Fitzroy Island Resort, a 45-minute boat ride from Cairns, comes with a price tag expected to exceed $35 million in what could be the latest getaway to be snapped up by Australians investors in the past 18 months.
It's been a turbulent three years for the tourism industry in Far North Queensland in light of international border closures due to COVID-19.
But the situation is easing, with National Visitor Survey figures showing Australian holidaymakers are spending more and staying longer in the region.Domestic travellers spent $3 billion in the year ending in March 2022, up 18.8 per cent on 2019. Former Tourism Australia boss John O'Sullivan, who now runs Experience Co which offers experiences in Far North Queensland, said he had confidence the region would make a full recovery.
He said Australians in particular were keen to get out and explore despite the soaring cost of living."The last thing that people cut from their household budget is a holiday, it's sacrosanct to Aussies — we are a race that likes holidaying, whether it's here or overseas," Mr O'Sullivan said. "There will be a tightening of the belt inevitably, but you'll find that part of the market that would normally go overseas to Bali and Fiji, they'll put it off until next year but we still want to go on holidays.Find more local news
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coal mine 10km from Great Barrier Reef rejected in Australian firstA central Queensland project proposed by Clive Palmer has become the first coal mine to be refused under national environmental laws.
Read more »
Matt Canavan ‘deadset against’ coal mine blockNationals Senator Matt Canavan says he is “deadset against” Environment Minister Tanya Plibersek’s decision to block a coal project, which was the first-ever refusal of a mine under national laws. The project was blocked due to concerns the mine would pollute the Great Barrier Reef. “We have 34 coal mines that operate in the Bowen Basin, all of them are close to the Great Barrier Reef, most of them have operated for decades,” he told Sky News host Andrew Bolt. “And guess what has happened over those decades? We now have record coral cover on the Great Barrier Reef.”
Read more »
Turkey’s earthquake is showing a reflection of ‘great humanity’Recastled CEO Kosha Gada says moments of a great tragedy, like the earthquake in Turkey, shows a reflection in “moments of great humanity”. “It is about helping people in need and I think these moments of great tragedy, one bright spot … is a reflection in it of moments of great humanity where people are giving aid and expertise and search and rescue folks,” Ms Gada told Sky News host Peta Credlin. “And there is a little bit you get back from that because it keeps your people trained.”
Read more »
Canada announces plans to protect vast marine zone with Great Bear Sea projectPolitical and Indigenous leaders hope to replicate success of British Columbia’s Great Bear Rainforest conservation area
Read more »
OnePlus 11 review: rapid Android with long battery lifeTop-performing phone has great screen, superfast charging and solid camera but lacks pizazz
Read more »