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Full Report - Port Douglas Chamber of Commerce

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<strong>Port</strong> <strong>Douglas</strong> needs to grow at 5% pa over the next 5 years to reach 2005<br />

levels, this growth should be measured in relation to Australian competitors<br />

Regaining 2005 arrival levels will require a 5% pa growth rate over 5 years<br />

120<br />

110<br />

100<br />

90<br />

80<br />

70<br />

60<br />

<strong>Douglas</strong> region – Guest arrivals (index)<br />

2005 2006 2007 2008 2009 2010 2011*<br />

<strong>Douglas</strong> Queensland Australia<br />

© MBS MBA 2012 Student Project – Revitalising <strong>Port</strong> <strong>Douglas</strong><br />

• 2011 Arrivals are at 80 (indexed with 2005=100)<br />

• Regaining 100, or 2005 levels, will require a<br />

5% pa growth rate over the next 5 years<br />

• This measure will give <strong>Port</strong> a tangible,<br />

measurable goal.<br />

Comparing <strong>Port</strong>’s growth rate to competitors will help to build an understanding for relative position<br />

Proposed list for comparison:<br />

• Noosa<br />

• Whitsunday Islands<br />

• Hamilton Island<br />

• Byron Bay<br />

For the comparisons the current growth rate<br />

should be considered, not a 5 year trend.<br />

Reason for selection:<br />

• secluded locations, none metropolitan<br />

• same affect <strong>of</strong> currency fluctuations<br />

• largely same laws and regulations apply<br />

• roughly same reasons to visit destination<br />

International destinations, such as Hawaii, Bali<br />

or Fiji, are more difficult to compare as they are<br />

affected differently due to currency fluctuations<br />

and operate under local legislation.<br />

39

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