Tourism Losses and Insurance Recovery

Introduction

Tourism is a $41Bn industry in Australia. It creates jobs for half a million Australians. It is our leading services export contributing $24Bn, or just over 10% of Australia’s total export earnings. Due to Australia’s geography and our proximity to coastlines, it is inevitable that in the course of any natural disaster, that those struck and hit hardest are tourism centres and communities.

Those participants in the tourism industry that derive their commercial returns from tourists, face the unique situation where a natural disaster can have a double negative impact. Firstly, not only does a disaster directly cause damage to resorts or tourist facilities, they have to face circum negative impact, namely a downturn in tourist visitors to the area associated with the disaster and the stigma associated with it.

In these circumstances therefore, the significance of proper insurance and coverage cannot be underestimated.

Who We Can Help

We may be able to help people in the following categories, who have been affected by natural disasters:-

• Managers of resorts;
• Accommodation towers;
• Body corporates constituted under Group Titles legislation;
• Attractions;
• Theme parks;
• Outdoor activity businesses - example scuba diving, white water rafting, adventures, deep sea fishing, rock climbing, motels, hotels, clubs, pubs, restaurants.

Want Answers Fast?

Please call our Insurance Recovery team at Shine Lawyers on 13 11 99 today.