Tourism Research Australia’s (TRA) Tourism Investment Monitor 2016–17 reports on the number and value of significant projects (valued at over $20 million) in Australia’s tourism investment pipeline in 2016–17.
There were 204 projects in the tourism investment pipeline in 2016–17, valued at $37.8 billion:
Arts, recreation and business services accounted for the most value – $17.0 billion
Aviation infrastructure projects accounted for $10.1 billion
Accommodation projects were valued at $10.8 billion, with the potential to add an additional 19,730 rooms to the accommodation sector.
Investment remained strong in each of the three main sectors in the tourism industry: