Cradle Coast RegionEconomic profile
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Cradle Coast Region

Tourism and hospitality value

In 2017/18 , the total tourism and hospitality sales in Cradle Coast Region was $401.0m, the total value added was $212.0m.

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 Region2017/182012/13Change
MeasureCradle Coast Region% of total industryTasmania%Cradle Coast Region as a % of TasmaniaCradle Coast Region% of total industryTasmania%Cradle Coast Region as a % of Tasmania2013 to 2018
Employment (total)------------------
Direct2,2554.46.913.22,0874.26.114.6167
Indirect9651.93.212.28941.82.813.671
Total3,2206.310.012.92,9816.08.914.3239
Employment (FTE)------------------
Direct1,4793.66.012.61,5053.75.514.6-26
Indirect7201.83.410.67351.83.212.4-15
Total2,1995.49.411.92,2405.58.713.8-41
Output/Sales ($m)------------------
Direct246.42.44.711.0222.02.24.012.124.4
Indirect154.61.53.98.2138.51.43.39.116.1
Total401.03.98.69.7360.53.57.310.740.5
Value added ($m)------------------
Direct137.42.64.712.0131.22.54.313.16.3
Indirect74.61.43.68.471.01.43.39.33.6
Total212.04.18.310.4202.13.97.711.59.9

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 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 2017/18
Value of tourism and hospitality 2017/18 Employment (total), Tasmania: 10.0% Employment (FTE), Tasmania: 9.4% Output/Sales, Tasmania: 8.6% Value added, Tasmania: 8.3% Employment (total), Cradle Coast Region: 6.3% Employment (FTE), Cradle Coast Region: 5.4% Output/Sales, Cradle Coast Region: 3.9% Value added, Cradle Coast Region: 4.1%
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: $74.61 million Value added - Direct: $137.41 million Output/Sales - Indirect: $154.64 million Output/Sales - Direct: $246.38 million Value added - Indirect: $77.98 million Value added - Direct: $143.99 million Output/Sales - Indirect: $160.77 million Output/Sales - Direct: $257.33 million Value added - Indirect: $76.28 million Value added - Direct: $140.67 million Output/Sales - Indirect: $158.12 million Output/Sales - Direct: $252.43 million Value added - Indirect: $71.91 million Value added - Direct: $132.59 million Output/Sales - Indirect: $147.24 million Output/Sales - Direct: $235.20 million Value added - Indirect: $70.25 million Value added - Direct: $129.57 million Output/Sales - Indirect: $140.74 million Output/Sales - Direct: $224.57 million Value added - Indirect: $70.96 million Value added - Direct: $131.16 million Output/Sales - Indirect: $138.52 million Output/Sales - Direct: $222.03 million Value added - Indirect: $76.17 million Value added - Direct: $140.79 million Output/Sales - Indirect: $149.52 million Output/Sales - Direct: $239.56 million Value added - Indirect: $78.44 million Value added - Direct: $144.86 million Output/Sales - Indirect: $178.77 million Output/Sales - Direct: $285.79 million Value added - Indirect: $75.22 million Value added - Direct: $139.16 million Output/Sales - Indirect: $165.21 million Output/Sales - Direct: $264.75 million Value added - Indirect: $74.84 million Value added - Direct: $138.31 million Output/Sales - Indirect: $163.96 million Output/Sales - Direct: $262.38 million Value added - Indirect: $76.79 million Value added - Direct: $142.21 million Output/Sales - Indirect: $165.90 million Output/Sales - Direct: $266.02 million Value added - Indirect: $76.46 million Value added - Direct: $141.59 million Output/Sales - Indirect: $171.92 million Output/Sales - Direct: $276.10 million Value added - Indirect: $74.32 million Value added - Direct: $138.56 million Output/Sales - Indirect: $169.56 million Output/Sales - Direct: $275.65 million Value added - Indirect: $67.52 million Value added - Direct: $126.49 million Output/Sales - Indirect: $152.57 million Output/Sales - Direct: $250.38 million Value added - Indirect: $60.25 million Value added - Direct: $113.24 million Output/Sales - Indirect: $133.13 million Output/Sales - Direct: $219.42 million Value added - Indirect: $60.79 million Value added - Direct: $114.92 million Output/Sales - Indirect: $134.43 million Output/Sales - Direct: $223.30 million Value added - Indirect: $51.96 million Value added - Direct: $98.71 million Output/Sales - Indirect: $117.33 million Output/Sales - Direct: $196.17 million Value added - Indirect: $51.26 million Value added - Direct: $97.32 million Output/Sales - Indirect: $117.29 million Output/Sales - Direct: $195.75 million Value added - Indirect: $55.06 million Value added - Direct: $104.07 million Output/Sales - Indirect: $129.34 million Output/Sales - Direct: $214.29 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: 965 people Employment (total) - Direct: 2,255 people Employment (FTE) - Indirect: 720 people Employment (FTE) - Direct: 1,479 people Employment (total) - Indirect: 992 people Employment (total) - Direct: 2,320 people Employment (FTE) - Indirect: 805 people Employment (FTE) - Direct: 1,652 people Employment (total) - Indirect: 984 people Employment (total) - Direct: 2,299 people Employment (FTE) - Indirect: 798 people Employment (FTE) - Direct: 1,639 people Employment (total) - Indirect: 968 people Employment (total) - Direct: 2,262 people Employment (FTE) - Indirect: 789 people Employment (FTE) - Direct: 1,619 people Employment (total) - Indirect: 898 people Employment (total) - Direct: 2,100 people Employment (FTE) - Indirect: 729 people Employment (FTE) - Direct: 1,494 people Employment (total) - Indirect: 894 people Employment (total) - Direct: 2,087 people Employment (FTE) - Indirect: 735 people Employment (FTE) - Direct: 1,505 people Employment (total) - Indirect: 934 people Employment (total) - Direct: 2,181 people Employment (FTE) - Indirect: 806 people Employment (FTE) - Direct: 1,645 people Employment (total) - Indirect: 967 people Employment (total) - Direct: 2,263 people Employment (FTE) - Indirect: 805 people Employment (FTE) - Direct: 1,648 people Employment (total) - Indirect: 939 people Employment (total) - Direct: 2,199 people Employment (FTE) - Indirect: 754 people Employment (FTE) - Direct: 1,546 people Employment (total) - Indirect: 965 people Employment (total) - Direct: 2,258 people Employment (FTE) - Indirect: 801 people Employment (FTE) - Direct: 1,641 people Employment (total) - Indirect: 960 people Employment (total) - Direct: 2,252 people Employment (FTE) - Indirect: 820 people Employment (FTE) - Direct: 1,685 people Employment (total) - Indirect: 956 people Employment (total) - Direct: 2,242 people Employment (FTE) - Indirect: 805 people Employment (FTE) - Direct: 1,654 people Employment (total) - Indirect: 947 people Employment (total) - Direct: 2,222 people Employment (FTE) - Indirect: 798 people Employment (FTE) - Direct: 1,642 people Employment (total) - Indirect: 921 people Employment (total) - Direct: 2,165 people Employment (FTE) - Indirect: 790 people Employment (FTE) - Direct: 1,628 people Employment (total) - Indirect: 855 people Employment (total) - Direct: 2,018 people Employment (FTE) - Indirect: 746 people Employment (FTE) - Direct: 1,541 people Employment (total) - Indirect: 824 people Employment (total) - Direct: 1,953 people Employment (FTE) - Indirect: 702 people Employment (FTE) - Direct: 1,455 people Employment (total) - Indirect: 787 people Employment (total) - Direct: 1,870 people Employment (FTE) - Indirect: 656 people Employment (FTE) - Direct: 1,365 people Employment (total) - Indirect: 805 people Employment (total) - Direct: 1,913 people Employment (FTE) - Indirect: 687 people Employment (FTE) - Direct: 1,429 people Employment (total) - Indirect: 806 people Employment (total) - Direct: 1,914 people Employment (FTE) - Indirect: 706 people Employment (FTE) - Direct: 1,468 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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