Australia’s wildfires will cause the local tourism sector losses of at least 4.5 billion Australian dollars by the end of the year, according to a report by the professional organization Australian Tourism Export Council (ATEC).
In recent months, Australia’s wildfires have scorched an area of land approximately one-third the size of Germany, causing the deaths of 29 people and destroying over 2,000 homes.
According to ATEC, the number of tourists who booked a stay in Australia has dropped by 10% to 20% since the start of the fires in September 2019.
Frequently Asked Questions
What is the estimated financial impact of the wildfires on Australian tourism?
The Australian Tourism Export Council (ATEC) estimates losses of at least 4.5 billion Australian dollars by the end of the year.
How much has the number of tourist bookings decreased?
Bookings have seen a significant decline, dropping between 10% and 20% since the fires began in September 2019.
What is the scale of the damage caused by the fires?
The fires have burned an area equivalent to one-third of Germany, resulting in 29 fatalities and the destruction of more than 2,000 homes.