Issues and questions commonly raised to the assessment of viability for motel and accommodation leases.
A Painful Recovery?
While it has been anything but business as usual for us this week, we have certainly been kept busy in respect of this question.
As in other parts of the world, New Zealand has seen a significant growth in the P2P accommodation sector in the last few years. These operators compete directly with the commercial accommodation providers and are now taking a considerable share of the overall market.
The real estate industry is now in its second calendar-year of having to comply with this Act. Various industries and professions have been rolled out in terms of compliance requirements.
What is the best measurement of success?
Melissa Kalan, founding director of the Australian Revenue Management Association (ARMA) shared with Rooms Online, her ‘Two Top Tips’ for effective revenue management.
From 1 January 2019, Real Estate Agents are required to verify the identity of their vendors in accordance with Anti-Money Laundering and Countering Financing of Terrorism Act 2009.
