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Chanticleer

Big investors swoop on hot tourism sector

Australia's $50 billion tourism sector is in the middle of a generational change, as entrepreneurs exit and big investors pile in.

It’s a riddle that Lucas Couper can’t solve.

Australia’s tourism sector is worth $50 billion a year. And yet it only provides a handful of ASX-listed companies, and only one – Ardent Leisure – that has a market capitalisation above $500 million.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p52r5r