Chinese tourism boom hits new heights

Wednesday 6 July 2016

The Australian Bureau of Statistics on Friday released its overseas short-term arrivals and departures figures for May, which continued to show a trend rise in the number of inbound tourists, although Chinese arrivals continue to taper-off.

The number of short-term visitor arrivals rose 0.7% in May in trend terms, whereas short-term resident departures fell by 0.1% over the month. The ratio of annual arrivals to departures also rose to 80.6%, which was the highest level since February 2011 (see next chart).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.