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07/1259 - Peregian Beach needs assessment [As Published] · 132007.1259
Page 35 Tourist expenditure patterns are based on the latest data available from the Tourism Australia publication ‘Travel Expenditure by Domestic and International Visitors in Australia's Regions, year ended 31 December 2005’. Al resident expenditure patterns are based on the Queensland average household expenditure in the 2003/04 Australian Bureau of Statistics (ABS) Household Expenditure Survey. Table 5.2 provides a breakdown of convenience and food and beverage retail expenditure for tourists staying in the on-site short stay accommodation, tourists staying in tourist accommodation within a 400 metre radius of the subject site and residents within the Al. Table 5.2 Tourist and Resident Expenditure Current On-site poputation 182,120 Average Annual Expenditure $5,062,947 Tourist population within 400 metres 3,901 Average Annual Expenditure $216,901 Area of Influence Population (Households) 1,705 Convenience Expenditure $10,177 Convenience Expenditure Potential $17,355,233 Food and Beverage Retail Expenditure $2,498 Food and Bev Expenditure Potential $4,259,551 Total (per annum) $26,894,632 ‘Source: Tourism Research Australia, ABS, Core Economics Current Dollars - March 2007 oe SS wo “ nomics o-=3 Scanlon Property Group — Peregian Beach Needs Assessment ‘
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