06 Aug 2015, 08:17 am
Federal Assistant Minister for Infrastructure and Regional Development Jamie Briggs presented a keynote address emphasising the importance of investment to drive competitiveness across the tourism industry.
Tourism Australia Managing Director John O’Sullivan chaired a panel about travel trends and preferences for Australia’s big four inbound markets: the UK, USA, NZ and China.
Austrade Senior Investment Specialist Karen Wales hosted an investor panel who spoke about their Australian hotel investments and where they see opportunities going forward. Tourism Australia and Austrade also held a number of meetings with international investors to promote opportunities across Australia.
Australia is the eighth largest tourism market in the world and is fast becoming a major destination for business investment. Tourism is Australia’s largest services industry export and second only to iron ore as an export earner.
In response to Tourism 2020 goals to increase visitor expenditure Tourism Australia and Austrade have formed a partnership to make Australian tourism opportunities more readily available to interested investors.
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Indian airline major Air India today announced a significant enhancement to its popular Mumbai-Frankfurt route, with the deployment of its newly delivered, first line-fit (or made-for-Air India)
Saudia, the national flag carrier of Saudi Arabia, and Air India, India’s leading global airline, have signed a codeshare agreement that will take effect in February.
Air India and Saudi Arabia’s flag carrier Saudia will begin a new codeshare partnership from February, allowing both airlines to offer expanded route options and smoother connections for passengers travelling between the two countries.