GrowHOST was born out of the desire to bring professional Hotel Industry expertise to the Holiday Letting sector and help investors make the best possible returns on their investment.
Whether you’re a ‘Mum n Dad’ investor on your first go round, or you’re a seasoned pro, maximising the net returns on your bricks and mortar is our priority.
What we’ve achieved so far…
(we're not perfect!)
We don’t have a ‘secret sauce’, but we do have the skill, experience and determination to deliver on growing your Net Revenue Performance
Accommodation marketing is different to what all the SEO and digital marketing gurus out there are claiming. We get this, and we pull the right levers creating a clear path to the efforts that matter.
From Google to Trip Advisor to the multitude of tourism directories and websites, we know how to get your property found.
Years of experience in selecting and optimising online travel agent sites and getting the right mix of direct and third party bookings ensures we can turn on the booking tap for you.
We are masters at building demand. This is our craft, build a base then strive for more always keeping an eye on the optimal price point.
Using our decades of revenue management experience we use finely tuned dynamic pricing strategies and market demand analysis to always be selling your property for the right price at the right time.
Not only do we HOST, we also make sure you GROW. Partner with us, to make your investment dreams come true! If your looking for off-the-chart positive cash flow, then look no further.
A focus on revenue management, room sales, channels, distribution, pricing & digital marketing to ongoing engagement for hotel revenue & yield management services as well as a sales development & training program. The partnership with Andreas & Michael has been beneficial in so many ways to our hotels – they want our hotels to grow and achieve just as much as we do!
Michael & Andreas helped us to take a step back and review our business with a fresh set of eyes and ideas. They were very easy to work with and very proactive in their approach.
Hotel Strategy has provided us with a level of insight into our accommodation business backed by data and experience…they know the accommodation industry well and are valuable sounding boards…extremely easy to work with, pro-active, patient, collaborative in their approach and readily available to assist. Since engaging…we have seen some of our highest grossing months ever on the accommodation business
What sets us apart is our ability to go beyond just property management, and treat your investment like our own, using our hotel performance improvement expertise.
We are here for those with the “investor mindset”. Those looking to make significant gains in wealth creation using property investing as the corner stone of their strategy.
You already know, that it’s a good idea to invest in real estate. You’ve seen how over the years, bricks and mortar is a reliable and proven method for building wealth. Perhaps you’ve read some of the books from the ‘gurus’.
You know all about buying at the right time, buy and hold, cashflow positive, negative gearing and all the strategies to help you on the ‘fast path’ to financial freedom.
But what if you desire even greater and faster gains? Of course, you’ve thought about doing the whole ‘Airbnb-thing’ (otherwise, you wouldn’t be on our website would you?).
How hard can it be right? Yes, the short-term rental game can seem lucrative, but there are many traps and pitfalls creating increased risk.
You’ve got increased capital and operational costs. You need to tastefully furnish the place and become a professional photographer. Upload your photos onto AirBnB and create your listing. You need to become available around the clock for booking enquiries, check-ins, maintenance calls, guest complaints. You have to become an expert in hotel marketing and what about all those hotel booking sites? Once you get into it you realise it is not as easy as just popping up a listing on AirBnB.
You need to fill the place, you need to get the best price. Not getting enough exposure so now you’re wrangling with the likes of Booking.com, Wotif, and Stayz
Next thing you need a booking system, or as we call them a PMS (Property Management System). Then there’s the cleaners, the linen companies and let’s not forget the guests and the ever changing legislation around short-term rental and local council compliance issues.
Wow, maybe a long-term tenant isn’t so bad?
Maybe a buy & hold approach was right after all. You’ll just have to wait 10,15, 20 years get that capital gain.
But what if you could get the high occupancy and the premium rates, consistently, with someone by your side to not only deal with the day-to-day operations, but literally take all the headaches associated with short-term rental away?
What if you could just wait for your monthly report to come through showing large amounts of cash being deposited into your investment account, and you haven’t had to speak to a single guest, or even lift a finger when it comes to marketing and distribution.
Choose the package that best suits you
FROM 20%
FROM 14%
We are a collaboration of industry specialists in hotels, real estate, property management, onsite management rights, guest services, websites, SEO, PPC marketing, revenue management and distribution. We offer a high performance property management service that uses our collective strengths to ensure your investment property will perform well above market averages.
Our typical management fee is 20% under our Grow and Host package. This is our complete package where we take care of absolutely everything.
In short, yes. Currently we have a strong presence with feet on the ground in SE Queensland offering an entire end to end service. Outside of this, the other alternative is the Grow Only package at 14% which allows customers to co-ordinate their own cleaning, linen and maintenance. We still handle all the guest bookings and contact using our marketing systems. This means people can still use our high performance system in locations where we don’t have feet on the ground.
Cleaning and maintenance is paid for by the owners on top of the management fee, however, a lot of PM companies are not very transparent about these costs. We like to clearly communicate the cleaning charges upfront, as well as providing a forecast of anticipated annual costs using, occupancy and length of stay estimates to give you a more reliable forecast of cleaning costs.
We can provide an initial estimate of not only forecasted gross revenue, but a net revenue forecast accounting for cleaning costs and management fees. This will provide you with a more accurate figure for you to assess if short term rental will be positive option for you.
Firstly we are industry professionals with skills across a multitude of sectors. We combine our hotel data analytics, property management and marketing skills to create your customised forecast. We use market place data, combined with our industry experience to create 3 tiers to your forecast. Firstly, we establish a ‘Target’ bare minimum expectation which is typically marginally above market performance. Then we create a ‘Growth’ and a ‘Stretch’ forecast indicating where we more realistically expect you to perform. We could even do better, but we don’t want to over promise anything, do we?
Yes, however if you don’t already have good quality, professional photos we will definitely assist with this. Also we can help with dressing up your property before any photo shoot, to make those finishing touches. You images are extremely important, let us help you get this part right.
This is our craft. We are Holiday Letting Experts with years of experience in Hotel performance management. We are applying these learnings to the holiday letting sector and maximising returns for investors. We are also well versed in managing guest expectations which underpins the return guests and positive reviews helping to spread the news about our properties. With real estate agents you get property management. With us, you get property management on performance steroids!
Anyone can match the market,
it takes skill to beat the market!
If you think it’s time to engage a new Property Manager, why not pick one who has the smarts to make your investment really grow.
