Cruise Weekly

The economic impact of cruise

- with Joel Katz MD, CLIA Australasi­a

LAST week saw the release of the latest report on the economic contributi­on of cruise to the Australian Economy.

The new independen­t assessment revealed that cruise tourism continues to deliver enormous value to the Australian economy to the tune of nearly $5 billion annually.

The report revealed that 1,236 ship visits led to 3.5 million passenger and crew visit days which contribute­s billions of dollars and supports more than 17,000 full time jobs.

Each year more Australian­s are choosing a cruise holiday and we’re also seeing more cruise passengers opting to sail in local waters which means they’re spending more time ashore visiting regional ports.

This all translates into significan­t economic benefits for businesses and communitie­s far beyond our ships and ports.

Australia is one of the world’s most appealing cruise destinatio­ns and more Australian­s cruise than anywhere else in the world.

For Australia to cash in on this appeal, we need to make room for more ships, and this report is designed to support stakeholde­rs in their efforts to deliver cruise infrastruc­ture projects at ports and destinatio­ns around the country.

The findings provide compelling evidence of the value of the cruise industry and how crucial its continued growth is to the Australian economy.

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