Welcome to the Occasional Coffeys Newsletter for April 2024. We celebrate 40 years of involvement in this industry for the writer, discuss the market, review the Coffeys Motel Industry Benchmarking Survey results, social housing and banks. Thanks for taking the time to read it.
Comments relating to some earlier versions of Motel Leases
The Buyers Guide is a collection of various articles written at different times addressing the many aspects of buying and selling tourism property.
Addressing how a motel with a shorter lease length can be appraised or valued.
Thinking of selling your motel? View our checklist.
A summary on where to start when preparing your motel business for sale.
When considering the purchase of a motel business, it could be helpful to gain an overview of the returns being offered by the current market. These notes are intended to outline the differences in return on investment for each situation.
Most motels in New Zealand operate by way of leasing. One of the main reasons for this, could be that the return from the real estate investment (land & buildings) is considerably lower than that earned by the operator of the business.