FROM THE EXECUTIVE DIRECTOR of ACQUISITIONS
Welcome to ADVANCE, Mantra Group’s quarterly communique to the hotel investment community. This edition, we compare Mantra Group’s performance against market outcomes, reveal our latest hotel openings, and hear from our CEO, Bob East, following the release of Mantra Group’s FY16 results.
With a portfolio of 126 hotels and resorts across all Australian markets, and a presence in New Zealand, Bali, and Hawaii, it is crucial that Mantra Group tailors the execution of our operating platforms to suit the environments in which we do business. Central to this approach is our constant analysis of Mantra Group’s performance against our direct competitors and the broader market, such as the following examination of FY16 hotel occupancy data.
This chart illustrates Mantra Group’s above-market performance in major Australian destinations, where the averaged outcomes of our combined BreakFree, Mantra, and Peppers portfolios have been benchmarked against STR Global whole-of-city data. Such pleasing outcomes are the result of a combination of numerous important factors, though none are more central than the profile and reach of our brands, achieved through best-practices in sales, marketing, distribution, and yield management.
These, and other solutions, will be gladly expanded upon by our experienced development and acquisitions team, who are expert in their approach to deploying the full range of hotel operating models across all Australian markets and abroad.