10 Aug 2015, 06:23 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.
- ₹70,000 for Abu Dhabi-Delhi Flights? Middle East War Hit Travellers Hard
- High Price of Exodus! The Ultra-Rich Pay USD 350,000 to Leave Dubai
- Czechia Reports Double-Digit Growth from India as Tourists Look Beyond Prague
- UK Rolls Out eVisa for Indians: What You Need to Know
- Swipe Smart: How Indians Can Avoid Overpaying While Travelling Abroad
- Radisson and MBD Group Join Hands to Take Luxury Hospitality to New Heights
- New US Border Rules: Canada Advises First Nations to Carry Passport
- Hot food in plastic packets: Is it safe? Vande Bharat passenger raises concern
- Visa-Free Armenia: A New Opportunity for Indian Travellers
- Join the “Lanterns & Legends” Walk to Celebrate Chinese New Year at Bow Barracks
Amid the ongoing Middle East conflict, global flight operations continue to face disruptions, with limited services and rising airfares affecting travellers across several regions.
Air India on Tuesday announced a phased increase in fuel surcharges across its domestic and international network, citing a sharp rise in aviation fuel prices triggered by the ongoing conflict between Iran and the United States in the Middle East.
The Ministry of Civil Aviation on Monday said Indian carriers are planning to operate around 50 flights between India and the Middle East region amid ongoing tensions in the Gulf that have significantly disrupted flight movements.