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2021-12-13 GC Agenda - Item 9 - Attachment 2-Noosa Economic Plan Review Update Report 2021

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                                            NOOSA LEP REVIEW - ECONOMIC ANALYSIS REPORT - Draft Report


Figure 5.8: Hotel Market Indicators, Noosa
  90%                                                                                               $360

  80%                                                                                               $320

  70%                                                                                               $280

  60%                                                                                               $240

  50%                                                                                               $200

  40%                                                                                               $160

  30%                                                                                               $120

  20%                                                                                               $80

  10%                                                                                               $40

   0%                                                                                               $0
              2016             2017              2018     2019              2020             2021
                              Occupancy Rate (%)          ADR ($)               RevPAR ($)
Note: Year ending April data. RNS – Room Nights Sold, ADR – Average Daily Rate, RevPAR – Revenue per Available Room.
Source: STR Global (2021)
Figure 5.9. Top 15 Visitor Activities, Noosa

  Eat out / dine at a restaurant and/or cafe
                            Go to the beach
                     Visit friends & relatives
                Sightseeing/looking around
                  Go shopping for pleasure
           Visit national parks / state parks
            Bushwalking / rainforest walks
                      Pubs, clubs, discos etc
                              Go to markets
                                      Surfing
                   Water activities / sports
     Visit botanical or other public gardens
                Exercise, gym or swimming
               Charter boat / cruise / ferry
                             Picnics or BBQs

                                                 0%     20%               40%             60%        80%
                                                                    % of Total Visitors
Note: 10-year average to 2020.
Source: TRA (2021).




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