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Victoria's Regional Tourism Network Receives Funding Boost for Economic Growth

WHAT'S THE STORY?

What's Happening?

The Regional Tourism Network Industry Strengthening (RTNIS) Program in Victoria has received additional funding to support local tourism businesses. Minister for Tourism, Sport and Major Events Steve Dimopoulos announced that Victoria's Economy Partnerships (VEPs) will be eligible for up to $100,000 each in funding. This initiative aims to enhance the skills of regional tourism operators and improve visitor experiences, contributing to the growth of Victoria's $40 billion visitor economy. The Goulburn Region Tourism and Daylesford Macedon Tourism networks are among the beneficiaries, focusing on brand development and marketing strategies to attract more visitors.
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Why It's Important?

The funding boost for regional tourism networks is crucial for sustaining and growing Victoria's visitor economy, especially amid challenges like cost-of-living pressures. By investing in training and marketing, the program supports local businesses in enhancing their offerings and attracting more tourists. This initiative not only strengthens the economic resilience of regional areas but also promotes cultural and recreational activities, benefiting local communities. The focus on sustainable tourism practices aligns with broader economic and environmental goals, ensuring long-term viability and competitiveness in the tourism sector.

What's Next?

Regional tourism networks will implement industry development programs and marketing campaigns to leverage the additional funding. The launch of new regional brands, websites, and visitor apps is expected in the coming months, aiming to boost visitation and spending. As the tourism market remains challenging, continued support and innovation will be essential for maintaining growth. Stakeholders will monitor the impact of these initiatives on visitor numbers and economic performance, adjusting strategies as needed to maximize benefits.

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