Regional Accommodation Group Pty Ltd was incorporated on 13 August 2019 to provide an investment vehicle to implement the business strategy to identify, procure and manage leasehold regional motel businesses that deliver significant and consistent cash returns for its investors.
BOARD AND EXECUTIVE TEAM
Chairman and Director
Tom is a business leader with a history of establishing, growing and realising value in businesses across a range of industries including agriculture, food and health services.
Tom’s energetic, innovative and entrepreneurial approach has delivered business success and noteworthy investor returns over a 20 year period. These substantial businesses have included workforce management, funds management in the manufactured home park sector, environmental regeneration and facilities management. Over the last ten years Tom has invested in and operated substantial Australian farming enterprises and is owner of the Packhorse Group.
Dominic has widespread commercial experience across a multitude of industries spanning property acquisition and management, merchant banking, manufacturing, transport, and workforce management. Dominic has held directorships across numerous companies as well as hands on management roles and was fully versed in the due diligence, settlement and management of the Investments. Dominic holds a Masters of Applied Finance and Investment and a Bachelor of Business degree (double major in Accounting and Marketing). Professional memberships include 30 years as a Chartered Accountant and he has a Fellow membership with FINSIA. Dominic has been with the Packhorse group for more than a decade.
Craig has extensive commercial experience in the establishment, growth, listing and divestment of numerous companies in the childcare, health & fitness, facilities management, manufacturing, and services industries. Over the past 15 years, he has developed/acquired 12 large format fitness clubs, managed/acquired/developed almost 200 childcare centres and 7 mining accommodation facilities.
During his career, he has gained significant national and international experience and skills across strategy, M&A, operational management, governance, and in establishing robust policies and processes capable of sustaining substantial business growth. He has a deep understanding of financial management, and the capital and debt markets, and has successfully raised significant amounts of funding for various business ventures. He has also assisted numerous companies to realise their value through successful exits.
Craig has a Bachelor of Engineering (Hons.), a Graduate Diploma in Management and a Masters in Business Administration.
Nick brings to Regional Accommodation Group more than 25 years’ experience in funds management and the property industry. Development Director at Mirvac and Acquisitions and Development Manager at AV Jennings provided the experience for Nicks founding of Eighth Gate Capital in 2011 from whereby Nick accumulated 9 properties and funds under management of $136M prior to exit to Ingenia Communities in August 2019. Nick is accredited with a Bachelor of Business. and was founder of Youngcare in 2005.
Peter McHugh has an extensive hands on motel management experience owning and operating motels including the Country Comfort Armidale (42 room motel plus restaurant and Conference Centre), the Best Western Tamworth Motor Inn (39 rooms plus restaurant) and the Intown Motor Inn Taree (20 room Golden Chain motel). Through refurbishments and repositioning of his motels, Peter achieved significant uplift in value of these motels. Peter also spent his time in 2017 to 2019 with Tourism Brokers selling motels throughout the Tablelands, Central West, North West and New England regions of NSW. As RAG Operations Manager, Peter works closely with the onsite management to improve their operational performance and support them on a day to day basis.
Finance and Administration Manager
As Finance and Administration Manager, Candice handles the motels administration and accounting requirements and the RAG corporate statutory responsibilities. Candice has a Bachelor of Commerce and has been a member of the Institute of Chartered Accountants since 2010. Candice worked in the accounting profession at Pilot Partners Chartered Accountants for 4 years and has been working in commerce for 11 years. Candice works with the motel managers to ensure their administrative and licencing requirements are all effectively managed.