The ski slopes are open once more, with the Victorian state government announcing an easing of restrictions.
With the five-kilometre rule being scrapped, tourists can now make the most of the remaining snow season.
Director of marketing and communications at Falls Creek Ski Resort Sarah Watt said that "everyone was ecstatic" to hear the news.
"We're extremely excited to be able to welcome guests back into the resort," she said.
"The easing of the restrictions creates a great opportunity for the resort to open back up and let our operators do what they do best."
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Ms Watt said restrictions had taken their toll on operators in the area and that easing them would be a boon.
"Obviously it's not ideal for anyone, let alone our business operators who do have a core season of operations which is the four months of the declared winter season," she said.
Tourism North East estimates that the snow season accounts for roughly 90 per cent of the Alpine sector's yearly income.
The official snow season now has 60 days left.
"Not being able to welcome new guests in or operate their hospitality businesses as usual is very difficult and affects how they earn a living," Ms Watt said.
Mount Hotham physio and owner of Last Run Bar Henry Wajfwelner said it was "awesome" to hear the news yesterday that tourists would be allowed back.
"It's fantastic news, the snow up here is phenomenal at the moment, just a pity there hasn't been anybody to enjoy it," he said.
"The people that have been stuck up here have had the advantage of skiing on this really dry, deep powder."
Tourism North East estimated that the Alpine sector would have lost $112 million over the last two weeks.