The caravanning and camping boom is continuing apace, and its benefits are being felt in many communities.
A case in point is Noosa on Queensland’s Sunshine Coast where the network of council-run holiday parks has experienced a record year financially.
A recent report has revealed that revenue from the Noosa Holiday Parks in the 2022/23 financial year was up a whopping 12.7% on the previous year.
The parks earned $4.2 million in revenue in the financial year, with visitation levels up 22% on the year before.
The report, mentioned at the Noosa Council Services and Organisation Committee Meeting, said it was ‘the highest recorded annual visitation at Noosa Holiday Parks’.
According to the council report, an operational surplus of $1.237 million was achieved in financial year 2022/23, exceeding budget expectations by $472,000.
Council says the surplus from the holiday parks business is used to offset general rate increases otherwise required to fund non-revenue-generating council activities and programs.
The Sunshine Coast News reports that Noosa Holiday Parks comprises the council-operated Noosa River Holiday Park, Noosa North Shore Campground, and Boreen Point Campground.
The Noosa Holiday Parks accommodated 61,219 visitors during financial year 2022/23, representing an overall economic contribution of $25 million (GDP).
Boreen Point Campground’s revenue increased 23.3%, while Noosa North Shore Campground saw a 23.5% increase, and Noosa River went up 5.1%.
The Sunshine Coast News reports that the council sees the strong bookings and revenue continuing into the future, with current forward bookings for financial year 2023/24 already totalling $2.52 million.
“Financial performance trends and market demand indicates that the Noosa Holiday Parks is well positioned for robust financial sustainability, visitation and positive economic impact into the future,” the council report said.
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