Cradle Coast RegionEconomic profile
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Cradle Coast Region

Tourism and hospitality value

In 2018/19 , the total tourism and hospitality sales in Cradle Coast Region was $431.8m, the total value added was $230.6m.

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
Cradle Coast Region2018/192013/14Change
MeasureCradle Coast Region% of total industryTasmania%Cradle Coast Region as a % of TasmaniaCradle Coast Region% of total industryTasmania%Cradle Coast Region as a % of Tasmania2014 to 2019
Employment (total)------------------
Direct2,3384.77.013.52,1404.36.214.8198
Indirect1,0022.03.212.69141.92.913.888
Total3,3416.810.213.23,0556.29.114.5286
Employment (FTE)------------------
Direct1,6014.06.213.21,5213.85.614.779
Indirect7822.03.511.37421.83.212.540
Total2,3836.09.712.52,2645.68.813.9119
Output/Sales ($m)------------------
Direct264.82.34.511.1223.32.13.912.041.5
Indirect167.01.53.88.4139.91.33.39.027.1
Total431.83.88.39.9363.13.47.210.668.7
Value added ($m)------------------
Direct149.12.64.711.8127.92.44.212.821.2
Indirect81.41.43.68.469.51.33.29.112.0
Total230.64.08.310.4197.43.77.411.233.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2020. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2016-17 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 2018/19
Value of tourism and hospitality 2018/19 Employment (total), Tasmania: 10.2% Employment (FTE), Tasmania: 9.7% Output/Sales, Tasmania: 8.3% Value added, Tasmania: 8.3% Employment (total), Cradle Coast Region: 6.8% Employment (FTE), Cradle Coast Region: 6.0% Output/Sales, Cradle Coast Region: 3.8% Value added, Cradle Coast Region: 4.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2020
Compiled and presented in economy.id by .id the population experts
Value of tourism and hospitality
Value of tourism and hospitality Value added - Indirect: $81.43 million Value added - Direct: $149.12 million Output/Sales - Indirect: $167.01 million Output/Sales - Direct: $264.81 million Value added - Indirect: $77.24 million Value added - Direct: $141.66 million Output/Sales - Indirect: $158.18 million Output/Sales - Direct: $251.24 million Value added - Indirect: $80.32 million Value added - Direct: $147.52 million Output/Sales - Indirect: $164.37 million Output/Sales - Direct: $261.86 million Value added - Indirect: $75.91 million Value added - Direct: $139.70 million Output/Sales - Indirect: $159.18 million Output/Sales - Direct: $254.23 million Value added - Indirect: $72.62 million Value added - Direct: $133.47 million Output/Sales - Indirect: $148.04 million Output/Sales - Direct: $235.87 million Value added - Indirect: $69.46 million Value added - Direct: $127.89 million Output/Sales - Indirect: $139.87 million Output/Sales - Direct: $223.27 million Value added - Indirect: $71.30 million Value added - Direct: $131.56 million Output/Sales - Indirect: $138.67 million Output/Sales - Direct: $222.42 million Value added - Indirect: $76.39 million Value added - Direct: $141.10 million Output/Sales - Indirect: $151.53 million Output/Sales - Direct: $243.68 million Value added - Indirect: $80.77 million Value added - Direct: $149.08 million Output/Sales - Indirect: $183.55 million Output/Sales - Direct: $294.76 million Value added - Indirect: $74.19 million Value added - Direct: $137.08 million Output/Sales - Indirect: $169.58 million Output/Sales - Direct: $272.63 million Value added - Indirect: $75.59 million Value added - Direct: $139.76 million Output/Sales - Indirect: $166.79 million Output/Sales - Direct: $268.36 million Value added - Indirect: $78.65 million Value added - Direct: $145.70 million Output/Sales - Indirect: $168.66 million Output/Sales - Direct: $271.53 million Value added - Indirect: $75.75 million Value added - Direct: $140.17 million Output/Sales - Indirect: $172.85 million Output/Sales - Direct: $278.44 million Value added - Indirect: $73.00 million Value added - Direct: $135.81 million Output/Sales - Indirect: $169.06 million Output/Sales - Direct: $274.94 million Value added - Indirect: $66.90 million Value added - Direct: $125.27 million Output/Sales - Indirect: $153.28 million Output/Sales - Direct: $252.49 million Value added - Indirect: $59.12 million Value added - Direct: $111.03 million Output/Sales - Indirect: $132.93 million Output/Sales - Direct: $219.75 million Value added - Indirect: $62.43 million Value added - Direct: $117.72 million Output/Sales - Indirect: $139.85 million Output/Sales - Direct: $232.36 million Value added - Indirect: $51.67 million Value added - Direct: $98.05 million Output/Sales - Indirect: $118.69 million Output/Sales - Direct: $198.93 million Value added - Indirect: $50.41 million Value added - Direct: $95.38 million Output/Sales - Indirect: $117.17 million Output/Sales - Direct: $195.38 million Value added - Indirect: $54.70 million Value added - Direct: $103.23 million Output/Sales - Indirect: $131.06 million Output/Sales - Direct: $217.49 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2020
Compiled and presented in economy.id by .id the population experts
Tourism and hospitality employment
Tourism and hospitality employment Employment (total) - Indirect: 1,002 people Employment (total) - Direct: 2,338 people Employment (FTE) - Indirect: 782 people Employment (FTE) - Direct: 1,601 people Employment (total) - Indirect: 1,004 people Employment (total) - Direct: 2,342 people Employment (FTE) - Indirect: 773 people Employment (FTE) - Direct: 1,583 people Employment (total) - Indirect: 1,048 people Employment (total) - Direct: 2,440 people Employment (FTE) - Indirect: 841 people Employment (FTE) - Direct: 1,721 people Employment (total) - Indirect: 999 people Employment (total) - Direct: 2,337 people Employment (FTE) - Indirect: 815 people Employment (FTE) - Direct: 1,675 people Employment (total) - Indirect: 999 people Employment (total) - Direct: 2,336 people Employment (FTE) - Indirect: 791 people Employment (FTE) - Direct: 1,622 people Employment (total) - Indirect: 914 people Employment (total) - Direct: 2,140 people Employment (FTE) - Indirect: 742 people Employment (FTE) - Direct: 1,521 people Employment (total) - Indirect: 907 people Employment (total) - Direct: 2,121 people Employment (FTE) - Indirect: 744 people Employment (FTE) - Direct: 1,523 people Employment (total) - Indirect: 936 people Employment (total) - Direct: 2,188 people Employment (FTE) - Indirect: 807 people Employment (FTE) - Direct: 1,649 people Employment (total) - Indirect: 976 people Employment (total) - Direct: 2,285 people Employment (FTE) - Indirect: 828 people Employment (FTE) - Direct: 1,694 people Employment (total) - Indirect: 949 people Employment (total) - Direct: 2,223 people Employment (FTE) - Indirect: 774 people Employment (FTE) - Direct: 1,587 people Employment (total) - Indirect: 964 people Employment (total) - Direct: 2,257 people Employment (FTE) - Indirect: 798 people Employment (FTE) - Direct: 1,637 people Employment (total) - Indirect: 969 people Employment (total) - Direct: 2,273 people Employment (FTE) - Indirect: 835 people Employment (FTE) - Direct: 1,718 people Employment (total) - Indirect: 965 people Employment (total) - Direct: 2,265 people Employment (FTE) - Indirect: 812 people Employment (FTE) - Direct: 1,671 people Employment (total) - Indirect: 951 people Employment (total) - Direct: 2,231 people Employment (FTE) - Indirect: 799 people Employment (FTE) - Direct: 1,646 people Employment (total) - Indirect: 915 people Employment (total) - Direct: 2,153 people Employment (FTE) - Indirect: 784 people Employment (FTE) - Direct: 1,618 people Employment (total) - Indirect: 850 people Employment (total) - Direct: 2,010 people Employment (FTE) - Indirect: 754 people Employment (FTE) - Direct: 1,560 people Employment (total) - Indirect: 842 people Employment (total) - Direct: 1,997 people Employment (FTE) - Indirect: 718 people Employment (FTE) - Direct: 1,490 people Employment (total) - Indirect: 799 people Employment (total) - Direct: 1,899 people Employment (FTE) - Indirect: 669 people Employment (FTE) - Direct: 1,392 people Employment (total) - Indirect: 817 people Employment (total) - Direct: 1,943 people Employment (FTE) - Indirect: 691 people Employment (FTE) - Direct: 1,438 people Employment (total) - Indirect: 812 people Employment (total) - Direct: 1,932 people Employment (FTE) - Indirect: 715 people Employment (FTE) - Direct: 1,487 people
Source: National Institute of Economic and Industry Research (NIEIR) ©2020
Compiled and presented in economy.id by .id the population experts
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