As an industry, it is important to recognise the significant role we all play.
Our Management Rights industry is the largest accommodation provider in the country, with over 150,000 beds being occupied per annum.
Recent statistics indicate 40% of Australians now live in Community Title Schemes and it is estimated that within the next 30 years 65% of Australians will reside in these schemes. Many of these communities will be managed by an Onsite Resident Manager.
The Management Rights industry manages beyond $15 billion in property assets with around $55 billion in economic benefit back into the Australian economy each year.
With approximately 38,000 guests availing of onsite resident managed accommodation every night, maintaining a high level of guest satisfaction and ongoing competent maintenance of these properties is key to the sustainability of the Management Rights industry model.
Property Bridge 2024
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