Upward trend predicted to continue
WA parks record Australia's
highest revenue growth
CARAVAN parks in Western Australia recorded Australia's highest revenue
growth during the quarter ending December, Australian Bureau of Statistics
figures reveal.
The news comes as revenue in the caravan and holiday park industry
soared by more than seven percent nationally ... with experts predicting
the upward trend continuing well into this year.
At 12.3 percent, WA's income growth came in tops for the quarter. The
Northern Territory, South Australia and Victorian markets also
demonstrated strong growth figures of 10.9 percent, 9.8 percent and 8.3
percent respectively.
Caravan, RV & Accommodation Industry of Australia (CRVA) chief executive
officer Ben Yates thought the figures were the result of "new face"
caravan holiday parks which now provided affordable traditional sites
right through to luxury resort-style facilities.
"Despite the recent economic downturn our industry continues to grow
quarter on quarter," he told media. "Much of this is due to the industry
moving with the times and giving the public facilities they want at a
price they can afford."
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