Ever since the Global Financial Crisis, Australians’ total annual holiday spend has remained relatively static at $65 billion, the latest Roy Morgan Single Source Survey shows. Although the cost per person per trip has risen steadily, Aussies aren’t travelling as much as they were even three years ago – indeed, a growing number aren’t travelling at all.
In the twelve months to April 2001, Australians spent $31 billion on holidays. Compared to that, $65 billion for the year to April 2013 is a large increase. But, since peaking at $66 billion in September 2009, the annual total spend has rarely crept above $65 billion.
Source: Roy Morgan Single Source (Australia), May 2000 – April 2013.