Casino stems bleeding

Well sort of ……

Economic and trading conditions in Cairns have been challenging during the year particularly in the first half from January to June. RCT’s performance in the second half of the year has been stronger than the first half. The second half is expected to be similar to the second half of last year. The second half is traditionally the “high tourist season” in Cairns.

Still not an impressive result given that the second half last year was the lowest H2 result since  2010.

RCT05122019

Noted this week also was a report in the Cairns Post with critical comments on the proposed Global Tourism Hub (GTH) from LNP spokesman David Crisafulli. I should come back to the GTH as I didn’t get around to posting on the economic analysis from PWC released in August as an abbreviated summary PR report by Tourism Minister Kate Jones and deserving of some questions.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s