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Top travel hot-spots Aussies love to explore

Top travel hotspots Aussies love to explore

Croatia, Israel, Greece, Canada and Spain are increasingly popular travel destinations for Australians, CommSec research has found.

New Zealand, the US and Indonesia continue to be the three most popular destinations, but Aussies are travelling more, with Croatia, Israel, Greece, Canada and Spain being the fastest growing markets.

Tourist departures rose by 0.4% in the latest data from the Australian Bureau of Statistics (ABS), up by 6.3% for the year.

Who comes to visit?

A record number of tourists from China travelled to Australia – 1,373,000, up 12.7% on the year.

Visitors from New Zealand ranked second, with 1,360,300 coming, which was only 1.9% higher on the year.

Total tourist arrivals rose by 0.4%, according to the ABS data, up 8% on the year.

Where Aussies are travelling

Here are the top 10 emerging hot-spots that Aussies travelled to last year. 

 Destination   Annual % change (year to November)
 Croatia  51.2
 Israel   39.0
 Greece  29.2
 Canada  25.2 
 Spain  21.1
 Sweden  20.0
 Sri Lanka  18.9
 Vietnam  18.3
 Cook Islands   17.6
 Nepal  17.5

Source: ABS and CommSec.

Big benefits for business

The tourism boom has had a positive impact on the Australian economy, especially the travel sector.

“Businesses are doing well at present and it’s not just because Aussie consumers are spending. The constant flow of tourists to Australia is important for a raft of businesses,” says CommSec Chief Economist Craig James.

“For airlines, airports, accommodation and other travel-related businesses, the business environment remains favourable.”

 

Source: ABS Overseas Arrivals and Departures Nov 2017; CommSec Research: Lending lifts; Top tourist destinations Jan 2018.

Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 and a Participant of the ASX Group and Chi-X Australia.

This article is intended to provide general information of an educational nature only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice. Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 and a Participant of the ASX Group and Chi-X Australia.