FW: Revenue Note Week 4/08/08

 

Denver Revenue Meeting   4/ 08 / 08

RATE CHANGES:

No Rate Changes

 

Group Need Periods: 

4/18 to 4/21; 4/25 to 4/27; 5/1 to 5/4; 5/8 to 5/11; 5/22 to 5/27; 6/8 to 6/9; 6/19 to 6/23; 6/27 to 6/30 

 

NOTES: 

 

-    Continue to look into the PMS system turning over.  John will ask Jeff Parker to provide a preliminary PMS schedule 

-    April  10th all rooms will be back in inventory

-    April  decreased by  $12,000 from last week and decreased by $29,168 from  the week before we are now $30,132  over budget;  last week we were  at $43,026 and     the week before we were at  $72,195  o ver budget. 

-    May increased  by  12,000 and the week before it increased by $26,946 . We are currently $146,790 over budget ..

-    We will review JM extended stay potential at next meeting 

-    Tubs OOO schedule during April City Wide. Operations will open the dates back up.

-    Discussed concerns about Hallway carpet schedule  

-     Discussed concerns about room types and follow up and changing them all to one bedroom suites

-     Discussed standard room sell outs in RDP. Are wholesalers selling standard rooms when we are sold out in RDP? 

-    Discussed June ADR loss to budget and developed plans & actions around opportunities in selling our suite spread.  

 

Promotion Options:

-    Do to group cancellation we set up a promo for the weekend of 4/11 & 4/12.

  

 

Mark Wellbrock
Regional Director of Sales
The Magnolia Hotel
818 17th Street  Denver, Colorado 80202
Direct: (303) 607-0200  Fax:  (303) 607-0600
Magnolia Hotels Web Site
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