The NSW Government is providing targeted support for the state’s accommodation sector to ease the pain of lost bookings over the winter school holiday period.
The cash-flow boosting funding will enable eligible accommodation premises that have lost room nights between 25 June and 11 July inclusive to apply for grants up to $5,000.
Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres said this $26 million initiative was critically important for accommodation providers with occupancy rates plummeting over the past month.
“It is heartbreaking that this recent outbreak of COVID-19 occurred right on the cusp of the winter school holidays, meaning Sydneysiders, NSW residents and interstate visitors were not able to fulfil their travel plans across the State,” Mr Ayres said.
“The sector has reported a dramatic decline in occupancy rates, with some Sydney properties reporting only two per cent occupancy in July 2021.
“This program is for all eligible accommodation premises across NSW, as the current restrictions not only affect Greater Sydney operators but also those in regional NSW who lost their main source market from metropolitan Sydney or interstate.