TTNQ Board Report June 2018
The TTNQ Board of Directors and CEO held the TTNQ June board meeting in the Cassowary Coast on 5 and 6 June. They took this opportunity to hold a briefing with the Cassowary Coast Regional Council, met with Tropical Coast Tourism (LTO), TTNQ member product inspections and industry networking event in Mission Beach.
Each year the TTNQ board schedule their board meetings in region for three of their seven board meetings. It is a great opportunity for the board to keep abreast of regional matters and engage with the local industry.
The board directors wanted to share the key outcomes from their 5 June board meeting:
- Tourism business was soft in April across Tropical North Queensland and much of the State outside the South-east Queensland corner. This was from a combination of the spread of school holidays, poor weather with local flooding, and the Commonwealth Games.
- May and June were variable, with larger Cairns properties enjoying stronger results than the regions. The remainder of the year is looking good with very strong bookings for July and August. November is solidly booked with meetings, incentives and conferences.
- Constrained domestic flights will continue to pose a challenge to the domestic market for the next one to two years. There is a general shortage of aviation capacity plus seats on many of the key domestic routes are being absorbed by international travellers coming to Cairns through southern ports.
- The Board anticipates this will stifle growth of the domestic market. This means it is vital that Tropical North Queensland courts both high-value travellers and a diverse mix of markets to ensure we meet our 2020 expenditure target of $3.5 billion.
- The Board approved a business plan and budget that reflects air connectivity and aligns to the TTNQ 2018-2020 Strategic Plan. Amendments to TTNQ’s constitution have been finalised and soon will be distributed to members for comment prior to the October 12 Annual General Meeting.