Venue Feasibility Calculator & Tourism Recovery Consultants
The Victorian Tourism Industry Council (VTIC), with support from the Department of Jobs, Precincts and Regions, have released a range of tourism and hospitality industry support and resources which are available via their Industry Support Hub.
Venue Feasibility Calculator
As restrictions ease, the Hospitality Venue Feasibility Calculator can help you determine how many patrons can be seated in your venue and how your revenue stacks up with possible reduced numbers.
The venue calculator will provide you with an indication of your projected weekly revenue, expenses and net profit. Using the calculator should enable operators to see what a successful reopening and restart could look like.
Although the calculator has been primarily designed for hospitality businesses, this is also a useful tool that has applications for other sectors of the industry.
It is important to note that the calculator will only give you an indication of your projected profit, based on the numbers you entered.
A simple guide on how the calculator works is available on the website.
Tourism Recovery Consultations
For tourism, events and hospitality business seeking specialist advice, the Tourism Recovery Consultations offer free 90-minute one-on-one sessions with an experienced tourism industry consultant.
The consultation will help you identify a goal to focus on, evaluate options that can help you achieve this goal and set some practical actions to get you started on your recovery journey.
Applications are open until 30 November 2020, or when the number of funded consultations is exhausted.
To find out more about the consultations and to apply, head to the VTIC website.
Susan Beniston
Visitor Servicing & Development Officer