Full Report - Port Douglas Chamber of Commerce
Full Report - Port Douglas Chamber of Commerce
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