4Hoteliers
SEARCH
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
Tourism marketing no gamble – $1m spend earns $16m revenue.
Monday, 11th August 2014
Source : Martin Kelly
A study released recently claims that for 'every incremental $1m spent on international tourism marketing, up to $16m in spend is generated by foreign tourists and 89 additional jobs created'.
 
Produced by Webber Quantitative Consulting for Tourism Accommodation Australia (TAA), the report investigated the impact of marketing spend on inbound tourism into Australia.
 
It estimated that a $10m increase to the inbound marketing and promotional budget would boost international visitor numbers by up to 72,500, lift tourist expenditure by between $130m to $160m, and increase the number of tourism and hospitality jobs by over 1800.
 
Between A$36m and $45m of the increase in tourism spend would go to the accommodation sector, the report said.

Full story

 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2024 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy