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What the mining boom has done for hotel occupancy rates: Chart of the week
By
Larry Schlesinger
The mining boom has pushed up demand for accommodation in hotels, motels and serviced apartments from those working on projects in the mining industry. The chart below prepared by valuers at LandMark White shows how occupancy rates have risen more or less in line with rising mining investment over the last few years. Click to enlarge |
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Before you buy a property in a development with an owners' corporation, it’s essential to understand your potential financial liabilities and other responsibilities as a member.
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