Tuesday, April 24, 2018

Industry

Low levies headache in NSW

Examine Costs

The NSW government is being urged to legislate to ensure investors have some protection on strata levies that are set too low to be realistic and only find out later how much it costs to run their building.

Read More »

The Indians are coming – but is Australia ready for them?

AN54-4-news-India-Greh Brady Mercure Sydney Central

There is already talk about the Indian market being the “new China” with the imminent commencement of direct air services between India and Australia. The Air India services into Sydney and Melbourne will definitely stimulate what has been a relatively sluggish market in recent years but the 20 – 30% annual increases that have been typical of the China inbound …

Read More »

Sydney real estate agent jailed

Jail

NSW fair trading commissioner Rod Stowe has welcomed the successful prosecution of Patrick Scott for trust account fraud involving more than $800,000.  The Surry Hills real estate agent was sentenced to 16 months prison with a non-parole period of 12 months last week in Parramatta Local Court.

Read More »

Taxes could hurt OTAs in US

Tax

The principal advocacy organisation for US state legislators is calling on states to consider rules that would require online travel companies to pay hotel occupancy taxes on the full rental price paid by customers and not simply the wholesale rate they have negotiated with the accommodation provider, according to Bloomberg.

Read More »

Motel leases conference

Lease Agreement

Resort Brokers Australia is hosting a conference in Brisbane on 20 August that will address issues which have been a bone of contention in the property industry for some time. Put simply, how do place a value on a short term lease for a motel and how do you determine what people should pay for the extension of a lease?

Read More »

Choice streamlines mobile bookings

Rapid Book

Choice Hotels International builds upon its history of technological innovation with the launch of RapidBook, enabling travellers to make reservations quickly and easily using a mobile device.

Read More »