BDO Accommodation Pricing Tool
Answers for the owners and managers of Australian tourist park businesses.
Introducing the BDO Accommodation Pricing Tool—APT®—a cost effective internet-based tool to help owners and managers who want to get more from their tourist park businesses.
BDO has worked with the Australian tourist park
industry to develop APT®.
APT® is unique in that it is the only business modelling tool
developed specifically for the needs of the tourist park industry.
Find out how the Accommodation Pricing Tool can help you by visiting the benefits of APT page.
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What's New in APT |
» October 2008
APT® celebrates its 4th birthday! Originally released in October 2004, APT® now enjoys a following of over 300 Australian users.
With the fallout from the recent global financial crisis yet to fully play out in the tourist park industry, now is a great time to assess where your tourist park stands, using APT®, the Accommodation Pricing Tool.
Over the past 4 years, we have seen a great investment into the industry, with many parks changing hands for significant sums of money. Parks have continued to invest in new facilities, in particular cabins. APTŪ has been an invaluable tool, helping those parks assess the impact of expanding their park, determine their tariffs, benchmark their performance against other parks and many other uses.
In these uncertain times, APT® gives you answers to questions like:
- Are you making enough money . what.s the return on your investment?
- If there is a substitution effect away from hotels etc to tourist parks, how much more money could I make? What if I increase tariffs too?
- If the economy contracts and operators have to reduce tariffs, what impact will that have on your business?
- The demand for cabins is still there. If I reconfigure my park accordingly and invest further in cabins, what financial impact will that have ? Can I afford to do it?
- I.m expecting land values to fall in my area. Is now my chance to expand my park?
- I need to cut costs . where do I start ? (Using APT® built-in benchmarking capability)
- How to reorganise tariff structures, to improve custom overall (Using the APTŪ Tariff Reckoner)
- And much, much more
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| APT Answers: |
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» What prices should I set to help me achieve the level of revenue and profit I need?
» What are the costs associated with each occupancy?
» Which accommodation types are the most profitable and do I need to alter my sales mix to maximise profits?
» I'm thinking of building more cabins. What is the impact on profitability by changing the sales mix?
» What is my return on capital spent and how does that compare to other tourist parks?
» What is the impact on profits by expanding my park and upgrading new facilities?
» How much of a downturn can my business sustain in the event of adverse weather, or economic influences?
» ... and much more. |
| Industry Resources: |
BDO has developed a number of resources to help owners and managers of all tourist park businesses with their taxation and business affairs.
[View More] |
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