managing director – Mino Warabi http://mino-warabi.com/ Sat, 26 Mar 2022 04:54:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://mino-warabi.com/wp-content/uploads/2021/10/cropped-icon-32x32.png managing director – Mino Warabi http://mino-warabi.com/ 32 32 Vacation rental owners – return of the coronavirus https://mino-warabi.com/vacation-rental-owners-return-of-the-coronavirus/ Mon, 07 Feb 2022 12:26:38 +0000 https://mino-warabi.com/vacation-rental-owners-return-of-the-coronavirus/

COVID has brought many closer to home for holiday destinations and Sarah Tucker, founder and managing director of The Mortgage Mum, believes holiday rentals have restored people’s love for the UK.

She explained that the vacation rental market has seen a drastic increase since COVID, but she believes that once the world returns to normal, demand will continue.

Tucker said: “I think people have fallen in love with the UK all over again, and it’s going to be a long time before everyone is comfortable going overseas.

Knowledge bank adds West One BTL criteria

“There are so many areas of the UK that are beautiful tourist hotspots and many are already fully booked for next year. This must be a good space for an investor’s money.

Due to the surge in demand, Tucker said vacation rentals have come to the minds of investors. When looking at return on investment (ROI), there are many factors to consider, but generally a good vacation rental can earn you as much in a week as you could earn in a month from a buy-to. – let.

A vacation rental owner earns on average up to 30% more return than their rental counterparts, and it is estimated that they will deliver an 8% return per year, while rental investors are aiming for a return of around 6 %. , Tucker explained.

The average occupancy of a seasonal rental is between 20 and 24 weeks per year. But high-performing properties in popular locations can reach over 40 weeks booked.

Tucker added: “A good profit target if you don’t have a mortgage or rental costs is 50%, but most people will use a mortgage and have rental costs deducted, in which case you could aim for 30%.”

Looking at the best approach, Tucker said buying a vacation rental in an area with an expected investment is a wise move.

“The big payoff is buying a property in an area that’s becoming popular. At the moment, for example, there is an area in Wales that is being tipped for the next big Center Parcs-style resort,” Tucker added.

Investing in properties around this area could potentially give you huge appreciation, especially if you buy a run-down house in an area that is starting to attract people in the future.

Overall, Tucker thinks an investor’s primary goal for a vacation rental is to be clear about the appeal to the people staying there.

She explained, “Why would people visit this area for one week rather than another? You should also consider the competition if it’s a tourist hotspot – don’t get into a price war.

Moving on to the downsides of vacation rental property, Tucker went on to say that a vacation rental is generally more expensive to purchase than a long-term rental property, and that mortgage rates are also generally more expensive. students.

Additionally, it is common for the down payment for vacation rental properties to be large, especially if there are renovations planned.

However, the more you invest in fixtures, accessories, and other touches, the more your guests will be willing to pay.

Tucker said investors also need to think about housekeepers and those responsible for managing the property.

“You might also need a rental agent, who will typically charge you 20% to 30%, compared to 13% for rental purchases,” Tucker said.

There will also be an initial delay while the property is furnished and the managing agent collects all photos and advertises them. Also, building a good reputation can take some time, so initial demand may not be where it is expected. Because of this, returns aren’t necessarily going to come right away. An investor can also expect more wear and tear on a vacation property than a buy-to-let.

There are currently 29 lenders for short-term rentals, according to Tucker, so she said it’s getting better and more popular than before. However, there are not as many lenders to choose from as for a buy-to-let.

Tucker went on to point out that managing a vacation rental can be time consuming compared to owning it.

She concluded: “You have to make sure you get good reviews and make sure it’s cleaned and prepared properly for customers.

“Running your vacation rental business can sometimes be a full-time job if you don’t have an agent to answer inquiries, do marketing, adjust prices, register, cancel, make complaints, respond to negative customer feedback etc.

“Overall, I think this area of ​​the market has promise and we should talk about it.”

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Rental Mortgage Guide for Rentals and Vacation Homes https://mino-warabi.com/rental-mortgage-guide-for-rentals-and-vacation-homes/ Tue, 28 Dec 2021 09:02:26 +0000 https://mino-warabi.com/rental-mortgage-guide-for-rentals-and-vacation-homes/

  • We earn commission for products purchased through certain links in this article.

  • This guide to home loans will help you if you are considering buying a second home or vacation property. If you are lucky enough to be able to do so, you can rent it out to paying guests to increase your income.

    More than 770,000 families in England own a second home according to the English Housing Survey 2018-19, the most recent year for which official statistics are available. Of these, almost 40% use their second pad as a vacation home for themselves, friends or to rent to vacationers.

    It’s not hard to see why. You can earn thousands of dollars each year depending on the charm and location of your vacation home. It could be an investment that generates regular income and long-term gains, if house prices rise. Or the income could help you cover the cost of a mortgage on the property, while still leaving you free to use it at other times.

    Rental Mortgage Guide for Rentals and Vacation Homes

    If you fancy making money with your hole in the country or your pied-à-terre in the city, here are some helpful rental mortgage buying tips to get you started.

    Choose your property and location

    The year-round scenic destinations that are attractive and accessible to large populations, such as the Peak and Lake Districts and the Cotswolds, are a plus for vacationers. North Wales and the Welsh borders are also popular locations, according to Luxurycottage.com.

    Think about how easy it is to get to your property using different transport links and how close your home is to attractions or the coast. If your home is near a beach or within walking distance of tourist hot spots, you may charge more.

    City lovers might want to invest in an urban pad. Last year, an analysis by Vanquis found that the three most profitable cities to be an Airbnb owner were Cardiff, Belfast and Manchester.

    Image credit: Future PLC / Anya Rice

    Personal keys and premium clients

    You will have to go the extra mile to attract quality guests and charge extra. Vacation homes positioned as upscale getaways can generate up to 2.5 times the income of a standard property.

    Luxurycottage.com Managing Director Alistair Malins said: “Every guest wants to feel special when they are away and little touches like a basket of local produce or a bottle of wine on arrival really help put the spotlight on. tone of their stay.

    “Being able to enjoy some of the luxuries you don’t have at home, like a hot tub, sauna, or warming up by a wood stove, adds to the authentic experience of staying in a luxury home. “

    Set your rates

    Talk to local rental agents to find out the going rate for properties like yours. Ask how long is the booking season and what rates you can charge in high and low season. However, the amount you can charge will depend in part on the quality of your online reviews.

    In your first year of receiving reviews, you may want to list your property at a reduced price in order to attract vacationers and garner positive reviews.

    Your property may not always be rented out, especially outside of the holiday season. So if you have a mortgage on the house that you plan to pay off with rental income, factor in some empty periods in your calculations.

    Advertise your vacation home

    Airbnb is one of the most popular platforms used by vacation home owners. You pay around 3% per booking to use the website. You are responsible for managing your own reservations and responding to customer inquiries. Similar websites include Booking.com, Cottages.com, and VRBO.com, formerly known as HomeAway.

    An alternative is to pay a real estate agent to market your property, handle guest administration, and maximize rentals for you. Agents tend to charge between 15% and 20% of each reservation.

    A gray sofa in a living room with a large wooden coffee table and green wallpaper

    Image credit: Future PLC

    Tax treatment

    The income you earn by renting your vacation home is taxable. You will need to report this on your annual income tax return. You will then pay income tax at 20%, 40% or 45%, depending on whether you are a taxpayer at the base rate, the higher rate or the additional rate.

    Luckily, you can enjoy many tax benefits on your vacation home if it meets the furnished vacation rental rules. The main rules to remember are that it must be available for rental at least 210 days per year and for paying customers 105 days per year.

    If you meet the conditions, you can deduct expenses such as:

    • Mortgage interest charges
    • Advertising or property management costs
    • Cleaning and maintenance
    • Utility bills
    • Welcome pack items
    • Insurance premiums

    You can also get tax relief on items such as furniture, accessories and equipment purchased to increase the value of your vacation home.

    Setting up your vacation home the first year can get expensive. Don’t worry, you can carry any loss forward to the next tax year for tax purposes.

    Here are some other tax benefits:

    1. Small business rate relief – owners of seasonal rentals must register for the professional rate rather than the housing tax. However, you may be eligible for small business rate relief, which means you pay nothing at all. Call your town hall to find out if you are exempt.
    2. Wear allowance – you can claim tax relief on national items that you have replaced because they are no longer usable.
    3. Pension contributions – the profits you make from your holiday home are eligible for additional government tax when they are paid into your pension fund.
    4. Capital gains tax – when you sell your property, you may be entitled to contractor relief, turnover relief or retention relief.

    It is advisable to speak to an accountant for tax advice.

    Mortgage and insurance specialist

    You will need a specialized vacation mortgage which typically requires a 25% down payment. It’s best to speak to a mortgage broker who can find you the best mortgage rates for your situation. Specialized insurance is also essential. Current home insurance will not cover your needs, as there is an increased risk of damage and theft.

    You may also want liability coverage, which insures you if a guest is injured on your property. Price comparison sites will allow you to search for specialized covers.

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    Cruise ship selling homes for owners to travel the world at sea https://mino-warabi.com/cruise-ship-selling-homes-for-owners-to-travel-the-world-at-sea/ Sun, 12 Dec 2021 08:00:00 +0000 https://mino-warabi.com/cruise-ship-selling-homes-for-owners-to-travel-the-world-at-sea/

    A residential cruise ship promises the experience of traveling the world from the comfort of your own luxury home on board – including an $8 million two-story penthouse.

    Storylines said it was selling the new homes aboard its residential cruise ship – a 741-foot-long, 450-crew, 55,000-ton MV Narrative.

    The ship will allow its owners on board to circumnavigate the globe every three and a half years, spending approximately three months in each geographic region and an average of three days in ports of call, according to Storylines Managing Director Alister. Point.

    “Destinations are determined with input from our resident owners as part of their global lifestyle,” he told The Sacramento Bee in an email. “The concept is different from a vacation cruise ship around the world, which typically spends hours in each port with many days at sea to complete a circumnavigation of the globe in a few months. The narrative route will be announced closer to the navigation with a plan to “follow the sun”.

    There are 547 residences on board ranging from 237 square feet to 1,970 square feet, Punton said. Homes range in price from around $300,000 for an interior studio to $8 million for a two-story penthouse, with a limited number of 12- and 24-year rental options available.

    The residences are expected to sell out next year and the ship is expected to set sail in 2024, according to a Storylines representative. There is no home port for the vessel, which is currently under construction in Croatia and will depart from that country, the representative said.

    Here is an excerpt from The Bee’s recent interview with Punton:

    Q: Where did the residential ship concept come from? What motivates him? And are there other ships like the MV Narrative on the market or coming on the market?

    PA: “Storylines realizes that many people have put their thirst for adventure on hold to build a career, care for children, or pursue other interests that temporarily interrupt the part of their life story whose they dream the most. The concept is for people to have unique, memorable and life-changing experiences while traveling the world from the comfort of their homes. The result is the creation of a vessel for residential living at sea which allows citizens of the world to live a healthy and active life of freedom and adventure while maintaining their professional and family lives.

    “The concept was born with The World ResidenSea, which has been traveling the world for 20 years now. Other private residence yachts and vessels currently under construction include Njord and Somnio with another, Blue World Voyages, which is a hybrid ship with vacation cabins and private residences.

    Q: What else can you share about the ship and its residences?

    PA:They are designed in Europe by Tillberg Design of Sweden and most have balconies for cool sea breezes. They use flexible furniture, some of which have pull-out beds to make the most of the space for day and night use. They offer many thoughtful storage solutions.

    “Storylines places a high priority on health and well-being, with one of the largest wellness centers at sea. It has all the usual fitness equipment, plus spa treatments, meditation, salt room, infrared saunas, whirlpool, steam room, wellness modules, on-demand streaming workouts and, of course, yoga classes, pilates, zumba and other live classes, most of which are available 24/7.

    “Another priority is environmental sustainability. Storylines MV Narrative will be one of the greenest passenger ships at sea. As a residential ship, not a vacation ship, we can make different choices, and as a more nimble business, we can implement new technologies immediately. Everything on the ship is reusable or compostable, so you won’t find single-use items such as ketchup packets, individual yogurt containers or plastic water bottles. We have strict goals to produce very little waste, which is just one example in a long list of sustainability initiatives. Another uses liquid natural gas (LNG), the cleanest fuel available for ships today.

    Q: What are the dining options on the ship? And do the residences also have kitchens?

    PA: “There is a plethora of multicultural dining options ranging from Mediterranean cuisine to Japanese, vegetarian options, a steakhouse, a poolside grill and a fine dining restaurant for al fresco dining under the stars. Emphasis is placed on using fresh, local ingredients. We also have a fast food aisle for Asian dumplings and other street food. Small restaurants include an oyster bar, fresh juice bar, gelateria, chocolatier, cafe serving fair trade organic coffee and loose leaf tea. Of course, we have plenty of bars and lounges, including a wine cellar where residents curate the selection and fine wines are available on tap. We brew our own craft beers in the microbrewery and residents can treat themselves to the ambient cocktail bar near the theater. Our Champagne Bar and Whiskey Lounge offer 180 degree floor-to-ceiling views of the ever-changing landscape. There are poolside bars and cocktail bars on all the terraces to enjoy a refreshing drink while lounging and admiring the view. What you won’t find are buffets.

    “Storylines residences have kitchenettes. MV Narrative’s smaller residences have a bar counter with a refrigerator, cabinets, coffee maker, and toaster. Larger residences also have a bar sink and additional appliance options including wine fridge, freezer, dishwasher, induction hob, etc. On one of the upper decks, there is an open “show kitchen” for cooking classes and guest chef demonstrations where residents can also cook while entertaining.

    Q: Are the amenities of the MV Narrative the same as those of a regular cruise ship?

    PA: “Scenarios” MV Narrative is specifically designed for residential living, not the high turnover of thousands of guests coming and going each week. There are similarities such as a spa, theater, dance floor and art studio, but we also have many amenities that cruise ships do not have such as a private marina, hydroponic garden, food markets, education programs for children and young people, a post office, library, bank and all that one may need for his daily life. We have lots of fun bonus amenities including pool tables, bowling alley and golf simulator with pro shop. We also have extensive commercial facilities including co-working spaces, private offices, recording studio, meeting rooms, event spaces and conference centers for our executives working onboard.

    “Storylines encourages an active lifestyle. We offer a lap pool, pickleball court, golf simulators, bowling alley, bicycles, personal watercraft such as kayaks and paddle boards, and an outdoor running track. It’s right on the ship and there are many more opportunities for trekking, biking, rock climbing and adventure sports in stunning locations around the world.

    Q: Is it like a timeshare? How? ‘Or’ What? Or how is it not?

    PA: “No, Storylines does not offer timeshares. There are a limited number of rental options (over 12 or 24 years) but residences are primarily purchased for cash. There is no limit to the time a owner can occupy the unit. Unlike a timeshare, many of our owners plan to live in their home at sea 365 days a year. For our owners who do not plan to be on the ship full time, they can choose to lend their home to friends and family or rent it out through our Guest at Sea program.

    Q: What do the buyers actually own when they buy the residence?

    PA: “It is a lease agreement with occupancy rights for a fixed term up to the full life of the vessel. With an outright purchase, resident owners benefit from a perpetuity clause, meaning they can move to a new residence on a future ship without additional purchases, making them a long-term investment.Residences can be rented or sold, just like any other real estate investment, and are transferable assets as part of an estate.

    Q: Are there medical/dental/visual resources on board?

    PA: “Yes. With Storylines, you will lead a healthier, happier, and longer life. Storylines has a full medical team with proven skills in preventative care, general medicine, and emergency medicine. The team includes a general practitioner trained in emergencies, a doctor of preventive medicine, a pharmacist, a pathologist, a nutritionist, an acupuncturist, a beautician, a physiotherapist, a dental hygienist, nurses, assistants and technicians Other specialists are part of our community of residents and offer their services in addition to our full-time staff, a support staff of personal fitness trainers will also be available.

    “There are health kiosks and gamification of physical activity monitoring in order to achieve our ambitious prevention goals and we have already started our wellness program by sharing our digital wellness content.”

    ▪ ▪ ▪

    The profile of a typical Storylines residence owner ranges from young families to early retirees, Punton said.

    “Storylines has a lot of solo travelers and entrepreneurs who can work from anywhere in the world,” he added. “Our community of like-minded residents is well connected to our founding principles.”

    He said those principals include:

    • “We are not sailing. We discover.”
    • “We are not on vacation. We are a way of life.
    • “We don’t have itineraries. We have experiences.
    • “We don’t observe. We participate.
    • “We are not a demographic group. We are a state of mind.

    “Storylines Resident Owners are global citizens who call the world home,” Punton said.

    This story was originally published December 11, 2021 4:00 a.m.

    David Caraccio is a video producer for The Sacramento Bee who was born and raised in Sacramento. He is a graduate of San Diego State University and a lifelong journalist who has worked for newspapers as a reporter, editor, page designer, and digital content producer.

    ]]> Bay of Plenty accommodation providers expect to be ‘all out’ this Christmas https://mino-warabi.com/bay-of-plenty-accommodation-providers-expect-to-be-all-out-this-christmas/ Fri, 10 Dec 2021 08:00:00 +0000 https://mino-warabi.com/bay-of-plenty-accommodation-providers-expect-to-be-all-out-this-christmas/ Mount Maunganui Beachside Holiday Park gets pretty full over the New Year period. Photo/NZME

    ”Tauranga is absolutely open for business. ”

    It’s the cry of a business advocate as the city’s accommodation providers roll out the red carpet for the Christmas holidays.

    Ōhope accommodation was also quickly booking up while the rulers of Ōpōtiki and Whanganui discouraged Aucklanders from visiting their districts.

    According to Airbnb, Tauranga was the most popular destination for Kiwi guests this summer.

    Mount Maunganui came fourth on the same list.

    Airbnb’s country manager for New Zealand and Australia, Susan Wheeldon, said Kiwis are showing incredible enthusiasm for exploring their own backyards.

    “We are particularly seeing an increase in interest in regional areas within driving distance of major cities, and this includes places in the Bay of Plenty region such as Tauranga.”

    Wheeldon said ads that bring customers closer to nature have grown in popularity.

    “Unique listings such as treehouses, cabins, miniature houses and farm stays are all highly sought after, as well as tarps designed to relax and unwind,
    with everything from scenic views to outdoor baths.”

    Tauranga is the most searched Airbnb destination for Kiwi guests this summer.  Photo/NZME
    Tauranga is the most searched Airbnb destination for Kiwi guests this summer. Photo/NZME

    According to Airbnb data, searches by Kiwis for staycations in New Zealand over the summer more than doubled in the 24 hours following the announcement of the Auckland border on November 17.

    Accommodation providers in Ōhope and Mount Maunganui expected to be busy during the summer season.

    Mount Maunganui Beachside Holiday Park receptionist Aaron Nikora said the park was busy and their on-site cabins and caravan parks were full.

    “We are also quite full for the New Year period.”

    “The majority of our bookings are holidaymakers from out of town, Auckland and Hamilton staying for long periods.

    Ocean Waves Motel manager Hardeep Kaur said after “a very bad year” she was looking forward to a busy summer despite the “many cancellations” due to the no-vaccination and no-vaccine policy. motel stay.

    “It was not good at all commercially. [Now] we are definitely busy over the Christmas and New Year period.”

    Matt Cowley, Managing Director of the Tauranga Chamber of Commerce.  Photo/NZME
    Matt Cowley, Managing Director of the Tauranga Chamber of Commerce. Photo/NZME

    Tauranga Chamber of Commerce chief executive Matt Cowley said most accommodation providers in the West Bay were welcoming the wave of domestic visitors who flocked to the beach during the summer.

    “Tauranga is absolutely open for business.”

    Cowley said that while some accommodation providers were having a quiet start to December, many had a good pipeline of bookings for the first half of next year, including more business bookings thanks to the removal of the border. ‘Auckland.

    “Aucklanders have been locked down for over 100 days. Although Aucklanders have been able to click, collect and shop online, many have been saving money during the lockdown to afford a nice summer break.

    “There are many entertainment venues and businesses in West Bay that want to give visitors a good time.”

    In the eastern Bay of Plenty, Ōhope Top 10 holiday park owner Ian Smith said he and his staff were “out there”.

    Ōhope Top 10 Holiday Park, Ian Smith, said he and his staff were "flat." Photo/NZME
    Ian Smith, owner of Ōhope’s Top 10 Holiday Park, said he and his staff were “out there”. Photo/NZME

    “Bookings are good. We look solid for this summer.”

    Smith said the company will implement a no-vaccination, no-stay policy starting next week.

    The park had undergone a thorough health and safety audit to see how it could safely meet its capacity of 3,000 guests and had decided the policy was the best way to operate.

    “There are people who are happy and said it made them feel better. For every cancellation, we have a new booking,” Smith said.

    “The positive feedback outweighed any negativity.”

    Smith said he viewed the vaccination pass as a need for a driver’s license or passport to travel abroad.

    Meanwhile, the Ōpōtiki District Council was backing calls from iwi leaders to try to stop Aucklanders from traveling to the district.

    A Whanganui iwi chief was also pleading with holidaymakers to reconsider their plans to visit the area this summer to protect its communities from Covid.

    ]]>
    “We could not have become factory owners if the country was not independent” https://mino-warabi.com/we-could-not-have-become-factory-owners-if-the-country-was-not-independent/ Fri, 12 Nov 2021 12:35:02 +0000 https://mino-warabi.com/we-could-not-have-become-factory-owners-if-the-country-was-not-independent/

    Matur Rahman: Where did you find the courage to create factories? It takes courage to initiate such an enterprise.

    Fazlur Rahman: To be honest, I didn’t have the courage. Pakistani businessmen spread white sheets, cushions and did their business. They had safes, telephones. I wonder why we can’t do business if they can come here from Karachi. Our expenses were relatively less – we could live on stale rice or on gulgula (a traditional sweet). Rice, dal lentils and milk was the best food for us at home. I already told you that we would go to my maternal grandfather to have a good meal.

    Matur Rahman: What was your plan behind so many things?

    Fazlur Rahman: My business was actually very small. The bank loan was Tk 70-80 million in 1988. We had some savings. The flood that year flooded our warehouse. I thought some bags of mustard would rot but the remaining bags would remain unharmed. But I was wrong because all the bags were ruined. The putrid smell of rotten mustard spread everywhere as the floodwaters receded. It was extremely painful to clean the warehouse.

    We gave fifty thousand taka to the poor in the area so that they could survive after the flood. Our warehouse remained empty after the flood. We bought mustard again. Fortunately, mustard seed husks were in high demand that year. Bangladesh exported betel leaves to Karachi. Betel leaf (paan) plantations require mustard seed husks. The price of the husk exceeded that of the rice. We would keep the oil in drums. The demand for mustard oil increased that year, so we were able to repay the loans and break even.

    Mr. Hayatur Rahman was then Managing Director of Janata Bank. He was very affectionate towards me. I asked him what we would do if the flooding happened again. Give us a loan so that we can set up a soybean oil refinery. We got the loan. And our soybean oil refinery was established in 1992.

    Matur Rahman: What did you do then?

    Fazlur Rahman: We continue with that (laughs).

    Matur Rahman: We know you also own a tea garden.

    Fazlur Rahman: I was responsible for the sales of a tea garden. The person who was supposed to buy the tea garden informed after making the prepayment that they would not buy it. The seller then asked me to buy it. I paid the money and thus became the owner of the tea garden. Now I own three gardens, three in Sreemangal and one in Chattogram

    Matur Rahman: You then create an economic zone. One or two?

    Fazlur Rahman: Someone by the name of Abdur Razzaque helped me set up mills and factories. He would work on the investment board. He always wanted Bangalis to establish factories. He suggested that I buy more and more land. He would give me ideas. He always pushed me to develop the business. I created an economic zone in 2015 on land bought at his insistence. Abdur Razzaque was with me for 30 years but he couldn’t see the economic zone.

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    Rental lift as accommodation provider considers increase in stays https://mino-warabi.com/rental-lift-as-accommodation-provider-considers-increase-in-stays/ https://mino-warabi.com/rental-lift-as-accommodation-provider-considers-increase-in-stays/#respond Sat, 30 Oct 2021 10:00:00 +0000 https://mino-warabi.com/rental-lift-as-accommodation-provider-considers-increase-in-stays/

    Dave Cordner, Managing Director of Central Belfast Apartments, believes this trend is likely to last in the long term and therefore investing in quality accommodation is essential to develop and sustain the industry. It answers some of the most common questions asked by people interested in renting real estate.

    What would surprise people about renting their property?

    May a responsible management company allow you to earn excellent income from housing with services without having to do any work. I think a lot of people know about Airbnb / serviced accommodation but think it’s not for them because they don’t have the time or know how to manage it. It certainly takes a lot of work.

    It is very easy to start but very difficult to do well.

    Central Belfast Apartments do all the hard work for our guests which means they get all the perks of serviced accommodation (increased income, property professionally maintained and cleaned regularly, enthusiasm to be part of a tourism industry buzzing) without any hassle.

    Selling a weekend as serviced accommodation can make a landlord more money than a full month’s rent on a standard rental.

    What are the pitfalls?

    It’s such a steep learning curve for newbies. There are so many things that can go wrong. In my opinion, the biggest pitfall is trying to do everything yourself. Cleaning, linen, maintenance, communication with customers, etc. He will absolutely take your life in hand. Leveraging the skills and experience of other people is crucial if you want a business that makes you money and doesn’t waste your time. The first simple step is to outsource the cleaning, although it comes with its own set of pitfalls!

    Another pitfall is that people are looking for short term gains by accepting overnight stays. Even if they are at a higher rate. This is a common mistake.

    Overnight stays block your schedule and prevent longer, more profitable bookings from entering. They also have higher change costs for cleaning and laundry etc. Finally, with overnight stays, especially on weekends, you run the risk of getting party reservations. Our YouTube channel is full of little tips and tricks for beginners.

    How to find a fair and reasonable price?

    At Central Belfast Apartments we try to provide an exceptional experience for our guests. Go above and beyond in terms of customer service and the quality of the properties we offer, leading to great reviews and being ranked # 1 on TripAdvisor.

    This allows us to charge a premium because people are willing to pay a little more for added value.

    While there are always busy and quieter times during the year when our rates change, they are not as volatile as others who are forced to compete on price alone.

    Ultimately, however, the market decides what is a fair and reasonable rate.

    What is the return for anyone who reserves ownership and has issues?

    The most powerful tool available to customers when they have a problem is to leave a public notice. There is nowhere to hide in this industry. Often times things will go wrong, but what matters next is how it is handled.

    Providing exceptional customer service when something goes wrong can at worst stop a negative review and at best lead to a truly positive review.

    What are the most important factors when renting?

    1. Have the right property – location, finish and facilities.

    2. Provide exceptional customer service and genuine warmth.

    3. Efficient systems. For reservations, emails, cleaning, laundry, social media, marketing, etc.

    4. Exposure, making sure you are visible on all booking sites, social media, online marketing and direct booking sites.

    5. Protect your property – Monitor guests, take security deposits, do not accept short stays, and provide maintenance.

    Are there any misconceptions about renting a property?

    People are often obsessed with the occupation, but it is a measure of vanity and not always very helpful. For example, you might have 100% occupancy made up of overnight stays that would not be very profitable at all after paying all change fees.

    Another is that it is Airbnb. It is certainly the most well-known booking site, but there are many others that can outperform Airbnb in terms of where we get our bookings from.

    How long can you rent a property per month / year?

    Longer bookings can be incredibly profitable. Even at a much lower rate. This is because there are no empty nights, no frequent changes and often much better guests.

    Central Belfast Apartments is the market leader in serviced accommodation. To learn more or to talk to Dave about the management model, visit belfastairbnbmanagement.co.uk or search @centralbelfastapartments on social media

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    Rental lift as accommodation provider considers increased stays https://mino-warabi.com/rental-lift-as-accommodation-provider-considers-increased-stays/ https://mino-warabi.com/rental-lift-as-accommodation-provider-considers-increased-stays/#respond Sat, 30 Oct 2021 10:00:00 +0000 https://mino-warabi.com/rental-lift-as-accommodation-provider-considers-increased-stays/

    Dave Cordner, Managing Director of Central Belfast Apartments, believes this trend is likely to last in the long term and therefore investing in quality accommodation is essential to develop and sustain the industry. It answers some of the most common questions asked by people interested in renting real estate.

    What would surprise people about renting their property?

    May a responsible management company allow you to earn excellent income from housing with services without having to do any work. I think a lot of people know about Airbnb / serviced accommodation but think it’s not for them because they don’t have the time or know how to manage it. It certainly takes a lot of work.

    It is very easy to start but very difficult to do well.

    Central Belfast Apartments do all the hard work for our guests which means they get all the perks of serviced accommodation (increased income, property professionally maintained and cleaned regularly, enthusiasm to be part of a tourism industry buzzing) without any hassle.

    Selling a weekend as serviced accommodation can make a landlord more money than a full month’s rent on a standard rental.

    What are the pitfalls?

    It’s such a steep learning curve for newbies. There are so many things that can go wrong. In my opinion, the biggest pitfall is trying to do everything yourself. Cleaning, linen, maintenance, communication with customers, etc. He will absolutely take your life in hand. Leveraging the skills and experience of other people is crucial if you want a business that makes you money and doesn’t waste your time. The first simple step is to outsource the cleaning, although it comes with its share of pitfalls!

    Another pitfall is that people are looking for short term gains by accepting overnight stays. Even if they are at a higher rate. This is a common mistake.

    Overnight stays block your schedule and prevent longer, more profitable bookings from entering. They also have higher change costs for cleaning and laundry etc. Finally, with overnight stays, especially on weekends, you run the risk of getting party reservations. Our YouTube channel is full of little tips and tricks for beginners.

    How to find a fair and reasonable price?

    At Central Belfast Apartments we try to provide an exceptional experience for our guests. Go above and beyond in terms of customer service and the quality of the properties we offer, leading to great reviews and being ranked # 1 on TripAdvisor.

    This allows us to charge a premium because people are willing to pay a little more for added value.

    While there are always busy and quieter times during the year when our rates change, they are not as volatile as others who are forced to compete on price alone.

    Ultimately, however, the market decides what is a fair and reasonable rate.

    What is the return for anyone who reserves ownership and has issues?

    The most powerful tool available to customers when they have a problem is to leave a public notice. There is nowhere to hide in this industry. Often times things will go wrong, but what matters next is how it is handled.

    Providing exceptional customer service when something goes wrong can at worst stop a negative review and at best lead to a truly positive review.

    What are the most important factors when renting?

    1. Have the right property – location, finish and facilities.

    2. Provide exceptional customer service and genuine warmth.

    3. Efficient systems. For reservations, emails, cleaning, laundry, social media, marketing, etc.

    4. Exposure, making sure you are visible on all booking sites, social networks, online marketing and direct booking sites.

    5. Protect your property – Monitor guests, take security deposits, do not accept short stays, and provide maintenance.

    Are there any misconceptions about renting a property?

    People are often obsessed with the occupation, but it is a measure of vanity and not always very helpful. For example, you might have 100% occupancy made up of overnight stays that would not be very profitable at all after paying all change fees.

    Another is that it is Airbnb. It is certainly the most well-known booking site, but there are many others that can outperform Airbnb in terms of where we get our bookings from.

    How long can you rent a property per month / year?

    Longer bookings can be incredibly profitable. Even at a much lower rate. This is because there are no empty nights, no frequent changes and often much better guests.

    Central Belfast Apartments is the market leader in serviced accommodation. To learn more or to talk to Dave about the management model, visit belfastairbnbmanagement.co.uk or search @centralbelfastapartments on social media

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    Galgorm Collection plans to create a suite of new accommodation and thermal spa options https://mino-warabi.com/galgorm-collection-plans-to-create-a-suite-of-new-accommodation-and-thermal-spa-options/ https://mino-warabi.com/galgorm-collection-plans-to-create-a-suite-of-new-accommodation-and-thermal-spa-options/#respond Thu, 28 Oct 2021 10:30:00 +0000 https://mino-warabi.com/galgorm-collection-plans-to-create-a-suite-of-new-accommodation-and-thermal-spa-options/

    The North Irish hotel group Galgorm Collection has announced plans to create a suite of new accommodation and thermal spa options.

    Details

    Galgorm said: “Galgorm today announced plans to create a suite of new thermal spa and accommodation options within its 380-acre estate in County Antrim, which is part of a 10-year investment. million pounds that will create up to 50 new hospitality jobs over the next two years. .

    “This new investment marks the first phase of a £ 30million project to expand and improve the resort and spa facilities by 2027 and is Galgorm Collection’s latest move to secure the resort’s position in as a world-class international tourist destination, having already invested £ 60million since 2010.

    In addition to the expansion of the complex, Galgorm Collection has also committed to rolling out an enhanced benefit package for all eligible team members, including a £ 1million investment in care coverage premium private healthcare over the next five years as part of its continued commitment to invest in its people.

    “The announcement was welcomed by Economy Minister Gordon Lyons during a recent visit to the resort:“ I warmly welcome Galgorm’s expansion plans to increase its visitor capacity and provide an exciting new travel experience . I am delighted to see Galgorm Collection moving forward with new opportunities to expand its offering and solidify Northern Ireland’s position as a fantastic place to visit. the vital recovery already underway in this important and much appreciated sector.

    Colin Johnston, Managing Director of Galgorm Collection, said: “Over many years, we have invested heavily to make Galgorm an award-winning international and world-class tourist destination, and we remain firmly focused on investment and innovation to secure our global position. This latest £ 10million project will see up to 50 additional accommodation units added to the resort over the next two years, increasing our workforce and expanding the domain’s footprint. “

    “New for 2021 is the addition of a range of tailor-made shepherd’s huts, the first of which is now open to customers wishing to spend a unique stay in the great outdoors. Representing an investment of £ 2.5million, the area is set for further expansion, housing up to 18 cabins by summer 2022.

    “Nestled deep in the newly created ‘Secret Meadow’, the one-bed huts are equipped with all modern comforts, including a stove and mini-kitchen with hob, microwave, fridge, freezer, kettle , toaster and coffee maker for a comfortable woodland retreat. Each hut comes with its own outdoor tub and patio fireplace, perfect for discovering the healing and restorative benefits of the surrounding forest.

    “By extending its existing Cottage Suites, work will begin on a £ 2.5million project to add 23 new high-quality one-bed cottages. Cleverly designed with everything guests need for a comfortable stay, the Cottage suites are located in the resort’s serene grounds, and offer luxurious seclusion while being close to the main complex.

    “Plans are also in place to add five magical treetop huts in the middle of the forest, with the first opening next year for an investment of £ 1.5million.

    “There has been a real increase in demand for outdoor experiences and activities, as restaurateurs and visitors alike seek a connection with nature and the great outdoors. We are delighted to expand our offering in this space with the launch of a suite of unique accommodations From fishing and falconry to cycling, hiking, clay pigeon shooting and horseback riding, guests can now enjoy a different stay, but with the same luxury and first-rate hospitality that Galgorm is known for. because, added Colin.

    “The award-winning Thermal Spa Village will expand another two acres in a £ 2.5million project to add new hot and cold outdoor experiences, a second outdoor riverside pool to further expand the authentic Irish spa experience in a stunning woodland setting.

    “A further £ 100,000 has also been invested in a brand new spa suite. Featuring its own Jacuzzi, sauna and private access to the spa, the suite offers breathtaking views of the Maine River and offers guests their own slice of serenity for the ultimate relaxing escape.

    “The Linen Merchants is the latest addition to the resort’s residential accommodation which offers accommodation for up to 10 people, as well as a private outdoor hot tub, private garden with barbecue, two lounges and a spacious kitchen. ; the ideal option for a family stay – together.

    “Today’s announcement by Galgorm is another positive sign for the tourism and hospitality industry and portends future growth and recovery for the sector as a whole. Galgorm Collection has continued to innovate and build on its established reputation as a world class spa and golf resort over the past decade and I am delighted to see these ambitious new expansion plans progress. This investment will connect customers and visitors to the great outdoors in Northern Ireland, showcase our natural landscape and focus on maintaining environmentally friendly accommodation that will support the sustainable tourism economy of the future. ‘

    “For more information, please visit www.galgorm.com.”

    Success at the World Luxury Hotel Awards

    The above news coincides with the news that Galgorm has won three awards at the World Luxury Hotel Awards.

    In a separate statement, Galgorm said: “Galgorm won a hat trick of excellence awards at this year’s World Luxury Hotel Awards, solidifying the resort’s status as Northern Ireland’s premier luxury destination and elevating the region’s tourist references on the world stage.

    “Recognizing the world-renowned award-winning Galgorm Golf Course, which hosted the Irish Open and is home to the ISPS Handa World Invitational, the resort has been crowned ‘Best Luxury Golf Resort’ in Europe while also receiving the title of ‘Best Luxury Golf Resort Spa’ for the award winning and internationally renowned thermal and spa village of Galgorm.

    The resort’s 3 AA Rosette The River Room restaurant has also been celebrated for its exceptional cuisine, with chef Chris Rees winning Northern Europe’s ‘best chef’ award, testifying to his commitment to quality. exceptional and culinary excellence.

    “The 15the The World Luxury Hotel Awards were held this year in Mauritius and celebrate excellence in world-class hotel services, representing the pinnacle of achievement in the luxury hotel industry.

    “This year, Galgorm was one of five resorts in the world to receive the prestigious regional title and one of only three hotels on the island of Ireland to be officially recognized by the awards.

    Galgorm Collection Managing Director Colin Johnston said: “We are delighted to be recognized by the World Travel Awards for our continued commitment to excellence and outstanding achievements in the international luxury hospitality industry. and receive three coveted awards in our accommodation, spa and restaurant. offer.

    “As the region’s premier luxury tourist destination, we are committed to further developing our world-class hospitality offering and have invested heavily in the resort in recent years to expand our accommodation and spa offering and provide an unparalleled luxury experience.

    “The awards provide us with a chance to present our unique offering to a global audience and gain global recognition for our top-notch facilities and services, competing with some of the world’s most acclaimed hotels and promoting the Northern Ireland as a must. visit destination. ‘

    Voted by guests, travelers and industry players through an online public vote, the awards reflect the hard work and dedication of Galgorm’s exceptional team and unmatched service offering. .

    “In the presence of guests from all over the world, the awards ceremony took place at a prestigious ceremony at Trou aux Biches Beachcomber Golf Resort & Spa, Mauritius, on Saturday 9 October.

    World Luxury Awards Marketing Director Michael Hunter-Smith said: “We congratulate this year’s winners. True luxury is not easy to achieve. every customer feels taken care of and that no challenge remains unresolved. This is the definition of luxury. That’s what makes the winners shine. ‘

    “Over the past ten years, Galgorm has invested over £ 60million in its facilities. The investment has contributed to a string of accolades for the resort taking its place on the world stage as a luxury spa destination, beating the competition. of some of the world’s most iconic spa retreats.

    “Since 2019, Galgorm has radically transformed its offering, expanding its hotels and accommodations. This included upgrading from standard rooms to superior cottage suites and the introduction of three residences all with private hot tubs, which can accommodate accommodate between 10 and 12 people.

    The award-winning spa village has also been extended to three acres. A £ 2million investment in the resort’s spa village in 2020 included the opening of a new Palm House bar, vitality pool, spaces additional relaxation areas, saunas and hot tubs. and a brand new salt cave to welcome spa visitors. Galgorm was also recently named Best Spa Experience in UK and Ireland at the Condé Nast Johansens Awards for Excellence 2021 and crowned Resort Spa of the year at the World Spa & Wellness Awards 2020.

    “The resort has also hosted a series of global events including the World Luxury Spa & Restaurant Awards, host of the R&A and Patrons of the 148th Open Championship and host of the 21st National Golf Tourism Conference and Gala Irish Golf Awards 2018. ”

    © 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click on subscribe to subscribe to the Hospitality Ireland printed edition.

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    Jean Paul Gaultier ventures into vintage, renting on a new online store – WWD https://mino-warabi.com/jean-paul-gaultier-ventures-into-vintage-renting-on-a-new-online-store-wwd/ https://mino-warabi.com/jean-paul-gaultier-ventures-into-vintage-renting-on-a-new-online-store-wwd/#respond Tue, 26 Oct 2021 04:01:56 +0000 https://mino-warabi.com/jean-paul-gaultier-ventures-into-vintage-renting-on-a-new-online-store-wwd/

    Jean Paul Gaultier’s managing director Antoine Gagey calls the French house’s archives a gold mine, as they cover more than 30,000 pieces created by the beloved French enfant terrible during a fashion career spectacular 50 years.

    Now the brand is opening this bounty to the public by renting out spectacular runway looks as part of a revamped website that will also sell vintage selections, with the ultimate goal of reclaiming the resale business as an internal business. .

    Scheduled to go live on Wednesday, the site crystallizes the company’s new dynamic with its digital-first distribution model, the rotation of creative teams, drops instead of collections – and a return to ready-to-wear. , six years after the founder quit men’s and women’s rtw and 21 months after the acclaimed designer retired from the runway.

    In an exclusive interview, Gagey said his first rtw fly last May, a collection devoted to new interpretations of Gaultier’s favorite marine theme, actually sold out “within hours”, confirming strong interest in the brand and its new approach, which also included freewheeling collaborations, recycled items and “interventions” on clothing by the expert hands of the Gaultier tailoring workshop.

    “We thought there was potential, and we are very, very happy with our first results,” he said, citing the particular enthusiasm of consumers in France, the United States and the United Kingdom. .

    A unique couture collection by Chitose Abe of Sacai last July – the plan is to invite a different guest designer each season – was also a hit. A three-way collaboration between Jean Paul Gaultier, Sacai and Nike on a Vaporwaffle sneaker sold out in minutes, while rtw co-branded items in tandem with couture sold out within days.

    The new online store – with improved functionality and editorial elements – represents the brand’s main window to the world, a cutting-edge concept store blending an array of product categories, including fragrances, but without the usual screening of men and women.

    “We wanted it to be genderless. It’s a way of reaffirming that we are Jean Paul Gaultier, we are fluid between the sexes, ”said Gagey, speaking in the house’s couture salons designed by Philippe Starck.

    In addition, “we want to explore new ways of buying and living fashion by mixing on the same platform, on the same page, the new looks of our design studio, the design collaborations with some guests, the re-release of iconic and also vintage pieces, ”he said.

    For example, the new-look site will go live on Wednesday with a wide range of clothing based on the punk style, including tartan clothing, knits and jersey pieces sporting historic logos; a collaboration with New York-based outerwear company Schott around personalized vintage perfecto jackets and a range of products from Parisian accessory designer Stéphanie D’heygere, including tin bracelets and blade rings Shaver.

    A look of the new punk themed drop.
    Courtesy

    For true fanatics of the house, which has often glamorized smoking, there will also be limited edition resin ashtrays encrusted with artifacts from the tailoring shop like embroidered clothing tags, forgotten pins and cigarette butts. cigarettes.

    The ability to rent Gaultier rtw archives, including looks from the ’80s and’ 90s, opens up the designer brand to a much wider audience, with prices ranging from around 150 euros for a scarf to 700 euros for a dress. cage style evening.

    The service, set to launch soon, comes at a time when Millennials and Gen Z are starting to shy away from fast fashion in favor of sustainable basics, and are turning to vintage or rental for more experimental fashion statements.

    The initial cache of archival looks for rent includes several dresses incorporating the designer’s famous conical satin bra and a studded men’s denim outfit. Around thirty items should be available for hire initially.

    Jean Paul Gaultier cage dress

    This “cage” dress is one of the looks from the Jean Paul Gaultier catwalks that will be available for rental.
    Courtesy

    “We will renew the offering based on trends, for example if we see certain items in the vintage market evolve or expand,” Gagey explained. “The idea is to renew, to surprise the customer and to give him the opportunity to wear different Jean Paul Gaultier pieces that he will not be able to buy simply because he does not exist. These are samples.

    The executive said the intention is to keep the rental service fairly exclusive and not “take over the market”. It’s another way for us to explore and connect with the whole fan base, ”he noted.

    The Puig-owned fashion house began meticulously cataloging its archives – repairing, classifying, scanning and moving clothing and accessories to safe storage – about a year ago, and there is still work to be done.

    Gagey said the new site will launch with around 50 vintage items for sale, from private customers and dealers, with the ultimate goal of becoming the dominant dealer of the pre-loved Jean Paul Gaultier. He said discussions were underway with leading resale markets “on potential ways to work together. Why not get some help from them? But we want to manage the vintage business… It’s very strategic for us.

    Cuvée Jean Paul Gaultier

    A Jean Paul Gaultier spring 1998 look for sale on the brand’s new website.
    Courtesy

    The executive has shown keen interest in vintage Gaultier – and rising resale prices – on platforms as important as Vestiaire Collective and Depop, the latter renowned for its young audience.

    “I think the vintage market is the number one barometer for measuring Jean Paul Gaultier brand equity, especially for us as our business is restarting,” he said. “We have also noticed that some of the products that we have discontinued in the last two months, which were available in very limited quantities … are also resold in secondary markets, sometimes at 20 times the price we were selling a few weeks before on our platform.

    Examples include a navy striped tulle dress and t-shirt made in collaboration with daring rapper Lil Nas X, which Gagey compared to the current version of the hit Madonna collaboration of yore.

    Although digital remains the primary distribution vehicle for the renovated home, it plans to work with online and offline wholesalers for specific collection drops.

    For example, the new punk line will be sold in all Dover Street Market stores around the world, Selfridges in London, Galeries Lafayette Champs-Élysées in Paris, Voo Store in Berlin and Canadian e-merchant Ssense.com, which also offered the marine rtw drop theme.

    Gagey cited two main clientele: more mature, lifelong fans of the beloved French designer, and a younger generation who are now discovering the founding couturier’s revolutionary and inclusive fashions and eager to shop in accessible product categories, such as the jersey, with the new rtw drops.

    The children of Jean Paul Gaultier

    T-shirts with logo are suitable for all sizes from two months to 4XL.
    Courtesy

    Illustrating the house’s goal of reaching as wide an audience as possible – in keeping with the come-one, come-all ethic initiated by the founder – one of the logo t-shirts from the punk collection is available in sizes, ranging from two months to 4XL.

    Gagey noted that the next rtw drop is tentatively scheduled for March, while his second guest designer, Glenn Martens, will unveil an haute couture collection in Paris next January.

    SEE ALSO:

    Jean Paul Gaultier returns to ready-to-wear

    Jean Paul Gaultier is the ultimate fashion cinephile, an exhibition proves it

    Glenn Martens is the next designer to create Gaultier Couture

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    Wiltshire wedding venue expands accommodation with eco house https://mino-warabi.com/wiltshire-wedding-venue-expands-accommodation-with-eco-house/ Thu, 07 Oct 2021 07:00:00 +0000 https://mino-warabi.com/wiltshire-wedding-venue-expands-accommodation-with-eco-house/

    Wilthsire wedding venue has expanded its accommodation offering with the construction of eco-friendly accommodation as it anticipates an upsurge of events at its site.

    The Maundrell family has farmed in the countryside surrounding the village of Calstone Wellington, near Calne, for over 300 years.

    The sixth generation of Maundrell diversified Manor Farm’s source of income, having hosted weddings for up to 300 people for almost 15 years.

    The family has now overseen the construction of a sustainably designed building where up to 10 people can stay. The building is equipped with aerothermal heat pumps and solar panel technology to produce its own renewable electricity.

    Dubbed the ‘Maison Hygge’, inspired by the Danish concept of living comfortably with simplicity, the new home reinforces the site’s existing accommodation options, which include three shepherd’s huts and six glamping tents, where up to 30 people can stay. .

    The family has secured a £ 450,000 package from Lloyds Bank as part of the lender’s initiative to provide discounted financing to help businesses transition to operations that reduce carbon emissions.

    Keri Maundrell, managing director of the family wedding business, said she couldn’t deny that the effects of the nationwide lockdown and restrictions put in place on weddings had “taken their toll” on the business.

    Ms Maundrell said: “Our intention has always been to invest in the future and that is exactly what the development of the new sustainable house Hyggee is doing. We look forward to welcoming wedding bookings to this special new property to help them prepare and rest after their big day.

    Sarah North, Farm Relations Manager at Lloyds Bank, added: “As farms continue to diversify their businesses, we have seen an increasing number of clients, like Wellington Barn, tap into the growing demand for rural weddings with one-stop accommodation. little different.

    “The Hygge House is a testament to Keri and the entire team’s forward-looking vision, helping their guests celebrate one of the most important days of their lives. “

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