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Search resuls for: "Stella Qiu Byron Kaye"


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☆ Great shortfall of China: Australia's biggest tourism market returns with a whimper
  + stars: | 2023-04-16 | by ( Stella Qiu Byron Kaye | Stella Qiu | Byron Kaye | ) www.reuters.com   time to read: +5 min
In February, the first full month since China's border reopened, Australia recorded 40,430 short-term visitors from China, government data showed. Government marketing body Tourism Australia declined to comment. Trade promotion office Austrade said Tourism Australia's managing director visited China in March to meet strategic partners such as airlines and the body would "continue to work closely with its key distribution partners in the market to realise tourism opportunities between Australia and China". China was Australia's biggest source of foreign students until 2019, but students of other nationalities have filled its foreign student ranks since Australia reopened its border in 2021. "When Chinese tourists return en masse, I'm worried that the supply will not catch up with demand," he said.
☆ China's abrupt reopening sparks student accommodation crisis in Australia
  + stars: | 2023-02-28 | by ( Stella Qiu Byron Kaye | Stella Qiu | Byron Kaye | ) www.reuters.com   time to read: +5 min
[1/3] Students walk past stalls during the orientation week at The University of Sydney, in Camperdown, Australia February 15, 2023. 'BIG RUSH'The shortage has meanwhile jumpstarted one of the few subsets of Australian residential property, the student accommodation sector, that languished during COVID. Before 2020, Chinese students accounted for about 40% of the A$40 billion ($27 billion) Australia made educating foreigners annually. But China's reopening has raised the issue about the availability of beds in a "welcome sign" for investors, said Brad Williams, managing director of AMP Capital's diversified infrastructure trust, Australia's third-largest owner of purpose-built student accommodation. Tomas Johnsson, CEO of UniLodge Australia, the country's biggest operator of purpose-built student accommodation, said some developers were even paying more to speed up construction.
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