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Monday, 30 March 2015

Source Market Insights; Australia Market, Trends, Share, Size Research Report

Source Market Insights; Australia Market Size and Share Published in 2015-03-26 Available for US$ 900 at The Australian outbound market has recorded impressive growth in the last few years, with the total number of outbound trips rising from 7.1 million in 2010 to 9.1 million in 2014. This increase was driven by a booming economy; however, the weaker Australian dollar is a cause for concern and as a result outbound trips will only see marginal growth until 2019. Australian consumers are some of the highest spenders in the world - spending per international trip stood at US$4,323 in 2014 - although the average length of an outbound trip is 20 nights. Outbound spending per trip and per day has been declining since 2012, primarily due to more LCCs entering the international market and decreasing household disposable income.


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