Wacky Wednesday

Today wasn't really that wacky, but it sounded like a cool heading :)

James and I presented our two versions for the 2007 budget to Kelly Hoen and discussed some of the changes we would need to make. After working with James on it for a while, I sat at my desk and sent some emails out about the golf package. We decided to offer the package out to the wholesalers and only allowed them commission off of the rooms portion. Typically wholesalers get commission off the entire package, but since only a portion of the package are things that the hotel gaining a profit off of (not including things like the golf, bus transportation, PGA Grand Slam Tickets, etc.) we're only allowing them to receive partial commissions. Today was our RevMax meeting and James and I presented some of the competitive pricing we were putting together. Basically our strategy is to try and yield the highest rates whenever possible. I was talking in the meeting about our pricing changes, and Kelly Hoen just looked at me, then said "So does this mean that you are going to be checking up on our strategies when you're back at school?" Then everyone started laughing and joking how I would be calling James regularly on the phone to see how are pricing was going. After finishing the meeting, James and I went back to working on the budget.

Tomorrow we'll be working some more on the budgets and trying to get them finalized to send off for approval by the regional DORM. After that we'll be working on the sales strategy for next year.