Tourist Bucks Weigh in With Record Economy Boost

Tourist Bucks Weigh in With Record Economy Boost
People climb the Sydney Harbour Bridge (background R) as tourists hold umbrellas and take photographs of the Sydney Opera House on a rainy day in Australia on Dec. 21, 2023. David Gray/AFP via Getty Images
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Travel and tourism is expected to contribute more to Australia’s economy in 2024 than any previous year on record.

Four years after COVID-19 brought the sector to its knees with border closures and widespread restrictions on people movement, it’s poised to surpass its 2019 peak by generating $265.5 billion (US$177 billion), according to World Travel and Tourism Council forecasts.