Permanent Parameters: Are You Worried About Finding Tenants? - Part 2

In the previous edition of Permanent Parameters I spoke about the current rental market and the increased difficulty some on-site managers are...

Legal Ease: The Lot Entitlement Debacle

Some resident managers may have been involved in the process of your body corporate going through an adjustment of its lot entitlements. The...

Business Sense: Do you Have a Strategic Plan?

It is an old saying that those businesses who fail to plan are planning to fail. Rather than getting stuck in the day-to-day grind of a business...

Sign Sense: Those Free Moving Billboards

Over time whilst writing for Accomnews, we have told you of the great importance of vehicle signage. We’ve mentioned the research that proved...

Legal Issues: Why do you Need a Power of Attorney?

A general power of attorney is a document by which a person (known as the donor of the authority) appoints another person (or several people) as...

Pest Control: Unwanted Guests Chew Through Wardrobes

Accommodation providers are advised to protect their guests’ favourite fashion pieces from damage caused by silverfish that may be lurking in...

Thinking Money: Collaboration - Evil Plot or Best Practice?

As a financier I love the accommodation sector. Interesting businesses, usually interesting locations and always interesting people. In particular...

Financial Sense: Buying ‘off-the-plan’ – Car Crash or Cash Cow? – Part 2

Last month this article discussed some of the factors to consider when contemplating an off-the-plan management rights purchase. We looked at the...

Great Relief: A Relief Manager’s Trials and Treats

About five years ago, after working in the tourist industry for 30 years and after selling my second management rights, I felt qualified to offer...

Marketing: Guest Service Now Part of Marketing Department

It is official; the walls on every hotel worldwide are now made of glass and are completely transparent; the outside world can now see into your...

Keeping House: Wrap Your Housekeepers in Plastic

You may think this is taking the eco thing too far but an American company has come up with housekeeping apparel with a bit of bottle. Plastic...

Right Management: Stairway to Heaven

“There’s a lady who’s sure all that glitters is gold and she’s buying a stairway to heaven...” says this extract from the Led Zeppelin...

Motel Market: Refurbishing a Motel - can it pay?

The cost of a motel refurbishment can be an expensive exercise. Where does one start and finish on such a job and how far does one go? What will...

By All Accounts: Family Trust and Taxation Changes

Selecting the right structure for your business is a concern of all business owners, making sure they obtain the greatest benefit now and the...

Great Relief: Relief Manager’s Observations and Suggestions

One of the most interesting aspects of being a relief manager is to observe how property managers are all doing the same thing, differently! Long...

Super Sense: Positive Year end Returns – Super is on the up!

Returns to major super funds have finished on a positive note for the financial year with SuperRatings listing the median balanced return at...

Fractional Real Estate: Report Outlines huge Potential Market

A report recently published by fractional industry expert Dick Ragatz revealed a potentially lucrative $9 billion fractional real estate market in...

Intonet: Stick 'em Up!

A 17th century medical student coined the term ‘nostalgia’ for anxieties displayed by Swiss mercenaries fighting away from home, although some...

To Market: Small is Beautiful – RevPAR Wise

Big is not necessarily better! Britain’s growing number of boutique hotels, with their quirky, design-led interiors are reaping greater...

Big Small Business: ‘Hunting in the Pack’ Lobbying Needed

It may be a no dramas election, but does this help the tourism industry? An eminent economic historian, professor Niall Ferguson from Harvard...