ATS are global leaders in altitude training and research. From mask systems and inflatable tents to simulated altitude facilities, we help all athletes gain the competitive edge. Our…read more
Research shows Victoria’s tourism investment pipeline accounting for one quarter of Australia’s total
The Victoria Tourism Industry Council (VTIC) has welcomed new research from Tourism Research Australia that indicating that, in 2018/19, the tourism investment pipeline in Victoria consisted of 49 projects with a collective value of $11.3 billion, accounting for 25% of Australia's total investment.
VTIC Chief Executive Felicia Mariani stated “once again the tourism sector has demonstrated its value as a major economic contributor, not only to the state, but also to Australia.
“This strong investment pipeline of 49 projects is working to narrow the gap between supply and demand in Victoria and support the experiences that visitors are seeking now, and into the future,” she said.
While the overall level of tourism infrastructure investment is strong, it is not as broad based as it needs to be. For example, Victoria is still 10% below the national average in terms of the proportion of investment in regional accommodation and experience development.
Commenting on this, Mariani (pictured addressing the recent VTIC conference) explained “the challenge for policy makers is to address this shortfall by creating a framework that will attract new business ventures into the state and increase private sector investment in tourism infrastructure.
“A key step is to extend the maximum length of leases in national parks to at least 49 years.”
The report also shows that the highest value of projects in the pipeline were in regional Victoria (68% of the value of the pipeline), with the remaining value of projects in Melbourne (32%).
Mariani went on to say “while VTIC is encouraged by these results, there is still work to do to ensure that the tourism sector continues to thrive in Victoria.
“VTIC’s submission to the Victorian Government’s Regional Tourism Review contains recommendations to streamline approvals for tourism investment, and fast-track the maintenance and upgrade of visitor amenities and tourism-related assets.”
7th December 2019 - Six Victorian tourism operators enter RACV Hall of Fame
14th November 2019 - Proposed Victorian bathing trail concept gets international and domestic backing
21st March 2019 - Review to determine ways to expand tourism In Regional Victoria
7th June 2017 - VTIC highlights challenges for tourism in regional Victoria
26th April 2017 - Local councils make big investments in tourism
29th February 2016 - New marketing campaign promotes regional Victoria
12th May 2015 - Australian tourism investment reaches $53.7 billion in 2014
5th December 2012 - Federal Government closes gap on tourism investment
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
The Complete Guide to Leisure Industry Products & Services.
Felton Industries is Australia’s leading designer, manufacturer and supplier of quality outdoor furniture and has been supplying premium seating solutions for all sporting, commercial, community…read more
Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…read more
Humanforce is a global provider of workforce management solutions for companies who need flexibility to manage complex workforces. Companies use Humanforce to manage everything from time and…read more
Founded in 1961, Myrtha Pools® quickly became Italy’s première swimming pool company, and has since grown into one of the world's leading swimming pool construction…read more
Summit Fitness Equipment is now part of NovoFit - see www.ausleisure.com.au/suppliers/novofit/read more
PROVEN BUSINESS CONCEPTS WITH XBODY XBody’s goal is to see you and your EMS business succeed. That is why we don’t just sell equipment, we provide know-how, expert knowledge,…read more
Pico Play is a global leader in the planning, design, development and construction of world-class themed attractions and entertainment that deliver extraordinary and memorable experiences to millions…read more
get listed with our suppliers directory
Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!