It seems the Chinese love to splash their cash when they come to Australia.
Figures released from the latest International Visitor Survey produced by Tourism Research Australia show that in the year to September, Chinese visitors spent a whopping $7.7 billion here in Australia. That works out to be $21 million a day.
Chinese visitor expenditure has now exceeded the tourist industry’s annual target of $7.4 billion – set in 2010 – five years ahead of schedule.
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Tourism and Transport Forum CEO Margy Osmond told news.com.au the figures showed what an “amazing powerhouse the Chinese economy was for Australia’s tourism market”.
“Australia’s share of the Chinese tourism market represents less than one per cent of the 100 million Chinese travelling overseas — capturing more of this market must be a priority for Australia,” she said.
Other nationalites spending big bucks down under are travellers from ndia, the US, Hong Kong and Singapore who dished out $34 billion for the year to September.