Few sectors have been hit as hard by COVID-19 as the Tourism
sector. In this episode, KordaMentha partners Scott Langdon and
Tony Miskiewicz discuss the current challenges facing the sector
and the outlook for 2021 and beyond.
Transcript
Sean
Today, we're talking about tourism. The tourism industry is
massive and obviously important to the Australian economy. Before
COVID-19 caused lockdowns, Australian tourism made up around 8% of
all employment across the country, employing about 660,000 people
in over 250,000 businesses. In dollar terms, domestic tourism makes
up around two-thirds of the market and is worth $105 billion each
year. The other third worth over $40 billion is spent by
international visitors.
