Over the last few years, Marriott International has rolled out an employee wellness initiative called TakeCare, to which it has attributed notable increases in customer satisfaction.
Infrastructure investment puts accom industry on track for growth
The national industry specialist is urging accommodation investors and operators to “follow the infrastructure trail” as Australia embarks on a period of colossal investment.
Recognise quality properties in fundamentally strong accommodation markets, where you can buy at a very attractive price, hold and, drive the business and, potentially achieve very strong returns down the track.
Given the robust returns delivered by management rights, and the recent growth in development of quality residential and mixed-use apartment projects in prime locations, it’s not surprising to see opportunistic approaches made by operators hoping to secure properties prior to completion.
Star Rating Australia accreditation acts as a valuable measure that provides clarity in the agreements struck between accommodation property owners and leasehold operators