2016 08 09 - S&O Agenda - Item 8, Att 2 - AEC Noosa Convention & Performing Arts Centre Pre-feasibility Review

PRE-FEASIBILITY OF CONVENTION AND PERFORMING ARTS CENTRES


      60% local and intrastate delegates (with 15% assumed to be local residents and 45% intrastate visitors). The
       expenditure of local residents has been excluded from the assessment, as it is assumed the expenditure of
       these local attendees would otherwise be spent on other activities within the local economy.

      34% interstate delegates.

      6% international delegates.

Table 7.2. Estimated Delegate Expenditure
    Expenditure Item                                        Intrastate     Interstate      International   Weighted
                                                                                                            Average
    Total Spend
    Accommodation                                               $5.11        $164.78             $161.21     $80.00
    Dining Out Restaurants                                     $31.42         $64.18              $40.76     $45.18
    Ground Transport                                           $49.81         $36.46              $21.61     $42.48
    Domestic Air Travel                                        $14.32        $142.74              $51.86     $68.34
    Tours                                                       $1.51         $18.35              $26.05      $9.98
    Recreational Activities                                     $0.75         $11.34              $11.15      $5.72
    Theatre/Concert/Cinemas                                     $2.37          $8.94               $7.74      $5.38
    Other food and Drink                                        $2.32         $13.08               $5.11      $6.82
    Shopping                                                   $10.74         $45.31              $47.96     $27.20
    Registration                                               $26.17         $39.91              $37.58     $32.47
    Other                                                       $8.74         $40.72              $28.97     $22.96
    Total Spend                                               $153.26        $585.81             $440.00    $346.52
    Adjusted Spend
    Accommodation                                               $5.11        $164.78             $161.21     $80.00
    Dining Out Restaurants (50% within Convention Centre)      $15.71         $32.09              $20.38     $22.59
    Ground Transport                                           $49.81         $36.46              $21.61     $42.48
    Domestic Air Travel (excluded from Noosa LGA Spend)         $0.00          $0.00               $0.00      $0.00
    Tours                                                       $1.51         $18.35              $26.05      $9.98
    Recreational Activities                                     $0.75         $11.34              $11.15      $5.72
    Theatre/Concert/Cinemas                                     $2.37          $8.94               $7.74      $5.38
    Other food and Drink (50% within Convention Centre)         $1.16          $6.54               $2.56      $3.41
    Shopping                                                   $10.74         $45.31              $47.96     $27.20
    Registration (100% within Convention Centre)                $0.00          $0.00               $0.00      $0.00
    Other                                                       $8.74         $40.72              $28.97     $22.96
    Revised Spend Noosa LGA                                    $95.90        $364.53             $327.63    $219.71
Source: EY (2015), AEC

In terms of organiser/non-delegate spend, EY (2015) suggests that such expenditure could average $192 per
delegate day. Incorporating adjustments for expenditure captured directly by the convention centre and spend
likely to occur outside of the Noosa LGA, organiser/non-delegate spend is expected to generate around an
additional $33 per delegate day (see the table below).

Table 7.3. Organiser/Non Delegate Spend
    Expenditure Item                                                             $/Delegate
                                                                                       Day
    Total Spend
    Venue                                                                               $40.00
    Food and beverage                                                                   $53.00
    Equipment                                                                           $26.70
    Administration                                                                      $24.10
    Marketing, promotion and design                                                     $14.50
    Key note and other sponsored speakers                                               $20.30
    Security                                                                             $1.60
    Other                                                                               $11.80
    Total Spend                                                                    $192.10




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