Projecting Remarkable Growth in Oceania’s Travel & Tourism Sector by 2034
A recent analysis conducted by the World Travel & Tourism Council (WTTC) indicates that the Travel & Tourism industry in Oceania has the potential to contribute an additional USD $112 billion to the regional economy by 2034. This would elevate its total economic contribution to a staggering USD $336 billion.
Job Creation and Economic Impact
The report, generated in partnership with VFS Global and unveiled during WTTC’s 24th Global Summit held in Perth, Australia, suggests that this economic boost could generate approximately 1.1 million new jobs. Subsequently, this growth would lead to a total of about 3.5 million jobs supported by the Travel & Tourism sector within Oceania by the year 2034.
Titled “Unlocking Opportunities for Travel & Tourism Growth in Oceania,” the report emphasizes how strategic investments can significantly reshape this vital sector of the region.
A Vision for Sustainable Leadership
Oceania—which encompasses Australasia, Melanesia, Micronesia, and Polynesia—has been identified as having immense potential to become a worldwide leader in sustainable tourism while simultaneously enhancing its economic landscape.
However, realizing these benefits necessitates focused efforts across several critical areas:
- Investment in eco-friendly infrastructure designed to adapt and respond effectively to climate change while improving regional connectivity.
- Enhancement of air travel connections throughout Oceania.
- Simplification of visa acquisition processes for travelers.
- Encouragement of environmentally sustainable tourism practices that safeguard Indigenous cultures and communities.
To facilitate this anticipated growth trajectory, experts advocate for a comprehensive policy framework that includes expanding airport capacities across various locales and investing in renewable energy sources specifically tailored for tourism-related infrastructure.
How does tourism impact job creation in Oceania?
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Unlocking Potential: How Oceania’s Tourism Could Boost the Economy by $112 Billion in the Next Decade
The Current State of Tourism in Oceania
Oceania, a region comprised of thousands of islands across the Pacific Ocean, is rich in natural beauty, cultural diversity, and unique attractions. Countries like Australia, New Zealand, Fiji, and Papua New Guinea contribute significantly to global tourism. Prior to the pandemic, Oceania’s tourism industry was projected to generate billions of dollars, supporting millions of jobs and local businesses.
Statistical Overview
| Country | Tourism Revenue (Pre-COVID) | Jobs Supported |
|---|---|---|
| Australia | $60 Billion | 600,000 |
| New Zealand | $25 Billion | 400,000 |
| Fiji | $1.5 Billion | 120,000 |
| Papua New Guinea | $1 Billion | 100,000 |
Insights from Industry Leaders
Julia Simpson, President & CEO of WTTC stated: “Oceania possesses an extraordinary chance not only to advance its Travel & Tourism sector but also to champion sustainability on a global scale.”
“By prioritizing investments into climate-resilient infrastructure and supporting Indigenous communities actively engaged with tourism efforts,” she adds, “the region could emerge as a beacon for eco-conscious and inclusive travel.”
Zubin Karkaria, Founder and Chief Executive Officer at VFS Global Group commented on their collaboration: “We are thrilled about our joint venture with WTTC highlighted through this extensive report showcasing promising opportunities present within Oceania’s travel industry.”
“With operations spanning over 150 countries,” he explained further,” VFS Global serves as trusted partners for 26 governments here since our establishment back in 2008.”
“Our commitment lies primarily towards driving workforce development—a vital aspect conducive towards achieving lasting success throughout this evolving industry landscape.”
Emphasizing Sustainability
Sustainability holds central importance when discussing future prospects within Oceania’s tourism framework.
This latest research points out significant needs such as developing eco-friendly facilities infused with renewable energy options at resorts along with adaptive strategies capable of minimizing environmental impacts—all aligned toward attracting today’s discerning travelers who prioritize sustainable options.
Indigenous-led businesses play an equally pivotal role during such transitions; they foster genuine cultural interactions whilst ensuring greater community involvement regarding financial rewards stemming from tourist activity inputting value directly into local economies rather than abstract benefits elsewhere.
Projected figures estimate that before year-end Oceanian sectors dedicated towards travelling shall rebound impressively—surpassing pre-pandemic heights by around twenty percent reaching USD $224 billion—with workforce reliance potentially exceeding previous employment levels averaging out near two-point-three million roles nestled deeply into those dynamics ensured stability over losses encountered earlier due distancing measures put forth amid global uncertainties undeterred originally forecasted progression until upturns reestablish exceptionally post-2025 horizons approaching discovery phases gradually ahead… PACNEWS/WORLD TRAVEL & TOURISM COUNCIL