Looking to buy your next hotel, motel, caravan park, or management rights?

Work with the brokers who meet with Australia’s leading operators every week. Explore exclusive listings and deals backed by decades of on-the-ground experience: https://www.resortbrokers.com.au/

In this episode of Resort Brokers Radio, host Trudy welcomes John from Mandala Hotels and Resorts, who previously worked with Asset Solutions. John discusses the dynamics of the accommodation industry, focusing on the unique opportunities available in purchasing properties at a fraction of their replacement cost, particularly those built in the 60s, 70s, and 80s. He addresses the misconceptions around leasehold properties, emphasizing that the right risks can lead to significant financial returns.

Follow Resort Brokers:

https://www.instagram.com/resortbrokers/

https://www.facebook.com/ResortBrokersAustralia

https://www.youtube.com/@resortbrokersau

https://www.tiktok.com/@resortbrokersau

Timestamps:

00:00:00 - Introduction

00:01:00 - Guest Introduction

00:01:46 - Mandala Hotels and Resorts Overview

00:02:22 - Defining Smaller Properties

00:03:39 - Regional Expertise and Property Size

00:04:01 - Investment Strategy and Fund Structure

00:05:05 - Leasehold vs. Owner-Operator Risks

00:06:54 - Market Changes and COVID Impact

00:08:21 - Replacement Costs and Economic Viability

00:10:07 - Current Market Trends in Domestic Tourism

00:10:28 - Repositioning Properties for Value

00:11:55 - Cross-Pollination of Customer Bases

00:13:30 - Understanding Customer Preferences

00:14:36 - Research and Data Utilization

00:16:41 - Property Inspections and Historical Knowledge

00:19:52 - Market Competition and Strategy

00:21:55 - Overview of Investment Funds

00:24:13 - Returns and Investor Satisfaction