Industry Analysis & Industry Trends
Recreational parks and gardens are popular tourist destinations for local and international travellers. This is a result of increasing awareness in the community regarding environmental attractions and problems such as climate change. Increased tourism promotion for many of Australia's natural attractions, including national and state parks, is a positive for the industry, which has also benefited from a rise in interest in natural environments and nature conservation.
A major proportion of industry revenue is financed by federal and state governments that fund various bodies to oversee operations and maintenance associated with national parks, recreational parks and other segments in the industry... purchase to read more
Industry Report - Industry Analysis Chapter
The industry is greatly influenced by government funding levels, which can vary significantly between years and are greatly influenced by government budgeting levels and political cycles. Also, economic and non-economic factors, such as changes in real household disposable incomes, petrol prices and airline disputes, can affect domestic travel demand and therefore visitation growth to national and state parks.
Industry growth is also being influenced by the more general increasing popularity of attractions that are nature or eco-tourism based. This is not just an Australian phenomenon as this is evident in most developed nations... purchase to read more