Tourism Data shows strength again

James Nicolaou

Baillieu Holst Ltd

Australian inbound tourism data for July 2016 has just been released, and shows some positive trends, including: Total inbound for July 2016 at 716k (+14.1% pcp); 12 Months to July 2016 at 7.94m (+10.6% pcp v 10.0% at end June 2016); Leisure 12 months to July 2016 at 6.0m (+14.8% pcp v 13.7% at end June 2016); Chinese inbound 12 months to July 2016 at 1.2m (+23% pcp); Japanese inbound 12 months to July 2016 at 382k (+17% pcp); US inbound 12 months to July 2016 at 671k (+16% pcp). The only negative in the data is that business inbound was soft (-1.2% YTD) although business makes up only 8% of arrivals. The best Exposures to play this tourism thematic are, in order of preference are: 1) Mantra Group (MTR) - BUY $4.95 P.T; 2) Village Roadshow (VRL) - BUY $5.80 P.T; 3) Ardent Leisure Group (AAD)- BUY $3.30 P.T.

2 stocks mentioned

James Nicolaou
James Nicolaou
Institutional Research Sales & Trading
Baillieu Holst Ltd

James' personality exhibits a strong passion for the share market, born out of his hard working and loyal nature which compliments his outstanding commitment to client service and an unmatched level of enthusiasm. James has been working @ Baillieu...


No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Please sign in to comment on this wire.