Destination Byron Blog2019-06-05T06:35:39+00:00

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CBRE’s Short Term Rental Report

The sharing economy – specifically the short-term rental (STR) market – is undoubtedly here to stay. What was first dismissed as an insignificant niche product, STRs have become a widely accepted form of accommodation. CBRE’s short-term rentals report examines the growth of this maturing market and its effect on the performance of established and new hotels. Check out the full report here.

Letter from the President: December 2019

AGM season for Byron’s stakeholder groups. Over the past weeks most of our shire’s key stakeholder groups have navigated their Annual General Meeting (AGM) responsibilities. The summary report of each group is an interesting read offering insight into the sectors prevailing zeitgeist. In the interest of transparency below are some key highlights from Destination Byron’s (DB) report for financial year 2018/19. $42,063 in revenue (vs. $41,016 previous year); $23,714 in expenses (vs. $42,985 previous year); DB achieved a surplus of [...]

Letter from the President: November 2019

Byron Bay’s visitor economy grew 70% in seven years. In the past seven years, total visitor numbers to Byron Bay have grown 69%, from around 1.3 mil per year in 2012 to 2.2 mil in 2019. For comparison purposes, Noosa’s total visitor numbers grew 35%, from around 1.7 mil in 2012 to 2.3 million in 2019. New research is now downloadable on Destination Byron’s website, titled ‘Byron Shire Tourism Monitor June 2019’. Byron Bay hosts 4.3 mil visitor nights [...]

Sustainability initiatives in the Byron Shire and beyond

Australia is home to a whole host of forward-thinking sustainability associations, groups, not-for-profits, and organisations, with several based right here in the Byron Shire. Here's a round-up of active local, national, and international sustainability initiatives. You can also download a one-page overview here. BCorp Companies that are Certified B by BCorp work to balance purpose and profit. Under the certification, they are legally required to assess the broader impact of their decision making and [...]

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