According to historical data, Melbourne’s new hotel supply may reduce the short-term to medium-term investment prospects. However, from its excellent record of attracting new supply, it can be seen that Melbourne is still the focus of Victoria. The capital of Victoria has also established the best performing position in the Australian economic system, surpassing the harbour city in all performance rankings. Well, we will sort out the knowledge points of hotel investment for everyone today.
Investment Environment
From a tourism perspective, Australia has created ideal tourism conditions and an investment environment for tourists and investors.
If you walk in the core area of Australia’s major cities, you will find that most stores can use Alipay, WeChat or UnionPay to pay. At the same time, a large number of well-known Chinese restaurants have entered Australia.
Since 2018, major airlines have added multiple routes to and from Australia. In addition to large first-tier cities, China-Australia routes have now been extended to Changsha, Fuzhou, Zhengzhou, Xiamen and other cities, and the price is as low as only 2,000 yuan. .
The development potential of the Australian hotel market
Look at the Australian tourism hotel industry from the supply of rooms. Sydney, a world-famous tourist city, currently has only more than 40,000 hotel rooms. In other famous tourist cities in the world, the number of rooms available in the hotel market is twice or more. For example, New York in the United States and Tokyo in Japan can provide more than 120,000 rooms, London in the United Kingdom can provide more than 140,000 rooms, and Beijing, China can provide up to nearly 240,000 rooms.
Looking at the Australian hotel industry from the average daily housing prices Compared with other international tourist cities, the average daily hotel room prices in major Australian cities are still rising. For example, the average daily room price of a five-star hotel in Melbourne has just reached AUD 300, and it will be even higher in the future.
According to historical data, Chinese tourists entering Australia usually choose to join a tour group, staying for an average of 10 nights, and the average travel cost is as high as 8760 Australian dollars. Even though Chinese tourists spend so much in Australia, due to the scarcity of hotels in the core area, Chinese group tourists can only choose non-city-center express hotels, and cannot enjoy comfortable accommodation, high-quality room service and convenient transportation.
The rapid development of the Australian hotel industry in the near future will be the general trend. The surge in the number of visitors and the increasing demand for travel experiences have made investment projects in the Australian hospitality industry even more popular.
From an investor’s perspective, in order to adapt to the rapid development of Australia’s tourism industry, major hotel groups have launched new hotel brands in Australia to cope with the needs of more travelers, such as the new brand voco launched by InterContinental Hotels Group in 2018. The Australian luxury hotel industry has huge market potential, and many international hotel brands have invested heavily in hoping to enter the Australian hotel market. However, at present, Sydney, Melbourne and other international metropolises have not even established well-known hotel brands with Asian backgrounds such as Peninsula Hotels and Rosewood. In light of the current situation in the Australian hotel market, it is now a period of great opportunity to invest in high-end hotels. Good tourism performance has attracted many investors and large groups to settle in Australia, and also created a friendly environment for investors and tourists from China
Reference suggestions
1 About care
(1) You can find a trusted partner yourself;
(2) The property can be rented, and the rent can be collected;
(3) You can find the developer of the hotel brand and ask him to find an investor to associate with you. This process usually takes a long time;
(4) Some franchise companies can provide loans. Of course, there is interest. Calculate the cost. If it is reliable, it is a good way.
2 About the property
(1) You can find properties through intermediaries or online channels;
(2) You can search through your network (general controllability and sufficient bargaining space);
(3) Have a good relationship with hotel developers, maybe they will tell you when they have a good property, judging from the hot cities, there is no shortage of investors, lack of suitable properties.
Three
3 Information points you need to know to find a property
(1) Location, location, or location
Mature areas: business center area, core business area, convention and exhibition center area, trade and trade center, high-end (large) residential area, mature development area, hotel gathering area;
Foreseeable area: the core position of the new administrative planning area, new economic development area and other areas;
Transportation hub area: near the airport, railway station, passenger transport and tell highway hub area;
Tourist distribution area: near famous tourist attractions or historical and cultural areas
(2) Property nature
The nature of business or tourism, with clear property rights. The property structure is suitable for transformation into hotel operating conditions, and meets the requirements of relevant national laws and regulations in municipal planning, fire safety and other aspects.
(3) Lease term
Leases for budget hotels and mid-range hotels are better than 10 years, and high-end hotels are best for more than 15 years.
(4) Property display
Choose a good display, preferably a detached property.
(5) Rent and increase
(6) Estimated income
After all, the art industry has specialized. On the way of hotel investment, especially the first time investment boss, whether looking for professionals or knowledgeable friends, try to minimize the risk.
