Appendix G Economic Study - 14-16 Mary Street, Noosaville - Bounce Hostels 15.6.2018

presently an estimated 42 establishments providing 1,842 rooms and 6,218 bed
spaces. Occupancy for the March 2016 Quarter were on average 59.4% and 64.8%
respectively, coming off summer highs of 72.9% and 72.4% for January 2016
respectively.
These occupancy levels are at or above industry averages, suggesting that with
demand growth (or with a desire to grow demand) additional accommodation capacity
will be needed to ensure there is sufficient supply capacity to deal with fluctuating
levels of demand over time.

2.1.2 Businesses
There are an estimated 1,048 tourism businesses in the Noosa Shire (2016). The
majority (60%) are businesses that employ at least 1 to 4 persons. The remainder are
non-employers (ie., are self-employed businesses). See table below for details.

TABLE 3: TOURISM BUSINESS, NOOSA SHARE (2016)
    TOURISM BUSINESSES                                                                                     TOTAL

    Non-employing                                                                                               421

    1 to 4 employees                                                                                            352

    5 to 19 employees                                                                                           219

    20 or more employees                                                                                         61

    Total                                                                                                    1,048
Source: Tourism Research Australia


2.1.3 Employment
Tourism is a significant employer in Noosa. According to the Queensland Government
Statisticians Office, tourism-related industries 3 employ almost 6,000 persons. 4 It is
also important to recognise that Retail Trade and Accommodation & Food Services
contribute disproportionately to employment in Noosa when compared to
Queensland’s workforce profile. In Noosa, these two industries employ 29.5% of the
workforce, compared to 17.3% of the Queensland workforce. Indeed, the



3
    Retail and Accommodation and Food Services are the two most directly associated with tourism.
4
 Source: ABS Census of Population and Housing 2016; QGSO Queensland Regional Profiles: Workforce Profile:
Noosa (S) LGA



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