tourism changes
Our promise
we offer new models as a solution to the changes in tyrolean tourism.
With its Tourism 3.0 model, the M-Group stands for a new, all-round tourism offering:
- Development and sale of tourist projects
- Close involvement of communities & local business
- Clear commitment against illegal recreational residences
- Selection of professional
operators by M-Group - Commitment to shared values such as durable and sustainable management
- Creation of local jobs
- Use of high quality
and sustainable materials - Development of quality wellness areas for guests
- Preservation of nature to the maximum extent
Tourism 3.0
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Our model
The new tourist model of the M-Group consists essentially of the three pillars:
Advantages
Tourism 3.0
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M-Group carries out a pre-selection of possible - regional - operators and usually agrees the operating agreement before the investors conclude the purchase agreement. The form of the operator contract can be agreed as a rent or lease. Typically, the operator contracts and settles accounts with vacation guests in his own name. In other words, the guest has no direct contact with the owner/investor of the apartment, but handles the entire process directly with the operator.
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FAQ
- Exclusive usability as apartments: Due to the dedication to this category, the exclusive tourist use is predetermined from the outset. This means that there are no discussions with potential investors. This creates transparency and trust for all parties involved.
- Permanent rental to vacation guests in connection with value creation in the village: Regular and year-round rental to vacation guests creates additional value creation in the village and the region. Thus, not only the operator benefits, but also regional businesses, service providers from the baker to the mountain railroads as well as their employees through direct, indirect and induced effects.
- Use as an apartment (or illegal recreational residence) by investor not possible: An investor of the apartment does not enjoy any special rights with regard to its use. Renting an apartment in a tourist facility is possible only through the operator - with the same rights for guests. Thus, the use of the apartment as an apartment by the investor is not possible.
- Rapid enforcement options for the municipality in the event of unlawful use: Due to the clear designation "special area" apartment building, the municipality has rapid enforcement options in the event of unexpected unlawful use.
- Spreading the financing over many shoulders: possibility of clearing the investment backlog of cash-strapped companies
- Capital release through the sale of individual apartments to the investor(s): creation of new projects in communities & regions.
- Separating the ownership of the apartments from their rental and operation: preventing the illegal use of individual apartments as recreational residences.
- Optimization of the cost structure with simultaneous adaptation of the offer to the desire of the vacationers in the sense of a modern form of the tourism
- Creation of cross-company organizational structures and jobs in communities and regions
The operator itself is responsible for marketing and renting the apartments to vacation guests.
Other tasks include, in particular, cleaning and maintenance of the apartments, but also billing the owners (investors). The operation is the responsibility of professionally operating tourism companies - independent and separate from the developer.
The investor or investors enable the financing of the tourist project and the construction of the infrastructure.
The majority of the projects are handled in accordance with the Building Contracts Act (BTVG). By involving investors at an early stage, the financing of the overall project is spread over a large number of people.
M-Group acts as a project developer and realizes tourism projects in coordination with the municipality and relevant stakeholders, selects a suitable operator and agrees on a purchase contract with the investor(s).
Close contact from the initial project planning phase through to completion with the relevant stakeholders is essential for M-Group.
The Tourism 3.0 model is essentially based on three pillars: the M-Group as project developer, the investors and the operator.
The Tourism 3.0 model is essentially based on three pillars: the M-Group as project developer, the investors and the operator.
The investor(s) buy their apartment "ready to move in only with a suitcase" from the developer, including all furnishings and other equipment.
The developer also organizes the subsequent operation of the apartment building by selecting the operator and negotiating an operating agreement with him that is binding for all investors.
On the basis of the operating agreement, the operator rents out the apartments to vacationers and passes on the income (less all costs) to the investor.
As a rule, the operating agreement has a term of 10 years and is automatically renewed.
The main contents of the operating agreement are the obligations of the operators and the owner, billing, the management fee as well as the duration of the contract and termination agreements.
Typically, an order and billing of the operator to vacation guests in their own name. That is, the guest has no direct contact with the owner of the apartment, but handles the entire process directly with the operator.
Operator and investor have a mutual relationship. The investor makes his apartment available to the operator for tourist rental by means of an operating agreement and thereby receives a return from the operator (monthly rental income less a management fee, taxes and duties).
The operator contract is concluded between the operator and the investor. M-Group carries out a pre-selection of possible - regional - operators and usually agrees the operator contract before the investors conclude the purchase contract. The form of the operator contract can be agreed as a rent or lease.
Every EU citizen is legally allowed to buy real estate. Austrians are also increasingly choosing this option for building up their real estate assets.
The key sovereignty in the Tourism 3.0 model lies with the operator. This means that the investor/owner of the apartment cannot dispose of his apartment himself.
This not only ensures the operator's (and subsequently the operator's) income, but also legal compliance in terms of the prohibition of illegal recreational residences.
The buyer of the apartment undertakes to conclude an operating agreement - the key sovereignty for the apartment lies exclusively with the operator.
An investor of the apartment does not enjoy any special rights with regard to its use. Renting an apartment in a tourist facility is possible only through the operator - with the same rights for guests. Thus, the investor cannot use the apartment as a dwelling (or illegal recreational residence).
Use as a recreational residence or, in principle, use as a residence (main or secondary residence) is not permitted.
The purchase agreement is concluded between M-Group and the investor. It serves to transfer the ownership of the property.
Apartment buildings are parified on the basis of a utility value appraisal, which is the mandatory requirement for the establishment of condominium ownership and thus the sale of apartments to investors.
Yes - because the operator tries to rent out the apartment in the best possible way and by means of his key sovereignty he prevents the investor from using the apartment contrary to its purpose.
Close cooperation with local decision-makers ensures trust and transparency.
Modern technology and sustainable as well as resource-saving construction.
Building a long-term infrastructure - that is sustainable development for the M-Group.
The conversion and demolition of hotels that have been vacant for years and the construction of new apartment hotels will make a significant contribution to the renewal of the town center. The local infrastructure is also being expanded and modernized.
Since apartment buildings are not a self-contained all-inclusive operation, local entrepreneurs in particular benefit from this along the entire value chain - from bakers to restaurateurs to service providers (such as mountain railroads).
Communities and tourism regions benefit on a financial level, in infrastructure and through sustainable development.
The Tourism 3.0 model is actually a relief for Tyrolean housing. Because a large foreign demand (which will always exist and EU citizens are legally allowed to buy in Austria) will be directed to real estate dedicated to tourism - and thus away from the classic housing market.
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