International tourist spending growth reaches Sydney Olympic heights

International tourist spending growth reaches Sydney Olympic heights

The tourism sector is continuing to pick up speed after the collapse of the mining boom, with an influx of visitors from China and India and more splurging on food and wine contributing to the strongest annual growth rate in spending since the Sydney Olympics were held in 2000.
The Australian Financial Review reports total spending rose by 10 per cent to a record $33.4 billion in the 12 months to June 30, outpacing a 7 per cent rise in visitors to 6.6 million, the latest international visitor survey from Tourism Research Australia showed.

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