Investment in Australian tourism infrastructure demonstrates strong growth in line with a brand new report from Tourism Research Australia (TRA). The TRA 2013 Tourism Investment Monitor, released today, confirms the Australian tourism investment pipeline is estimated at $44.1 billion in 2012, up 22 per cent on 2011. “We’ve seen continuing growth inside the tourism investment pipeline over the past one year, with a further $7.9 billion within the pipeline in 2012,” Dr Leo Jago, Chief Economist and General Manager of TRA, said. “Investment in new aviation fleets by our leading airlines continues to dominate the expansion in tourism investment” confirmed Dr Jago. “This investment though should be better balanced with adequate levels of investment in airports, in addition to accommodation and humanities and recreation infrastructure, to completely leverage increased aviation...
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