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Analysis: This is what the surprising potential of the tourism industry looks like

It doesn’t take an analyst to spot the effect of Covid on tourist-related businesses across Australia. Heavy restrictions on inbound travel have constrained many tourism operators, and with lockdowns still part of the Australian business scene, we’ve all been more homebound than we expected. Revenue has inevitably dropped. However, analysts can provide more detail on the impact, and project what happens next.  In its report published in March 2021, analysis firm IBISWorld anticipated in