Tourism employment in Australia witnessed fluctuations from 2013 to 2023, with employment peaking in 2018 at 674.4k employees and hitting a low in 2020 during the pandemic at 507k employees. As of 2023, employment stands at 687.92k employees, showing a 6.33% increase from the previous year. Over the last two years, the sector showed resilience with an average annual growth rate of 7.66% (CAGR). Moving forward, forecasts suggest continuous growth with a 1.45% CAGR from 2024 to 2028, expecting a total growth of 7.46% by 2028.
Future trends to watch for include:
- Technology integration in tourism services, enhancing customer experience
- Increased investment in sustainable and eco-friendly tourism solutions
- Adaptation to changing consumer behaviors post-pandemic
- Strategies to deal with potential economic uncertainties
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