19 July 2018
Spending by international visitors on the Gold Coast has boomed to a record $1.3 billion as the city welcomes record numbers of international tourists.
The International Visitor Survey (IVS), released today, revealed international tourist spend on the Gold Coast increased by 11 per cent and had 1.1 million visitors, up 4 per cent, in the year ending March 2018.
Gold Coast MP and Minister for Trade, Tourism and Investment Steven Ciobo said the new data revealed Chinese tourists continue to be the Gold Coast’s most lucrative market.
“More than 301,000 Chinese visitors injected a record $359 million into our local economy, up 16 per cent, establishing it as a rock solid market for our tourism industry,” Mr Ciobo said.
“As Minister for Trade, Tourism and Investment, I’ve worked hard to secure Australia’s landmark ‘open capacity’ aviation arrangement with China and the recent China- Australia Year of Tourism which are driving growth from this key market.”
Mr Ciobo said the overall international figures were very strong, proving the Gold Coast to be a destination of choice for international tourists.
“International visitor numbers are up, they are staying longer and spending more and this is great news for the Gold Coast’s tourism industry which is the backbone of our economy,” he said.
“The Turnbull Coalition Government understands it’s essential for the Gold Coast tourism industry to thrive because it is vital for the local economy and jobs.
“It’s why we have delivered record funding to Tourism Australia so they can showcase Australia to the world attract more tourists to visit places like the Gold Coast.”
While international tourists spending is recording strong growth the drop in spend from domestic visitors affected the overall performance of the Gold Coast.