Andrew Morgan

Andrew Morgan: "The value of a good manager to the performance of any motel business should never be downplayed"

Thinking of selling your motel? Timing matters! Factors like price & market sentiment play a big role but overpricing can…

The most important position in operating a motel is the role of the owner/manager. It is therefore important to avoid…

The simplistic side of this part of the sale process is that a potential buyer wants to look at the…

When we hear the term ‘mark-up’ we think of the amount added to a product on top of the cost…

It really is extraordinary how things can change so quickly; for the better and also, unfortunately, for the worse. I…

Motel leasing grew very quickly in the early 1990s and has remained an attractive option for motel ownership for very…

Commencing exit planning for a motel business is never on anyone’s mind until they are ready to get out. It…

What determines the market’s willingness to pay a particular price for a motel? The return on investment (ROI) that the…

The importance of a good first impression can never be understated. People make snap decisions based on their impressions in…