Australia-New Zealand Travel Market Data Sheet 2023-2027

Summary

The Australia/New Zealand travel market grew 21% to $35.6 billion in 2023, fueled by strong domestic demand and rising prices driven by inflation. Future growth is expected to moderate, as economic pressures and limited international flight capacity impact recovery. Online sales remain strong but are growing slowly, with supplier-direct channels gaining at the expense of OTAs. Despite economic challenges, travel remains a priority, with domestic travel thriving and international arrivals gradually improving.

This data sheet provides quick and easy access to updated Australia-New Zealand travel market sizing data and projections from 2021-2027, including online and total markets, segments and major distribution channels. Much of the data included here, along with expanded analysis, is also featured in Phocuswright’s Australia-New Zealand Travel Market Report 2023-2027.