TOURISM BLOG / TOURISM BAROMETER JUNE 2021
TOURISM BAROMETER JUNE 2021
The latest data by Tourism Research Australia reports that South Australia’s visitor economy has dropped by 46 per cent to $4.4 billion since December 2019.
Despite a drop in expenditure, TiCSA’s Tourism Barometer for the April to June 2021 quarter shows that South Australia has maintained historically higher market share across more domestic visitor segments.
Please see below for a breakdown of the key findings. These findings do not take into account the impacts of the July and August lockdowns and border closures in South Australia and other states/territories.
Business activity:
- Business activity increased by 43 points from the last quarter. This is the highest on record since December 2010.
Outlook:
- Short-term business outlook dropped by 19 points from the last quarter, though it remains positive. This is primarily due to uncertainty surrounding COVID-19.
Investment:
- Future planned investment decreased by nine points from the last quarter, with more businesses anticipating no change in investment.
Employment:
- For the first time since COVID-19 started, more businesses have increased employment than those that have decreased.
Report prepared in partnership with Lucid Economics.