RevMax Meeting for 11/ 11
Forecast
-Forecast should -$40,000 down for November. There was an error in the forecast it should be about $30,000 down for the month.
-LMD's continue to produce ant extra $15,000 each weekend they are run.
-December is showing -$20,000 down. It did increase $8,000 from last week.
Strategies & Follow up
-Continued our discussion on oversells needing to be much more aggressive in the 4th Q. We are looking at setting the majority of the potential sell out dates at -20 and maintaining up to -5 up to the date prior. Arrivals will have impacts on these strategies as well and we will be viewing arrival reports to set the oversells. **** If we are able to address the potential errors in Hotel Concepts this strategies could change.
-We disused the OOO rooms that are being looked at for lengths of time for energy and payroll savings. We may have figured out an alternative method through Housekeeping Status that could allow us to set up a much more efficient procedure that would not impact EZ RMS forecasting.
-John is going to look into Synexis to analyze consortia. We need to see if our percentage off changes have impacted bookings.
-Check into Expedia Top 10 Report weekly report. Why did we stop receiving it-The Houston and Dallas Expedia market managers have contacted me about running a special 2009 advance purchase promo to put some extra base in Q1 2009. I haven’t heard anything from Josh yet, so I don’t know if they are even doing it here, but we could always do one on our own if we want – here is an example of the deal I made with Kelly Pixler for
- 2009 Book early
· Booking Dates – Now to Dec 31, 2008
· Stay Dates – Jan 1, 2009 to March 31, 2009
· 25% off – all room types and rate plans
· No Min Length of Stay
· Blackout dates – March 17th and 18th
- New Packaged rate advance purchase DRR
· Booking dates – Now to Dec 31, 2009
· Stay Dates – now to Dec 31, 2009
· 21 Day Advance purchase – 30% off
· No Min Length of Stay
· Blackout dates – March 17,18,31 April 1 May 3,4,5
- Stand alone rate advance purchase DRR
· Booking dates – Now to Dec 31, 2009
· Stay Dates – now to Dec 31, 2009
· 7 Day Advance purchase – 5% off
· 14 Day Advance purchase – 10% off
· No Min Length of Stay
· Blackout dates – March 17,18,31 April 1 May 3,4,5
Last Minute Deal
Sweets “Suites” for the Holiday's
Dates:
Fri -10/24, Sat - 10/25 & Sun - 10/26 - $99.00 Suite Rate
Fri -10/31, Sat - 11/01 & Sun - 11/02 - $99.00
Fri -11/14, Sat - 11/15 & Sun - 11/16 - $99.00
Fri -11/20 to Sun - 11/ 30 - $99.00
Fri -12/05, Sat - 12/06 & Sun - 12/07 - $129.00 Parade of Lights
Fri -12/12, Sat - 12/13 & Sun - 12/14 - $99.00
Fri -12/19 to Tuesday12/30 - $99.00
Rate Changes -
| 05-Dec-08 | Fri | 2 | LMD | Parade of Lights | 139.00 | 179.00 | 199.00 | |
| 06-Dec-08 | Sat | 3 | 2NT | LMD | Parade of Lights | 159.00 | 189.00 | 209.00 |
| 07-Dec-08 | Sun | 1 | 61 OOO | LMD | Broncos vs Kansas City | 119.00 | 179.00 | 199.00 |
| 08-Dec-08 | Mon | 5 | 61 OOO | 199.00 | 229.00 | 249.00 | ||
| 09-Dec-08 | Tue | 5 | 61 OOO | 199.00 | 229.00 | 249.00 | ||
| 10-Dec-08 | Wed | 5 | 61 OOO | 199.00 | 229.00 | 249.00 | ||
| 11-Dec-08 | Thu | 4 | 61 OOO | 179.00 | 209.00 | 229.00 | ||
| 12-Dec-08 | Fri | 1 | 61 OOO | LMD | 119.00 | 179.00 | 199.00 | |
| 13-Dec-08 | Sat | 1 | 61 OOO | LMD | 119.00 | 179.00 | 199.00 | |
| 14-Dec-08 | Sun | 3 | 61 OOO | LMD | 159.00 | 189.00 | 209.00 | |
| 15-Dec-08 | Mon | 4 | 61 OOO | 179.00 | 209.00 | 229.00 | ||
| 16-Dec-08 | Tue | 4 | 61 OOO | 179.00 | 209.00 | 229.00 | ||
| 17-Dec-08 | Wed | 4 | 61 OOO | 179.00 | 209.00 | 229.00 | ||
| 18-Dec-08 | Thu | 4 | 61 OOO | 179.00 | 209.00 | 229.00 | ||
| 19-Dec-08 | Fri | 2 | 61 OOO | 25%off | 139.00 | 179.00 | 199.00 | |
| 20-Dec-08 | Sat | 2 | 61 OOO | 25%off | 139.00 | 179.00 | 199.00 | |
| 21-Dec-08 | Sun | 1 | 61 OOO | 25%off | Broncos vs. Buffalo | 119.00 | 179.00 | 199.00 |
| 22-Dec-08 | Mon | 1 | 61 OOO | 25%off | 119.00 | 179.00 | 199.00 | |
| 23-Dec-08 | Tue | 1 | 61 OOO | 25%off | 119.00 | 179.00 | 199.00 | |
| 24-Dec-08 | Wed | 1 | 61 OOO | 25%off | 119.00 | 179.00 | 199.00 | |
| 25-Dec-08 | Thu | 1 | 61 OOO | 25%off | Christmas | 119.00 | 179.00 | 199.00 |
| 26-Dec-08 | Fri | 1 | 61 OOO | 25%off | 119.00 | 179.00 | 199.00 | |
| 27-Dec-08 | Sat | 1 | 61 OOO | 25%off | 119.00 | 179.00 | 199.00 | |
| 28-Dec-08 | Sun | 1 | 61 OOO | 25%off | 119.00 | 179.00 | 199.00 | |
| 29-Dec-08 | Mon | 1 | 61 OOO | 25%off | 119.00 | 179.00 | 199.00 | |
| 30-Dec-08 | Tue | 1 | 61 OOO | 25%off | 119.00 | 179.00 | 199.00 | |
| 31-Dec-08 | Wed | 7 | NYE | 259.00 | 289.00 | 309.00 |
Mark Wellbrock
Director of Sales
The Magnolia Hotel
818 17th Street Denver, Colorado 80202
Direct: (303) 607-0200 Fax: (303) 607-0600
Magnolia Hotels Web Site
Complete an On-Line Request for Proposal
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