25 Nov 2025
Words The Hotel Conversation

ResortBrokers launched its fourth annual Management Rights Report

National accommodation property agency ResortBrokers launched its fourth annual Management Rights Report last week to a packed house of 130 attendees at Victoria Park, Brisbane.

A key finding of this year’s report is the number of management rights businesses run by hands-on owner-operators, which account for roughly two-thirds of management rights businesses nationally.

“This demonstrates the management rights industry is still at its core a family industry,” says ResortBrokers’ Director Alex Cook, one of the report’s co-authors.

“Though we’ve increasingly seen a corporatisation of the sector by way of recognised national brands and operators, as well as an array of private operators, the industry largely remains a family concern of thousands of small operators.”

“In general, the management rights model encourages onsite living, ensuring operators are always present and have a vested interest in the strata community. This differentiates it from other accommodation models where the manager generally lives offsite.”

The 2025 report found that approximately a third of management rights businesses are operated under management, with the owners of the management rights employing property managers, receptionists and caretakers to carry out day-to-day duties.

The report also found in the family end of the market that returns on investment remained unchanged for properties with a unit, and increased for those without a unit, despite lower multipliers.

“We’re finding that multipliers are often being tweaked down to allow for increasing real estate values. Even though multipliers may be lower, the overall value is similar or higher, particularly in the sub-$600,000 net profit brackets,” says Josh Mangleson, report co-author and head of RB Research, ResortBrokers’ research arm.

“This is arguably the strongest emerging industry trend in 2025— that the overall return on investment of management rights assets is becoming a stronger barometer of value than multipliers.”

“This appears to be confirmed by the qualitative part of our analysis — the operators survey. Only 15% of survey responders believe the value of their business has declined over the last year, while over 60% of managers believe the value has increased.” END