ABS data for the 12 months to end September 2015 shows total inbound visitations of 7.23m (+7% pcp). Passenger arrivals from overseas have risen and departures from Australia have fallen, continuing a two-year improving trend in travel flows dominated by China. The number of short-term travellers arriving in Australian September rose by 15,200 to 637,100 in seasonally adjusted terms, while departures fell 7,300 to 775,300 (source: ABS). The gap between arrivals and departures was 138,200, down from 181,100 a year ago and 206,400 in September 2013. The impact of a lower AUD on domestic travellers heading offshore and the continued trend in inbound visitations is good news for companies exposed to the domestic tourism industry. The Sealink Travel Group Limited (ASX:SLK) is a diversified tourism and transport company in Australia and is one way to gain exposure to the domestic tourism thematic. Baillieu Holst has recently initiated coverage on Sealink. Access the report here: (VIEW LINK)