09 Aug 2022
Words Staff Writers Resort News

Best year in business in four decades with $385 million worth of sales

Australia’s longest established and most experienced specialist agency in the accommodation and hospitality sector notched up a record $385 million in sales last year – a record for the 37-year-old company.

ResortBrokers, which boasts brokers in every Australian state and territory, is celebrating a 43 per cent increase in sales for the 21/22 FY. 

Other key statistics include listings up 21 per cent; enquiry up 14 per cent; and inspections up 10 per cent. 

ResortBrokers Managing Director Trudy Crooks cites an increased desire in a post-COVID world by buyers wanting to run their own business and be their own boss, as one of the major reasons behind the increase. 

“The accommodation industry still represents good value as other asset types have tightened,” she says. 

“We are across the country with lots of feet on the ground – we have 30 brokers around the nation – and as focus continues on the regions we possess that local knowledge to help buyers and sellers. 

“There are also lots of commercial players – the big groups and hotel brands – buying up accommodation around the country which is driving demand.” 

Ms Crooks says FY22/23 looks even more promising. 

“We will see more of the same excellent results,” she says. 

“There is still a lot of pent up activity with demand for properties in places like the Gold Coast at an all-time high. 

“At the same time, the regions will continue to stay strong.”