As well as drawing in the crowds with its pristine beaches, fabulous weather and laid back lifestyle, Australia’s increasing number of gambling tables is also attracting casino loving members of the Asian elite. And with China pegged as Australia’s fasted growing tourism market, Tourism Australia officials are keen to do whatever they can to entice Asian visitors onto Aussie shores.
Leo Jago, chief economist at Tourism Research Australia said “These visitors make an important contribution to our economy. China is Australia’s fastest growing inbound tourism market and tourists from China are the largest spenders in Australia.”
Queensland leads the way
Queensland is at the forefront of the trend with Hong Kong billionaire, Tony Fung recently being granted a gaming license to build colossal $8.15 billion Cairns resort called Aquis. Expected to boost the Queensland economy by $1.4 billion a year, the huge scale investment will feature eight hotels, an array of entertainment complexes, a word class golf course, exhibition centre and super-sized aquarium.
“This is about growing the Queensland tourism industry and ensuring we maintain our international competitiveness,” explained Queensland deputy premier Jeff Seeney.
Gold Coast plans to entice crowds with new cruise ship terminal
With the new development comes exciting news for the cruise industry, with Chinese-Australian investment company, ASF Consortium winning approval to go ahead with its Broadwater Marine Project. Worth an estimated $7.5 billion, the new Gold Coast development will primarily house a brand new cruise ship terminal designed to attract cruise lines to the Gold Coast region.
With Chinese leisure cruise demand growing by a huge 50% in 2013, experts have predicted that by 2017, the number of Chinese cruise passengers will be second only to the US. The development of the new Gold Coast terminal is designed to harness the potential of the booming Chinese cruise trend, offering the local economy a highly lucrative alternative to the decreasing price of its major export, coal.
“This project has the potential to transform the Gold Coast into a world city and we are excited to be moving the project to the next stage” said Allan Fife, ASF Consortium project director.
These are exciting times for the Australian cruise industry as well as the national economy!
Want to beat the crowds and check out the stunning sights of Queensland and the Gold Coast before the exciting new developments go ahead? Check out some of the great ‘No Fly’ cruise package deals on offer from Cruise 1st.
Images sourced via Flickr Creative Commons. Credit: Paul Bica