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[AGA SC] Marriot Summary -- One more time with "Feeling"



The attached summary, Version 3b, correctly computes the
service fee as *entirely waived* -- which Marriot has
agreed to but I missunderstood. 

Just for comparison, in Dallas we had a sliding scale
service fee based on roomnights but not other gaurantee of
roomnights. With Crystal Gateway Marriot, we have a
gaurantee of roomnights but no service fee (Remember that
ugly $4,200?). So if we make our roomnights, we pay no
roomnights and no fee, the same as in Dallas.  But if we
don't make our roomnights, the costs will be higher than in
Dallas. But the net is till positive before we reach 100
regs! We do pay for the speaker rooms that we rent, of
course. 

The penalty for total cancellation is higher, $12,200
versus about $8,000 in Dallas, but hey, this is DC, right?
;-)

So with improvement in the results giving some headroom, I
went ahead and played around with some different Reg Fee
structures, namely:

$49 for the first 50 and $59 for subsequent Regs
$45 for the first 50 and $55 for subsequent Regs
$49 for all Regs

In each case the breakeven is less than 100 paid regs:
90, 96, and 92 respectively. See Attachment.
 

sh

=====
S. Hieber

-  -   -   -   -   -   -   -
Amano Returns
to the AGA Annual Convention
Nov 2004 -- Baltimore

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Attachment: Marriot & Sheraton comparison ver 3b.xls
Description: Marriot & Sheraton comparison ver 3b.xls