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Hotel and tourism contributes significantly to the growth and development of the Australian economy.TURNOVER RATES IN FRESH CATERING The Australian tourism industry contributed about 10.9% ($136.2 billion) to the country’s GDP in 2016 and it was forecasted to increase by 3.3% in 2017. The industry accounts for more than 12.5% of the total employment in 2016 but it was projected to fall by 1.7% in 2017. This shows that the industry is very important in the economic growth and development of the country.
National Restaurant Association. (2017) ‘Hospitality employee turnover rate edged higher in 2016.’ National Restaurant Association, 1-2
World Travel and Tourism Council. (2017) ‘Travel and tourism: Economic impact in 2017 Australia.’ World Travel and Tourism Council, 3-20