10,000 rooms. Where's the beef?

[bigrpowr]

Here's my 2 cents from 'reading between the lines':

SF didn't kiss LE's ass, and despite a great event (maybe not so great for the city), His ego won't let it happen there again.

So he goes shopping.... Chicago dropped out when he wanted his ass kissed; they are used to crookeder guys than him..

He likes SD, and the Politicos like the idea, so they've been fitting their kneepads.

Somewhere in there Bermuda shows up with wads of cash and puckered lips.

Actually, it may have *always* been Bermuda - But he knows this will be an unpopular choice, so...

He keeps demanding more from SD, until they back out, letting him play the 'victim', as he follows the money.

All misdirection to divert us from seeing a great sailing event fall by the wayside.

I highly doubt LE is crooked. he doesn't have to be. he's got 50 billion legit. its the guys trying to get to 1 billion that are crooked. I would hope OR would stop the money hungry part, and keep it in SF , but there has to be so much more to this than just what we speculate on. we have no idea what kind of promises they are making behind the scenes to get people involved. I'm sure there's many secret alliances and sneaky stuff that goes on , they're trying to please ALOT of people . I assume SF was a big flop for the city in some respects although I don't know exactly which aspects. I know I spent a weekend there for the opening races of the finals, 2 nights at the W , a couple VERY expensive dinners in the city , and lots of random deposits in local watering holes , I otherwise would have spent somewhere else. maybe SF spent too much on the infrastructure and that was a big financial mistake, and possibly OR promised more than it could deliver on that end.
Having the event in SF would attract more this go round after all the online and tv spectators that didn't go last time. Maybe spend less building bs crap , and let the spectators find their place on the shoreline. even though SD is closer for me, SD will suck for breeze.

 

[dogwatch]

10,000 room nights it says or

about 10 rooms nightly for 3 years

Fallacy of the average. I imagine they'd want rooms when there is something happening i.e. when they could otherwise be let at peak price.

That said, I'm not sure it's such an outrageous request. Seems to be pretty much how the conference/event industry works.

The hotelier-run district relies on a hotel room surcharge of 2 percent to finance the marketing of San Diego. The room levy typically generates more than $30 million a year, a large portion of which goes directly to the San Diego Tourism Authority for citywide tourism promotion. In addition, a number of events throughout the year, from Beer Week and the Rock and Roll Marathon to the California State Games, get smaller allocations, with the understanding that such events will help fill hotel rooms.

 

[mbondesen]

Im curious about the " is an event profitable for the location" thing. My guess is that the New Zealand involvement in the Amrericas cup, must have been very profitable over the years. Lots of pro sailors, marine industry, Just getting on the tourist maps?? Here is an article that indicates profit!

http://www.newzealand.com/travel/en/media/features/recreation-&-sport/sailing_fact-file-nz-americas-cup.cfm

 

[dogwatch]

^

And the name of this fine Kiwi yacht is:

 

[Chris 249]

/\

"Fair Share". Whoops no, that was her sistership- there's no fair shares in the AC, just propaganda.

 

[Bruno]

Maybe negoiating, will settle for 100 motels

 

[Kirwan]

Here's my 2 cents from 'reading between the lines':

SF didn't kiss LE's ass, and despite a great event (maybe not so great for the city), His ego won't let it happen there again.

So he goes shopping.... Chicago dropped out when he wanted his ass kissed; they are used to crookeder guys than him..

He likes SD, and the Politicos like the idea, so they've been fitting their kneepads.

Somewhere in there Bermuda shows up with wads of cash and puckered lips.

Actually, it may have *always* been Bermuda - But he knows this will be an unpopular choice, so...

He keeps demanding more from SD, until they back out, letting him play the 'victim', as he follows the money.

All misdirection to divert us from seeing a great sailing event fall by the wayside.

I highly doubt LE is crooked. he doesn't have to be. he's got 50 billion legit. its the guys trying to get to 1 billion that are crooked. I would hope OR would stop the money hungry part, and keep it in SF , but there has to be so much more to this than just what we speculate on. we have no idea what kind of promises they are making behind the scenes to get people involved. I'm sure there's many secret alliances and sneaky stuff that goes on , they're trying to please ALOT of people . I assume SF was a big flop for the city in some respects although I don't know exactly which aspects. I know I spent a weekend there for the opening races of the finals, 2 nights at the W , a couple VERY expensive dinners in the city , and lots of random deposits in local watering holes , I otherwise would have spent somewhere else. maybe SF spent too much on the infrastructure and that was a big financial mistake, and possibly OR promised more than it could deliver on that end.
Having the event in SF would attract more this go round after all the online and tv spectators that didn't go last time. Maybe spend less building bs crap , and let the spectators find their place on the shoreline. even though SD is closer for me, SD will suck for breeze.

I'll retract my use of the word 'crooked'. What I meant is in line with what you've written; In Chicago, they are well versed in backroom dealings, secret negotiations and people who drive very hard bargains. (as in.. "make him an offer he can't refuse"). They weren't going to be wooed with the same promises.
And that's what appears to be going on here. There are secret plans, deals already in place and decisions made, but we are being fed a carefully metered stream of 'information' to divert attention from the back room.

It's my opinion that Bermuda is a done deal, and I wouldn't be surprised if the designers are already working to fit the conditions there.

 

[DA-WOODY]

Here's my 2 cents from 'reading between the lines':

SF didn't kiss LE's ass, and despite a great event (maybe not so great for the city), His ego won't let it happen there again.

So he goes shopping.... Chicago dropped out when he wanted his ass kissed; they are used to crookeder guys than him..

He likes SD, and the Politicos like the idea, so they've been fitting their kneepads.

Somewhere in there Bermuda shows up with wads of cash and puckered lips.

Actually, it may have *always* been Bermuda - But he knows this will be an unpopular choice, so...

He keeps demanding more from SD, until they back out, letting him play the 'victim', as he follows the money.

All misdirection to divert us from seeing a great sailing event fall by the wayside.

I highly doubt LE is crooked. he doesn't have to be. he's got 50 billion legit. its the guys trying to get to 1 billion that are crooked. I would hope OR would stop the money hungry part, and keep it in SF , but there has to be so much more to this than just what we speculate on. we have no idea what kind of promises they are making behind the scenes to get people involved. I'm sure there's many secret alliances and sneaky stuff that goes on , they're trying to please ALOT of people . I assume SF was a big flop for the city in some respects although I don't know exactly which aspects. I know I spent a weekend there for the opening races of the finals, 2 nights at the W , a couple VERY expensive dinners in the city , and lots of random deposits in local watering holes , I otherwise would have spent somewhere else. maybe SF spent too much on the infrastructure and that was a big financial mistake, and possibly OR promised more than it could deliver on that end.
Having the event in SF would attract more this go round after all the online and tv spectators that didn't go last time. Maybe spend less building bs crap , and let the spectators find their place on the shoreline. even though SD is closer for me, SD will suck for breeze.

I'll retract my use of the word 'crooked'. What I meant is in line with what you've written; In Chicago, they are well versed in backroom dealings, secret negotiations and people who drive very hard bargains. (as in.. "make him an offer he can't refuse"). They weren't going to be wooed with the same promises.
And that's what appears to be going on here. There are secret plans, deals already in place and decisions made, but we are being fed a carefully metered stream of 'information' to divert attention from the back room.

It's my opinion that Bermuda is a done deal, and I wouldn't be surprised if the designers are already working to fit the conditions there.

You're supposed to say:

"They Get It Done"

You're Not to talk about How !!!

1:46pm B)

 

[WetHog]

I get Scot doesnt want the AC in SD, and I dont either, but he doesnt need to make shit up:

A) told San Diego they want 10,000 free hotel rooms if they are to bless Dago with the right to host The Cup.

So Cousin Coutts is demanding 10, 000 hotel rooms? Is there even 10, 000 hotel rooms in SD?

Scot and the FP are coming off like whiny babies.

WetHog

 

[DA-WOODY]

I get Scot doesnt want the AC in SD, and I dont either, but he doesnt need to make shit up:

A) told San Diego they want 10,000 free hotel rooms if they are to bless Dago with the right to host The Cup.

So Cousin Coutts is demanding 10, 000 hotel rooms? Is there even 10, 000 hotel rooms in SD?

Scot and the FP are coming off like whiny babies.

WetHog

^^^^^ YES and then sum

Hay it's only 5 X :

http://youtu.be/8RwpOXYZHxI

 

[~Stingray~~]

+100, WH.

That FP thing is a mirror reflection of Scott: Kinda drama-queen pathetic.

I just don't get how anyone can't like the fact that there is a pyramid at the top of the sport we love that blows such ridiculous amounts of money, on something so ridiculously cool.

Instead of treating any and every development as something crooked and outrageous?

That the passion exists at the high very level that it does absolutely should be celebrated.

 

[sunseeker]

I get Scot doesnt want the AC in SD, and I dont either, but he doesnt need to make shit up:

A) told San Diego they want 10,000 free hotel rooms if they are to bless Dago with the right to host The Cup.

So Cousin Coutts is demanding 10, 000 hotel rooms? Is there even 10, 000 hotel rooms in SD?

Scot and the FP are coming off like whiny babies.

WetHog

There's probably more than 10,000 hotel rooms in and around San Diego. The question is when I cooter going to want them. Probably mostly during ACWS and AC events. And he wants an additional 7,500 rooms at half price. That's a lot room night inventory to take out of the market especially coming from a guy whose event marketing income track record is a proven massive failure.

 

[~Stingray~~]

It's 10, 000 ~hotel-room-nights~ that the SD guy proposed to the TMG.

Hotels in most cities run witj about 20% vacancy rates, the cost of giving free or discounted room is nothing like $300/nt to the hotel owners. And even if it did cost them, well why in the the hell would I care?

 

[frostbit]

For the purpose of supplying facts:

According to the San Diego convention center, there are 55,000 hotel rooms in the San Diego region. So....

55,000 hotel rooms x 365 days x 3 years = 60,225,000 hotel room nights.

10,000/60,225,000 = 0.017% of hotel capacity over the the course of three years.

This seems reasonable... Now we should ask what does San Diego and more importantly, in this case, the hotel industry get for those 10,000 rooms?

Anybody know how many room night ComicCon gets from San Diego hotels?

 

[Editor]

+100, WH.

That FP thing is a mirror reflection of Scott: Kinda drama-queen pathetic.

I just don't get how anyone can't like the fact that there is a pyramid at the top of the sport we love that blows such ridiculous amounts of money, on something so ridiculously cool.

Instead of treating any and every development as something crooked and outrageous?

That the passion exists at the high very level that it does absolutely should be celebrated.

drama queen pathetic? holy fuck mate, you should take rc's nuts out of your mouth for 1 minute, and then think for 1/2 a second about how inherently lame attempting to hold the AC in SD Bay is for starters, and then take a look at the hotel shakedown and then ask yourself if you have fallen and hit your head.

 

[~Stingray~~]

holy fuck mate yourself; look at the hotel stats above, and look at SD's solid AC history , while i quietly go find the long list of endless effing drivel that We at the fp post when it comes to anything ac.

SA's coverage of the AC is ~at best~ stupidly drama-queen, reflecting only that mirror.

 

[PeterHuston]

holy fuck mate yourself; look at the hotel stats above, and look at SD's solid AC history , while i quietly go find the long list of endless effing drivel that We at the fp post when it comes to anything ac.

SA's coverage of the AC is ~at best~ stupidly drama-queen, reflecting only that mirror.

Is this the sort of "Solid AC history" about San Diego to which you refer?

(From the LA Times archives)

America's Cup Debt Payment Plan Offered : Regatta: Proposal is designed to keep cash-strapped organizing committee from being forced into bankruptcy.
July 14, 1992|MARK PLATTE and GREG JOHNSON | TIMES STAFF WRITERS
Anxious to keep from falling into involuntary bankruptcy, the America's Cup Organizing Committee presented creditors with its plan Monday for satisfying $3.3 million in debt from this year's races.

In a closed-door meeting, organizers and representatives of the San Diego Wholesale Credit Assn. distributed the repayment plan on behalf of the committee as well as its marketing arm, America's Cup Services, and its predecessor, Sail America Foundation for International Understanding.

Under the financial reorganization, tax obligations and secured creditors will be paid first, and "it is anticipated" in full, according to the written synopsis given vendors.

About 117 unsecured creditors, all of whom have claims of $1,000 or less, will be paid 75% of their total. The creditors are owed a total $32,000 but will be paid $24,000, according to the plan.

Twenty other creditors, with claims of $1,000 to $2,500, will be paid half what they are owed, or about $17,000. The remaining unsecured creditors will received "a proportionate share of the remaining assets," the statement says.

Some creditors will be paid by the San Diego Unified Port District, which gave the ACOC about $8 million to run the regatta. Race organizers had asked for $20 million.

A summary statement of the organization's assets and liabilities shows that the ACOC has yet to pay off a $2-million loan from First National Bank. That loan is of special interest to creditors because ACOC President Malin Burnham is also chairman of the bank. If the loan is secured, vendors fear it will take precedence over their demands.

Monday's financial presentation was a means of escaping court-imposed bankruptcy proceedings, which could be initiated by any creditor owed money. Should that happen, a court could wrest control of the ACOC from its management team. Cash-strapped firms often try to settle disagreements out of court speedily, to cut legal costs.

The disclosure of the $3.3-million debt is the latest in a long series of embarrassments for the ACOC. Since 1988, ACOC has consistently overestimated revenues and underestimated expenses.

In addition, the ACOC was mired from the beginning in a legal battle with Australian Michael Fay over when and where the race would be staged. The lawsuit was eventually settled, but resulted in a race mismatch between Fay's so-called "The Big Boat" and Dennis Conner's swift catamaran, which easily defeated Fay.

The yacht races themselves were criticized for being too far removed from the general public, fueling the perception that the sport is elitist. Ironically, this year's races--in which the America 3 syndicate defended the Cup by defeating Il Moro di Venezia of Italy--were a huge success in other parts of the world while of little interest to most San Diegans.

The idea that money would pour into the city from the race this year failed to materialize when just eight syndicates took part in the regatta rather than the 12 or 13 expected. The world recession made it difficult for international travelers to visit San Diego, and hindered ACOC's ability to wring cash from corporate sponsors.

 

[~Stingray~~]

I'm referring to the fact that SD has held the AC more times (4?) than any other city in the USA besides Newport.

If you, PH out of your latest hatred-target RC, or We (Scott) at the FP, both hate the idea of the AC going to SD again, for a litany of your own bizarre reasons, well then:

Okay but let's all just recognize how SA's take comes down to a very few ugly-minded mega-phoners. It is not a good look in your morning mirror, the reflection is ugly at best.

 

[Editor]

oh yes sting ray, lat's all hold hands and celebrate the wonder that is san diego ac. the coma off pt loma, the catamran/big boat debacle, the light air, the kelp and now let's hold it in a bay that is far far too small and pretend it's wonderful! you can look at a pile of shit and tell me it's chocolate all you want, but on this, it is still a pile of shit.

 

[~Stingray~~]

If the AC62 can foil in either SD or BDA, then I prefer SD.

Yes I realize it's a possible inconvenience to regular SD sailors; but think the sentiment to be too selfish compared to how much fun the AC could be, if you just let it.