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In this episode of Resort Brokers Radio, hosts Trudy and Josh dive into the insights from their first-ever motel report. They discuss the evolving landscape of the accommodation industry, emphasizing the importance of profitability as a key driver for long-term success. The conversation highlights the value of properties, regardless of location, and how previous perceptions of per key rates have changed. Listeners will gain insights into the latest trends, success stories, and predictions for the future of hotels, motels, caravan parks, and management rights.

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Timestamps:

00:00:00 - Introduction

00:00:22 Profitability drives accommodation industry.

00:06:10 Supply and demand dynamics.

00:08:56 Valuers' role in accommodation sales.

00:11:15 Property pricing and demand dynamics.

00:14:26 Record deals and market trends.

00:21:23 Profitability driving industry trends.

00:24:18 Valuation metrics in the industry.

00:28:14 Regional value opportunities in Australia.

00:30:00 Motel Report presentation and feedback.