Victoria to issue AU$200 travel vouchers to bolster tourism sector

 Victoria to issue AU$200 travel vouchers to bolster tourism sector
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Highlights

  • The Victorian government has announced the issuance of 150,000 travel vouchers to stimulate tourism expenditure.
  • Government's initiative to offer these travel vouchers is part of an AU$200 million business stimulus package to generate employment and boost local economies.
  • An initial 10,000 vouchers will be offered exclusively for seniors, with the remaining 140,000 vouchers becoming accessible to all Victorians on 23 March.

With the summer winding down, individuals planning to trip to regional Victoria for a vacation, can benefit from the state's latest set of travel vouchers.  

The Victorian government has declared the issuance of 150,000 travel vouchers to stimulate tourism expenditure, with registration beginning for seniors shortly. All senior residents must have a valid senior business discount card or Victorian senior card to be eligible. 

Moreover, the government's initiative to offer these travel vouchers is part of an AU$200 million business stimulus package to generate employment and boost local economies.

Do read: Wesfarmers Provides COVID-19 Update Amid Victoria Restrictions | ASX Market Update

Vouchers distribution

An initial 10,000 vouchers will be offered exclusively for seniors, with the remaining 140,000 vouchers becoming accessible to all Victorians on 23 March.

Both voucher schemes offer an AU$200 reimbursement to customers who spend AU$400 or more on tours, lodging, and activities anywhere in the state. The vouchers will be allocated to one per family and need a minimum two-night stay in paid lodging. 

Both travel voucher schemes are valid for travel between 8 April and 27 May.

Over AU$159 million was spent on events, tours, and throughout the state due to the regional and Melbourne travel vouchers with 116,000 claims submitted.

Also watch: Should you hold your aviation and tourism stocks?

Art After Dark Melbourne in the spotlight 

Both travel vouchers could be used concurrently with Melbourne's new creative and late-night capital event, inspired by Europe's Night of Museums. The city's cultural institutions will unite on the dynamic paid and free activities program.

The launch of Art After Dark Melbourne, which is anticipated to infuse millions of dollars into the economy as many tourists descend on Melbourne's CBD, was proposed by Danny Pearson, Victorian Minister for Creative Industries.

Good read: Victoria Vows A$797 Million For Largest Household Energy Efficiency Drive In Australia

Bottom line 

The government's latest moves are aimed at boosting the tourist industry. It has come when the state has been seeing a surge in Covid-19 cases. It would be intriguing to observe how successful the government's strategy to attract tourists to Victoria will be in the future.

Also read: Victorian Government Announced A$200 Voucher to Boost Tourism In Victoria

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