06 Aug 2015, 08:17 am
Federal Assistant Minister for Infrastructure and Regional Development Jamie Briggs presented a keynote address emphasising the importance of investment to drive competitiveness across the tourism industry.
Tourism Australia Managing Director John O’Sullivan chaired a panel about travel trends and preferences for Australia’s big four inbound markets: the UK, USA, NZ and China.
Austrade Senior Investment Specialist Karen Wales hosted an investor panel who spoke about their Australian hotel investments and where they see opportunities going forward. Tourism Australia and Austrade also held a number of meetings with international investors to promote opportunities across Australia.
Australia is the eighth largest tourism market in the world and is fast becoming a major destination for business investment. Tourism is Australia’s largest services industry export and second only to iron ore as an export earner.
In response to Tourism 2020 goals to increase visitor expenditure Tourism Australia and Austrade have formed a partnership to make Australian tourism opportunities more readily available to interested investors.
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Air India, India’s leading global airline, and Maldivian, the national airline of the Maldives, have entered a bilateral interline partnership aimed at boosting connectivity between the two countries.
IndiGo, India’s largest airline, is grappling with one of its most severe operational crises in recent years, with widespread flight delays and cancellations disrupting travel across the country for a second consecutive day.
Tata Group-owned Air India on Sunday announced the reinstatement of its codeshare agreement with fellow Star Alliance carrier, Air Canada, to offer more flight options for travellers and boost connectivity between India and Canada.