Mahoneys’ Partner Amy O’Donnell was recently featured in Resort News – the magazine for the accommodation industry professional – where she discussed what successful management right operators do well.
Specifically, during 20 plus years supporting the industry, she found that the most successful operators focused on two simple but vital principles – presentation and communication – and all of them:.
- understood the detail of the agreements (and what was expected of them);
- were active in the business (it is not a passive investment);
- took pride in the services they were providing;
- communicated openly, regularly and positively; and
- built strong relationships with owners, committees and other key stakeholders;
You can read a copy of her article here.
Mahoneys is one of Australia’s leading management rights law firms, with a team of industry-leading lawyers, that has supported the management rights industry for over 20 years.
The firm, and it’s lawyers, have been recognised
– in Doyle’s Guide to the Australian Legal Market and Best Lawyers in Australia for Property Law; and
– at the recent ARAMA – Australian Resident Accommodation Managers Association – awards, being named Service Provider of the Year.
Feel free to contact our dedicated management rights team if you need assistance buying, selling or running a management rights business.
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