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Welcome To
Personal Freedom

Lease your commercial hospitality property, keep your equity,
simplify your investment.

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Why Lease My Tourism Business To An Operator?

Simplify Your Investment

​For many owners, leasing a tourism property to a professional operator offers a practical way to reduce workload, stabilize income, and keep control of the asset without running the business yourself. Whether you’re stepping back, dealing with distance, or facing operational challenges, leasing the asset to a qualified operator can provide predictable returns.​​

  • Absentee owners want reliable income without operational stress or risk.

  • Owner-operators not ready to sell, but may no longer want the daily workload.

  • Legacy operators want continuity but lack the staff, systems, or time to modernize.

  • Underperforming assets need a strategic revamp to lift revenue and support a stronger sale price (work that tenured owners and management may not understand or want to spend time on.)

Suitable Business Types

Most transient hospitality/tourism based businesses are suitable for outside operation through a lease, including hotels/lodging, seasonal RV parks, campgrounds, resorts, and marinas.  Suitable businesses may also allow for licensing agreements to utilize existing business names/signage where it makes sense to maintain current branding and reputation. Where rebranding is more appropriate, we use a tailored approach to create a brand that is valuable, recognizable, and viable for years to come. We are currently looking for properties in Alberta and BC.

Hotel's Desk

Hotels

Marina

Marinas

RV-Park

Campgrounds

Leased vs Managed

The Real Cost of Running Your Business

Traditional asset management rarely fits the operational needs of tourism properties. Management firms are paid a fixed fee and/or a percentage of revenue, and they have little to no financial incentive to improve occupancy, engage in rate competition, or maintain strong guest experiences. Performance stagnates because compensation is tied to a minimum achievable standard.

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This is generally true for most salaried managers, too. Staff with no stake in the business have little incentive to improve performance or outcomes. In fact, most general managers end up down one of two paths: burnout, or complacency. In burnout, a general manager may feel overworked, under compensated, and unsatisfied with business success that does not benefit them beyond a salary or seasonal bonus. Those managers who do strive to do more will eventually move on when they outgrow the role, as most tourism assets can't offer upward mobility beyond management track and small raises. Complacency happens when a general manager gets comfortable in their role and learns the minimum expected standards they need to achieve to keep owners off their back. They don't seek to improve the business because they are happy doing the minimum. To them, change means uncomfortable growth and learning that doesn't fit their current expectations of the amount of work required of them. They will ask for a raise when changes or more work are brought up, without understanding that the value they already present is often below owner expectations.

 

Owners still carry operational risk and employment liability when using an asset manager or hiring their own staff. Guest incidents, staffing issues, safety obligations, and payroll may be taken care of by delegating, but the owner is still exposed to fluctuations in occupancy, inconsistent or uncompetitive rate-setting by staff, declining staff motivation that creates operational inconsistencies, and ongoing workplace hazards and operational liability.​

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It's true what they say; if you want something done right, you have to do it yourself - if you can't do it yourself, find someone who also understands the importance of growth, competition, reducing risk, and thinking outside the box.

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For owners, a leased operation means stable rent, reduced liability, and a more dependable long-term outcome than traditional asset management agreements or hiring staff.

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Checkmarks indicate common obligations of the asset owner under a given operational structure.

Lessee operated assets require that the property owner is not involved in daily operations to avoid implications of a partnership.

Who We Are

We are a tourism focused operator specializing in long term lease arrangements for hotels, motels, marinas, RV parks, and campgrounds. As a lessee our role is to take full responsibility for daily operations under our corporation while owners retain title to their property and receive stable, predictable rental income. We bring modern systems, over a decade of operational experience in a variety of settings, and performance driven operations to asset owners who want to relieve themselves of the burdens of operation.

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Our experience in the industry makes us keenly aware of how demanding hospitality assets can be. Long hours, legal compliance, staffing issues, fluctuating seasons, modernization, outside competition, and constant operational pressure are some of the challenges we have faced and built systems to overcome. Many owners want their property to succeed but no longer want the workload it takes to keep up. We are building a portfolio of operational tourism assets by leasing properties to operate them, taking on the workload, and providing property owners valuable returns on their asset without the operational risk and effort.

Contact

(250) 254-1499

info@ownervacation.ca

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Tenax Capital Corp.

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