New South Wales hotels that have had their July school holiday bookings canceled virtually overnight due to current government restrictions will be partially compensated for lost revenue, the New Wales government has announced from South.
The A $ 26 million initiative will provide targeted support to approximately 38,000 registered accommodation providers in Sydney and regional hubs, with identical grants paid based on nights lost during the school holiday period from June 25 to July 11 inclusive, regardless of the location of the hotel.
The government says this approach is fair because NSW residents across the state had travel plans in urban and regional centers disrupted by the restrictions imposed.
NSW Employment, Investment, Tourism and Western Sydney Minister Stuart Ayres said the grant was of critical importance to hotel owners due to falling prices occupancy rate over the past month, up to 2% in some cases.
âIt is heartbreaking that this recent outbreak of COVID-19 occurred just on the eve of the winter school break, which means Sydney residents, NSW residents and interstate visitors have not were able to carry out their travel plans across the state, âMinister Ayres said.
âThis program is open to all qualifying NSW accommodation facilities as the current restrictions affect not only operators in Greater Sydney but also those in the NSW region who have lost their main source market to the Sydney metropolis or the highway.
âNow it’s up to all of us to stop the spread of the virus so that we can start traveling again and enjoying our state’s experiences and attractions as soon as possible, which businesses really need,â Ayres added.
Hotels can take advantage of two levels of government support, with a grant of AUD 2,000 paid to a property that has lost 10 or less nights, while AUD 5,000 will be paid to establishments that have lost 11 or more nights in the course of the 16-day period. Owners of multiple properties will be able to claim the grant for each hotel in NSW identified by different addresses.
Hotels must be GST registered and / or hold an ABN and must be fully self-contained, meaning the grant cannot go to vacation rentals consisting of vacant rooms in a household or private residence .
Further details, including eligibility criteria, are available on the Service NSW website.