A strategic market for tourism investment with a well-established reputation as a global tourism destination. The capital city of Darwin has excellent access to significant Australian and international tourism and business travel markets, all within four hours flying time from Darwin.
A destination with spectacular natural landscapes, rich Aboriginal culture and an abundance of history, attracting increasing numbers of visitors from around the world. The Territory Government is focused on developing new experiences in parks and reserves to highlight their unique appeal for all travellers.
Located closer than any other Australian capital city to the fast-growing outbound travel markets of Asia, the Territory is a compelling prospect for investors looking to expand their portfolio, offering investors the opportunity to be part of a location with a travel market that is increasingly diversified; from corporate travel and business events visitation, to the traditional leisure market.
In 2019, just over 2 million visitors travelled to the region for one or more nights.
Prior to the global pandemic, total visitor numbers had experienced year-on-year growth that outperformed all other states and the national average, due to double digit growth from the domestic market.
Darwin International Airport operates 24 hours a day, seven days a week, and is the prime gateway to Asia and beyond to Europe and North America via Singapore.
Investment opportunities across the Territory are supported by tourism demand and growing corporate interest. Opportunities include:
- key locations with open space and land available for green field developments, particularly in Darwin’s CBD and Top End coastal areas
- commercial assets for redeveloping to high quality tourism accommodation facilities
- unique locations to build and expand on experiential, nature-based accommodation, immersive tourism attractions and experiences, adventure tourism, wildlife tourism and wellness retreats
- opportunities to invest in existing short-term accommodation, luxury lodges, camping facilities and resorts
- public private partnership in transport infrastructure projects including airports, cruise infrastructure and roads.
The Northern Territory Tourism Industry Strategy 2030 sets out the strategic direction for industry development over the next decade