Economic Value

1 November 2011

The tourism and events sector is vital to the NSW economy contributing billions in revenue and supporting tens of thousands of jobs throughout the State - many of them in regional NSW. Tourism employment now accounts for one in every 21 jobs in NSW.

Reports

Economic Contribution of Tourism to NSW 2014-15 (PDF 1 MB)
State Tourism Satellite Accounts 2014-15
Tourism Businesses in Australia, June 2011 to June 2015

Our Tourism Tally

Consumption

Tourism consumption in NSW = $37.1 billion
NSW’s share of national tourism consumption = 30.6%

Top tourism products/services that contributed most to tourism consumption in NSW:

Takeaway and restaurant meals  16.1%
Long distance passenger transportation  12.9%
Shopping (includes gifts and souvenirs)  12.8%
Accommodation services  12.2%
Fuel (petrol, diesel)  8.8%

Source: State Tourism Satellite Accounts, 2014-15, Tourism Research Australia (TRA) 

Jobs

Estimated direct employment =171,900
Estimated indirect employment = 97,700 jobs
Total direct and indirect employment= 269,000 jobs

Source: State Tourism Satellite Accounts, 2014-15, TRA 

Business

Number of businesses involved in tourism = 93,630 (June 2015)

Source: Tourism Businesses in Australia (June 2011-June 2015), TRA

Accommodation establishments = 1,370 (hotels and serviced apartments with 10 rooms or more)

Source: STR Global database, June 2016 (STR Global database is member-based and data is supplied by accommodation establishments on a voluntary basis).

Total Overnight Visitors (IVS and NVS)

Number of overnight visitors = 32.5 million
Market share visitors = 33.8%

Total Visitor Nights (IVS and NVS)

Number of visitor nights = 179.9 million
Market share nights = 31.2%

Expenditure

Total overnight visitor expenditure = $25.5 billion
Market share expenditure = 30.2%

Source: National and International Visitor Surveys, YE June 2016; TRA.

Our Events Tally

There are now more than 163 events on the Sydney and NSW Event Calendar - all with the potential to generate tourism arrivals and expenditure in destinations throughout the State.

Visitor Nights

Number of visitor nights delivered by events visitors in NSW = 6.4 million

Expenditure

Event visitors spent around $2.3 billion in NSW in the year ending June 2016.

Source: National and International Visitor Surveys, YE June 2016; TRA

Tourism to Regional Areas

Domestic and international visitors to NSW destinations outside Sydney generated a massive 83.0 million nights of accommodation in Regional NSW and $14.4 billion in visitor (overnight and day trip) expenditure.

Source: National and International Visitor Surveys, YE June 2016, TRA