Explore the intricate world of the Australian accommodation industry with Frank and Trudy on Checked In with Resort Brokers. In this episode, they delve into the complexities of management rights businesses and community title schemes. Special guests Kelley Rigby from Let's Prebuild and Rigby Property Group, along with Alex Cook from Resort Brokers and Orama, share insights on industry trends and challenges. Tune in to unravel the stories behind hotels, motels, caravan parks, and more in this ever-evolving landscape of the accommodation industry.

Follow Resort Brokers:

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

https://www.facebook.com/ResortBrokersAustralia

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

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

Follow Kelley:

https://www.instagram.com/kelley.louise.rigby/

https://www.facebook.com/kelley.falcke.1/

https://lettsgroup.com.au/

Timestamps:

00:00:00 - Introduction

00:01:36 - Kelley Rigby's Journey in the Management Rights Industry

00:06:48 - The Role of Onsite Managers in Strata Communities

00:14:33 - Impact of Market Trends on Management Rights

00:20:09 - Educating Owners and Managers

00:27:54 - Collaborative Industry Practices

00:31:02 - Business-Only Management Rights

00:32:23 - Resilience of the Management Rights Industry

Join Frank and Trudy on Checked In with Resort Brokers as they delve into the world of Australian accommodation industry. In this episode, they are joined by Georgina Bishop, a seasoned professional who recently sold her management rights in Newstead. Georgina shares her insights and experiences from managing her business for 13 years as a single mom. Tune in for expert predictions, market trends, and personal stories that make up the fabric of the accommodation industry.

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

00:05:17 - Flexibility and Work-Life Balance in Management Rights

00:06:14 - Importance of Processes and Tools

00:13:24 - Adding Another Property: Lush

00:16:27 - Changes in Body Corporate Dynamics

00:20:19 - Visibility and Availability in the Complex

00:24:28 - Importance of Pre-Planning for Business Transfer

00:32:47 - Challenges and Realities of the Industry

Join Frank and Trudy on Checked In with Resort Brokers as they delve into the Australian accommodation industry. In this episode, they sit down with Trudy's father, Ian Crooks, the Chairman of Resort Brokers, and his friend, Malcolm Hall-Brown, a developer with diverse expertise. Discover the evolution of property developments, the acceptance of the lease concept, and the importance of recognizing multiple assets in the industry. Gain insights and pearls of wisdom for those navigating this dynamic field. Tune in to explore market trends, personal stories, and valuable lessons from these industry veterans. Welcome to Checked In with Resort Brokers!

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

00:01:35 - Background of Ian Crooks and Malcolm Hall-Brown

00:04:24 - Market Cycles and Economic Challenges

00:05:07 - Surviving Tough Economic Times

00:07:25 - Raby Bay Development Story

00:08:31 - Early Relationship Between Ian and Malcolm

00:15:09 - Early Days of Motel Leasing in Australia

00:25:29 - Advice for Industry Professionals

00:28:19 - Technology's Impact on the Industry

Join Frank and Trudy on the inaugural episode of Checked In with Resort Brokers as they delve into the fascinating world of the Australian accommodation industry. From discussing the challenges and opportunities faced by small owner-operator businesses to exploring dynamic pricing and the impact of first home buyer grants on letting pools, this podcast promises to guide you through the ever-evolving landscape of hotels, motels, caravan parks, and management rights. Get ready to uncover market trends, expert predictions, personal stories, and valuable insights in this exciting industry journey.

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

00:02:33 - Stories of successful business owners

00:05:28 - Australian accommodation industry insights

00:07:27 - Low barrier to entry

00:11:30 - Management rights industry insights

00:15:30 - Small business consulting and relationships

00:16:49 - Using the right people

00:22:07 - Brisbane housing market challenges

00:25:19 - Buying businesses strategically

00:29:10 - Business cycles and rapid changes

00:30:28 - Amazing woman fit-out trends