Wednesday, June 17, 2009

revmax 6-16-09

RevMax Notes

 

Star Report- looks good

19% growth

108% REVPAR

120% Occupancy

90% ADR

 

Last Saturday’s numbers were not so good - occupancy was high but the ADR was low

 

Star held well even after Wicked Group Checked out

 

Transient business good- doubled comp set

Index 146%

 

GRC

June

Revenue down $10771

ADR down $31

Occupancy up 179 rooms

 

July

Revenue down $42,611

ADR down $27

Occupancy down 205 rooms

 

August

Revenue up $55060

ADR down $14

Occupancy up 610 rooms

 

Future Pace:

June: Down from 94% to 74%

July: Moving in a positive direction

Aug: Moving in a positive direction

 

John going to look into offering Early booking discounts on GDS

 

Picked up wholesale rooms

 

Wendy Shows we are negative a few dates for 2010 Berkshire Hathaway

 

CWS: losing rooms and not picking up new ones- call other hotels to pick up overflow

 

John to see if he can create a Manuel Option in Hotel Concepts

 

 

Drop lose some of the upcoming 2 and 3 night minimum restrictions (23,24,27)

 

Hilton dropping prices a lot the 24th after the CWS

 

Forecast:

June: -129 room nights -$21,000          -$1 ADR

July: +82 room nights                -$8,000            -$5 ADR

Aug: +35 room nights               +$5,000           0 ADR

 

CRO-

Lots of people modifying their reservations

 

 

___________________________________
Sara Olson
Sales Assistant
Omaha - Magnolia Hotels
1615 Howard Street. OmahaNE 68102
P- 402.231.6099  F- 402.341.2383
www.magnoliahotels.com
Win a trip to paradise, click here to register.
P Please save a Magnolia tree.

 

No comments: