Tourism is stuffed. Thoughts on Rebuilding?, page-64

OriginallypostedbyOrson

I'msickoftheblamegame.Let'slookatwhathappensnext.

AndwhathappensnextispossiblyarecessioninAustralia.Sincemid-2018,ourGDPgrowthhashalvedandhouseholdincomehasstoppedgrowingandstartedcontracting.Inbrief,wewereinstrifebeforethebushfireseason.

Now,amajordriverofemploymentandgrowthhasbeendecimated.Tourismprovides1in13jobsinAustraliaandaddsover$60billiontotheeconomy.(Source:https://www.tra.gov.au)And44cineverytourismdollargoestotheregions.Tourismisbiggerthanagriculture,forestryandfishing.Thebushneedsit.

ThewholeworldhasseenthepicturesofAustraliaburningandhavedecidedtostayaway.Ourbrandasatouristdestinationis,intheshortterm,stuffed.Startingwitha10%dropinhotelsinDecember,bookingsarebeingcancelledatarateof20%to75%,dependingontheservice.

Disaster1isthebushfires.Disaster2willbethecollapseoftourismbusinessesaroundAustralia.

Afterthiscalmsdown,howdowegetpeopleouttotheregionsagain,pumpingtourismdollarsintotheregionaleconomy?

" Its an ill wind "

By and large thus far, WA is unscathed ( still vey mild over here in real terms), from the bushfires that have engulfed the easterns seaboard, those that are cancelling over east would be more than welcomed over here in WA.
plus of course we've got quokka's.



Ningaloo reef ,just as good if not better than the barrier.

The 'Big Three' at Ningaloo Reef, Western Australia

Raider