Planning Report IDAS Forms Cover letter, Owner's consent, Appendices 2- PLM minutes & 3 - Economic Needs - Email 1 of 4 MCU16/0153 & REC16/0041

               FIGURE 4.5: Visitor Nights by Purpose of Visit 2005-2025 – Queensland
           90,000
           80,000
           70,000
           60,000
           50,000
           40,000
           30,000
           20,000
           10,000
               -




                     Holiday        Visiting Friends and Relatives     Business     Other

               Source: Tourism Research Australia

Adopting the growth projections in visitor nights for the Sunshine Coast TR of 2% per annum
between 2016 and 2025, and assuming that one third of this growth is directed to facilities within
the Noosa Shire, TABLE 4.3 estimates the growth in demand for short-term accommodation on
the Sunshine Coast and Noosa Shire over this period and approximate occupancy rates, assuming
no other significant supply additions.

       TABLE 4.3: Short Term Accommodation Demand 2015-2025
                               Sunshine Coast TR                              Noosa Shire
                         Room Nights     Est. Occupancy              Room Nights     Est. Occupancy
                                               Rate                                        Rate
    2015-16               1,228,590            55%                     409,120             57%
    2016-17               1,253,162            56%                     417,303             58%
    2017-18               1,278,225            57%                     425,649             59%
    2018-19               1,303,790            58%                     434,162             60%
    2019-20               1,329,865            60%                     442,845             61%
    2020-21               1,356,463            61%                     451,702             63%
    2021-22               1,383,592            62%                     460,736             64%
    2022-23               1,411,264            63%                     469,951             65%
    2023-24               1,439,489            64%                     479,350             66%
    2024-25               1,468,279            66%                     488,937             68%




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