Rev Max notes 6-30-09

 

Rev Max Notes Omaha 6/30/09

 

 

Star Report- Same report as at last meeting on 6/26/09

89% Rev Par

95% Occupancy

94% ADR

 

GRC

June

Revenue down $15820

ADR down $32

Up 150 rooms

 

July

Revenue down $25123

ADR down $24

Down 57 rooms

 

August

Revenue up $57984

ADR down $16

Up 659 rooms

 

Kathryn Golden joined Omaha sales team last week as group sales manager- now have full team

 

Future Pace:

June: Remained steady at 5/7

July: remained same at 69% (5/7)

August: Lost ground; dropped from 5/7 to 6/7

 

Western State and Lincoln Financial Group are picking up strong this month; CLS is probably not going to pickup as well

 

Rate Views

Drop rates one tier on 7^th

Put 2 night min on 14^th

 

Still have 84 rooms to sell on the 24^th- drop room price to $99 to fill those in

 

Hilton’s rates are higher on 24^th- they are hosting the John Deere conference then

 

 

Forecast same since Friday meeting

Dates to keep an eye on 7/24, 8/20-8/23

 

___________________________________
Sara Olson
Sales Assistant
Omaha - Magnolia Hotels
1615 Howard Street. Omaha, NE 68102
P- 402.231.6099  F- 402.341.2383
www.magnoliahotels.com
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