REv Max 6/9/09

Star Report:

Star looks good

Comp site Transient down 16% in rate

                        Up 17% in occupancy

135% index       158% Occupancy          85% ADR

Dropped 10%     Comp Sites 15%

 

GRCs:

June: -$6,728     -210 room nights            -$31 in ADR

July: -$42,810    -207 room nights            -$27 in ADR

August: +$62,830          +684 room nights           +$14 in ADR

 

Future Pace:

July- Low penetration- Still outside booking window

August- Low penetration- Still outside booking window

 

Forecast:

June: +$7,000    +58 room nights             0 in ADR

July: -$9,000      -43 room nights              -$1 in ADR

August: +$1,000            +18 room nights             0 in ADR

 

College World Series

LSU at Embassy

Hotel’s dropping rates toward the end

 

LMDs

June 28^th

July 4^th

July 5^th

July 11^th

July 12^th

 

CRO Feedback-

8% rejection- typically rates to high

Guests are booking two nights even if they don’t need both nights

___________________________________
Amanda Forrester
Executive Meetings Manager
The Magnolia Hotel- Omaha
1615 Howard St Omaha NE 68102
P- 402-231-6009 www.magnoliahotels.com
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