City of MonashEconomic profile

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City of Monash

Tourism and hospitality value

In 2014/15 , the total tourism and hospitality sales in City of Monash was $782.0m, the total value added was $393.9m.

Tourism and hospitality are key industries and major contributors to Australia’s economy. However it has not been well represented in economic profiles in the past, because it actually includes parts of many different traditional industries.

The Australian Bureau of Statistics publish the “Tourism Satellite Account” which is a separate set of national accounts which look at the value and contribution of tourism in the national economy.

This dataset presents National Economics microsimulation model of the tourism satellite account at the local level, showing the value of total sales and value add, as well as annual estimates of employment and FTE employment for the tourism sector.

Understanding the current role of your tourism sector is important if you are looking at attracting visitors to your area, and as information for businesses looking to locate in the area.Tourism data should be viewed in conjunction with broader industry data in the Value added, Output and Employment by industry (Total) topics, as well as tourism Workforce characteristics.

National Economics (NIEIR) - Modelled series

Value of tourism and hospitality
City of Monash2014/152009/10Change
MeasureCity of Monash% of total industryVictoria%City of Monash as a % of VictoriaCity of Monash% of total industryVictoria%City of Monash as a % of Victoria2010 to 2015
Employment (total)------------------
Direct2,8112.35.41.84,8174.25.13.4-2,006
Indirect1,4461.22.32.22,4792.22.34.0-1,032
Total4,2583.57.61.97,2966.37.43.6-3,038
Employment (FTE)------------------
Direct2,1602.14.91.83,6453.74.73.3-1,485
Indirect1,3301.32.72.12,2442.32.63.7-914
Total3,4903.47.61.95,8895.97.33.5-2,399
Output/Sales ($m)------------------
Direct398.61.53.71.6521.92.23.22.7-123.3
Indirect383.51.52.82.1502.12.12.53.3-118.6
Total782.03.06.51.81,024.04.35.82.9-242.0
Value added ($m)------------------
Direct219.31.83.91.9302.42.83.53.2-83.1
Indirect174.61.52.82.1240.72.22.63.4-66.1
Total393.93.36.72.0543.15.06.13.3-149.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Value of tourism and hospitality 2014/15
Value of tourism and hospitality 2014/15 Employment (total), Victoria: 7.6% Employment (FTE), Victoria: 7.6% Output/Sales, Victoria: 6.5% Value added, Victoria: 6.7% Employment (total), City of Monash: 3.5% Employment (FTE), City of Monash: 3.4% Output/Sales, City of Monash: 3.0% Value added, City of Monash: 3.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Value of tourism and hospitality
Value of tourism and hospitality Value added - Indirect: $174.58 million Value added - Direct: $219.34 million Output/Sales - Indirect: $383.47 million Output/Sales - Direct: $398.57 million Value added - Indirect: $191.41 million Value added - Direct: $240.49 million Output/Sales - Indirect: $412.64 million Output/Sales - Direct: $428.89 million Value added - Indirect: $221.87 million Value added - Direct: $278.77 million Output/Sales - Indirect: $480.41 million Output/Sales - Direct: $499.33 million Value added - Indirect: $238.97 million Value added - Direct: $300.25 million Output/Sales - Indirect: $506.22 million Output/Sales - Direct: $526.15 million Value added - Indirect: $240.48 million Value added - Direct: $302.14 million Output/Sales - Indirect: $497.07 million Output/Sales - Direct: $516.64 million Value added - Indirect: $240.71 million Value added - Direct: $302.43 million Output/Sales - Indirect: $502.12 million Output/Sales - Direct: $521.89 million Value added - Indirect: $221.60 million Value added - Direct: $278.42 million Output/Sales - Indirect: $454.80 million Output/Sales - Direct: $472.71 million Value added - Indirect: $226.76 million Value added - Direct: $284.90 million Output/Sales - Indirect: $470.97 million Output/Sales - Direct: $489.52 million Value added - Indirect: $241.67 million Value added - Direct: $303.64 million Output/Sales - Indirect: $525.03 million Output/Sales - Direct: $545.71 million Value added - Indirect: $200.62 million Value added - Direct: $252.07 million Output/Sales - Indirect: $432.88 million Output/Sales - Direct: $449.93 million Value added - Indirect: $143.50 million Value added - Direct: $180.30 million Output/Sales - Indirect: $295.94 million Output/Sales - Direct: $307.59 million Value added - Indirect: $137.08 million Value added - Direct: $172.23 million Output/Sales - Indirect: $281.76 million Output/Sales - Direct: $292.86 million Value added - Indirect: $111.13 million Value added - Direct: $139.63 million Output/Sales - Indirect: $230.57 million Output/Sales - Direct: $239.65 million Value added - Indirect: $93.23 million Value added - Direct: $117.13 million Output/Sales - Indirect: $199.67 million Output/Sales - Direct: $207.53 million Value added - Indirect: $85.15 million Value added - Direct: $106.99 million Output/Sales - Indirect: $187.76 million Output/Sales - Direct: $195.15 million Value added - Indirect: $72.76 million Value added - Direct: $91.42 million Output/Sales - Indirect: $164.13 million Output/Sales - Direct: $170.59 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Tourism and hospitality employment
Tourism and hospitality employment Employment (total) - Indirect: 1,446 people Employment (total) - Direct: 2,811 people Employment (FTE) - Indirect: 1,330 people Employment (FTE) - Direct: 2,160 people Employment (total) - Indirect: 1,657 people Employment (total) - Direct: 3,220 people Employment (FTE) - Indirect: 1,475 people Employment (FTE) - Direct: 2,395 people Employment (total) - Indirect: 2,085 people Employment (total) - Direct: 4,051 people Employment (FTE) - Indirect: 1,816 people Employment (FTE) - Direct: 2,950 people Employment (total) - Indirect: 2,275 people Employment (total) - Direct: 4,422 people Employment (FTE) - Indirect: 2,050 people Employment (FTE) - Direct: 3,330 people Employment (total) - Indirect: 2,382 people Employment (total) - Direct: 4,629 people Employment (FTE) - Indirect: 2,181 people Employment (FTE) - Direct: 3,543 people Employment (total) - Indirect: 2,479 people Employment (total) - Direct: 4,817 people Employment (FTE) - Indirect: 2,244 people Employment (FTE) - Direct: 3,645 people Employment (total) - Indirect: 2,493 people Employment (total) - Direct: 4,844 people Employment (FTE) - Indirect: 2,273 people Employment (FTE) - Direct: 3,691 people Employment (total) - Indirect: 2,711 people Employment (total) - Direct: 5,268 people Employment (FTE) - Indirect: 2,493 people Employment (FTE) - Direct: 4,049 people Employment (total) - Indirect: 3,088 people Employment (total) - Direct: 6,001 people Employment (FTE) - Indirect: 2,874 people Employment (FTE) - Direct: 4,668 people Employment (total) - Indirect: 2,704 people Employment (total) - Direct: 5,256 people Employment (FTE) - Indirect: 2,540 people Employment (FTE) - Direct: 4,125 people Employment (total) - Indirect: 2,012 people Employment (total) - Direct: 3,910 people Employment (FTE) - Indirect: 1,907 people Employment (FTE) - Direct: 3,097 people Employment (total) - Indirect: 1,873 people Employment (total) - Direct: 3,640 people Employment (FTE) - Indirect: 1,788 people Employment (FTE) - Direct: 2,905 people Employment (total) - Indirect: 1,541 people Employment (total) - Direct: 2,994 people Employment (FTE) - Indirect: 1,452 people Employment (FTE) - Direct: 2,358 people Employment (total) - Indirect: 1,314 people Employment (total) - Direct: 2,555 people Employment (FTE) - Indirect: 1,259 people Employment (FTE) - Direct: 2,045 people Employment (total) - Indirect: 1,182 people Employment (total) - Direct: 2,297 people Employment (FTE) - Indirect: 1,212 people Employment (FTE) - Direct: 1,969 people Employment (total) - Indirect: 1,043 people Employment (total) - Direct: 2,027 people Employment (FTE) - Indirect: 1,083 people Employment (FTE) - Direct: 1,759 people
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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