2021-08-10 Services & Organisation Committee Meeting Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                10 AUGUST 2021


6    REPORTS FOR NOTING BY THE COMMITTEE


3    NOOSA HOLIDAY PARKS UPDATE REPORT TO 30 JUNE 2021

Author               Property Advisor – Commercial Property, Robyn Mercer
                     Corporate Services Department

Index                ECM/ 8.16 Camping and Caravan Facilities (General)

Attachments          Nil.


EXECUTIVE SUMMARY
Not applicable.

RECOMMENDATION
That Council note the report by the Property Advisor – Commercial Property to the Services &
Organisation Committee Meeting dated 10 August 2021 providing an update on operations of the
Noosa Holiday Park Business Activity for the financial year ending 30 June 2021.


REPORT
1. Financial Performance

                              2020/21       2020/21       2020/21
TOTAL BUSINESS                                                         % Current        YTD
                             Original       Current         YTD
ACTIVITY                                                                Budget        Variance
                              Budget        Budget        Actuals
Total Revenue                $1,661,648    $3,186,188    $3,833,694     120.32%       $647,506
Total Expenditure            $1,530,920    $2,116,252    $2,337,194     110.44%      $(220,942)
Operating
                               $130,728    $1,069,936    $1,496,500                   $426,564
Surplus/(Deficit)

Key Comments Total Business Activity
Financial performance for the Noosa Holiday Parks business activity is positive due to conservative
2020/21 budget assumptions which recognised the risk of Covid-19 extended closure impacts.
Financial year performance was also positively impacted due to a surge in interest in the camping
and caravanning industry across Australia, as people responded to the Covid-19 travel and tourism
restrictions (border closures and lockdowns) and embarked on more domestic travel.
Noosa River Holiday Park remains extremely popular while both Boreen Point Campground and
Noosa North Shore Beach Campground have shown strong growth due to available capacity and
positioning as a unique nature-based accommodation experience during the pandemic. Further
commentary on each site is included below.

Boreen Point Campground
                            2020/21       2020/21       2020/21
 Boreen Point                                                         % Current     YTD
                            Original      Current       YTD
 Campground                                                           Budget        Variance
                            Budget        Budget        Actuals
 Total Revenue              $229,556      $575,182      $672,285      116.88%       $97,103
 Total Expenditure          $268,573      $488,904      $561,395      114.83%       $(72,491)
 Operating
                            $(39,017)     $86,278       $110,890                    $24,612
 Surplus/(Deficit)


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