2015-11-10 Planning & Organisation Committee Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                10 NOVEMBER 2015


 Noosa River Holiday Park          2015/16          2015/16          2015/16        %         YTD
                                   Current          YTD              YTD            Current   Variance
                                   Budget           Budget           Actuals        Budget
 Total Revenue                          1,976,600       508,900          521,976      26.4%       13,076
 Total Expenditure                      1,391,427       372,573          360,004      25.9%       12,569
 Operating Surplus / (Deficit)            585,173       136,327          129,128                  25,646

Key Comments
 Overall year to date operating position favourable.
 It is expected that full year budget position will be achieved.


 North Shore Campground            2015/16          2015/16          2015/16        %         YTD
                                   Current          YTD              YTD            Current   Variance
                                   Budget           Budget           Actuals        Budget
 Total Revenue                           537,604        139,890          135,833      25.3%       (4,057)
 Total Expenditure                       404,987        129,849          142,021      35.1%      (12,172)
 Operating Surplus / (Deficit)           132,617         10,041           (6,188)                (16,229)

Key Comments
 Year to date expenses ahead of budget. This relates primarily to timing of management
   commissions paid and reactive maintenance.
 Year to date revenue slightly behind budget. This relates to the capacity of the site being
   recently reduced so that operations are undertaken within the property boundaries. The site
   will be subject to further configuration changes and review and the impact on ongoing
   profitability (if any) will be assessed and reported.


 Total Business Activity           2015/16          2015/16          2015/16        %         YTD
                                   Current          YTD              YTD            Current   Variance
                                   Budget           Budget           Actuals        Budget
 Total Revenue                        2,894,204          752,540          759,744     26.3%        7,204
 Total Expenditure                    2,117,946          580,147          574,329     27.1%        5,818
 Operating Surplus / (Deficit)          776,258          172,393          185,415                 13,022



Occupancy Performance

The below table summarises occupancy data for the period 1 July 2015 to 30 September 2015.
The table highlights a 91.48% occupancy rate for Noosa River Holiday Park (with Powered
caravan sites at 99.91% occupancy) which reflects the geographical position of the park and its
popularity with the caravan market and generations of return users. The Noosa North Shore and
Boreen Point Campgrounds’ lower occupancy rates reflects that these facilities are more directed
towards the camping market and offer a more remote and different experience.

Business Activity          Occupants     Average Stay            % Site
                                               (Days)         Occupied
Boreen Point                     4661            2.54           37.12%
Noosa River                      5218            3.11           91.48%
North Shore                      3807            3.24           42.04%




                                                                                      Page 167 of 201