Major events hand $1bn boost to Victoria’s economy
2022 saw a record 6.9 million attendees at sporting, music, arts and cultural events across the Australian state
News By James Hanley | 22 March 2023
The Australian state of Victoria has reported that major events delivered an almost A$1 billion (€619,000) boost to its economy in the second half of 2022.
The year saw a record 6.9 million attendees at sporting, music, arts and cultural events across the state, with hotel occupancy averaging 67% in H2 ’22, peaking at at 93.7% on the evening of Billy Joel’s 10 December concert.
Promoted by Frontier Touring, the one-night-only show at Melbourne’s MCG was attended by more than 76,000 fans and formed part of …