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City of Monash

Tourism and hospitality value

In 2018/19 , the total tourism and hospitality sales in City of Monash was $1,624.2m, the total value added was $853.1m.

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
City of Monash2018/192013/14Change
MeasureCity of Monash% of total industryVictoria%City of Monash as a % of VictoriaCity of Monash% of total industryVictoria%City of Monash as a % of Victoria2014 to 2019
Employment (total)------------------
Direct5,5553.85.13.33,4993.04.72.62,056
Indirect2,8582.02.24.01,8001.52.03.11,058
Total8,4135.87.33.55,3004.56.62.83,114
Employment (FTE)------------------
Direct4,1823.44.53.32,7212.74.12.81,461
Indirect2,5752.12.43.81,6751.72.23.1899
Total6,7565.56.93.54,3974.36.32.92,360
Output/Sales ($m)------------------
Direct827.82.33.62.8502.41.83.02.3325.4
Indirect796.42.22.73.5483.41.72.32.9313.0
Total1,624.24.66.33.1985.83.55.42.6638.4
Value added ($m)------------------
Direct475.03.03.83.4284.42.23.32.7190.6
Indirect378.12.42.73.7226.41.82.43.0151.7
Total853.15.46.53.5510.84.05.72.8342.3

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), Victoria: 7.3% Employment (FTE), Victoria: 6.9% Output/Sales, Victoria: 6.3% Value added, Victoria: 6.5% Employment (total), City of Monash: 5.8% Employment (FTE), City of Monash: 5.5% Output/Sales, City of Monash: 4.6% Value added, City of Monash: 5.4%
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: $378.10 million Value added - Direct: $475.05 million Output/Sales - Indirect: $796.39 million Output/Sales - Direct: $827.76 million Value added - Indirect: $313.10 million Value added - Direct: $393.39 million Output/Sales - Indirect: $675.77 million Output/Sales - Direct: $702.39 million Value added - Indirect: $309.21 million Value added - Direct: $388.50 million Output/Sales - Indirect: $664.26 million Output/Sales - Direct: $690.41 million Value added - Indirect: $290.25 million Value added - Direct: $364.68 million Output/Sales - Indirect: $622.07 million Output/Sales - Direct: $646.56 million Value added - Indirect: $255.33 million Value added - Direct: $320.80 million Output/Sales - Indirect: $535.31 million Output/Sales - Direct: $556.39 million Value added - Indirect: $226.38 million Value added - Direct: $284.42 million Output/Sales - Indirect: $483.36 million Output/Sales - Direct: $502.40 million Value added - Indirect: $237.84 million Value added - Direct: $298.82 million Output/Sales - Indirect: $502.34 million Output/Sales - Direct: $522.12 million Value added - Indirect: $204.67 million Value added - Direct: $257.16 million Output/Sales - Indirect: $447.32 million Output/Sales - Direct: $464.93 million Value added - Indirect: $208.27 million Value added - Direct: $261.68 million Output/Sales - Indirect: $477.35 million Output/Sales - Direct: $496.15 million Value added - Indirect: $230.56 million Value added - Direct: $289.68 million Output/Sales - Indirect: $537.10 million Output/Sales - Direct: $558.26 million Value added - Indirect: $241.21 million Value added - Direct: $303.06 million Output/Sales - Indirect: $532.33 million Output/Sales - Direct: $553.29 million Value added - Indirect: $232.83 million Value added - Direct: $292.54 million Output/Sales - Indirect: $543.09 million Output/Sales - Direct: $564.47 million Value added - Indirect: $214.58 million Value added - Direct: $269.60 million Output/Sales - Indirect: $496.78 million Output/Sales - Direct: $516.34 million Value added - Indirect: $212.24 million Value added - Direct: $266.67 million Output/Sales - Indirect: $493.93 million Output/Sales - Direct: $513.38 million Value added - Indirect: $202.86 million Value added - Direct: $254.87 million Output/Sales - Indirect: $467.18 million Output/Sales - Direct: $485.58 million Value added - Indirect: $195.04 million Value added - Direct: $245.05 million Output/Sales - Indirect: $436.25 million Output/Sales - Direct: $453.42 million Value added - Indirect: $190.37 million Value added - Direct: $239.19 million Output/Sales - Indirect: $437.29 million Output/Sales - Direct: $454.51 million Value added - Indirect: $184.37 million Value added - Direct: $231.64 million Output/Sales - Indirect: $435.98 million Output/Sales - Direct: $453.15 million Value added - Indirect: $169.33 million Value added - Direct: $212.75 million Output/Sales - Indirect: $402.70 million Output/Sales - Direct: $418.56 million Value added - Indirect: $167.37 million Value added - Direct: $210.29 million Output/Sales - Indirect: $402.81 million Output/Sales - Direct: $418.67 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: 2,858 people Employment (total) - Direct: 5,555 people Employment (FTE) - Indirect: 2,575 people Employment (FTE) - Direct: 4,182 people Employment (total) - Indirect: 2,365 people Employment (total) - Direct: 4,595 people Employment (FTE) - Indirect: 2,224 people Employment (FTE) - Direct: 3,613 people Employment (total) - Indirect: 2,400 people Employment (total) - Direct: 4,665 people Employment (FTE) - Indirect: 2,275 people Employment (FTE) - Direct: 3,695 people Employment (total) - Indirect: 2,303 people Employment (total) - Direct: 4,476 people Employment (FTE) - Indirect: 2,163 people Employment (FTE) - Direct: 3,514 people Employment (total) - Indirect: 2,102 people Employment (total) - Direct: 4,085 people Employment (FTE) - Indirect: 1,955 people Employment (FTE) - Direct: 3,175 people Employment (total) - Indirect: 1,800 people Employment (total) - Direct: 3,499 people Employment (FTE) - Indirect: 1,675 people Employment (FTE) - Direct: 2,721 people Employment (total) - Indirect: 1,855 people Employment (total) - Direct: 3,604 people Employment (FTE) - Indirect: 1,707 people Employment (FTE) - Direct: 2,773 people Employment (total) - Indirect: 1,708 people Employment (total) - Direct: 3,319 people Employment (FTE) - Indirect: 1,595 people Employment (FTE) - Direct: 2,592 people Employment (total) - Indirect: 1,841 people Employment (total) - Direct: 3,578 people Employment (FTE) - Indirect: 1,750 people Employment (FTE) - Direct: 2,842 people Employment (total) - Indirect: 2,055 people Employment (total) - Direct: 3,993 people Employment (FTE) - Indirect: 1,918 people Employment (FTE) - Direct: 3,115 people Employment (total) - Indirect: 2,078 people Employment (total) - Direct: 4,038 people Employment (FTE) - Indirect: 1,861 people Employment (FTE) - Direct: 3,024 people Employment (total) - Indirect: 2,099 people Employment (total) - Direct: 4,079 people Employment (FTE) - Indirect: 1,879 people Employment (FTE) - Direct: 3,051 people Employment (total) - Indirect: 1,987 people Employment (total) - Direct: 3,862 people Employment (FTE) - Indirect: 1,749 people Employment (FTE) - Direct: 2,841 people Employment (total) - Indirect: 2,019 people Employment (total) - Direct: 3,924 people Employment (FTE) - Indirect: 1,843 people Employment (FTE) - Direct: 2,993 people Employment (total) - Indirect: 1,980 people Employment (total) - Direct: 3,847 people Employment (FTE) - Indirect: 1,853 people Employment (FTE) - Direct: 3,011 people Employment (total) - Indirect: 1,911 people Employment (total) - Direct: 3,714 people Employment (FTE) - Indirect: 1,792 people Employment (FTE) - Direct: 2,911 people Employment (total) - Indirect: 1,904 people Employment (total) - Direct: 3,701 people Employment (FTE) - Indirect: 1,791 people Employment (FTE) - Direct: 2,909 people Employment (total) - Indirect: 1,891 people Employment (total) - Direct: 3,674 people Employment (FTE) - Indirect: 1,808 people Employment (FTE) - Direct: 2,937 people Employment (total) - Indirect: 1,774 people Employment (total) - Direct: 3,448 people Employment (FTE) - Indirect: 1,724 people Employment (FTE) - Direct: 2,800 people Employment (total) - Indirect: 1,675 people Employment (total) - Direct: 3,256 people Employment (FTE) - Indirect: 1,680 people Employment (FTE) - Direct: 2,728 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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