Investing in Queensland's tourism industry
Queensland is a popular tourist destination, attracting Australian and international tourists with unique holiday experiences. Queensland Government support for the industry - along with low business costs, reliable infrastructure and opportunities for growth - make Queensland a favourable place to set up a tourism business, whether it's related to accommodation, attractions, transport or tour operations.
Tourism is a key industry in Queensland:
- the industry directly and indirectly employs 222,000 Queenslanders - or 9.9% of all people employed in Queensland
- the sector contributes $7.9 billion to the Queensland economy and accounts for 7% of Queensland's Gross State Product (GSP)
- tourism is Queensland's second largest export earner, generating $3.8 billion each year
- for the first half of 2010, Australia accounted for around 32% of Asia-Pacific hotel transactions ($626 million in total)
- visitor arrivals markets are forecast to achieve strong growth over the next 10 years including India (annual growth of 8.9%), the Middle East (10.4%), China (8.5%) and Indonesia (7.2%).
This guide explains the benefits of investing in Queensland's tourism industry.
