With now two weeks of Level 2 behind us, we are starting to get a picture of where we might be headed, although it is still too early to be guessing future outcomes.
As we pass the halfway mark under the Alert Level 4 lockdown, it may be that an update on the feedback we are getting could be helpful.
While it has been anything but business as usual for us this week, we have certainly been kept busy in respect of this question.
Our first newsletter for 2020 covers Coronavirus, Home Share (Peer to Peer) Accommodation Providers, AML and more.
As in other parts of the world, New Zealand has seen a significant growth in the P2P accommodation sector in the last few years. These operators compete directly with the commercial accommodation providers and are now taking a considerable share of the overall market.
The real estate industry is now in its second calendar-year of having to comply with this Act. Various industries and professions have been rolled out in terms of compliance requirements.
In case our readers are interested in the effect that the current situation may be having on the market for selling accommodation properties and businesses, we have undertaken some research with professionals engaged in the sale process.
We recently attended the No Vacancy expo to check out the latest offerings in support of the accommodation and hospitality industry. As with most things Sydney-side, it was on a grand scale with some 234 exhibitors along with some 43 separate education and discussion summits, with a line-up of very experienced speakers.
