Forecast: International Tourism Consumption of Recreational, Cultural and Sporting Services in Australia

The consumption of recreational, cultural, and sporting services by international tourists in Australia has seen varied growth over the past decade. From 2013 to 2019, there was a steady year-on-year increase, showing overall positive growth, peaking in 2019. However, 2020 marked a significant decline of 42.84% due to likely global disruptions. This was followed by a substantial recovery of 63.97% in 2021, and steady increases in the subsequent years, reaching 627.0 million AUD in 2023. Looking ahead, from 2024 onwards, forecasted data suggest a moderate CAGR of 1.45%, expected to reach 682.79 million AUD by 2028.

Future trends to watch for include:

• The potential impact of global economic conditions and political stability on international tourism.
• Technological advancements in the tourism sector that could enhance tourist experiences and drive consumption.
• Environmental policies and sustainability efforts that might influence tourist activities and spending patterns.
• Changes in consumer preferences and emerging markets contributing to variations in tourism consumption.