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Dollar dropping results in tourism rise

The sliding Aus dollar – it hit a four-year low against the US dollar earlier this week – isn’t too handy for travellers heading abroad, but it presents a golden opportunity for the tourism industry at home.

The sliding Aus dollar – it hit a four-year low against the US dollar earlier this week – isn’t too handy for travellers heading abroad, but it presents a golden opportunity for the tourism industry at home.

The message being sent out by the country’s internal tourism industry should be: “Don’t travel overseas to see family or friends, invite them to come Down Under instead,” say some experts. Australian travellers heading overseas have for years been reaping the rewards of a high flying dollar – fed to a large extent by Asia’s thirst for the minerals that come from Australia’s rich extraction industry. At least for now, trips to popular destinations such as Singapore, Canada, Switzerland, Europe, Britain, South Africa, Malaysia, China, Japan and Thailand should be put on the back burner. They have all seen their currency strengthened against the Australian dollar. The new scenario, should it last, will provide local tourism with the double bonus of attracting incoming traffic anxious to take advantage of the extra Australian dollars their pounds, euros, rand, yen, yuan and US dollars will now buy and persuading locals towards spending their money on ‘staycations’.

Flamin' Galah Sydney Tours and Airport Transfers have a very positive outlook on the coming summer season, with huge opportunities for growth thanks to an already very prosperous winter and now a falling dollar.  Tours to the Blue Mountains and the Hunter Valley as well as tours to Palm Beach, Summer Bay to see where they film Home and Away are all tours that are likely to see increased numbers thanks to the dollar falling.  Lastly, Sydney tours that are customised and private and aimed at cruise ship passengers and many tourists from around the World are all likely to benefit.  

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