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Tourist accommodation price setting in Australian strata titled properties
Authors:Kelly Cassidy  Chris Guilding
Institution:Service Industry Research Centre, Gold Coast campus, Griffith University, Parklands Drive, Gold Coast Mail Centre, QLD 9726, Australia
Abstract:Strata title units (dwelling complexes in which individual units are owned by small investors) represent the vast bulk of Australian self-catering tourism units. In many areas, such as Australia's Gold Coast, strata title owned properties have overtaken hotels as the most popular form of tourist accommodation (Warnken, J., Russell, R., Faulkner, B., 2003. Condominium developments in maturing destinations: potentials and problems of long term sustainability. Tourism Management 24, 155–168).
Keywords:Strata title management  Resident managers  Room rate pricing
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