Noosa Holiday Parks Update Report To 31 December 2025

Karen Finzel16:09

Yeah, so no concerns around capacity for staff to deliver? No. Good news. Alright, take it to the vote. Jess? Yes. That's unanimous. Thank you. That takes us to agenda item number eight, reports for noting by the committee. Taking us to item 8.1, Noosa Holiday Parks update report to 31st of December I invite to the table Robyn Mercer and Kim Rawlings. Thank you, you're coming up.

Good afternoon all. Good afternoon and welcome. Thank you. So by way of a summary the report in front of you for noting is the six months operational update for the Noosa Holiday Parks Business Activity covering the period from 1 July to 31st of December 2025. Overall the program has delivered a strong and stable performance during the first half of the financial year. Revenue and expenditure are both tracking closely in line with budget expectations and the program has generated an operational surplus of approximately $473,000 within six months revenue is it was it as at 31st December at 56.7 of the annual budget while operating expenditure is sitting at approximately 55.7 so that's a balanced performance indicator that the business unit is on track to meet its financial targets. Overall visitation the parks welcomed just over 31,000 guests through the three sites for the six months period and that represented around 52% of last year's visitation within that six month period. That again bodes well and forward bookings for the year remain strong with more than 41,000 secured and approximately 4.4 million in revenue committed for the remainder of the financial year. Looking ahead work is also underway on the Noosa Holiday Parks Strategic Plan which will help ensure the portfolio continues to evolve in line with the Destination Management Plan and ensures the portfolio remains contemporary and financially sustainable into the future. Thank you.