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Prepare for your sale well in advance…

by John Mahoney, Mahoneys 11th January, 2018

As I have said in previous Resort News articles, and at the risk of stating what to many might seem obvious, the most important piece of advice I can give potential sellers of a management rights business is to [...]

How to hit the market with a saleable business…

by Lyn Pearsall, MR Sales 11th January, 2018

After attending the recent ARAMA Management Rights Industry Expos and listening to expert panelists on the Gold Coast, Sunshine Coast and in Brisbane, the overwhelming message to managers wishing to sell in [...]

Maximising your sale price

by Paul Gaffney, The MBA Partnership 11th January, 2018

When the time comes to sell your management rights business, there are a number of things you can do to help maximise your sale price and ensure a smooth sales process.   Review your letting authorities [...]

Councils struggling against the odds

by Graham Vercoe, Resort News Reporter 20th December, 2017

Quasi-hotels should be banned under reforms to the regulation of short-term holiday letting in NSW, demands the Accommodation Association of Australia, as the NSW government considers changes to the model for [...]

What’s the big idea behind joining a recognised brand?

by Rosie Clarke 13th December, 2017

Whether you’re a lone wolf or like having a wolf pack, there’s always something to be said for power in numbers.    In the accommodation sector, branding of some sort is close to [...]

Shift luxury into a higher gear

by Mandy Clarke, AMG Reporter 29th November, 2017

Today’s fussy guests want to experience the ride of a lifetime. Metaphorically, they want a Mercedes-Benz or a Rolls Royce not a quirky VW Beetle or a cute Mini.   Literally-speaking: pristine [...]

Do you scare easy? Check your cameras

by Rosie Clarke 29th November, 2017

Nobody wants their property morphing into the set of a horror film, least of all guests looking for a relaxing getaway.   Hotel room invasions are a very real threat and without a security system in [...]

Working with your partner… the good, the bad and the ugly (mostly good)

by Mark English, MR Sales 24th November, 2017

My story starts on a cold, wet Melbourne night. While at a friend’s 21st birthday party, I was lucky enough to meet my now wife (Kerry) for the very first time...   ... and here we are, some 30 [...]

Management rights finance

by Steve Burton, Principal, PCS Finance 12th November, 2017

Management Rights Finance Financing management rights purchases get harder and more complex each day.   A buyer needs to realise that the banks have a range of different policies and different [...]

Accounting and taxation aspects of financing management rights

by David Jackson, Hospitality & Strata 12th November, 2017

Financing costs are a significant expense in the operations of a management rights business so it is important they are structured correctly to maximise the potential taxation benefits.    Here are [...]