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Australia Sees Increase in Visitor Numbers

Article Date : Monday, February 11, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

The prospects for property investment in Australia have received a boost from new figures highlighting an increase in visitor numbers.

According to official data, about 5.6 million leisure travellers visited the country last year, reports TravelMole.

According to the Tourism and Transport Forum (TTF), this is a record number of visitors and a development which has helped boost Australia's economy.

Christopher Brown, managing director of TTF, commented: "International visitors spent $15.2 billion in Australia in the 12 months to September 2007 - an increase of 13.3 per cent on the previous corresponding period."

He added that it was "vital" for the Australian tourist trade to be internationally competitive throughout this period of uncertainty in the global economy.

The increase in visitor numbers and positive economic effects also reflect favourably on the country's suitability as an property investment market.

This comes after a poll by insurance firm AXA found that Australia was widely considered to be the world's most desirable retirement destination.
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