Knowledge hub

The Knowledge hub is packed with articles and downloads that are a valuable resource when planning your next move. Read the latest advice and features from our business experts to get the answers you need.

359 items found

If you are researching buying or selling a business, here is a great place to start.

The government has confirmed a time frame for re-opening the country’s borders this year. What potential impact, if any, is this likely to have on the business sales market? Though we’re not exactly sure how may Kiwis will be coming back. There have been predictions for as high as 250,000 over the next or two or three years, with a significant percentage looking to return home permanently. Sure, there will also be Kiwis looking to exit New Zealand and seek employment opportunities offshore, but expectations are the net position will result in a large number of buyers entering the market.

Articles

Opening the Borders. Kiwis Invest in Business.

Maintenance accounts are typically a consideration when a hotel or motel business is leasing property from a freeholder. This is because motel and hotel leases are very different from other types of property leases, especially when it comes to who is responsible for upkeep and maintenance. Logically, you might think the freehold owner is obligated to keep up the premises, but in many cases the property owner is only responsible for weather-tightness and structural soundness. All other maintenance concerns, unless otherwise indicated in the lease, are the responsibility of the lessee.

Articles

How Do Motel Maintenance Funds Work?

Purchasing a business and fulfilling self-employment presents numerous opportunities on choice of industry you wish to trade in. The accommodation industry is dynamic, meeting and accommodating guests from all walks of life, corporate, leisure, countries and is an industry that benefits from many ev...

Articles

Franchises in the Accommodation Sector – Quest Apartment Hotels must be Considered

Motels are a business proposition with a bright future. Visitor numbers have been on an upwards trajectory for some time and with MBIE NZ predicting that by the year 2022 tourism expenditure is expected to increase by 65% to $16 billion. Accommodation is one of the key growth industries to be in.

Articles

Motels are A Good Deal for the Future

With New Zealand’s booming tourism sector, and despite the impact of Air BnB, the country’s accommodation occupancy rates have been steadily growing in recent years. (Latest figures from Stats NZ show national guest nights were up 4% for the year ended May 2017 – with growth occurr...

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Room to Improve – Achieving a Successful Sale of Your Accommodation Business by KPMG

Experts will tell you that buying into a hospitality or accommodation business isn’t for the faint-hearted, but if you’re willing to put in the work and learn the details of the business, you can take advantage of a number of benefits other than profit or pay. Here’s a look at five...

Articles

Five Reasons to buy a Motel or Management Rights

Over the past 6 years Gordon Fridge has become the pre-eminent tourism property broker in Mount Maunganui, Tauranga and the wider Bay of Plenty area. Gordon has sold almost all the Management Rights properties (& motels) in Mount Maunganui and is regarded as something of an expert in the M...

Articles

Tauranga, Mount Maunganui Accommodation Specialist

New Zealand has long been a target for migration, particularly from Europe and Asia. Indeed, around 69 percent of New Zealanders identify as coming from European descent (mostly from the UK), and approximately 9.2 percent are from Asia, with Maori making up 14.6 percent. Immigration has a major role...

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How Is Immigration Affecting the New Zealand Accommodation Sector?

It's a holiday paradise. It's a place of fun and relaxation. It's Mount Maunganui.

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Management Rights in Mount Maunganui

When buying a motel, it's important to understand the business financials. Typically, these will be present in documents provided by the seller during the purchase process. The right documents let the buyer verify the financial health of the business and the various obligations that may come wit...

Articles

Buying or Selling a Motel – What Information is Necessary?

A good business plan is vital for any business, and accommodation businesses are no different. In many cases, it can be difficult to know where to start, so here are some tips for creating a good accommodation business plan.

Articles

Creating an Accommodation Business Plan

Rent is one of the biggest costs that motel operators might face, and it’s one that has gradually risen, even as service expectations are increasing and revenues are dropping. Most motel operators were originally told that gross income should divide into roughly three equal parts to cover rent...

Articles

Reducing Rent and Motel Costs: Two Key Challenges

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Knowledge hub

359 items found

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Knowledge hub

359 items found

Get in touch with LINK

Never miss an opportunity!

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