342 381 438 436 369 370 408 462 510 533 555 576 598 620 642 666 478 336 359 409 488 517 545 574 662 480 326 387 385 398 410 421 431 439 446 453 460 466 1 919 1 805 1 747 1 573 1 608 1 547 1 715 1 791 1 780 1 659 1 504 1 314 1 435 1 570 1 641 1 694 1 732 1 769 1 808 1 844 1 883 1 920 573 533 452 400 503 516 562 602 572 502 451 418 444 501 526 535 547 558 569 581 592 603 174 174 185 306 265 191 228 236 277 200 190 220 210 217 230 239 247 255 262 269 277 284 578 367 337 262 381 420 400 428 515 504 540 500 499 525 542 558 570 581 592 603 614 625 19 650 17 975 17 324 16 306 17 232 17 207 17 705 17 379 17 444 15 179 14 566 14 348 15 227 16 279 16 771 17 193 17 532 17 815 18 108 18 391 18 684 18 967 n.a. -8.5 -3.6 -5.9 5.7 -0.1 2.9 -1.8 0.4 -13.0 -4.0 -1.5 6.1 6.9 3.0 2.5 2.0 1.6 1.6 1.6 1.6 1.5 -7.1 0.2 4.4 3.0 -5.2 -9.5 7.5 4.3 -2.1 4.0 5.5 3.4 11.6 1.6 8.4 3.7 10.1 -6.6 2.2 1.6 -1.0 -5.2 5.7 2.1 1.1 -5.8 5.5 2.0 5.6 -0.8 2.4 2.8 1.7 4.6 2.6 1.8 -0.3 -4.1 4.1 1.6 - -3.6 3.7 -7.4 5.9 0.9 4.5 6.5 6.0 1.4 1.9 -3.1 3.9 -2.4 3.7 2.4 2.6 3.1 2.2 -2.2 2.8 - 34 Asia-Pacific China Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 12.7 1.5 7.97 6.00 1 318 14.2 4.8 7.61 6.37 1 326 9.6 5.8 6.95 5.92 1 334 9.1 -0.7 6.83 5.40 1 343 10.3 3.3 6.77 6.22 1 352 9.2 5.4 6.46 6.67 1 362 7.8 2.6 6.31 6.54 1 371 8.2 3.2 6.23 6.42 1 380 8.0 3.5 6.15 6.11 1 389 7.7 3.2 6.16 6.11 1 398 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 8.2 per cent and 8.0 per cent in 2013 and 2014, respectively – lower than the 10 year long-run average of 10.4 per cent. In the medium to longer term, the Chinese economy is forecast to increase at an average annual rate of 7.1 per cent – lower than the long-run average. In 2012, visitor arrivals increased 15.5 per cent to 626,100 compared with 2011, and visitor nights increased 7.3 per cent to 29 million in the same period. Over the first eight months in 2012-13, arrivals have increased 16.3 per cent– 11.3 percentage points higher than the growth of total inbound arrivals. The Chinese Renminbi is expected to appreciate against the Australian dollar making Australia a more attractive destination for visitors from China. Market outlook Direct air capacity is expected to increase 22 per cent in 2012-13, higher than its 10 year long-run average of 18.2 per cent, and then 11.1 per cent in 2013-14. In the medium to longer term, air capacity is expected to grow at an average annual rate of about 8.2 per cent, lower than the long-run average. Visitor arrivals from China are now forecast to rise 15.9 per cent and 10.4 per cent to 676,100 in 2012-13 and 746,200 in 2013-14 respectively. This revision represents a difference of 57,000 more visitors. In the longer term to 2021-22, average annual growth of 6.4 per cent to 1.1 million is expected. Visitor nights are now forecast to rise 15.6 per cent and 10.1 per cent to 31 million nights in 2012-13 and 34 million nights in 2013-14 respectively, and to 56 million nights in 2021-22. Visitor expenditure is forecast to rise 16.5 per cent in 2012-13 to $4.5 billion. In the longer term to 2021-22, average annual growth of 7.1 per cent is forecast to reach $7.6 billion representing an upward revision of $197 million. 35 In the first eight months of 2012-13, Holiday, Employment, Visiting Friends/Relatives (VFR) and Business increased 26 per cent, 26 per cent, 18.6 per cent and 7.7 per cent respectively, while Education decreased 3.4 per cent. In the first six months of 2012-13, average length of stay increased 0.5 per cent to 42 nights per trip while total nights in hotels, motels, guesthouses and serviced apartments increased 8.3 per cent to 1.2 million compared with the same period in 2011-12. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) increased 22 per cent to $1,957 million compared with the same period in the previous financial year, while leisure expenditure increased by 17.4 per cent to $761million in the same period. Table 14 International visitor arrivals: China Business VFRa Holiday Otherd Total Total change '000 Average nights Total Share of nights in Nights in nights HMGSA b TITEc TITE HMGSA Total per visitor million per cent million $ million $ 27.8 30.3 40.2 41.7 39.6 40.6 45.1 42.5 49.5 57.1 51.6 46.1 45.9 45.8 46.4 46.8 47.9 48.5 49.2 49.3 50.5 51.1 4.0 5.2 7.1 9.1 10.9 11.9 15.3 15.9 17.7 22.5 25.8 26.9 31.0 34.2 37.2 39.6 42.7 45.0 47.5 49.5 52.8 55.5 16.7 14.9 10.6 10.4 13.9 13.7 11.7 13.0 8.3 7.6 8.3 9.2 9.1 9.5 9.3 9.1 8.8 8.6 8.4 8.3 8.1 7.9 0.7 0.8 0.8 0.9 1.5 1.6 1.8 2.1 1.5 1.7 2.1 2.5 2.8 3.2 3.5 3.6 3.8 3.9 4.0 4.1 4.3 4.4 1 031 1 258 1 349 1 542 1 913 1 875 2 050 2 493 2 901 3 112 3 610 3 853 4 487 4 845 5 228 5 526 5 925 6 228 6 553 6 812 7 263 7 631 7 189 7 300 7 614 7 109 6 970 6 414 6 058 6 645 8 102 7 899 7 223 6 608 6 637 6 493 6 528 6 522 6 658 6 716 6 788 6 781 6 953 7 030 14.5 8.3 23.9 -4.8 18.0 10.3 -3.7 11.5 0.4 12.0 -4.7 6.8 13.5 1.8 7.2 8.8 0.8 9.7 -0.8 8.8 9.0 0.2 3.2 6.4 4.1 1.3 5.4 -2.2 3.1 5.2 1.1 17.3 15.2 15.4 13.0 4.3 17.8 -4.7 12.3 11.8 -1.0 7.3 6.4 6.8 6.4 1.1 7.5 -1.5 5.9 7.1 0.6 per cent 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 39 36 38 51 62 67 73 71 46 53 66 63 70 74 79 84 87 90 93 96 99 102 18 19 19 24 28 34 40 46 52 67 82 96 114 128 139 149 158 165 172 179 186 194 57 70 74 91 120 132 158 177 171 165 226 290 351 393 420 440 458 473 489 505 521 536 23 31 35 41 50 58 65 78 86 104 120 128 136 145 156 169 181 193 205 219 232 247 143 172 177 217 274 292 338 375 358 394 500 583 676 746 801 847 890 927 965 1 005 1 044 1 085 2001/02-2006/07 14.9 15.8 17.6 16.2 2006/07-2011/12 -2.7 18.8 12.8 14.6 2011/12-2016/17 6.6 10.6 9.6 2016/17-2021/22 3.2 4.2 2001/02-2011/12 5.7 2011/12-2021/22 4.9 n.a. 20.1 2.8 22.4 26.5 6.5 15.8 10.9 -4.6 10.0 26.9 16.7 15.9 10.4 7.3 5.8 5.0 4.2 4.1 4.0 4.0 3.9 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 8000 0 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 36 2015-16 2018-19 2021-22 0 200 2000 400 4000 Expenditure ($m) Arrivals (000s) 600 800 6000 1000 1200 China - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Hong Kong Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7.0 2.0 7.77 5.85 7.0 6.5 2.0 7.80 6.54 7.0 2.1 4.3 7.79 6.63 7.0 -2.5 0.6 7.75 6.13 7.1 6.8 2.3 7.77 7.14 7.1 4.9 5.3 7.78 8.04 7.1 1.4 4.1 7.76 8.03 7.2 3.5 4.0 7.77 8.01 7.2 4.1 4.2 7.78 7.73 7.2 4.2 3.4 7.78 7.72 7.2 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 3.5 per cent and 4.1 per cent in 2013 and 2014 respectively–lower than its 10-year long-run average of 4.5 per cent. In the medium to longer term, the Hong Kong economy is expected to increase at an average annual rate of 3.5 per cent–lower than its long-run average. In 2012, visitor arrivals increased 6.2 per cent to 176,800 compared with 2011, and visitor nights increased 0.3 per cent to 5.9 million in the same period. Over the first eight months in 2012-13, arrivals have increased 9 per cent – 4 percentage points higher than the growth of total inbound arrivals. The Hong Kong dollar is expected to appreciate against the Australian dollar making Australia a more attractive destination for visitors from Hong Kong. In the first eight months of 2012-13, Holiday and VFR increased 17 per cent and 11.5 per cent respectively, while Employment, Education and Business decreased 9.5 per cent, 6.2 per cent and 1.7 per cent respectively. Market outlook Direct air capacity is expected to increase 5.0 per cent in 2012-13, higher than its 10 year long-run average of 4.4 per cent and then 2.1 per cent in 2013-14. In the medium to longer term, air capacity is expected to increase at an average annual rate of 1.5 per cent, lower than the long-run average. In the first six months of 2012-13, average length of stay decreased 6.1 per cent to 31 nights per trip while total nights in hotels, motels, guesthouses and serviced apartments increased 17.3 per cent to 0.4 million compared with the same period in 2011-12. Visitor arrivals from Hong Kong are now forecast to rise 8.7 per cent and 3.1 per cent to 183,500 in 2012-13 and 189,200 in 2013-14 respectively. This revision represents a difference of 25,800 more visitors in aggregate. In the longer term to 2021-22, average annual growth of 3.2 per cent to 230,900 visitors is expected. Visitor nights are now forecast to rise 9.4 per cent to 6.4 million in 2012-13 and then decrease 6.0 per cent to 6.0 million nights in 2013-14 and to 7.7 million nights in 2021-22. Visitor expenditure is forecast to rise 3.0 per cent in 2012-13 to $826 million. In the longer term to 2021-22, average annual growth of 2.4 per cent is forecast to $1.0 billion representing a downward revision of $83 million. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) decreased 2.2 per cent to $382 million in July to December 2012 compared with the same period in the previous financial year, while leisure expenditure increased by 12.4 per cent to $206 million in the same period. 37 Table 15 International visitor arrivals: Hong Kong Business VFRa Holiday Otherd Total Total change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Average TITEc TITE HMGSA Total per visitor million $ million $ 16.4 15.8 18.2 14.2 23.1 14.2 13.7 12.3 11.3 11.7 10.8 11.2 10.4 11.3 12.1 11.9 11.9 12.0 12.1 12.1 12.2 12.3 0.6 0.6 0.6 0.5 0.8 0.6 0.6 0.6 0.5 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.9 0.9 0.9 874 1 016 751 704 647 729 748 751 788 767 846 802 826 843 868 895 917 934 957 975 997 1 017 5 670 6 840 5 342 5 322 4 347 4 588 4 885 5 120 5 260 4 972 4 986 4 752 4 505 4 454 4 441 4 446 4 440 4 421 4 427 4 409 4 413 4 403 b million per cent 24.0 26.0 24.2 28.1 21.9 28.3 29.2 30.9 32.1 35.8 31.5 34.7 34.9 31.8 30.6 31.0 31.4 31.8 32.1 32.5 32.9 33.2 3.7 3.9 3.4 3.7 3.3 4.5 4.5 4.5 4.8 5.5 5.3 5.9 6.4 6.0 6.0 6.2 6.5 6.7 6.9 7.2 7.4 7.7 nights per cent n.a. -3.6 -5.3 -6.0 12.6 6.6 -3.6 -4.2 2.2 3.0 9.9 -0.4 8.7 3.1 3.3 2.9 2.6 2.3 2.3 2.3 2.2 2.2 Share of nights in Nights in Total nights HMGSA 20 17 16 17 19 21 23 24 21 24 26 26 25 26 27 28 29 30 30 31 32 33 29 28 29 32 37 40 38 36 38 38 44 41 45 46 47 49 50 51 52 53 54 55 85 72 64 61 69 74 67 62 64 64 72 74 85 87 90 92 94 96 98 100 101 103 15 16 16 15 17 20 21 21 22 23 22 22 23 23 25 26 28 29 30 31 33 34 154 149 141 132 149 159 153 147 150 154 170 169 183 189 196 201 207 211 216 221 226 231 6.2 5.8 -1.4 6.3 0.6 2.3 2.9 -2.8 0.0 -6.0 -6.5 1.7 1.6 2.1 0.5 2.0 3.5 5.6 -3.9 1.4 1.4 -0.5 2.5 4.0 4.9 5.0 4.1 -2.0 2.1 1.2 3.3 2.7 -1.3 2.6 1.9 1.9 4.2 2.3 1.1 3.4 0.6 4.0 2.1 -0.2 3.9 3.7 0.3 3.3 1.3 2.9 4.2 -3.4 0.7 -2.3 -3.6 2.5 2.9 3.4 4.6 3.2 -0.4 2.7 0.9 3.7 2.4 -0.8 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology. The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 500 100 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 38 2015-16 2018-19 2021-22 0 150 Arrivals (000s) Expenditure ($m) 200 1000 250 1500 Hong Kong - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 India Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 9.3 4.4 44.2 33.3 1 103 9.7 6.7 45.2 34.5 1 120 7.8 6.2 40.3 34.9 1 136 6.9 9.1 46.3 36.2 1 153 8.6 12.4 47.6 40.4 1 169 8.2 10.4 45.8 43.2 1 185 5.9 8.4 48.3 50.5 1 201 5.2 9.6 54.3 56.1 1 217 6.3 7.8 53.2 54.4 1 232 7.4 6.8 52.4 51.8 1 248 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data. Economic outlook Market performance Economic growth is expected to increase 5.2 per cent and 6.3 per cent in 2013 and 2014 respectively–lower than the 10 year long-run average of 7.8 per cent. In the medium to longer term, the Indian economy is expected to increase at an average annual rate of 7.3 per cent – lower than the long-run average, placing downside risk to the forecasts. In 2012, Visitor arrivals increased 7.5 per cent to 159,300 compared with 2011. Visitor nights increased 3.7 per cent to 10.1 million in the same period. Over the first eight months in 2012-13, arrivals have increased 7.4 per cent–2.5 percentage points higher than the growth of total inbound arrivals. The Indian Rupee is expected to appreciate against the Australian dollar making Australia a more attractive destination for visitors from India. In the first eight months of 2012-13, VFR, Holiday and Employment increased 16.1 per cent, 13.7 per cent and 8.1 per cent respectively while Education and Business decreased 20 per cent and 0.9 per cent respectively. Market outlook Currently there are no direct flights between India and Australia. Visitors from India travel to Australia via the Asian hubs including Bangkok, Hong Kong and Singapore. The direct flights are expected to be resumed in the first half of 2013-14. Average length of stay increased 20 per cent to 66 nights per trip, while total nights in hotels, motels, guesthouses and serviced apartments increased 17.2 per cent to 0.5 million compared with the same period in 2011/12. Visitor arrivals from India are now forecast to rise 7.5 per cent and 7.6 per cent to 163,800 in 2012-13 and 176,300 in 2013-14 respectively. This revision represents a difference of 6500 more visitors in aggregate. In the longer term to 2021-22, average annual growth of 7.2 per cent to 306,100 visitors is expected. Visitor nights are now forecast to rise 13.0 per cent to 10 million in 2012-13 and then increase 9.1 per cent to 10.9 million nights in 2013-14 and to 17.1 million nights in 2021-22. Visitor expenditure is forecast to rise 19.8 per cent in 2012-13 to $867 million. In the longer term to 2021-22, average annual growth of 10.9 per cent is forecast to $2 billion, representing an upward revision of $354 million. Expenditure as defined by Total Inbound Tourism Expenditure (TITE) increased 21 per cent to $405 million in July to December 2012 compared with the same period in the previous financial year, while leisure expenditure increased by 16.7 per cent to $135 million in the same period. 39 Table 16 International visitor arrivals: India Business VFRa Holiday Otherd Total '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Total change Average nights TITEc Total TITE per visitor million per cent million $ million $ 50.8 38.2 45.5 31.6 39.4 43.7 50.0 53.1 61.1 61.3 67.4 58.1 61.0 61.9 60.7 59.6 58.8 58.2 57.6 57.0 56.5 56.0 2.3 1.8 1.9 1.7 2.3 3.5 4.4 5.7 7.4 8.0 9.7 8.9 10.0 10.9 11.6 12.2 13.0 13.7 14.5 15.3 16.2 17.1 8.4 12.9 10.3 19.0 19.9 19.0 17.2 19.9 12.8 8.9 12.0 10.2 9.9 9.9 10.0 10.1 10.1 10.1 10.1 10.0 10.0 10.0 0.2 0.2 0.2 0.3 0.5 0.7 0.8 1.1 0.9 0.7 1.2 0.9 1.0 1.1 1.2 1.2 1.3 1.4 1.5 1.5 1.6 1.7 464 351 290 218 348 401 459 740 859 804 960 724 867 1 000 1 092 1 196 1 313 1 434 1 567 1 710 1 864 2 030 10 166 7 416 7 025 4 056 5 871 5 082 5 220 6 875 7 132 6 191 6 647 4 751 5 294 5 675 5 728 5 823 5 961 6 090 6 224 6 360 6 496 6 633 per cent n.a. 3.6 -12.8 30.5 10.1 33.2 11.5 22.4 11.9 7.8 11.2 5.5 7.5 7.6 8.1 7.7 7.3 7.0 6.9 6.8 6.7 6.7 Share of Total nights in Nights in nights HMGSA b HMGSA 10 9 9 12 13 20 22 27 26 26 29 28 28 29 30 32 34 36 38 40 42 44 9 7 8 9 12 15 19 24 32 43 47 54 61 65 69 73 76 79 83 87 90 94 15 17 12 16 19 22 23 27 26 25 27 29 33 37 42 46 51 56 61 66 72 78 9 8 8 13 12 20 23 28 36 36 39 38 40 43 47 52 57 62 68 74 81 88 46 47 41 54 59 79 88 108 120 130 144 152 164 176 191 205 220 236 252 269 287 306 20.2 21.8 6.5 24.3 13.2 5.5 19.5 5.9 26.6 5.5 -6.8 4.6 23.3 5.3 10.4 11.6 3.0 15.0 -9.9 3.7 9.5 -1.9 4.1 7.0 11.5 8.5 7.6 0.2 7.9 -0.3 7.6 12.6 4.6 5.2 4.4 8.9 8.9 6.8 -1.0 5.7 -0.2 5.6 9.1 2.2 12.1 22.5 5.9 17.1 12.4 4.3 17.2 -2.3 14.5 7.5 -4.4 4.7 5.7 10.2 8.7 7.2 -0.4 6.8 -0.2 6.6 10.9 3.4 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology. The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 0 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 40 2015-16 2018-19 2021-22 0 50 500 100 Arrivals (000s) 150 200 1000 1500 Expenditure ($m) 250 2000 300 350 2500 India - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Indonesia Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 5.5 13.1 9 171 6 905 233 6.3 6.4 9 131 7 655 236 6.0 9.8 9 673 8 157 239 4.6 4.8 10 417 8 162 242 6.2 5.1 9 092 8 350 244 6.5 5.4 8 769 9 050 247 6.2 4.3 9 364 9 696 249 6.2 5.1 9 705 9 998 252 6.2 5.1 9 616 9 547 255 6.3 5.3 9 515 9 439 257 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 6.2 per cent in 2013 and 2014 respectively–higher than the 10-year long-run average of 5.7 per cent. In the medium to longer term, the Indonesian economy is expected to increase at an average annual rate of 6.1 per cent–higher than the long-run average, placing upside risk to the forecasts. In 2012, visitor arrivals increased 3.7 per cent to 145,500 compared with 2011. Visitor nights decreased 1.4 per cent to 4.7 million in the same period. Over the first eight months in 2012-13, arrivals have increased 3.8 per cent–1.1 percentage points lower than the growth for total inbound arrivals. The Indonesian Rupiah is expected to depreciate against the Australian dollar making Australia a less attractive destination for visitors from Indonesia. Market outlook Direct air capacity is expected to decrease 3.5 per cent in 2012-13 before picking up by 4.3 per cent in 2013-14, lower than its 10-year long-run average of 10.0 per cent. In the medium to longer term, air capacity is expected to increase at an average annual rate of 4.8 per cent–lower than the long-run average. Visitor arrivals from Indonesia are now forecast to rise 3.6 per cent and 7.3 per cent to 146,700 in 2012-13 and 157,400 in 2013-14 respectively. This revision represents a difference of 5,700 fewer visitors in aggregate. In the longer term to 2021-22, average annual growth of 5.5 per cent to 242,400 visitors is expected. Visitor nights are now forecast to rise 10.4 per cent and 9.4 per cent to 4.9 million nights in 2012-13 and 5.4 million nights in 2013-14 respectively, and to 8.9 million nights in 2021-22. Visitor expenditure is forecast to decrease 5.8 per cent in 2012-13 to $620 million. In the longer term to 2021-22, average annual growth of 3.4 per cent is forecast to $923 million, representing a downward revision of $215 million. 41 In the first eight months of 2012-13, Business, Visiting Friends and Relatives, Holiday and Education increased 11.6 per cent, 9.7 per cent, 3.8 per cent and 2.8 per cent respectively, while Employment decreased 27 per cent. In the first six months of 2012-13, average length of stay increased 6.9 per cent to 30 nights per trip while the total night in hotels, motels, guesthouses and serviced apartments increased 3.3 per cent to 217,000 in the same period compared with the same period in 2011-12. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) decreased 4.7 per cent to $322 million compared with the same period in the previous financial year, while leisure expenditure decreased 23 per cent to $134 million in the same period. Table 17 International visitor arrivals: Indonesia Business VFRa Holiday Otherd Total Total change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 11 9 8 10 10 10 12 14 12 15 17 17 19 20 21 22 23 24 25 26 27 28 16 13 14 14 14 15 14 15 16 21 22 22 25 26 28 30 32 33 35 37 38 40 5.7 7.2 Average nights Total Share of nights in Nights in nights HMGSA b TITEc TITE HMGSA Total per visitor million per cent million $ million $ 37.5 31.3 31.6 41.3 34.4 34.1 36.7 35.7 34.2 38.4 39.3 31.5 33.5 34.2 34.5 35.0 35.3 35.6 35.8 36.1 36.4 36.7 3.7 3.0 2.7 3.8 2.8 2.8 3.1 3.3 3.3 4.5 5.2 4.5 4.9 5.4 5.8 6.3 6.7 7.1 7.5 7.9 8.4 8.9 6.9 9.4 7.1 7.4 12.1 12.7 10.9 10.8 13.2 8.6 11.9 11.7 10.8 11.5 11.8 12.0 11.9 11.9 11.9 11.9 11.9 11.8 0.3 0.3 0.2 0.3 0.3 0.4 0.3 0.4 0.4 0.4 0.6 0.5 0.5 0.6 0.7 0.8 0.8 0.8 0.9 0.9 1.0 1.1 639 586 509 546 431 435 418 521 476 521 638 659 620 617 661 705 741 775 810 847 884 923 6 505 6 196 5 862 5 968 5 234 5 322 4 906 5 594 4 972 4 407 4 795 4 653 4 229 3 920 3 922 3 933 3 915 3 890 3 868 3 848 3 827 3 807 -2.1 3.2 1.1 2.9 4.0 -6.5 -4.6 10.7 -3.0 7.3 1.4 8.9 9.5 -1.1 6.0 2.3 8.5 0.5 9.0 2.4 -3.4 6.8 5.1 0.8 5.9 -0.2 5.7 4.5 -0.6 5.4 4.0 4.1 0.1 4.2 2.1 6.4 1.2 -2.8 5.6 6.0 5.5 1.6 7.2 0.2 7.3 3.4 -2.0 per cent 44 39 36 39 34 33 35 35 39 51 60 66 69 75 80 85 90 94 99 104 108 114 23 21 20 21 19 22 23 26 25 28 30 31 31 32 34 37 40 43 46 49 52 56 1.2 -2.1 1.3 9.6 13.4 6.7 6.3 7.3 6.4 5.2 3.8 5.0 4.8 6.4 5.3 5.0 6.1 98 95 87 91 82 82 85 93 96 118 133 142 147 157 169 179 189 199 209 220 231 242 n.a. -3.7 -8.2 5.3 -10.0 -0.7 4.2 9.3 2.8 23.5 12.5 6.3 3.6 7.3 7.1 6.3 5.7 5.2 5.1 5.1 5.0 4.9 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology. The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 800 400 100 Arrivals (000s) 150 600 Expenditure ($m) 200 250 1000 Indonesia - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 2000-01 2003-04 2006-07 2009-10 2012-13 42 2015-16 2018-19 200 50 Arrivals Expenditure 2021-22 Japan Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1.7 0.2 116 88 127 2.2 0.1 118 99 127 -1.1 1.4 103 88 127 -5.5 -1.3 94 74 127 4.7 -0.7 88 81 127 -0.5 -0.3 80 82 126 1.9 0.0 80 83 126 1.2 0.0 92 94 125 1.2 1.8 92 92 125 1.0 0.9 92 92 124 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 1.2 per cent and 1.2 per cent in 2013 and 2014, respectively, consistent with the 10-year long-run average of 0.8 per cent. In the medium to longer term, the Japanese economy is expected to increase at an average annual rate of 1.0 per cent – slightly higher than the long-run average. In 2012, visitor arrivals increased 6.4 per cent to 353,900 compared with 2011. Visitor nights increased 31 per cent to 10.5 million in the same period. Over the first eight months in 2012-13, arrivals have increased 2.0 per cent–3 percentage points lower than the growth for the total inbound arrivals. The Japanese Yen is expected to depreciate against the Australian dollar, making Australia a less attractive destination for visitors from Japan. In the first eight months of 2012-13, Employment, Visiting Friends and Relatives (VFR), Education and Holiday increased 161 per cent, 6.4 per cent, 2.2 per cent and 0.5 per cent, while Business decreased 6.7 per cent. Market outlook Direct air capacity is expected to 11.4 per cent and 6.1 per cent in 2012-13 and 2013-14, respectively, much higher than its 10 year long-run average of 6.0 per cent declining. In the medium to longer term, air capacity is expected to increase at an average annual rate of 3.7 per cent, higher than the long-run average. In the first six months of 2012-13, average length of stay increased 29 per cent to 30 nights per trip, while total nights in hotels, motels, guesthouses and serviced apartments increased 12.6 per cent to 746,000 compared with the same period in 2011-12. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) increased 13.9 per cent to $880 million compared with the same period in the previous financial year, while leisure expenditure increased by 10.6 per cent to $589 million in the same period. Visitor arrivals from Japan are now forecast to rise 2.0 per cent and 3.9 per cent to 351,100 in 2012-13 and 364,800 in 2013-14 respectively. This revision represents a difference of 4,700 more visitors in aggregate. In the longer term to 2021-22, average annual growth of 1.7 per cent to 408,200 is expected. Visitor nights are now forecast to rise 2.5 per cent and 0.7 per cent to 9.2 million nights in 2012-13 and 9.3 million nights in 2013-14 respectively, and to 9.5 million nights in 2021-22. Visitor expenditure is forecast to rise 5.4 per cent in 2012-13 to $1.6 billion. In the longer term to 2021-22, average annual growth of 0.8 per cent is forecast to $1.6 billion, representing an upward revision of $1 million. 43 Table 18 International visitor arrivals: Japan Business VFRa Holiday Otherd Total Total change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 37 34 35 42 37 43 46 41 36 34 37 36 35 35 37 38 38 39 39 40 40 41 26 25 30 34 34 32 34 32 29 32 33 31 33 34 35 36 36 37 37 37 38 38 597 410 504 541 571 548 482 404 301 264 257 237 238 249 255 259 263 266 270 273 276 280 Average nights per cent 38 44 45 51 44 48 46 42 34 32 35 38 43 45 45 46 46 47 47 48 48 48 724 659 659 688 701 674 610 521 404 364 364 344 351 365 374 380 386 391 395 400 404 408 n.a. -9.0 -0.1 4.4 1.9 -3.8 -9.5 -14.6 -22.6 -9.9 0.1 -5.4 2.0 3.9 2.4 1.8 1.4 1.2 1.2 1.1 1.1 1.0 Total Share of nights in Nights in TITEc TITE HMGSA Total per visitor per cent million $ million $ 35.5 31.8 33.2 25.7 25.5 22.8 19.4 19.5 17.1 17.3 15.2 12.9 13.4 13.6 13.8 13.9 14.0 14.2 14.4 14.6 14.8 14.9 3.1 2.8 2.9 2.8 2.7 2.7 2.3 2.0 1.5 1.4 1.3 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 4 140 3 351 3 103 3 039 3 043 3 186 2 405 2 036 1 953 1 529 1 474 1 470 1 550 1 536 1 558 1 567 1 575 1 579 1 584 1 588 1 591 1 593 5 716 5 083 4 712 4 421 4 341 4 724 3 941 3 906 4 838 4 203 4 048 4 269 4 414 4 210 4 170 4 121 4 081 4 043 4 008 3 974 3 938 3 903 -5.0 b million 8.8 8.9 8.7 10.9 10.7 11.7 12.0 10.4 8.7 7.9 8.4 9.0 9.2 9.3 9.4 9.4 9.5 9.5 9.5 9.5 9.5 9.5 nights HMGSA 12.1 13.5 13.2 15.8 15.3 17.3 19.6 20.0 21.4 21.8 23.0 26.0 26.2 25.4 25.1 24.8 24.5 24.3 24.0 23.8 23.5 23.3 5.8 6.2 3.3 1.2 -1.5 7.7 6.0 -9.4 -3.9 -6.4 -4.4 -1.7 -13.3 -3.7 -10.8 5.9 -5.6 -7.8 -13.0 -9.4 1.6 1.0 3.2 2.1 3.9 2.3 -1.2 1.1 1.7 2.8 1.4 -0.9 1.2 0.7 1.2 0.8 1.1 -1.0 0.1 1.2 1.3 0.2 -0.9 0.6 2.2 -5.4 -1.3 -6.3 6.8 0.0 -8.6 -8.6 -7.9 -1.7 1.1 1.9 1.7 2.4 1.7 -1.1 0.6 1.5 2.1 0.8 -0.9 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology. The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 5000 0 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 44 2015-16 2018-19 2021-22 1000 2000 500 Arrivals (000s) 3000 Expenditure ($m) 1000 4000 1500 Japan - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Malaysia Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 5.6 3.6 3.67 2.76 24.6 6.3 2.0 3.44 2.88 25.1 4.8 5.4 3.33 2.82 25.5 -1.5 0.6 3.52 2.78 25.9 7.2 1.7 3.22 2.96 26.4 5.1 3.2 3.06 3.16 26.8 5.3 1.7 3.09 3.20 27.3 5.1 2.2 3.05 3.14 27.7 5.2 2.8 3.00 2.98 28.2 5.4 3.1 3.02 2.99 28.7 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 5.1 per cent and 5.2 per cent in 2013 and 2014 respectively, consistent with the 10-year long-run average of 5.1 per cent. In the medium to longer term, the Malaysian economy is expected to increase at an average annual rate of 4.8 per cent –slightly lower than the long-run average. In 2012, visitor arrivals increased 8.8 per cent to 262,500 compared with 2011, while visitor nights increased 10.2 per cent to 7.5 million in the same period. Over the first eight months in 2012-13, arrivals have increased 14.9 per cent–10 percentage points higher than the growth for total inbound arrivals. The Malaysian Ringgit is expected to appreciate against the Australian dollar, making Australia a more attractive destination for visitors from Malaysia. In the first eight months of 2012-13, VFR, Holiday and Business increased 25 per cent, 19.6 per cent and 3.0 per cent respectively, while Employment and Education decreased 10.2 per cent and 4.2 per cent respectively. Market outlook Direct air capacity is expected to increase 21 per cent and 10.1 per cent in 2012-13 and 2013-14 respectively, higher than its 10-year long-run average of 6.7 per cent. In the medium to longer term, air capacity is expected to increase at an average annual rate of 4.6 per cent, lower than the long-run average. In the first six months of 2012-13, average length of stay increased 1.7 per cent to 26 nights per trip, while total nights in hotels, motels, guesthouses and serviced apartments increased 44 per cent to 606, 000 compared with the same period in 2011-12. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) increased 5.5 per cent to $512 million compared with the same period in the previous financial year, while leisure expenditure increased by 7.2 per cent to $236 million in the same period. Visitor arrivals from Malaysia are now forecast to rise 13.9 per cent and 9.1 per cent to 276,900 in 2012-13 and 302,100 in 2013-14 respectively. This revision represents a difference of 74,400 more visitors in aggregate. In the longer term to 2021-22, average annual growth of 4.7 per cent to 384,100 is expected. Visitor nights are now forecast to rise 15.8 per cent and 13.3 per cent to 8.0 million nights in 2012-13 and 9.1 million nights in 2013-14 respectively, and to 13.3 million nights in 2021-22. Visitor expenditure is forecast to rise 9.6 per cent in 2012-13 to $1.1 billion. In the longer term to 2021-22, average annual growth of 3.9 per cent is forecast, to $1.5 billion representing an upward revision of $59 million. 45 Table 19 International visitor arrivals: Malaysia Business VFRa Holiday Otherd Total Total Average change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 14 13 13 15 16 16 18 20 18 19 21 24 24 26 27 28 29 30 31 32 33 34 2001/02-2011/12 2011/12-2021/22 27 24 26 31 33 29 31 34 41 47 53 52 63 69 72 75 77 79 82 84 87 89 nights 17 19 18 21 23 25 28 27 33 35 37 35 37 39 41 44 46 48 51 53 56 58 148 154 142 175 169 153 157 166 195 214 244 243 277 302 314 324 334 344 354 364 374 384 n.a. 3.9 -7.7 23.1 -3.6 -9.8 3.0 5.7 17.5 9.9 13.8 -0.3 13.9 9.1 3.9 3.3 3.1 2.9 2.9 2.8 2.8 2.7 nights HMGSA b TITEc TITE HMGSA Total per visitor million per cent million $ million $ 24.5 22.8 23.0 25.8 26.8 32.6 33.9 33.6 34.5 31.0 28.7 28.5 29.0 30.1 30.9 31.5 31.9 32.5 33.0 33.5 34.0 34.5 3.6 3.5 3.3 4.5 4.5 5.0 5.3 5.6 6.7 6.6 7.0 6.9 8.0 9.1 9.7 10.2 10.7 11.2 11.7 12.2 12.7 13.3 15.0 13.5 13.1 14.5 15.9 11.1 11.8 11.1 11.2 10.4 10.8 12.1 13.1 12.8 12.5 12.1 12.0 11.9 11.8 11.8 11.7 11.6 0.5 0.5 0.4 0.7 0.7 0.6 0.6 0.6 0.8 0.7 0.8 0.8 1.1 1.2 1.2 1.2 1.3 1.3 1.4 1.4 1.5 1.5 692 730 663 802 720 721 772 939 967 1 027 1 048 1 046 1 147 1 249 1 306 1 356 1 386 1 414 1 443 1 471 1 501 1 530 4 664 4 732 4 656 4 575 4 259 4 729 4 918 5 656 4 957 4 793 4 299 4 303 4 140 4 136 4 163 4 181 4 147 4 112 4 078 4 044 4 015 3 985 per cent 87 83 74 99 90 80 77 82 99 107 125 126 146 161 167 171 175 180 184 188 192 196 Share of nights in Nights in Total 6.6 5.0 -1.4 8.5 0.4 8.2 8.6 -2.7 5.7 1.1 0.8 5.5 11.1 10.2 4.5 9.1 -3.4 5.5 0.6 6.1 6.2 -2.6 4.1 8.3 6.9 5.7 6.6 2.3 9.0 -0.2 8.8 5.8 -0.7 3.0 3.0 2.3 4.9 2.8 1.6 4.4 -0.8 3.6 2.0 -0.8 6.0 8.0 4.2 6.5 4.7 2.3 7.0 -1.1 5.9 3.7 -0.9 3.6 5.6 4.6 5.3 4.7 1.9 6.7 -0.5 6.2 3.9 -0.8 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 500 100 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 46 2015-16 2018-19 2021-22 0 200 Arrivals (000s) 300 1000 Expenditure ($m) 400 1500 500 2000 Malaysia - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 New Zealand Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2.9 3.4 1.54 1.16 4.1 3.4 2.4 1.36 1.14 4.2 -0.8 4.0 1.42 1.19 4.2 -1.6 2.1 1.60 1.25 4.2 1.7 2.3 1.39 1.27 4.3 1.5 4.0 1.27 1.31 4.3 2.3 1.1 1.24 1.28 4.3 2.6 1.4 1.21 1.24 4.4 2.9 2.2 1.25 1.24 4.4 2.5 2.5 1.24 1.23 4.5 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 2.6 per cent and 2.9 per cent in 2013 and 2014 respectively–higher than the 10 year long-run average of 2.1 per cent. In the medium to longer term, the New Zealand economy is expected to increase at an average annual rate of 2.6 per cent–higher than the long-run average. In 2012, visitor arrivals increased 2.4 per cent to 1,200,700 compared with 2011. Visitor nights increased 2.0 per cent to 17 million in the same period. Over the first eight months in 2012-13, arrivals have increased 1.7 per cent– 3.2 percentage points lower than growth for total inbound arrivals during the same period. The New Zealand dollar is expected to appreciate against the Australian dollar making Australia a more attractive destination for visitors from New Zealand. . Market outlook Direct air capacity is expected to remain flat in 2012-13 before picking up to an increase of 1.0 per cent in 2013-14, much lower than its 10-year long-run average of 5.2 per cent. In the medium to longer term, air capacity is expected to increase at an average annual rate of 2.4 per cent, lower than the long-run average. Visitor arrivals from New Zealand are now forecast to rise 1.6 per cent and 1.7 per cent to 1,210,600 in 2012-13 and 1,231,500 in 2013-14 respectively. This revision represents a difference of 21,400 more visitors in aggregate. In the longer term to 2021-22, average annual growth of 1.9 per cent to 1.4 million is expected. Visitor nights are now forecast to rise 2.8 per cent to 17.2 million nights in 2012-13 and decrease 0.3 per cent to 17.1 million nights in 2013-14respectively, and to increase to 19.4 million nights in 2021-22. Visitor expenditure is forecast to rise 2.4 per cent in 2012-13 to $2.3 billion. In the longer term to 2021-22, average annual growth of 1.9 per cent is forecast to $2.7 billion, representing an upward revision of $194 million. 47 For the first eight months of 2012-13, Education and VFR increased 11.5 per cent and 2.7 per cent respectively, while Employment, Business and Holiday decreased 8.7 per cent, 0.4 per cent and 0.4 per cent respectively. In the first six months of 2012-13, average length of stay increased 1.1 per cent to 14.8 nights per trip while total nights in hotels, motels, guesthouses and serviced apartments decreased 2.0 per cent to 1.9 million compared with the same period in 2011-12. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) increased 1.3 per cent to $1.3 billion compared with the same period in the previous financial year, while leisure expenditure decreased by 3.4 per cent to $800 million in the same period. Table 20 International visitor arrivals: New Zealand Business VFRa Holiday Otherd Total Total change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Average nights Total Share of nights in Nights in nights HMGSA b TITEc TITE HMGSA Total per visitor million per cent million $ million $ 16.7 14.1 13.8 13.7 12.9 14.5 14.2 13.9 13.8 12.7 13.9 14.0 14.2 13.9 14.2 13.6 13.6 13.6 13.5 13.5 13.5 13.4 13.8 11.1 11.0 12.6 14.0 15.8 15.8 15.6 15.3 14.3 16.4 16.7 17.2 17.1 17.9 17.6 17.9 18.2 18.5 18.8 19.1 19.4 15.2 22.6 22.2 23.2 24.9 23.2 25.5 25.3 23.0 23.1 21.6 19.4 18.8 19.1 19.0 19.8 19.8 19.9 20.0 20.0 20.1 20.1 2.1 2.5 2.4 2.9 3.5 3.7 4.0 3.9 3.5 3.3 3.5 3.3 3.2 3.3 3.4 3.5 3.6 3.6 3.7 3.8 3.8 3.9 1 988 1 877 1 965 2 055 2 324 2 447 2 466 2 548 2 263 2 164 2 246 2 276 2 332 2 463 2 558 2 547 2 588 2 622 2 652 2 683 2 714 2 744 2 399 2 383 2 478 2 219 2 148 2 243 2 211 2 273 2 047 1 926 1 899 1 911 1 926 2 000 2 031 1 973 1 963 1 952 1 939 1 927 1 915 1 904 7.2 0.2 7.4 2.4 10.0 5.6 -1.5 1.3 -0.2 1.2 -5.3 -4.2 -1.6 -2.9 4.4 2.0 -0.7 1.4 0.4 1.8 2.6 0.5 1.9 3.2 1.8 -0.2 1.6 0.3 1.8 1.2 -0.6 6.3 3.8 8.6 4.2 0.0 4.2 -1.5 2.7 1.9 -2.2 2.1 1.8 3.8 1.9 -0.4 1.5 0.3 1.8 1.9 0.0 141 150 149 170 191 201 205 213 199 196 208 213 213 219 224 228 231 233 236 238 240 242 253 200 198 247 285 281 289 302 330 338 360 369 380 387 396 405 414 422 430 439 447 456 6.5 0.8 per cent 355 316 331 406 489 485 493 468 440 456 464 459 461 465 474 487 498 508 518 528 537 547 56 44 41 48 59 75 80 86 87 89 100 101 103 110 115 120 125 129 133 137 142 146 828 788 793 926 1 082 1 091 1 115 1 121 1 106 1 123 1 183 1 191 1 211 1 231 1 259 1 291 1 318 1 343 1 368 1 392 1 417 1 441 7.6 9.3 12.7 5.0 -1.4 4.7 1.6 2.3 1.7 0.9 2.0 3.6 1.3 n.a. -4.9 0.7 16.8 16.8 0.8 2.2 0.6 -1.4 1.6 5.3 0.7 1.6 1.7 2.3 2.5 2.2 1.9 1.8 1.8 1.8 1.7 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 3000 2500 400 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 48 2015-16 2018-19 2021-22 1500 600 800 2000 Expenditure ($m) Arrivals (000s) 1000 1200 1400 1600 New Zealand - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Singapore Economic assumptions Singapore GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 8.6 1.0 1.59 1.20 4.5 8.5 2.1 1.51 1.26 4.6 1.8 6.5 1.42 1.20 4.6 -0.6 0.6 1.45 1.15 4.7 14.8 2.8 1.36 1.25 4.7 4.9 5.2 1.26 1.30 4.8 1.2 4.6 1.25 1.29 4.8 2.7 3.7 1.22 1.26 4.8 3.9 3.3 1.21 1.20 4.9 4.2 2.6 1.19 1.18 4.9 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 2.7 per cent and 3.9 per cent in 2013 and 2014 respectively–lower than the 10 year long-run average of 6.2 per cent. In the medium to longer term, the Singaporean economy is expected to increase at an average annual rate of 4.0 per cent–lower than the long-run average. In 2012, visitor arrivals increased 7.8 per cent to 343,500 compared with 2011. Visitor nights increased 11.8 per cent to 6.8 million in the same period. Over the first eight months in 2012-13, arrivals have increased 14.4 per cent–9.5 percentage points higher than growth of total inbound arrivals. The Singapore dollar is expected to appreciate against the Australian dollar, making Australia a more attractive destination for visitors from Singapore. Market outlook For the first eight months of 2012-13, Holiday, VFR and Business increased 27 per cent, 19 per cent and 6.6 per cent respectively, while Education and Employment increased 1.7 per cent and 0.1 per cent respectively. Direct air capacity is expected to increase 29.8 per cent and 15.1 per cent in 2012-13 and 2013-14 respectively–much higher than its 10 year long-run average of 4 per cent. In the medium to longer term, air capacity is expected to increase at an average annual rate of 7.0 per cent–higher than the long-run average. In the first six months of 2012-13, average length of stay increased 1.6 per cent to 18.8 nights per trip, while the total nights in hotels, motels, guesthouses and serviced apartments decreased 1.0 per cent to 0.75 million compared with the same period in 2011-12. Visitor arrivals from Singapore are now forecast to rise 12.5 per cent and 4.8 per cent to 359,700 in 2012-13 and 376,900 in 2013-14 respectively. This revision represents a difference of 67,300 more visitors in aggregate. In the longer term to 2021-22, average annual growth of 3.7 per cent to 458,000 is expected. Visitor nights are now forecast to rise 17.4 per cent and 4.9 per cent to 7.4 million nights in 2012-13 and 7.8 million nights in 2013-14 respectively, and to 9.3 million nights in 2021-22. Visitor expenditure is forecast to rise 1.3 per cent in 2012-13 to $1.2 billion. In the longer term to 2021-22, average annual growth of 2.1 per cent is forecast to $1.5 billion representing a downward revision of $156 million. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) increased 1.7 per cent to $613 million compared with the same period in the previous financial year, while leisure expenditure increased by 8.6 per cent to $270 million in the same period. 49 Table 21 International visitor arrivals: Singapore Business VFRa Otherd Total 42 34 32 37 41 52 59 61 58 60 68 71 76 81 85 89 93 97 101 105 109 113 33 32 32 32 35 34 35 35 40 44 47 47 55 58 60 61 63 64 65 66 67 69 188 155 139 138 149 125 126 125 133 136 144 144 174 183 188 191 194 196 198 201 203 205 22 31 27 28 28 33 34 36 37 36 42 40 39 40 42 44 46 48 50 51 53 55 293 296 262 253 267 252 263 267 278 290 315 320 360 377 390 402 411 421 430 439 449 458 11.5 3.8 2.0 -4.0 2.0 6.3 2.6 3.2 5.5 5.8 6.2 3.9 1.9 7.6 4.7 Holiday '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Total change Average nights Share of Total nights in Nights in nights HMGSA b HMGSA TITEc Total TITE per visitor million per cent million $ million $ 18.7 16.4 18.0 18.2 16.7 19.3 20.1 20.0 19.7 21.1 19.5 19.8 20.7 20.7 20.6 20.5 20.5 20.4 20.4 20.3 20.3 20.2 5.5 4.9 4.7 4.6 4.5 4.9 5.3 5.3 5.5 6.1 6.1 6.3 7.4 7.8 8.0 8.2 8.4 8.6 8.8 8.9 9.1 9.3 20.4 24.3 22.9 22.8 27.5 26.1 25.9 22.3 22.9 19.9 22.4 22.4 20.6 22.3 21.7 22.4 22.6 22.8 23.0 23.2 23.4 23.5 1.1 1.2 1.1 1.1 1.2 1.3 1.4 1.2 1.3 1.2 1.4 1.4 1.5 1.7 1.7 1.8 1.9 2.0 2.0 2.1 2.1 2.2 1 243 1 285 1 195 912 912 910 991 1 165 1 107 1 109 1 231 1 218 1 234 1 228 1 287 1 336 1 366 1 392 1 417 1 444 1 469 1 494 4 238 4 343 4 567 3 611 3 410 3 613 3 763 4 369 3 978 3 824 3 902 3 812 3 431 3 257 3 297 3 327 3 322 3 308 3 296 3 285 3 274 3 262 -2.3 4.1 1.8 1.3 3.0 -5.0 -2.8 3.9 -0.3 3.7 -2.9 0.7 4.2 0.3 2.7 5.2 0.6 5.8 0.2 6.0 2.3 -2.7 1.2 3.6 2.2 -0.2 1.9 0.8 2.8 1.8 -0.4 4.1 -0.7 2.6 0.8 1.9 2.7 -0.8 1.9 -0.5 -1.3 3.8 3.6 3.1 3.7 0.2 3.9 0.5 4.4 2.1 -1.5 per cent n.a. 0.8 -11.5 -3.5 5.9 -5.8 4.6 1.2 4.5 4.1 8.8 1.3 12.5 4.8 3.6 2.9 2.4 2.3 2.2 2.2 2.1 2.1 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 200 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 50 2015-16 2018-19 2021-22 800 250 1000 300 1200 Expenditure ($m) Arrivals (000s) 350 400 1400 450 500 1600 Singapore - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 South Korea Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 5.2 2.2 955 719 48.2 5.1 2.5 929 778 48.3 2.3 4.6 1099 920 48.4 0.3 2.8 1277 1001 48.6 6.3 2.9 1157 1062 48.7 3.6 4.0 1108 1143 48.8 2.0 2.2 1127 1167 48.9 3.0 2.5 1062 1094 49.0 3.7 2.8 1040 1032 49.1 4.0 2.9 1026 1018 49.1 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 3.0 per cent and 3.7 per cent in 2013 and 2014–respectively, broadly consistent with the 10-year long-run average of 3.6 per cent. In the medium to longer term, the South Korean economy is expected to increase at an average annual rate of 3.6 per cent, the same as the long-run average. In 2012, visitor arrivals decreased 0.6 per cent to 196,700 compared with 2011. Visitor nights decreased 8.7 per cent to 12.7 million in the same period. Over the first eight months in 2012-13, arrivals have decreased 4.1 per cent–9.0 percentage points lower than growth for total inbound arrivals. The South Korean Won is expected to appreciate against the Australian dollar, making Australia a more attractive destination for visitors from South Korea. In the first eight months of 2012-13, VFR increased 1.3 per cent, while Education, Employment, Holiday and Business decreased 14.9 per cent, 6.1 per cent, 4.4 per cent and 0.2 per cent respectively. Market outlook In the first six months of 2012-13, average length of stay decreased 7.7 per cent to 59 nights per trip while total nights in hotels, motels, guesthouses and serviced apartments decreased 8.8 per cent to 0.36 million compared with the same period in 2011-12. Direct air capacity is expected to decrease 4 per cent in 2012-13 before a likely pick-up to 2.9 per cent in 2013-14–higher than its 10-year long-run average of 2.6 per cent. In the medium to longer term, air capacity is expected to increase at an average annual rate of 2.3 per cent–lower than the long-run average. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) decreased 13.0 per cent to $555 million in July to December 2012 compared with the same period in the previous financial year, while leisure expenditure decreased by 15.6 per cent to $298 million in the same period. Visitor arrivals from South Korea are now forecast to decrease 4.9 per cent in 2012-13 before picking up to 2.2 per cent in 2013-14 to 189,500 in 2012-13 and 193,600 in 2013-14 respectively. This revision represents a difference of 15,200 fewer visitors in aggregate. In the longer term to 2021-22, average annual growth of 2.4 per cent to 253,400 is expected. Visitor nights are now forecast to decrease 9.6 per cent to 12.1 million nights in 2012-13 and increase 1.1 per cent to 12.2 million in 2013-14, and to 18.8 million nights in 2021-22. Visitor expenditure is forecast to decrease 5.6 per cent in 2012-13 to $1.2 billion. In the longer term to 2021-22, average annual growth of 2.0 per cent is forecast to $1.6 billion, representing a downward revision of $102 million. 51 Table 22 International visitor arrivals: South Korea Business VFRa Holiday Otherd Total Total change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Average nights 23 17 19 21 24 23 24 27 24 25 26 26 26 27 28 29 30 30 31 32 33 34 97 103 121 140 158 163 181 148 113 115 127 121 114 116 121 126 130 135 139 143 148 152 24 26 28 32 33 41 47 43 41 40 35 35 32 32 34 35 37 39 40 42 44 46 165 181 196 216 237 243 271 236 193 196 205 199 189 194 201 209 216 224 231 238 246 253 n.a. 10.0 8.1 10.2 10.0 2.4 11.5 -12.7 -18.2 1.5 4.4 -2.6 -4.9 2.2 4.0 3.8 3.6 3.3 3.3 3.2 3.2 3.1 nights HMGSA b TITEc TITE HMGSA Total per visitor million per cent million $ million $ 38.3 33.6 28.8 29.0 30.3 42.1 46.9 48.9 71.6 74.6 65.6 67.0 63.7 63.0 64.7 66.0 67.3 68.7 70.1 71.5 72.9 74.3 6.3 6.1 5.6 6.3 7.2 10.2 12.7 11.5 13.8 14.6 13.4 13.3 12.1 12.2 13.0 13.8 14.6 15.4 16.2 17.0 17.9 18.8 7.4 9.8 11.2 12.4 11.3 11.6 9.6 9.4 5.4 4.9 5.0 5.5 5.8 6.3 7.1 6.5 6.1 5.7 5.3 4.9 4.6 4.3 0.5 0.6 0.6 0.8 0.8 1.2 1.2 1.1 0.7 0.7 0.7 0.7 0.7 0.8 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 1 031 1 000 1 047 1 050 1 181 1 410 1 693 1 478 1 419 1 271 1 296 1 316 1 242 1 268 1 319 1 361 1 402 1 439 1 479 1 519 1 558 1 598 6 265 5 525 5 348 4 866 4 979 5 805 6 254 6 257 7 347 6 484 6 332 6 606 6 556 6 547 6 551 6 515 6 479 6 437 6 405 6 373 6 338 6 304 2.5 per cent 16 14 12 14 14 15 17 17 13 14 15 16 16 16 17 17 18 18 19 19 20 20 Share of nights in Nights in Total 3.8 7.4 11.9 13.1 8.4 6.9 15.9 -0.4 15.3 11.1 -1.3 1.5 -7.8 -5.9 -5.9 7.4 1.0 -10.7 -9.8 -4.9 1.1 2.4 2.5 1.6 1.1 1.7 0.1 1.8 2.2 4.0 1.3 -0.4 2.6 2.6 3.2 4.2 3.2 2.0 5.3 -6.9 -2.0 2.6 -0.5 1.2 4.4 1.6 3.2 1.0 7.1 8.2 -5.7 2.0 2.8 1.8 2.5 2.5 2.4 2.6 2.4 1.0 3.5 -2.4 1.0 2.0 -0.5 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 100 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 52 2015-16 2018-19 2021-22 500 150 1000 Arrivals (000s) 200 Expenditure ($m) 1500 250 300 2000 South Korea - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Thailand Table 23 International visitor arrivals: Thailand Business VFRa Otherd Total 9 9 11 11 13 14 14 16 13 15 16 15 16 17 17 18 19 19 20 20 21 21 11 10 10 11 12 12 13 14 14 16 15 16 18 19 19 20 21 22 22 23 24 25 40 35 31 35 31 29 28 31 26 29 32 27 28 29 31 32 34 35 36 38 39 41 14 13 16 16 17 18 19 19 20 19 19 17 17 19 20 21 22 22 23 24 25 25 78 80 76 79 79 75 77 84 77 83 88 81 85 89 93 97 100 104 107 111 114 118 9.3 5.7 1.5 4.7 -4.5 7.3 -0.4 -2.3 3.9 5.1 4.3 2.6 3.5 5.3 3.2 Holiday '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Total change Average nights Share of Total nights in Nights in nights HMGSA b HMGSA TITEc Total TITE per visitor million per cent million $ million $ 39.0 30.2 34.2 31.9 36.3 39.6 41.6 38.5 49.6 46.6 50.6 51.8 50.2 47.9 46.9 46.8 47.0 47.2 47.5 47.8 48.0 48.3 3.0 2.4 2.6 2.5 2.9 3.0 3.2 3.2 3.8 3.9 4.4 4.2 4.3 4.2 4.4 4.5 4.7 4.9 5.1 5.3 5.5 5.7 6.5 11.6 8.8 14.2 13.4 9.4 11.6 11.6 7.4 6.8 9.8 6.4 7.4 7.6 8.3 8.3 8.3 8.3 8.2 8.2 8.2 8.2 0.2 0.3 0.2 0.4 0.4 0.3 0.4 0.4 0.3 0.3 0.4 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 388 432 433 437 426 381 374 426 491 448 515 405 434 462 493 509 526 543 559 575 591 608 4 987 5 400 5 732 5 544 5 376 5 088 4 855 5 055 6 343 5 385 5 882 4 992 5 108 5 206 5 287 5 254 5 242 5 231 5 214 5 197 5 184 5 169 -0.7 6.6 5.8 0.0 5.8 -2.8 -2.1 1.0 4.5 5.5 -11.2 -6.3 1.6 0.6 5.1 4.4 -1.9 2.4 5.2 7.7 5.4 1.0 3.8 3.4 3.2 0.6 3.8 -0.3 3.5 2.9 -0.3 5.2 -2.5 2.4 0.1 5.5 5.7 -5.8 -0.4 -0.6 -0.8 4.3 4.0 4.2 3.8 -0.7 3.1 2.4 5.6 4.2 0.3 per cent n.a. 2.7 -5.6 4.4 0.7 -5.7 3.0 9.3 -8.1 7.5 5.4 -7.5 4.9 4.4 5.0 4.0 3.6 3.3 3.3 3.2 3.2 3.1 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 700 60 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 53 2015-16 2018-19 2021-22 300 70 400 80 500 Expenditure ($m) Arrivals (000s) 90 100 600 110 120 Thailand - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Rest of Asia Table 24 International visitor arrivals: Rest of Asia Business VFRa Holiday Otherd Total '000 Total change Average nights per cent 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 19 15 14 16 18 20 24 26 25 27 28 28 27 28 29 31 32 34 35 37 38 40 30 24 23 30 33 36 43 49 53 57 56 59 66 70 73 76 79 82 85 88 91 94 108 83 66 92 97 99 91 85 96 93 86 96 105 111 117 124 130 135 141 147 153 159 34 25 23 27 27 32 38 43 52 55 59 63 66 69 72 75 78 81 84 87 90 93 206 174 149 180 185 190 200 207 230 237 235 251 269 283 297 311 324 337 350 363 377 391 9.3 2.8 3.1 4.3 12.4 6.7 6.1 3.5 2.0 0.9 6.2 4.2 8.7 10.9 4.2 3.7 2001/02-2011/12 2011/12-2021/22 6.0 3.7 9.5 4.8 1.5 5.2 9.8 3.9 n.a. -15.6 -14.6 20.9 2.9 2.9 5.4 3.3 10.8 3.4 -1.0 6.9 7.2 5.1 5.0 4.6 4.3 3.9 3.9 3.8 3.8 3.7 Share of Total nights in Nights in nights HMGSA b HMGSA million per cent million TITEc Total $ million TITE per visitor $ 27.5 27.6 28.7 25.0 28.9 35.5 38.0 46.9 53.4 56.3 59.7 69.9 65.5 64.9 63.9 65.7 66.6 67.5 68.5 69.6 70.7 71.8 5.7 4.8 4.3 4.5 5.3 6.8 7.6 9.7 12.3 13.4 14.0 17.6 17.6 18.4 19.0 20.4 21.6 22.7 24.0 25.3 26.7 28.1 13.6 13.3 14.2 14.3 12.4 12.1 10.3 7.0 7.2 6.0 5.4 5.3 5.5 5.5 5.2 5.2 5.2 5.1 5.1 5.0 5.0 4.9 0.8 0.6 0.6 0.6 0.7 0.8 0.8 0.7 0.9 0.8 0.8 0.9 1.0 1.0 1.0 1.1 1.1 1.2 1.2 1.3 1.3 1.4 983 892 817 860 772 839 878 1 049 1 304 1 324 1 315 1 420 1 472 1 551 1 586 1 739 1 821 1 903 1 988 2 077 2 169 2 265 4 766 5 129 5 497 4 787 4 175 4 413 4 378 5 065 5 682 5 577 5 596 5 655 5 468 5 482 5 339 5 596 5 619 5 648 5 680 5 715 5 750 5 791 2.9 4.6 5.2 3.8 6.6 13.0 -1.0 1.5 9.7 18.2 4.2 5.4 -4.9 -12.6 -0.5 -0.9 4.4 3.3 3.7 4.5 -0.3 10.1 5.1 4.5 -3.1 5.3 -0.1 0.6 3.7 4.5 9.8 0.3 13.9 4.8 -8.8 -0.7 3.8 4.1 4.8 4.8 1.0 0.2 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 150 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 54 2015-16 2018-19 2021-22 500 200 1000 1500 Expenditure ($m) Arrivals (000s) 250 300 2000 350 400 2500 Rest of Asia - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Europe France Table 25 International visitor arrivals: France Business VFRa 10 8 6 8 9 9 10 11 10 10 10 10 10 11 11 12 12 13 13 13 14 14 10 9 9 8 11 11 11 13 13 15 15 16 17 18 19 19 20 21 21 22 23 23 Total million per cent million $ million $ 24 22 20 23 29 37 39 43 50 56 54 54 54 55 58 61 63 65 68 70 72 75 8 8 7 14 7 8 9 11 15 15 14 15 16 17 18 19 19 20 21 22 23 24 54 52 46 57 59 66 70 78 89 97 94 96 99 102 107 112 116 120 124 129 133 138 n.a. -4.1 -10.9 23.8 3.0 11.2 6.5 11.6 14.6 9.0 -3.1 1.2 3.1 3.6 4.9 4.3 3.9 3.6 3.5 3.5 3.4 3.4 26.3 37.0 35.8 44.3 31.9 35.8 53.3 46.7 52.0 54.3 54.6 60.6 59.8 58.9 58.2 57.5 57.0 56.5 56.0 55.5 55.0 54.5 1.4 1.9 1.7 2.5 1.9 2.3 3.7 3.6 4.7 5.3 5.2 5.8 5.9 6.0 6.2 6.4 6.6 6.8 7.0 7.2 7.3 7.5 25.8 14.7 17.1 13.4 13.4 18.8 13.1 13.3 11.3 8.6 7.6 8.0 7.1 7.7 8.2 7.9 7.9 7.8 7.8 7.7 7.7 7.7 0.4 0.3 0.3 0.3 0.3 0.4 0.5 0.5 0.5 0.5 0.4 0.5 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 304 333 322 362 317 366 499 537 654 622 565 563 594 678 732 775 806 838 871 904 938 972 5 613 6 404 6 957 6 311 5 366 5 581 7 141 6 887 7 315 6 377 5 982 5 892 6 024 6 640 6 837 6 946 6 950 6 972 6 994 7 018 7 040 7 060 ('000) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Share of Total nights in Nights in nights HMGSA b HMGSA Otherd Holiday Total change Average nights per cent TITEc Total TITE per visitor 4.1 3.8 12.6 3.8 6.1 - 7.6 14.1 -2.4 11.4 8.4 2.2 -0.9 8.0 6.5 9.2 6.5 - 2.6 9.3 -9.3 -0.9 2.4 -3.8 4.5 4.2 3.3 5.8 3.9 - -1.2 2.7 -0.4 2.2 7.4 3.4 3.5 3.3 3.5 3.9 3.5 - -0.9 2.6 -0.5 2.0 3.8 0.3 1.6 5.9 9.5 6.5 6.3 - 5.1 11.7 -5.9 5.1 5.4 -0.8 4.0 3.7 3.4 4.8 3.7 - -1.1 2.6 -0.5 2.1 5.6 1.8 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 200 50 400 Arrivals (000s) 600 Expenditure ($m) 100 800 150 1000 France - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 0 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 55 2015-16 2018-19 2021-22 Ireland Table 26 International visitor arrivals: Ireland Business VFRa Holiday Otherd Total Average nights 50 51 47 54 57 60 63 69 67 59 53 62 62 64 67 69 71 73 75 77 79 81 per cent n.a. 1.7 -6.6 15.1 4.0 5.3 6.3 9.4 -2.9 -12.4 -10.3 17.7 0.0 3.6 3.9 3.3 3.0 2.6 2.6 2.5 2.4 2.4 69.1 68.6 54.0 52.6 61.1 61.2 59.1 54.9 60.5 68.9 70.6 81.9 81.9 80.0 78.7 76.6 74.9 73.2 71.6 70.0 68.5 67.0 3.4 3.5 2.5 2.9 3.5 3.6 3.7 3.8 4.1 4.1 3.7 5.1 5.1 5.2 5.3 5.3 5.3 5.4 5.4 5.4 5.4 5.4 ('000) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 28 28 27 32 34 37 38 42 37 31 25 26 23 24 25 26 27 28 29 30 31 32 5 5 4 6 5 6 7 8 11 9 11 16 17 18 18 19 19 20 20 21 21 22 Share of Total nights in Nights in nights HMGSA b HMGSA million per cent million Total change 2 2 2 2 2 2 2 2 3 2 2 3 3 3 3 3 3 3 3 3 3 3 12 12 11 12 14 14 16 17 16 17 14 17 19 20 20 21 21 21 21 22 22 22 8.5 6.2 6.2 9.6 4.6 - -2.9 1.3 1.7 -7.4 17.0 -0.4 - 6.8 3.2 4.1 1.2 3.8 2.8 - 2.1 1.5 3.4 2.4 2.5 - 4.8 3.9 -0.8 13.2 2.1 2.6 2.8 2.3 3.1 2.6 TITE c Total $ million TITE per visitor $ 5.7 5.6 8.2 7.4 6.1 12.7 13.9 10.7 8.0 8.7 12.9 7.5 5.7 6.7 7.5 8.9 8.9 8.9 8.9 8.9 8.9 8.9 0.2 0.2 0.2 0.2 0.2 0.5 0.5 0.4 0.3 0.4 0.5 0.4 0.3 0.3 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 537 433 414 512 571 677 660 669 780 608 529 671 663 687 725 741 757 771 785 799 812 825 10 8 8 9 10 11 10 9 11 10 10 10 10 10 10 10 10 10 10 10 10 10 1.5 19.9 21.8 8.8 6.4 -11.7 -6.0 0.3 0.7 -1.8 0.9 3.5 4.5 2.4 -0.3 -2.2 0.2 0.0 0.2 1.7 -0.7 - 1.8 3.9 2.9 7.0 4.5 2.3 - -2.0 0.6 1.7 2.3 2.1 -0.5 4.0 Numbers shaded are f orecasts a Visiting f riends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other ref ers to education and employment visitors w ho stay in Australia f or one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates f or international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates f or those not reporting a purpose of visit to Australia 40 2000-01 2003-04 2006-07 2009-10 2012-13 56 2015-16 2018-19 2021-22 300 400 50 500 Arrivals (000s) 60 70 600 700 Expenditure ($m) 80 800 90 900 Ireland - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Arrivals Expenditure 809 566 763 431 096 379 432 665 600 327 017 800 663 655 824 713 631 551 473 396 319 243 Germany Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 3.9 1.6 0.80 0.60 82.4 3.4 2.3 0.73 0.59 82.4 0.8 2.6 0.68 0.58 82.3 -5.1 0.3 0.72 0.57 82.3 3.6 1.1 0.75 0.69 82.3 3.1 2.3 0.72 0.74 82.2 0.7 2.0 0.78 0.81 82.1 0.7 1.8 0.76 0.78 82.1 1.7 2.0 0.78 0.77 82.0 1.9 2.2 0.77 0.76 81.9 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 0.7 per cent and 1.7 per cent in 2013 and 2014 respectively–lower than the 10-year long-run average of 1.2 per cent. In the medium to longer term, the German economy is expected to increase at an average annual rate of 1.4 per cent–higher than the long-run average. In 2012, visitor arrivals increased 0.7 per cent to 154,900 compared with 2011. Visitor nights increased 2.3 per cent to 7.7 million in the same period. Over the first eight months in 2012-13, arrivals have increased 3.3 per cent–1.6 percentage points lower than growth for total inbound arrivals. The Euro is expected to appreciate against the Australian dollar making Australia a more attractive destination for visitors from Germany. In the first eight months of 2012/13, Education, Holiday and Visiting Friends and Relatives increased 8.4 per cent, 4.4 per cent and 1.8 per cent respectively, while Employment and Business decreased 10.2 per cent and 7.5 per cent respectively. Market outlook Visitor arrivals from Germany are now forecast to rise 2.7 per cent and 1.7 per cent to 155,800 in 2012-13 and 158,500 in 2013-14 respectively. This revision represents a difference of 6,800 more visitors in aggregate. In the longer term to 2021-22, average annual growth of 2.9 per cent to 201,900 is expected. Visitor nights are now forecast to rise 4.0 per cent and 1.5 per cent to 7.5 million nights in 2012-13 and 7.7 million nights in 2013-14 respectively, and to 9.0 million nights in 2021-22. Visitor expenditure is forecast to rise 2.0 per cent in 2012-13 to $920 million. In the longer term to 2021-22, average annual growth of 3.3 per cent is forecast to $1.2 billion, representing an, upward revision of $129 million. In the first six months of 2012-13, average length of stay increased 7.3 per cent to 52 nights per trip, while total nights in hotels, motels, guesthouses and serviced apartments decreased 25 per cent to 427,000 compared with the same period in 2011-12. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) decreased 6.0 per cent to $477 million compared with the same period in the previous financial year, while leisure expenditure decreased by 7.8 per cent to $348 million in the same period. 57 Table 27 International visitor arrivals: Germany Business VFRa Holiday Otherd Total Total change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Average nights Total Share of nights in Nights in nights HMGSA b HMGSA TITEc TITE Total per visitor million per cent million $ million $ 31.1 40.3 34.9 46.2 39.7 44.7 46.4 45.9 47.1 45.6 43.2 47.8 48.4 48.3 48.3 48.1 47.4 46.8 46.1 45.5 44.9 44.3 4.6 5.5 4.7 6.5 5.7 6.7 6.9 7.1 7.5 7.4 6.9 7.3 7.5 7.7 7.9 8.2 8.3 8.4 8.6 8.7 8.8 9.0 31.1 26.1 23.6 13.0 17.8 17.7 17.0 14.6 13.8 13.9 12.8 13.3 10.3 9.6 9.9 9.8 9.9 9.9 10.0 10.0 10.0 10.1 1.4 1.4 1.1 0.8 1.0 1.2 1.2 1.0 1.0 1.0 0.9 1.0 0.8 0.7 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 1 159 1 214 1 094 1 152 1 057 1 039 1 094 1 170 1 204 1 080 920 901 920 990 1 026 1 072 1 100 1 129 1 156 1 185 1 213 1 242 7 854 8 879 8 160 8 169 7 424 6 909 7 362 7 540 7 590 6 627 5 773 5 943 5 903 6 249 6 247 6 316 6 287 6 262 6 231 6 204 6 177 6 153 1.7 2.9 4.6 -8.2 -4.0 -2.1 -3.7 0.4 0.6 1.0 -4.8 -3.9 -3.8 -4.2 4.7 2.9 -0.2 2.7 -5.8 -3.2 4.1 1.1 2.6 4.4 2.9 -1.3 1.5 0.4 1.9 2.5 -0.4 3.8 0.6 5.2 1.0 1.7 2.8 -6.5 -3.9 -2.9 -3.9 3.0 2.8 4.5 2.9 -0.7 2.1 -2.7 -0.7 3.3 0.3 15 11 11 13 14 17 17 18 16 16 17 17 16 17 17 18 18 19 19 20 20 20 21 16 16 18 20 20 20 21 21 23 23 24 24 25 26 26 27 28 29 30 31 32 8.1 0.7 per cent 97 86 87 86 90 99 95 98 99 103 99 91 95 96 99 103 106 108 111 114 117 120 9 11 10 15 12 15 16 18 20 20 18 18 18 19 20 21 22 23 24 25 26 27 148 137 134 141 142 150 149 155 159 163 159 152 156 158 164 170 175 180 186 191 196 202 4.1 2.0 8.9 3.4 -0.8 1.7 0.9 2.8 2.9 2.5 3.2 4.3 1.7 n.a. -7.3 -2.0 5.2 1.0 5.6 -1.1 4.4 2.3 2.7 -2.3 -4.8 2.7 1.7 3.6 3.3 3.2 3.0 2.9 2.9 2.8 2.8 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 600 140 800 160 Arrivals (000s) 180 1000 1200 Expenditure ($m) 200 1400 Germany - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 58 2015-16 2018-19 2021-22 United Kingdom Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2.6 2.3 0.54 0.41 60.7 3.6 2.3 0.50 0.42 60.9 -1.0 3.6 0.54 0.46 61.0 -4.0 2.2 0.64 0.50 61.2 1.8 3.3 0.65 0.59 61.4 0.9 4.5 0.62 0.64 61.5 0.0 2.8 0.63 0.65 61.7 0.9 2.8 0.63 0.65 61.9 1.6 2.5 0.64 0.63 62.1 2.2 2.5 0.63 0.62 62.3 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 0.9 per cent and 1.6 per cent in 2013 and 2014 respectively–broadly consistent with the 10-year long-run average of 1.3 per cent. In the medium to longer term, the British economy is expected to increase at an average annual rate of 1.9 per cent–higher than the long-run average. In 2012, visitor arrivals decreased 2.4 per cent to 593,700 compared with 2011. Visitor nights increased 6.9 per cent to 24 million in the same period. Over the first eight months in 2012-13, arrivals have decreased 1.9 per cent. This is 6.8 percentage points lower than growth for total inbound arrivals. The British Pound is expected to appreciate against the Australian dollar, making Australia a more attractive destination for visitors from the United Kingdom. In the first eight months of 2012-13, VFR increased 1.8 per cent, while Education, Holiday, Employment and Business decreased 8.1 per cent, 6.4 per cent, 2 per cent and 1.6 per cent respectively. Market outlook In the first six months of 2012-13, average length of stay increased 19.7 per cent to 43 nights per trip, while total nights in hotels, motels, guesthouses and serviced apartments increased 21.6 per cent to 1.5 million compared with the same period in 2011-12. Direct air capacity is expected to decrease 30 per cent and 5.5 per cent in 2012-13 and 2013-14 respectively against its 10-year long-run average growth rate of 0.6 per cent. In the medium to longer term, air capacity is expected to increase at an average annual rate of 0.1 per cent, slightly higher than the long-run average. For the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) increased 5.2 per cent to $1.6 billion compared with the same period in the previous financial year, while leisure expenditure increased by 5.4 per cent to $1.2 billion in the same period. Visitor arrivals from the United Kingdom are now forecast to decrease 2.0 per cent to 585,300 in 2012-13 and increase 1.3 per cent to 592,700 in 2013-14. This revision represents a difference of 9,900 fewer visitors in aggregate. In the longer term to 2021-22, average annual growth of 1.7 per cent to 705,700 is expected. Visitor nights are now forecast to rise 4.4 per cent to 23 million nights in 2012-13 and decrease 4.8 per cent to 22 million nights in 2013-14 respectively, and to 24 million nights in 2021-22. Visitor expenditure is forecast to rise 3.8 per cent in 2012-13 to $3 billion. In the longer term to 2021-22, average annual growth of 1.8 per cent is forecast to $3.4 billion, representing an upward revision of $94 million. 59 Table 28 International visitor arrivals: United Kingdom Business VFRa Holiday Otherd Total Total change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 46 41 44 46 45 52 54 53 47 49 54 59 60 62 64 66 67 69 71 73 75 77 220 200 208 229 244 251 252 255 253 263 253 252 256 259 265 272 279 285 291 297 304 310 5.6 1.9 Average nights per cent 605 627 644 686 699 709 733 686 659 653 632 597 585 593 605 620 635 649 663 677 691 706 n.a. 3.6 2.7 6.5 1.9 1.4 3.4 -6.4 -4.0 -0.9 -3.1 -5.6 -2.0 1.3 2.0 2.5 2.4 2.2 2.2 2.1 2.1 2.1 Total Share of nights in Nights in TITEc HMGSA million per cent million $ million $ 24.7 24.3 23.7 28.1 23.2 23.7 24.4 22.2 23.4 23.8 22.6 21.7 22.7 21.6 21.2 21.5 22.1 22.5 22.9 23.4 23.8 24.4 12.0 15.4 15.8 14.5 17.9 19.7 19.5 17.9 15.8 12.5 14.3 11.9 12.5 13.9 15.2 14.8 14.6 14.6 14.6 14.4 14.4 14.3 3.0 3.8 3.7 4.1 4.2 4.7 4.8 4.0 3.7 3.0 3.2 2.6 2.8 3.0 3.2 3.2 3.2 3.3 3.3 3.4 3.4 3.5 4 416 4 688 4 743 4 753 4 343 4 295 4 744 4 287 4 067 3 432 3 141 2 867 2 975 3 205 3 233 3 245 3 284 3 314 3 346 3 373 3 403 3 430 7 294 7 475 7 362 6 925 6 209 6 055 6 469 6 246 6 175 5 257 4 967 4 802 5 083 5 408 5 346 5 234 5 171 5 106 5 046 4 980 4 922 4 860 nights HMGSA 40.8 38.8 36.8 40.9 33.2 33.4 33.2 32.4 35.5 36.5 35.8 36.4 38.8 36.4 35.1 34.7 34.8 34.7 34.6 34.6 34.5 34.5 Total per visitor 293 296 314 337 359 370 390 340 317 299 280 239 222 224 228 232 239 244 249 255 260 265 31 36 34 42 26 33 33 34 36 34 38 40 39 40 41 42 43 44 44 45 45 46 4.7 5.7 -1.8 3.2 -3.0 0.0 4.8 4.8 0.2 -2.8 0.0 -9.4 4.2 -4.0 1.8 -2.3 -9.4 -11.5 -9.6 -5.8 2.5 2.1 0.0 1.2 1.2 -0.9 0.3 4.3 4.6 2.8 1.5 2.6 2.1 2.2 1.5 2.1 -0.2 2.0 -0.5 1.5 0.9 -1.2 3.8 2.3 -2.1 1.1 -0.5 -0.6 -1.1 -2.6 -3.7 -4.8 -4.3 2.6 2.1 1.1 1.3 1.7 -0.5 1.2 1.9 3.0 1.8 0.1 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 500 Arrivals Expenditure 2003-04 2006-07 2009-10 2012-13 60 2015-16 2018-19 2021-22 2000 550 2500 600 3000 Arrivals (000s) 650 700 3500 4000 Expenditure ($m) 750 4500 800 5000 United Kingdom - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 2000-01 TITE b Rest of Europe Table 29 International visitor arrivals: Rest of Europe Business VFRa Holiday Otherd Total ('000) Total change Average nights per cent Share of Total nights in Nights in nights HMGSA b HMGSA million per cent million TITEc Total $ million TITE per visitor $ 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 44 34 30 36 36 44 45 48 44 41 44 47 50 51 52 53 54 55 56 57 58 59 72 58 55 61 68 67 70 71 72 81 79 82 86 88 91 94 96 99 102 104 107 110 179 150 152 150 168 183 189 193 191 197 189 180 187 191 200 208 216 224 232 240 249 257 45 34 34 38 34 37 43 44 52 45 46 48 51 54 56 58 60 63 65 67 69 71 356 303 297 306 323 333 348 358 363 370 363 362 380 390 405 419 433 447 460 474 489 503 n.a. -14.9 -1.9 3.1 5.4 3.1 4.7 2.7 1.4 1.9 -1.8 -0.4 4.8 2.8 3.8 3.5 3.3 3.1 3.1 3.0 3.0 3.0 37.1 40.4 36.8 35.3 35.6 38.0 39.2 40.2 39.3 38.9 39.9 44.1 43.6 42.3 42.4 43.2 43.4 43.6 43.8 43.9 44.1 44.4 13.2 12.2 10.9 10.8 11.5 12.6 13.6 14.4 14.3 14.4 14.5 16.0 16.5 16.5 17.2 18.1 18.8 19.5 20.1 20.8 21.6 22.3 17.7 16.3 16.7 15.6 18.8 18.0 20.2 16.7 16.1 15.5 16.6 12.4 12.5 13.8 13.6 13.3 13.3 13.2 13.1 13.0 13.0 12.9 2.3 2.0 1.8 1.7 2.2 2.3 2.8 2.4 2.3 2.2 2.4 2.0 2.1 2.3 2.3 2.4 2.5 2.6 2.6 2.7 2.8 2.9 2 826 2 536 2 523 2 325 2 245 2 209 2 351 2 569 2 636 2 352 2 200 2 058 2 177 2 376 2 462 2 577 2 640 2 702 2 767 2 831 2 898 2 963 7 934 8 368 8 489 7 588 6 955 6 640 6 751 7 180 7 262 6 359 6 052 5 685 5 735 6 086 6 078 6 147 6 095 6 050 6 012 5 967 5 931 5 891 6.0 0.9 3.0 1.7 3.8 3.3 3.3 2.6 4.8 -1.0 3.8 3.6 5.0 2.4 4.7 3.3 2.8 0.8 3.6 3.0 - -0.6 2.4 -0.3 0.4 2.2 3.2 3.3 3.5 4.5 -9.3 1.4 -0.6 6.7 -6.4 4.7 2.9 -1.5 -2.6 5.1 2.3 -4.2 -3.4 1.4 -0.7 2001/02-2011/12 2011/12-2021/22 3.4 2.3 3.5 3.0 1.9 3.7 3.7 4.0 1.8 3.3 - 0.9 0.1 2.7 3.4 -2.7 0.4 -0.1 3.8 -2.1 3.7 -3.8 0.4 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 250 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 61 2015-16 2018-19 2021-22 2000 300 2200 350 2400 2600 Expenditure ($m) Arrivals (000s) 400 450 2800 500 550 3000 Rest of Europe - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 North America Canada Table 30 International visitor arrivals: Canada Business VFRa Holiday Otherd Total Total change ('000) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Average nights Total Share of nights in Nights in nights HMGSA b TITE c TITE HMGSA Total per visitor million per cent million $ million 12 11 10 11 12 13 15 16 16 15 16 17 17 17 18 19 19 20 21 22 22 23 28 25 23 27 31 31 33 33 35 40 38 37 38 40 42 43 45 46 48 49 51 52 45 42 41 42 48 51 50 57 55 56 50 51 51 52 55 57 58 60 62 64 66 68 8 7 7 8 8 11 11 13 14 14 13 14 13 14 15 15 16 16 17 17 18 18 96 93 87 93 103 106 111 121 121 125 119 119 120 124 130 135 139 144 148 153 157 162 n.a. -3.2 -7.0 7.3 11.0 3.3 3.8 9.4 0.4 3.3 -5.3 0.5 0.6 3.1 4.8 3.8 3.4 3.2 3.1 3.1 3.1 3.0 49.4 43.0 36.2 38.2 40.2 38.3 40.9 39.3 43.5 35.0 37.6 38.3 37.1 36.9 37.2 37.1 36.9 36.8 36.7 36.5 36.4 36.2 4.7 4.0 3.1 3.5 4.1 4.1 4.5 4.8 5.3 4.4 4.5 4.6 4.5 4.6 4.8 5.0 5.1 5.3 5.4 5.6 5.7 5.9 14.4 13.9 17.5 12.9 14.1 18.6 19.1 17.5 15.5 17.5 15.5 14.3 13.9 14.4 14.6 14.4 14.4 14.5 14.6 14.6 14.7 14.7 0.7 0.6 0.5 0.5 0.6 0.8 0.9 0.8 0.8 0.8 0.7 0.7 0.6 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.9 792 737 657 593 686 726 790 865 872 724 699 657 692 763 801 819 839 859 879 899 919 939 7.7 6.1 3.5 9.9 3.5 - -1.0 2.5 6.6 9.3 1.4 -2.0 2.5 2.3 0.1 4.0 1.5 - -1.3 0.2 -5.7 -5.5 -3.6 -5.1 2.3 3.8 2.9 2.9 3.1 - -0.7 2.4 0.2 2.5 5.0 1.8 3.5 3.1 3.0 2.9 3.1 - -0.4 2.7 0.4 3.1 2.3 -0.8 5.0 4.2 1.8 6.9 2.5 - -1.1 1.4 0.3 1.7 -1.1 -3.6 2.9 3.5 3.0 2.9 3.1 - -0.6 2.5 0.3 2.8 3.6 0.5 per cent Numbers shaded are forecasts. a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 60 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 62 2015-16 2018-19 2021-22 500 80 600 100 700 800 Expenditure ($m) Arrivals (000s) 120 140 900 160 180 1000 Canada - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 $ 8 7 7 6 6 6 7 7 7 5 5 5 5 6 6 6 6 5 5 5 5 5 240 917 594 381 653 817 145 154 182 773 891 508 763 170 178 085 035 986 934 886 840 793 United States Economic assumptions GDP growth Inflation Home currency Home currency Population % % usd aud mill. 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2.7 3.2 1.00 0.75 300 1.9 2.9 1.00 0.84 303 -0.3 3.8 1.00 0.85 306 -3.1 -0.4 1.00 0.79 309 2.4 1.6 1.00 0.92 312 1.8 3.2 1.00 1.03 315 2.2 2.1 1.00 1.04 318 1.8 1.8 1.00 1.03 321 2.8 2.1 1.00 0.99 324 2.9 2.1 1.00 0.99 327 Sources: IMF IFS; Consensus Forecasts, March 2013 Currencies are year average, based on quarterly data Economic outlook Market performance Economic growth is expected to increase 1.8 per cent and 2.8 per cent in 2013 and 2014 respectively–higher than the 10 year long-run average of 1.7 per cent. In the medium to longer term, the US economy is expected to increase at an average annual rate of 2.6 per cent–higher than the long-run average. In 2012, visitor arrivals increased 5.0 per cent to 478,800 compared with 2011. Visitor nights increased 3.4 per cent to 11 million in the same period. Over the first eight months in 2012-13, arrivals have increased 6.4 per cent–1.5 percentage points higher than growth for the total inbound arrivals. The US dollar is expected to appreciate against the Australian dollar, making Australia a more attractive destination for visitors from the United States. Market outlook Direct air capacity is expected to increase 5.7 per cent and 4.0 per cent in 2012-13 and 2013-14 respectively, higher than its 10 year long-run average of 3.9 per cent. In the medium to longer term, air capacity is expected to increase at an average annual rate of 4.0 per cent, higher than the long-run average. Visitor arrivals from the United Sates are now forecast to increase 4.9 per cent to 486,900 in 2012-13 and increase 3.1 per cent to 501,900 in 2013-14. This revision represents a difference of 34,400 more visitors in aggregate. In the longer term to 2021-22, average annual growth of 3.6 per cent to 660,100 is expected. Visitor nights are now forecast to rise 1.4 per cent and to 11 million nights in 2012-13, and decrease 1.5 per cent to 10.8 million nights in 2013-14, and to 14.1 million nights in 2021-22. Visitor expenditure is forecast to rise 4.0 per cent in 2012-13 to $2.4 billion. In the longer term to 2021-22, average annual growth of 1.2 per cent is forecast to $2.6 billion,, representing a downward revision of $305 million. 63 In the first eight months of 2012-13, Holiday, VFR and Business increased 10.3 per cent, 8 per cent and 2.4 per cent respectively, while Employment and Education decreased 8.3 per cent and 6.9 per cent respectively. In the first six months of 2012-13, average length of stay decreased 2.5 per cent to 22 nights per trip, while total nights in hotels, motels, guesthouses and serviced apartments increased 5.5 per cent to 1.5 million compared with the same period in 2011-12. In the first six months of 2012-13, expenditure as defined by Total Inbound Tourism Expenditure (TITE) increased 6.6 per cent to $1.2 billion compared with the same period in the previous financial year, while leisure expenditure increased by 10.9 per cent to $640 million in the same period. Table 31 International visitor arrivals: United States Business VFRa Holiday Otherd Total Total change '000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Average nights Total Share of nights in Nights in nights HMGSA b HMGSA TITEc million per cent million $ million $ 22.1 26.5 26.8 24.0 21.5 23.0 22.4 21.4 21.3 21.9 22.4 23.3 22.5 21.5 21.2 21.3 21.3 21.4 21.4 21.4 21.4 21.4 11.1 11.3 11.3 10.3 9.6 10.4 10.2 9.7 9.6 10.7 10.4 10.8 11.0 10.8 11.0 11.5 11.9 12.4 12.8 13.2 13.7 14.1 27.6 24.2 24.5 25.7 28.7 31.4 30.1 34.2 27.8 27.3 26.3 26.1 27.4 30.2 29.8 29.3 29.1 29.0 28.9 28.7 28.6 28.5 3.1 2.7 2.8 2.7 2.7 3.3 3.1 3.3 2.7 2.9 2.7 2.8 3.0 3.3 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4.0 3 870 3 970 3 162 2 885 2 737 2 924 2 683 2 793 2 697 2 308 2 222 2 334 2 428 2 462 2 472 2 504 2 531 2 553 2 573 2 593 2 614 2 633 7 706 9 355 7 464 6 706 6 142 6 462 5 890 6 145 5 972 4 723 4 770 5 027 4 987 4 905 4 760 4 640 4 523 4 410 4 299 4 192 4 089 3 989 1.4 -3.3 -1.9 4.4 2.4 -7.5 -8.8 0.4 0.7 1.1 -2.8 -1.7 -2.7 -3.1 2.2 3.8 -1.7 2.0 2.2 4.3 1.6 -2.1 4.0 4.0 3.4 0.0 3.4 -0.4 2.9 0.8 -2.5 3.6 -0.1 -0.3 0.9 -1.3 -0.4 0.8 0.3 -5.2 -6.0 3.8 4.5 3.1 3.6 -0.8 2.7 0.9 3.6 1.2 -2.3 80 80 84 89 87 97 108 110 97 108 112 121 124 129 133 135 138 141 144 147 150 153 109 74 78 80 95 93 91 90 102 111 109 106 114 117 121 126 130 135 140 145 150 155 6.3 4.2 2.3 3.0 2.7 4.2 2.0 223 179 172 166 192 199 194 185 184 202 180 178 192 198 206 216 226 235 244 254 264 274 per cent 72 55 60 75 55 60 58 63 64 61 59 54 51 52 54 57 60 62 65 67 70 73 502 424 424 430 446 453 455 455 452 489 466 464 487 502 519 540 560 579 599 619 639 660 1.6 0.8 -1.7 -1.5 4.9 3.5 4.3 2.3 n.a. -15.5 -0.2 1.6 3.6 1.6 0.6 -0.2 -0.6 8.2 -4.7 -0.3 4.9 3.1 3.5 3.9 3.7 3.4 3.4 3.4 3.3 3.3 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 400 Arrivals Expenditure 2003-04 2006-07 2009-10 2012-13 64 2015-16 2018-19 2021-22 2000 450 2500 500 3000 Expenditure ($m) Arrivals (000s) 550 600 3500 650 700 4000 United States - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 2000-01 TITE Total per visitor Other Markets Middle East and North Africa Table 32 International visitor arrivals: Middle East and North Africa Business VFRa Holiday Otherd Total ('000) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Total Average change nights Total Share of nights in Nights in nights HMGSA b TITE c TITE HMGSA Total per visitor million per cent million $ million 26 25 21 23 31 33 34 36 38 34 37 33 30 31 33 36 40 43 47 50 55 59 7 5 5 7 8 10 13 16 20 23 23 23 21 22 25 28 31 34 38 42 46 50 57 56 50 56 68 73 83 93 105 111 114 114 114 119 127 136 145 155 165 176 188 200 n.a. -1.5 -10.1 12.6 21.0 7.6 12.6 12.0 13.8 5.7 2.4 -0.1 0.3 4.1 6.9 7.2 6.8 6.6 6.6 6.6 6.6 6.5 41.0 48.0 37.8 43.2 32.2 40.2 41.0 44.8 42.0 43.4 45.4 40.9 41.4 42.5 42.6 43.5 44.0 44.5 45.1 45.6 46.1 46.7 2.3 2.7 1.9 2.4 2.2 3.0 3.4 4.1 4.4 4.8 5.2 4.7 4.7 5.1 5.4 5.9 6.4 6.9 7.4 8.0 8.7 9.3 11.2 11.1 8.2 10.2 14.7 18.1 12.4 10.3 11.4 9.0 10.1 10.4 9.3 10.2 10.6 9.8 9.6 9.3 9.1 8.8 8.6 8.4 0.3 0.3 0.2 0.2 0.3 0.5 0.4 0.4 0.5 0.4 0.5 0.5 0.4 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.8 345 412 301 401 270 312 404 641 657 582 445 414 459 512 560 607 657 712 772 839 913 993 11.9 6.0 19.2 8.2 - -3.1 4.8 2.3 7.2 -0.4 -7.9 9.5 -0.6 12.1 6.6 - 0.0 6.6 -3.6 2.8 0.5 -5.8 7.0 5.4 3.9 6.5 5.0 - 1.5 6.5 -1.6 4.8 9.7 4.5 2.2 5.6 8.3 9.9 6.6 - 1.2 7.8 -2.7 5.0 8.6 1.9 12.7 10.7 2.6 15.6 7.4 - -1.6 5.7 -0.7 5.0 0.0 -6.9 4.6 5.5 6.1 8.2 5.8 - 1.3 7.2 -2.1 4.9 9.2 3.2 7 5 5 6 7 10 12 14 14 16 16 18 22 23 24 24 25 26 26 27 27 28 14 12 13 15 17 18 21 23 28 32 32 33 34 36 38 40 43 45 48 50 53 56 18.3 7.4 per cent Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia. 50 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 65 2015-16 2018-19 2021-22 200 400 100 Arrivals (000s) 600 Expenditure ($m) 150 800 200 1000 Middle East and North Africa - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 $ 6 7 6 7 3 4 4 6 6 5 3 3 4 4 4 4 4 4 4 4 4 4 103 394 004 111 963 249 887 924 243 228 905 630 017 308 406 460 521 589 670 762 862 967 South Africa Table 33 International visitor arrivals: South Africa Business VFRa Holiday Otherd Total ('000) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 10 10 8 9 10 11 12 13 12 10 12 12 11 11 12 12 12 13 13 13 14 14 17 17 15 17 17 19 21 23 26 27 27 26 26 27 28 30 31 33 35 36 38 40 Total Average change nights Total Share of nights in Nights in nights HMGSA b TITEc TITE HMGSA Total per visitor million per cent million $ million 20 19 15 18 15 18 20 23 21 18 17 18 16 16 17 18 19 19 20 21 21 22 5 5 4 5 4 5 6 6 6 5 5 6 5 5 5 5 6 6 6 6 6 7 56 56 48 55 50 55 60 66 64 61 62 63 57 60 63 66 69 72 75 78 81 84 n.a. -0.3 -14.6 15.9 -9.3 9.5 10.3 9.1 -2.2 -4.6 0.5 1.8 -8.5 4.0 5.5 4.9 4.3 4.1 4.0 4.0 3.9 3.8 24.4 22.4 31.4 31.2 30.8 30.4 28.9 23.2 29.0 28.8 30.9 31.6 31.9 30.0 30.9 30.7 30.8 31.0 31.1 31.2 31.4 31.5 1.4 1.2 1.5 1.7 1.5 1.7 1.7 1.5 1.9 1.8 1.9 2.0 1.8 1.8 1.9 2.0 2.1 2.2 2.3 2.4 2.5 2.6 14.7 19.0 12.8 12.3 16.6 14.2 15.6 19.4 14.4 11.5 12.2 9.5 9.9 10.9 13.0 12.3 12.2 12.0 11.8 11.6 11.4 11.2 0.2 0.2 0.2 0.2 0.3 0.2 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 289 275 317 434 387 344 374 440 481 317 348 362 343 356 378 392 402 412 422 433 443 454 per cent $ 5 4 6 7 7 6 6 6 7 5 5 5 5 5 5 5 5 5 5 5 5 5 5.0 4.7 1.7 5.2 1.6 - 5.2 6.9 -3.8 2.8 6.3 4.7 -0.8 4.3 -2.4 0.2 0.8 - 1.8 2.7 -9.5 -7.1 -0.6 -1.4 0.6 4.1 0.6 -1.5 1.9 - -0.5 1.4 5.1 6.5 2.1 0.2 2.4 5.0 3.5 3.5 4.0 - 0.4 4.4 -1.6 2.8 2.4 -1.5 2.1 4.5 -0.4 2.6 1.2 - 3.5 4.8 -6.7 -2.3 2.8 1.6 1.5 4.5 2.1 1.0 2.9 - 0.0 2.9 1.7 4.6 2.3 -0.6 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 40 Arrivals Expenditure 2003-04 2006-07 2009-10 2012-13 66 2015-16 2018-19 2021-22 250 50 300 Arrivals (000s) 60 70 350 400 Expenditure ($m) 80 450 90 500 South Africa - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22 2000-01 184 941 671 884 739 293 204 680 484 170 637 769 975 954 994 921 829 741 653 573 493 414 Rest of the World Table 34 International visitor arrivals: Rest of the World Business VFRa Holiday Otherd Total Total change ('000) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Compound annual growth rate (%) 2001/02-2006/07 2006/07-2011/12 2011/12-2016/17 2016/17-2021/22 2001/02-2011/12 2011/12-2021/22 Average nights per cent Total Share of nights in Nights in TITEc TITE HMGSA Total per visitor per cent million $ million $ 11.4 13.6 9.6 14.5 12.6 11.1 11.9 11.6 9.0 10.0 9.2 8.1 7.8 8.9 9.2 9.0 8.9 8.9 8.8 8.8 8.8 8.7 0.6 0.5 0.4 0.6 0.5 0.6 0.7 0.9 0.8 0.8 0.9 0.8 0.8 0.9 1.0 1.1 1.1 1.2 1.2 1.3 1.3 1.4 1 056 706 597 561 768 902 846 936 1 175 1 109 1 175 1 172 1 193 1 236 1 264 1 352 1 399 1 446 1 494 1 545 1 597 1 651 4 739 4 026 3 787 3 353 4 374 4 747 4 029 4 180 4 617 4 279 4 455 4 247 4 193 4 192 4 114 4 236 4 235 4 236 4 236 4 243 4 249 4 259 0.0 b million 5.5 3.9 4.1 4.0 4.1 5.2 6.0 7.4 9.0 8.5 9.3 9.8 10.4 10.5 11.0 11.8 12.4 13.0 13.7 14.3 15.1 15.8 nights HMGSA 28 21 19 21 23 31 34 34 39 35 37 40 40 41 42 43 44 45 46 47 48 49 45 33 30 32 34 35 39 41 48 54 57 62 62 63 66 69 71 74 77 80 82 85 83 67 62 66 71 78 85 92 101 107 107 107 112 116 121 125 130 134 138 142 146 150 47 36 32 35 37 43 47 52 62 57 57 60 64 68 72 75 79 82 86 89 93 97 223 175 158 167 176 190 210 224 255 259 264 276 284 295 307 319 330 341 353 364 376 388 n.a. -21.4 -10.1 6.1 5.0 8.3 10.5 6.6 13.7 1.8 1.7 4.6 3.1 3.6 4.3 3.8 3.5 3.3 3.3 3.3 3.2 3.2 24.7 22.4 26.0 23.9 23.6 27.3 28.8 33.1 35.2 32.7 35.4 35.6 36.6 35.6 35.9 36.9 37.5 38.1 38.7 39.4 40.1 40.7 10.4 3.6 5.0 5.7 3.7 - 5.1 9.0 -2.6 6.1 3.7 3.5 9.3 4.7 5.0 5.6 - 4.4 10.2 -7.4 2.1 6.7 1.1 1.8 3.0 3.8 5.7 3.7 - 1.0 4.7 1.9 6.8 3.6 -0.1 2.2 3.6 3.0 4.2 3.3 - 1.7 5.0 -0.5 4.4 3.4 0.1 6.9 6.4 4.9 5.4 4.6 - 4.8 9.6 -5.0 4.1 5.2 0.5 2.0 3.3 3.4 4.9 3.5 - 1.4 4.9 0.7 5.6 3.5 0.0 Numbers shaded are forecasts a Visiting friends and relatives b Hotels, motels, guesthouses, and serviced apartments c Total Inbound Tourism Expenditure, real, base = Quarter 4 2012 d Other refers to education and employment visitors w ho stay in Australia for one year or less. On average, these visitors spend more and stay longer than the average tourist. Historical estimates for international visitor nights have changed due to a slight change in the methodology The sum of purpose of visit categories does not add to the total as the total includes estimates for those not reporting a purpose of visit to Australia 100 Arrivals Expenditure 2000-01 2003-04 2006-07 2009-10 2012-13 67 2015-16 2018-19 2021-22 500 150 200 1000 Expenditure ($m) Arrivals (000s) 250 300 1500 350 400 2000 Rest of the World - Arrivals, 000s (LHS) and Expenditure, $m (RHS), 2001-01 to 2021-22