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Eye-watering loss predicted for ‘haemorrhaging’ Gold Coast industry 

Article image for Eye-watering loss predicted for ‘haemorrhaging’ Gold Coast industry 

Queensland’s tourism industry is ‘haemorrhaging’ money as uncertainty around borders continues. 

Data from Destination Gold Coast estimates visitor expenditure will be down $1 billion for the September quarter compared with 2019.

It comes as mid-week occupancy is sitting around 40 per cent during what is normally a peak period for the industry.

“When you don’t have NSW and Victoria, which are huge markets for our winter and spring holidays, … we’re definitely feeling it,” Destination Gold Coast CEO Patricia O’Callaghan told Neil Breen.

“We’re seeing businesses close their doors nearly every day.

“We just need to get through the next hundred days.”

Press PLAY below to hear the full interview 

Image: Getty 

Neil Breen
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