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 $966.5m, the total value added was $544.9m.

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)------------------
Direct4,5883.95.03.23,8103.34.92.9778
Indirect2,3612.02.04.01,9601.72.03.5400
Total6,9485.87.03.45,7705.06.93.11,178
Employment (FTE)------------------
Direct3,6453.64.73.23,0623.14.72.8583
Indirect2,2442.22.53.71,8851.92.53.3359
Total5,8905.87.23.44,9485.07.23.0942
Output/Sales ($m)------------------
Direct492.61.72.92.4442.91.83.32.249.7
Indirect473.91.62.23.1426.11.72.42.947.8
Total966.53.35.12.7869.03.55.72.597.5
Value added ($m)------------------
Direct303.42.53.33.1255.52.33.62.647.8
Indirect241.52.02.33.6203.41.92.53.038.1
Total544.94.45.53.3458.94.26.12.885.9

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 2015-16 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: 7.0% Employment (FTE), Victoria: 7.2% Output/Sales, Victoria: 5.1% Value added, Victoria: 5.5% Employment (total), City of Monash: 5.8% Employment (FTE), City of Monash: 5.8% Output/Sales, City of Monash: 3.3% Value added, City of Monash: 4.4%
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: $292.56 million Value added - Direct: $367.58 million Output/Sales - Indirect: $545.89 million Output/Sales - Direct: $567.39 million Value added - Indirect: $241.47 million Value added - Direct: $303.39 million Output/Sales - Indirect: $473.93 million Output/Sales - Direct: $492.59 million Value added - Indirect: $223.90 million Value added - Direct: $281.31 million Output/Sales - Indirect: $470.54 million Output/Sales - Direct: $489.07 million Value added - Indirect: $165.28 million Value added - Direct: $207.66 million Output/Sales - Indirect: $362.70 million Output/Sales - Direct: $376.98 million Value added - Indirect: $189.13 million Value added - Direct: $237.63 million Output/Sales - Indirect: $384.14 million Output/Sales - Direct: $399.27 million Value added - Indirect: $238.82 million Value added - Direct: $300.06 million Output/Sales - Indirect: $447.98 million Output/Sales - Direct: $465.62 million Value added - Indirect: $203.39 million Value added - Direct: $255.55 million Output/Sales - Indirect: $426.13 million Output/Sales - Direct: $442.91 million Value added - Indirect: $189.61 million Value added - Direct: $238.23 million Output/Sales - Indirect: $430.36 million Output/Sales - Direct: $447.30 million Value added - Indirect: $169.61 million Value added - Direct: $213.11 million Output/Sales - Indirect: $409.88 million Output/Sales - Direct: $426.02 million Value added - Indirect: $157.69 million Value added - Direct: $198.12 million Output/Sales - Indirect: $386.93 million Output/Sales - Direct: $402.17 million Value added - Indirect: $139.35 million Value added - Direct: $175.08 million Output/Sales - Indirect: $348.90 million Output/Sales - Direct: $362.64 million Value added - Indirect: $132.56 million Value added - Direct: $166.54 million Output/Sales - Indirect: $331.97 million Output/Sales - Direct: $345.04 million Value added - Indirect: $137.91 million Value added - Direct: $173.27 million Output/Sales - Indirect: $327.52 million Output/Sales - Direct: $340.42 million Value added - Indirect: $140.60 million Value added - Direct: $176.66 million Output/Sales - Indirect: $343.68 million Output/Sales - Direct: $357.21 million Value added - Indirect: $145.42 million Value added - Direct: $182.71 million Output/Sales - Indirect: $353.93 million Output/Sales - Direct: $367.86 million Value added - Indirect: $152.59 million Value added - Direct: $191.72 million Output/Sales - Indirect: $352.55 million Output/Sales - Direct: $366.43 million Value added - Indirect: $139.94 million Value added - Direct: $175.82 million Output/Sales - Indirect: $330.45 million Output/Sales - Direct: $343.46 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: 2,791 people Employment (total) - Direct: 5,424 people Employment (FTE) - Indirect: 2,625 people Employment (FTE) - Direct: 4,263 people Employment (total) - Indirect: 2,361 people Employment (total) - Direct: 4,588 people Employment (FTE) - Indirect: 2,244 people Employment (FTE) - Direct: 3,645 people Employment (total) - Indirect: 2,114 people Employment (total) - Direct: 4,109 people Employment (FTE) - Indirect: 2,049 people Employment (FTE) - Direct: 3,327 people Employment (total) - Indirect: 1,479 people Employment (total) - Direct: 2,874 people Employment (FTE) - Indirect: 1,437 people Employment (FTE) - Direct: 2,335 people Employment (total) - Indirect: 1,695 people Employment (total) - Direct: 3,294 people Employment (FTE) - Indirect: 1,668 people Employment (FTE) - Direct: 2,709 people Employment (total) - Indirect: 2,266 people Employment (total) - Direct: 4,403 people Employment (FTE) - Indirect: 2,237 people Employment (FTE) - Direct: 3,633 people Employment (total) - Indirect: 1,960 people Employment (total) - Direct: 3,810 people Employment (FTE) - Indirect: 1,885 people Employment (FTE) - Direct: 3,062 people Employment (total) - Indirect: 1,897 people Employment (total) - Direct: 3,687 people Employment (FTE) - Indirect: 1,819 people Employment (FTE) - Direct: 2,955 people Employment (total) - Indirect: 1,869 people Employment (total) - Direct: 3,633 people Employment (FTE) - Indirect: 1,820 people Employment (FTE) - Direct: 2,956 people Employment (total) - Indirect: 1,787 people Employment (total) - Direct: 3,473 people Employment (FTE) - Indirect: 1,764 people Employment (FTE) - Direct: 2,866 people Employment (total) - Indirect: 1,645 people Employment (total) - Direct: 3,196 people Employment (FTE) - Indirect: 1,639 people Employment (FTE) - Direct: 2,663 people Employment (total) - Indirect: 1,592 people Employment (total) - Direct: 3,094 people Employment (FTE) - Indirect: 1,587 people Employment (FTE) - Direct: 2,579 people Employment (total) - Indirect: 1,585 people Employment (total) - Direct: 3,081 people Employment (FTE) - Indirect: 1,556 people Employment (FTE) - Direct: 2,527 people Employment (total) - Indirect: 1,566 people Employment (total) - Direct: 3,044 people Employment (FTE) - Indirect: 1,499 people Employment (FTE) - Direct: 2,434 people Employment (total) - Indirect: 1,503 people Employment (total) - Direct: 2,921 people Employment (FTE) - Indirect: 1,421 people Employment (FTE) - Direct: 2,309 people Employment (total) - Indirect: 1,523 people Employment (total) - Direct: 2,960 people Employment (FTE) - Indirect: 1,477 people Employment (FTE) - Direct: 2,399 people Employment (total) - Indirect: 1,382 people Employment (total) - Direct: 2,687 people Employment (FTE) - Indirect: 1,374 people Employment (FTE) - Direct: 2,232 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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