AN ENDURING DESTINATION

AN ENDURING DESTINATION

O’Reilly’s Rainforest Retreat hasn’t rested on its laurels as one of the most respected institutions in Queensland tourism.

The third-generation family business has invested heavily back into its own product and is taking an innovative approach to surviving tough times for the tourism industry.

“We have gone into corporate business – we host lots of conferences now. Two or three years ago, we hosted none,” says managing director Shane O’Reilly.

“Now, 20 per cent of our business comes from the corporate market and that business will continue to grow. We have also changed our marketing with an increased focus on digital.”

The retreat is able to host conferences thanks to a $28 million redevelopment completed in 2008 that also doubled the retreat’s accommodation capacity.

The retreat is a family destination and O’Reilly believes the educational potential of the forest is yet to be unlocked. He would also like to see the State Government relax its rules on holding events in the forest.

The O’Reilly name is an institution on Mount Tamborine, so much so an entire plateau is named after the family, which first settled in the area about 100 years ago.

Shane O’Reilly worked for various hotels and resorts before returning to the family business in his late 20s.

He says it is important to gain the respect of everyone he works with.

“I think it would be extremely challenging to come into a family business as a manager without having done it outside,” says O’Reilly.

“I found it essential to get experience elsewhere, not only to work with other people, but to learn how to be a manager and also a leader without relying on my family name

“There is also an issue where higher management often look at what family members do and say ‘you should be doing more’, just because you are part of the family.”

The O’Reillys says the secret of their successful family business has been to also appoint independent directors to its board and hold regular family councils.

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

WorldFirst offers fast and secure cross-border payments to boost global sales for SMEs
Partner Content
WorldFirst, a one-stop digital payment and financial services platform for global busin...
Advertisement

Related Stories

New bus manufacturing group emerges as GoZero buys BusTech from administrators

New bus manufacturing group emerges as GoZero buys BusTech from administrators

Sydney-based transport solutions company GoZero Group is set to bec...

Scalare Partners backdoor listing on the ASX hits a snag

Scalare Partners backdoor listing on the ASX hits a snag

An $8 million backdoor listing planned for Sydney-based startup acc...

Korean giant Hanwha teams up with Gilmour Space in second Aussie collaboration in a week

Korean giant Hanwha teams up with Gilmour Space in second Aussie collaboration in a week

Gold Coast-based Gilmour Space Technologies is the second Australia...

Austal to expand US production facility after securing $670m submarine contract

Austal to expand US production facility after securing $670m submarine contract

Listed shipbuilder Austal (ASX: ASB) is capitalising on a healthy o...