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

[Erik Olson <erik@thekrib.com>]

Folks, I have only one remaining question, and I'll let you be:

Typically banquets run in the $20-30 range for these sorts of events.  I 
remember thinking that $35 was right on the border last year.

With a banquet cost that's possibly more than that of the convention 
registration, what do you suppose the effect will be on banquet 
attendance?  Is there any plan to have something so good at the banquet 
that it will convince 120 people to shell out $50?

Other than that, I think we have a quite workable deal!

  - Erik

On Thu, 4 Mar 2004, S. Hieber wrote:

> 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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-- 
Erik Olson
erik at thekrib dot com

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