Charles Man.

This analysis attempts to apply findings from the paper The Effect of a Rise in Interest Rates on Hotel Capitalization Rates by Jack...

In our opinion for the short term, we forecast that domestic visitation in terms of holiday and friends and family visits have peaked in...

To measure the upcoming potential oversupply risks, the short-term rental accommodation market (STRA), ie. Airbnb etc, needs to be taken...

Due to escalating construction costs, rising cost of capital and investor appetite due to current macroeconomic environment, a total of...

On data (raw source courtesy of STA). As of FY22, there are 5,899 properties providing 312,500 short term accommodations in inventory,...

In our opinion, the combined trend of lower short term rental accommodation stock (e.g. Airbnb) due to rising residential yields, and low...

RevPar is on the road to recovery with occupancies on the rise and ADR outperforming 2019 across all capital cities. Chart 13 shows 4...

Occupancy rates are yet to match 2019’s peak, but are increasing. Australia’s accommodation average occupancy Dec22 currently at 65%,...

Australian mean ADR is at $228(Dec22), compared with $184(Dec19), a greater than 20% increase from 2019 historic peak. On average...

It seems probable Australia hotel asset class will become favourable alternative assets in ‘23 with returning strong occupancy trend,...

Delving deeper (this data can also be matched with hotel / bread and breakfast room supply to extrapolate supply and demand gap) in chart...

Total international arrivals (mix of AUS citizen long and short term and non-AUS citizen long and short term) in Jan23 Australia reached...

In our opinion, key optimizers to accommodation revenues are the return of international travel. In ‘22, international travel has only...

With roughly 25% of all Australian mortgages switching from 2% fixed to 6%+ variable in 2023 & RBA taking a more hawkish stance to fight...

Options to extend agreements, usually in 5 year increments, are usually like this: “If there is not, at the time the caretaker gives...

Interest Rates and ROI 2 Continuing on from the question on interest rates, here we try to answer the questions of the listings in...

(Graphic 1) (Graphic 2) Interest Rates and ROI So how do interest rates affect ROI with respect to management rights? Here we did a study...

Better do an interest rate sensitivty analysis on the returns with these rate hikes

Here’s an analysis of the total purchase price, business price and property price for 32 projects (graphic 3) currently listed in the...

This post is pure research opinion, data obtained from listings via theonsitemanager.com.au Graphic 1 We’d like to start with the...