The operators of one of Kangaroo Island's ferries say they are confident a rise in fares will not affect the island's tourism trade.
I assume all tourism operators in Australia and New Zealand will be praying that this is so, not least the long-haul airlines. It is quite sobering to watch the cost of highly discretionary leisure travel to Australasia face perils on all sorts of fronts, and meanwhile every tourism commission from national ones down to Biloela have "strategic plans" that factor in doubling and tripling of numbers over the next 5-15 years. Amazing, the infinite inelasticity of demand.
I would not want to be invested in the long-haul air industry right now.
But there is a positive side to this - for every European who decides that a holiday in Oz is too expensive, there is probably an Australian who decides to go to Kangaroo Island instead of Paris...
TV addicts might recall the hosts of the show 'Hook Line and Sinker' were appalled that it cost $550 to take a car and runabout to KI. At that spot the ferry trip was 13km from the peninsula south of Adelaide ie paddling distance. Perhaps the operators could absorb some extra fuel costs.
I assume all tourism operators in Australia and New Zealand will be praying that this is so, not least the long-haul airlines. It is quite sobering to watch the cost of highly discretionary leisure travel to Australasia face perils on all sorts of fronts, and meanwhile every tourism commission from national ones down to Biloela have "strategic plans" that factor in doubling and tripling of numbers over the next 5-15 years. Amazing, the infinite inelasticity of demand.
Yup.
I would not want to be invested in the long-haul air industry right now.
But there is a positive side to this - for every European who decides that a holiday in Oz is too expensive, there is probably an Australian who decides to go to Kangaroo Island instead of Paris...
TV addicts might recall the hosts of the show 'Hook Line and Sinker' were appalled that it cost $550 to take a car and runabout to KI. At that spot the ferry trip was 13km from the peninsula south of Adelaide ie paddling distance. Perhaps the operators could absorb some extra fuel costs.