City of MonashEconomic profile
Skip to content

City of Monash

Tourism and hospitality value

In 2017/18 , the total tourism and hospitality sales in City of Monash was $1,455.8m, the total value added was $746.2m.

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 Monash2017/182012/13Change
MeasureCity of Monash% of total industryVictoria%City of Monash as a % of VictoriaCity of Monash% of total industryVictoria%City of Monash as a % of Victoria2013 to 2018
Employment (total)------------------
Direct4,8063.65.12.93,8143.24.62.9992
Indirect2,4731.82.23.51,9631.72.03.5510
Total7,2795.47.33.15,7774.96.53.11,502
Employment (FTE)------------------
Direct3,7873.34.63.02,9282.94.03.0859
Indirect2,3312.02.53.41,8021.82.23.4529
Total6,1185.37.23.14,7304.76.33.11,388
Output/Sales ($m)------------------
Direct742.02.23.52.7573.42.03.12.7168.5
Indirect713.92.22.73.4551.72.02.43.3162.2
Total1,455.84.46.23.01,125.14.05.43.0330.7
Value added ($m)------------------
Direct415.52.93.83.1318.42.63.53.197.1
Indirect330.72.32.83.4253.42.12.53.477.3
Total746.25.26.63.3571.84.76.03.2174.4

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), Victoria: 7.3% Employment (FTE), Victoria: 7.2% Output/Sales, Victoria: 6.2% Value added, Victoria: 6.6% Employment (total), City of Monash: 5.4% Employment (FTE), City of Monash: 5.3% Output/Sales, City of Monash: 4.4% Value added, City of Monash: 5.2%
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: $330.69 million Value added - Direct: $415.49 million Output/Sales - Indirect: $713.85 million Output/Sales - Direct: $741.96 million Value added - Indirect: $315.94 million Value added - Direct: $396.95 million Output/Sales - Indirect: $680.37 million Output/Sales - Direct: $707.16 million Value added - Indirect: $290.29 million Value added - Direct: $364.73 million Output/Sales - Indirect: $628.12 million Output/Sales - Direct: $652.86 million Value added - Indirect: $245.55 million Value added - Direct: $308.51 million Output/Sales - Indirect: $522.98 million Output/Sales - Direct: $543.57 million Value added - Indirect: $227.77 million Value added - Direct: $286.17 million Output/Sales - Indirect: $494.99 million Output/Sales - Direct: $514.48 million Value added - Indirect: $253.40 million Value added - Direct: $318.37 million Output/Sales - Indirect: $551.69 million Output/Sales - Direct: $573.42 million Value added - Indirect: $212.53 million Value added - Direct: $267.02 million Output/Sales - Indirect: $476.66 million Output/Sales - Direct: $495.44 million Value added - Indirect: $208.64 million Value added - Direct: $262.14 million Output/Sales - Indirect: $490.53 million Output/Sales - Direct: $509.85 million Value added - Indirect: $227.72 million Value added - Direct: $286.12 million Output/Sales - Indirect: $545.47 million Output/Sales - Direct: $566.95 million Value added - Indirect: $236.59 million Value added - Direct: $297.25 million Output/Sales - Indirect: $545.51 million Output/Sales - Direct: $567.00 million Value added - Indirect: $230.63 million Value added - Direct: $289.76 million Output/Sales - Indirect: $554.74 million Output/Sales - Direct: $576.59 million Value added - Indirect: $215.33 million Value added - Direct: $270.54 million Output/Sales - Indirect: $515.55 million Output/Sales - Direct: $535.86 million Value added - Indirect: $207.63 million Value added - Direct: $260.87 million Output/Sales - Indirect: $501.26 million Output/Sales - Direct: $520.99 million Value added - Indirect: $200.00 million Value added - Direct: $251.29 million Output/Sales - Indirect: $476.98 million Output/Sales - Direct: $495.77 million Value added - Indirect: $193.50 million Value added - Direct: $243.11 million Output/Sales - Indirect: $447.90 million Output/Sales - Direct: $465.53 million Value added - Indirect: $190.95 million Value added - Direct: $239.91 million Output/Sales - Indirect: $453.68 million Output/Sales - Direct: $471.55 million Value added - Indirect: $181.47 million Value added - Direct: $228.00 million Output/Sales - Indirect: $445.49 million Output/Sales - Direct: $463.04 million Value added - Indirect: $169.34 million Value added - Direct: $212.76 million Output/Sales - Indirect: $417.00 million Output/Sales - Direct: $433.42 million Value added - Indirect: $164.16 million Value added - Direct: $206.25 million Output/Sales - Indirect: $407.67 million Output/Sales - Direct: $423.73 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: 2,473 people Employment (total) - Direct: 4,806 people Employment (FTE) - Indirect: 2,331 people Employment (FTE) - Direct: 3,787 people Employment (total) - Indirect: 2,377 people Employment (total) - Direct: 4,619 people Employment (FTE) - Indirect: 2,277 people Employment (FTE) - Direct: 3,699 people Employment (total) - Indirect: 2,259 people Employment (total) - Direct: 4,390 people Employment (FTE) - Indirect: 2,133 people Employment (FTE) - Direct: 3,465 people Employment (total) - Indirect: 1,969 people Employment (total) - Direct: 3,826 people Employment (FTE) - Indirect: 1,829 people Employment (FTE) - Direct: 2,971 people Employment (total) - Indirect: 1,774 people Employment (total) - Direct: 3,448 people Employment (FTE) - Indirect: 1,654 people Employment (FTE) - Direct: 2,687 people Employment (total) - Indirect: 1,963 people Employment (total) - Direct: 3,814 people Employment (FTE) - Indirect: 1,802 people Employment (FTE) - Direct: 2,928 people Employment (total) - Indirect: 1,736 people Employment (total) - Direct: 3,374 people Employment (FTE) - Indirect: 1,635 people Employment (FTE) - Direct: 2,655 people Employment (total) - Indirect: 1,814 people Employment (total) - Direct: 3,526 people Employment (FTE) - Indirect: 1,728 people Employment (FTE) - Direct: 2,806 people Employment (total) - Indirect: 1,974 people Employment (total) - Direct: 3,837 people Employment (FTE) - Indirect: 1,838 people Employment (FTE) - Direct: 2,986 people Employment (total) - Indirect: 2,014 people Employment (total) - Direct: 3,915 people Employment (FTE) - Indirect: 1,798 people Employment (FTE) - Direct: 2,920 people Employment (total) - Indirect: 2,034 people Employment (total) - Direct: 3,953 people Employment (FTE) - Indirect: 1,824 people Employment (FTE) - Direct: 2,963 people Employment (total) - Indirect: 1,963 people Employment (total) - Direct: 3,815 people Employment (FTE) - Indirect: 1,724 people Employment (FTE) - Direct: 2,801 people Employment (total) - Indirect: 1,978 people Employment (total) - Direct: 3,845 people Employment (FTE) - Indirect: 1,815 people Employment (FTE) - Direct: 2,948 people Employment (total) - Indirect: 1,947 people Employment (total) - Direct: 3,784 people Employment (FTE) - Indirect: 1,822 people Employment (FTE) - Direct: 2,960 people Employment (total) - Indirect: 1,888 people Employment (total) - Direct: 3,670 people Employment (FTE) - Indirect: 1,769 people Employment (FTE) - Direct: 2,873 people Employment (total) - Indirect: 1,887 people Employment (total) - Direct: 3,668 people Employment (FTE) - Indirect: 1,778 people Employment (FTE) - Direct: 2,888 people Employment (total) - Indirect: 1,859 people Employment (total) - Direct: 3,613 people Employment (FTE) - Indirect: 1,775 people Employment (FTE) - Direct: 2,883 people Employment (total) - Indirect: 1,753 people Employment (total) - Direct: 3,407 people Employment (FTE) - Indirect: 1,715 people Employment (FTE) - Direct: 2,785 people Employment (total) - Indirect: 1,651 people Employment (total) - Direct: 3,208 people Employment (FTE) - Indirect: 1,671 people Employment (FTE) - Direct: 2,714 people
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
v19.09.08-1.0.0