Australia and the South Pacific region is clubbed together in an entity known as Oceania. Australia, New Zealand, Fiji, Papua New Guinea, Tonga, New Caledonia, Vanuatu, Guam, Samoa, Kiribati, French Polynesia, Palau, Cook Islands, Solomon Islands, Federated States of Micronesia, Nauru, Tuvalu, Marshall Islands, American Samoa, Niue, Pitcaim Islands, Norflok Island, Wallis and Futuna and Northern Mariana Islands are the countries that comprise together the region of Oceania. Tourism plays a vital role in the economic and social development of the Oceania region. It is directly responsible for the creation of jobs and helps preserve the environment in eco fragile areas. However, due to negative effects of tourism, such ecologically fragile areas have also suffered environmental damage. Governments in the region are taking steps to mitigate this damage and preserve the pristine beauty of the Oceania region.

Australia and South Pacific Tourism Spend Analytics: Sector Growth Drivers and Restraints

A world-class tourist infrastructure, especially in Australia and New Zealand, a region known for its peace and tranquillity are the main drivers of growth of tourism in the Oceania region. A relatively peaceful political scenario coupled with economic prosperity in the world, especially in the Asia Pacific region, are also driving the tourism sector in the Oceania region. Also, being a peaceful region helps in the growth of the tourism sector. In addition, rising disposable incomes are also contributing to the tourism industry in the Oceania region. However, due to the pressure of the influx of a lot of tourists, some of the ecologically sensitive areas are facing adverse effects and environmental degradation and this may act as a restraint to the growth of tourism in the region. Governments in the region are taking a note of this and have taken steps to ensure the positive contribution of tourism in preserving the ecologically fragile areas of the Oceania region.

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Australia and South Pacific Tourism Spend Analytics: Key Statistics

As per the data provided by the World Travel and Tourism Council, the direct contribution of travel and tourism to the GDP of Oceania was US$ 48.4 Bn in the year 2015, which comprised 3.3% of the total GDP of the region. This is forecasted to rise by 3.5% per annum during the forecast period of 2016-2026 and is poised to reach a figure of US$ 71.1 Bn in the year 2026, and will comprise 3.6% of the total GDP of the region.

As far as visitor exports are concerned, the Oceania region generated US$ 38.3 Bn in the year 2015, which comprised 12.3% of the total exports of the region. This is forecasted to grow at a rate of 3.8% per annum during the forecast period of 2016-2026, and is poised to reach a figure of US$ 59.2 Bn in the year 2026, and will comprise 12.1% of the total exports of the region. Visitor exports denotes the money spent by foreign tourists in a particular country or region.

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In the Oceania region, leisure travel spending, both inbound and domestic, gave rise to 84.3% of direct travel and tourism GDP in the year 2015, as compared with 15.7% for the segment of business travel spending. Leisure travel spending is expected to grow by 3.4% per annum, to reach a figure of US$ 152.9 Bn in the year 2026. On the other hand, business travel spending is expected to grow by 3.5% per annum to reach a figure of US$ 29.1 Bn in the year 2026.  

Domestic travel spending is projected to grow by 3.2% per annum during the forecast period of 2016-2026 and reach a figure of US$ 122.8 Bn in the year 2026. 

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