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The Victorian government announces $149 million in funding for ten regional tourist destinations

The Victorian government announces $149 million in funding for ten regional tourist destinations The targeted package is part of a $633 million investment into the local tourism industry. This morning, the Victorian government unveiled its four-year plan to rebuild the local tourism industry, totalling $633 million in funding. Titled Visitor Economy Recovery and Reform Plan, the roadmap will see ten regional tourist destinations receive a collective investment of $149 million. What you need to know Victoria’s tourism industry suffered an estimated $19.5 billion net loss in 2020 due to both the COVID-19 pandemic and the bushfires The government’s four-year plan aims to achieve $35 billion in annual visitor expenditure, supporting 300,000 jobs, by June 2024

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