News Archive for July 2012

July 2012

Brisbane Airport has another record year

Brisbane Airport has another record year

More than 21 million international and domestic passengers passed through Brisbane Airport in the last 12 months. Bosses have revealed that the airport enjoyed another record-breaking year in terms of visitor numbers between July 2011 and June 2012. This represented year-on-year growth of 4.6 per cent – the equivalent of 910,000 extra people. A lot of Australians have been encouraged to head abroad because of the strength of the dollar, which has ensured they have been benefiting from the best exchange rates seen for a long time. The currency gained even more ground on the US dollar last week and also reached record levels against the euro, so there is every chance that Brisbane Airport will see its passenger traffic grow further still in the coming weeks. "You can never accurately predict what the future will bring and this year was no exception with both global and local events impacting travel trends," commented Brisbane Airport Corporation chief executive officer and managing director Julieanne Alroe.

Read More
Australian accommodation prices set to rise

Australian accommodation prices set to rise

The new carbon tax framework that is being implemented across Australia could have a major impact on the nation's tourism sector. Government officials have introduced the levy to deter firms from producing harmful CO2 emissions, but it has been met with controversy. The cost of living is already sky-high in Australia and people are concerned that energy companies will bump up their prices to offset the losses brought about by the carbon tax. According to the Accommodation Association of Australia, the average cost of a hotel room down under will grow by three per cent as a result of the hike, which may put off a lot of holidaymakers and business travellers. "We are concerned that paying even more taxes will be a disincentive to travel and holiday within Australia, which is counterproductive to stimulating our local economy and encouraging the support of our domestic accommodation and tourism industry," commented the organisation's chief executive Richard Munro. With the Aussie dollar still being relatively strong, it would not be surprising to see more people shunning costly hotels in their homeland in favour of a trip abroad. Although the value of the currency has dipped by around eight per cent against the British pound and US dollar since February, Aussies can still get some of the best exchange rates seen for years in certain countries. It really is a case of doing your homework and finding out where your overseas travel money will stretch the furthest. With so many cheap flights available to Asian destinations, visiting places like Thailand or Vietnam could be very cost-effective. Of course, Bali has been a long-term favourite among Australians too. Alternatively, you may find plenty of value in Europe at the moment. Getting there isn't cheap, but if you stay for a prolonged period it will prove to be an affordable option. The eurozone crisis has meant the euro currency is very weak against the dollar at the moment and with living costs in eastern and southern Europe being so low, you can certainly splash the cash during your trip.

Read More