TheTourAttraction.com aims to provide the latest global travel and free travel news, travel and visa policies, and flight information. We hope to provide insights into tourism market, technology and development trends with everyone by providing the latest relevant information. Despite the raging COVID-19 epidemic in 2020, we always firmly believe that mankind will overcome the disease and the tourism market will definitely recover. TheTourAttraction.com look forward to your attention and support, and witness the development of the global tourism industry with us. Looking forward to the information TheTourAttraction.com provide can help you. We will continue to follow up and obtain the latest data, and look forward to your attention and support.
The following is the [Travel News]: Absence of Chinese tourists will cost Australia $1.4 billion from [News.com.au] recommended by TheTourAttraction.com:
Retail and hospitality businesses will miss out on $1.4 billion in tourist dollars because of the absence of cashed-up Chinese visitors for Chinese New Year.
Australia’s retail and hospitality sectors are expected to suffer a $1.4 billion financial hit because of the absence of cashed-up Chinese tourists during Chinese New Year celebrations.
Chinese New Year falls on February 12, and it’s also the month that traditionally has the biggest influx of Chinese tourists to Australia.
In 2019, more than 200,000, or 14%, of short-term visitors from China that year arrived in February, according to the Australian Bureau of Statistics.
That number was drastically reduced to 21,000 in 2020 as the borders closed because of the coronavirus outbreak.
With tourist flights from China grounded, let alone the rest of the world, the financial fallout will be immense, says National Retailers Association CEO Dominique Lamb.
The average Chinese tourist spent slightly more than $8,500, totalling $1.755bn, in February 2019.
Their absence would be felt across all sectors, from retail through to tour operators and even casinos.