Cradle Coast RegionEconomic profile
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Cradle Coast Region

Tourism and hospitality value

In 2016/17 , the total tourism and hospitality sales in Cradle Coast Region was $3,724.8m, the total value added was $1,934.1m.

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 Region2016/172011/12Change
MeasureCradle Coast Region% of total industryTasmania%Cradle Coast Region as a % of TasmaniaCradle Coast Region% of total industryTasmania%Cradle Coast Region as a % of Tasmania2012 to 2017
Employment (total)------------------
Direct20,26741.06.5130.221,02842.06.3140.4-762
Indirect8,67917.53.0121.08,99718.02.9131.0-318
Total28,94658.59.5127.330,02659.99.3137.5-1,080
Employment (FTE)------------------
Direct13,90734.45.7127.815,16836.25.7139.6-1,261
Indirect6,76816.83.3107.97,41417.73.3119.6-646
Total20,67551.29.0120.522,58153.99.0132.3-1,907
Output/Sales ($m)------------------
Direct2,293.621.94.1115.62,198.320.14.0118.995.3
Indirect1,431.213.63.586.41,368.912.53.389.362.2
Total3,724.835.57.6102.33,567.332.67.3105.5157.5
Value added ($m)------------------
Direct1,254.123.14.2120.41,288.523.64.5125.6-34.4
Indirect680.012.53.385.0697.212.83.489.7-17.2
Total1,934.135.67.5105.01,985.736.47.9110.1-51.7

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 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 2016/17
Value of tourism and hospitality 2016/17 Employment (total), Tasmania: 9.5% Employment (FTE), Tasmania: 9.0% Output/Sales, Tasmania: 7.6% Value added, Tasmania: 7.5% Employment (total), Cradle Coast Region: 58.5% Employment (FTE), Cradle Coast Region: 51.2% Output/Sales, Cradle Coast Region: 35.5% Value added, Cradle Coast Region: 35.6%
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: $679.97 million Value added - Direct: $1254.10 million Output/Sales - Indirect: $1431.17 million Output/Sales - Direct: $2293.62 million Value added - Indirect: $694.95 million Value added - Direct: $1279.27 million Output/Sales - Indirect: $1455.04 million Output/Sales - Direct: $2323.40 million Value added - Indirect: $697.46 million Value added - Direct: $1283.72 million Output/Sales - Indirect: $1425.82 million Output/Sales - Direct: $2276.15 million Value added - Indirect: $676.12 million Value added - Direct: $1246.47 million Output/Sales - Indirect: $1388.55 million Output/Sales - Direct: $2218.37 million Value added - Indirect: $664.99 million Value added - Direct: $1229.14 million Output/Sales - Indirect: $1319.76 million Output/Sales - Direct: $2119.89 million Value added - Indirect: $697.19 million Value added - Direct: $1288.54 million Output/Sales - Indirect: $1368.95 million Output/Sales - Direct: $2198.31 million Value added - Indirect: $741.53 million Value added - Direct: $1371.86 million Output/Sales - Indirect: $1652.94 million Output/Sales - Direct: $2658.62 million Value added - Indirect: $708.76 million Value added - Direct: $1312.92 million Output/Sales - Indirect: $1536.77 million Output/Sales - Direct: $2474.46 million Value added - Indirect: $661.03 million Value added - Direct: $1224.37 million Output/Sales - Indirect: $1445.62 million Output/Sales - Direct: $2328.59 million Value added - Indirect: $679.76 million Value added - Direct: $1261.42 million Output/Sales - Indirect: $1487.81 million Output/Sales - Direct: $2402.19 million Value added - Indirect: $688.22 million Value added - Direct: $1280.92 million Output/Sales - Indirect: $1567.59 million Output/Sales - Direct: $2546.96 million Value added - Indirect: $665.48 million Value added - Direct: $1245.02 million Output/Sales - Indirect: $1537.03 million Output/Sales - Direct: $2520.32 million Value added - Indirect: $598.10 million Value added - Direct: $1123.14 million Output/Sales - Indirect: $1359.19 million Output/Sales - Direct: $2245.13 million Value added - Indirect: $529.12 million Value added - Direct: $996.02 million Output/Sales - Indirect: $1184.87 million Output/Sales - Direct: $1963.67 million Value added - Indirect: $519.85 million Value added - Direct: $982.08 million Output/Sales - Indirect: $1163.33 million Output/Sales - Direct: $1937.90 million Value added - Indirect: $456.21 million Value added - Direct: $866.78 million Output/Sales - Indirect: $1037.79 million Output/Sales - Direct: $1741.51 million Value added - Indirect: $443.00 million Value added - Direct: $839.52 million Output/Sales - Indirect: $1025.17 million Output/Sales - Direct: $1712.36 million Value added - Indirect: $461.11 million Value added - Direct: $870.85 million Output/Sales - Indirect: $1097.29 million Output/Sales - Direct: $1821.43 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: 8,679 people Employment (total) - Direct: 20,267 people Employment (FTE) - Indirect: 6,768 people Employment (FTE) - Direct: 13,907 people Employment (total) - Indirect: 8,861 people Employment (total) - Direct: 20,651 people Employment (FTE) - Indirect: 7,141 people Employment (FTE) - Direct: 14,644 people Employment (total) - Indirect: 8,921 people Employment (total) - Direct: 20,808 people Employment (FTE) - Indirect: 7,274 people Employment (FTE) - Direct: 14,906 people Employment (total) - Indirect: 8,375 people Employment (total) - Direct: 19,552 people Employment (FTE) - Indirect: 6,784 people Employment (FTE) - Direct: 13,900 people Employment (total) - Indirect: 8,548 people Employment (total) - Direct: 19,962 people Employment (FTE) - Indirect: 7,263 people Employment (FTE) - Direct: 14,873 people Employment (total) - Indirect: 8,997 people Employment (total) - Direct: 21,028 people Employment (FTE) - Indirect: 7,414 people Employment (FTE) - Direct: 15,168 people Employment (total) - Indirect: 9,542 people Employment (total) - Direct: 22,328 people Employment (FTE) - Indirect: 7,966 people Employment (FTE) - Direct: 16,303 people Employment (total) - Indirect: 9,274 people Employment (total) - Direct: 21,698 people Employment (FTE) - Indirect: 7,467 people Employment (FTE) - Direct: 15,318 people Employment (total) - Indirect: 9,430 people Employment (total) - Direct: 22,064 people Employment (FTE) - Indirect: 7,777 people Employment (FTE) - Direct: 15,972 people Employment (total) - Indirect: 9,347 people Employment (total) - Direct: 21,926 people Employment (FTE) - Indirect: 7,911 people Employment (FTE) - Direct: 16,267 people Employment (total) - Indirect: 9,261 people Employment (total) - Direct: 21,718 people Employment (FTE) - Indirect: 7,699 people Employment (FTE) - Direct: 15,838 people Employment (total) - Indirect: 9,046 people Employment (total) - Direct: 21,201 people Employment (FTE) - Indirect: 7,526 people Employment (FTE) - Direct: 15,499 people Employment (total) - Indirect: 8,721 people Employment (total) - Direct: 20,473 people Employment (FTE) - Indirect: 7,460 people Employment (FTE) - Direct: 15,383 people Employment (total) - Indirect: 8,154 people Employment (total) - Direct: 19,227 people Employment (FTE) - Indirect: 6,993 people Employment (FTE) - Direct: 14,461 people Employment (total) - Indirect: 7,915 people Employment (total) - Direct: 18,728 people Employment (FTE) - Indirect: 6,625 people Employment (FTE) - Direct: 13,725 people Employment (total) - Indirect: 7,565 people Employment (total) - Direct: 17,952 people Employment (FTE) - Indirect: 6,221 people Employment (FTE) - Direct: 12,919 people Employment (total) - Indirect: 7,732 people Employment (total) - Direct: 18,343 people Employment (FTE) - Indirect: 6,511 people Employment (FTE) - Direct: 13,520 people Employment (total) - Indirect: 7,737 people Employment (total) - Direct: 18,344 people Employment (FTE) - Indirect: 6,541 people Employment (FTE) - Direct: 13,583 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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