2022-08-09 Services & Organisation Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                  9 AUGUST 2022


6     NOOSA HOLIDAY PARKS UPDATE REPORT TO 30 JUNE 2022

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

Index               ECM/ 8.16 Camping and Caravan Facilities (General)

Attachments         Nil.

EXECUTIVE SUMMARY
This report provides an update on the Noosa Holiday Park Business Activity for the period from
1 January 2022 to 30 June 2022, including financial and commercial performance, operational
activities and achievements.

RECOMMENDATION
That Council note the report by the Property Advisor – Commercial Property to the Services &
Organisation Committee Meeting dated 9 August 2022 providing an update on operations of the
Noosa Holiday Park Business Activity to 30 June 2022.

REPORT
1.    Financial Performance
                             2021/22        2021/22
TOTAL BUSINESS                                              2021/22     % Current
                             Original       Current                                     Variance
ACTIVITY                                                    Actuals      Budget
                             Budget         Budget
Total Revenue               $2,951,620    $3,191,338       $3,780,133    118.45%        $ 588,795
Total Expenditure           $2,228,036    $2,467,754       $3,034,692    122.97%        $(566,938)
Operating
                            $ 723,584     $ 723,584         $745,441                    $ 21,857
Surplus/(Deficit)
Key Comments Total Business Activity
Financial year performance for the Noosa Holiday Parks business activity is positive, delivering
strong revenue and an operating surplus. The financial performance results reflect Council’s
commitment to business improvement and innovation in order to improve revenue outcomes,
visitation levels, operational cost efficiency and visitor enjoyment.
The financial performance of the Noosa Holiday Parks business activity was impacted by poor
weather conditions in the latter part of the financial year and the significant flood event in
February 2022 resulting in temporary closure of Boreen Point Campground and Noosa North
Shore Campground.
The camping and caravanning industry has continued to stabilise in financial year 2021/22, with
consistently high consumer uptake reflecting the important role of recreation camping and
caravanning tourism and accommodation sector.
Further commentary on each Noosa Holiday Park is provided below.
*Figures are subject to end of financial year accruals and depreciation calculations.
Boreen Point Campground
                             2021/22        2021/22
 Boreen Point                                               2021/22     % Current
                             Original       Current                                     Variance
 Campground                                                 Actuals      Budget
                             Budget         Budget
 Total Revenue             $468,542      $495,260      $599,696         121.09%       $ 104,437
 Total Expenditure         $449,277      $465,937      $649,193         139.33%       $(183,256)
 Operating
                           $ 19,265      $ 29,323      $    49,497                    $ (78,820)
 Surplus/(Deficit)*

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