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Dear GullWing Unit Owners,
Greetings from Fort Myers Beach! The fall
season is definitely upon us. The resort has slowed down to
some extent, but we are still staying very busy. We have had
the time to work on some additional projects for the condominium
association. The rental program has made it through the slower
months still providing owners with increased rental
distributions, and looking good for next year. The
refurbishment projects for this year are all complete, and we
are looking forward to the future.
As I mentioned since we did slow down a
little, the maintenance staff has had some time to concentrate
on some of our other projects. One of the biggest projects that
we have been working on is a repair to the generator. The
radiator has been showing signs that it needs to be replaced.
This is a very expensive and time consuming project. We have
been working with different outside vendors to have the work
completed. We have currently signed a contract for the repair
and are just waiting for the schedule to be confirmed. It
should take 4-5 days to have the repair completed.
We also had to arrange some repair work to
the building after a vendor damaged the building by hitting it
with his delivery truck. This area has all been repaired at the
expense of the vendor that was responsible for the damage.
Another small project that we completed is
getting noticed by many. I am sure almost everyone is aware how
difficult it used to be to enter a trash room and try to find
the timer to turn on the lights. We now have motion sensors
installed in each trash room so the light will come on
automatically when you enter the room. Several individuals have
commented on how nice of an improvement this was for the
building.
The rental program has continued to perform
very well this year. Some of our accomplishments year-to-date
includes the following:
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Distributions are up 11% compared to
last year.
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Resort revenue has increased by over
10% this year.
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Occupancy has increased by 7% this
year.
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The average rate is up by $3.86
GullWing’s good fortune should continue
into the early winter. November reservations are forecasted to
exceed last year. December is currently looking slow other then
for Christmas week, so we are looking at different promotions we
can run to increase bookings.
In addition to this, GullWing has
maintained its customer service excellence. Recently, three
team members were recognized at the annual Lee County E-Awards
presentation sponsored by Lee County Visitors Bureau. In
addition, the resort recently received a score of almost 98% on
its last Mystery Shop.
All refurbishment items for this year are
complete, and guest and owners have really been enjoying the
improvements. I am looking forward to getting together with the
refurbishment committee to schedule projects for next year.
Since we did not have any projects that we started this year, we
may be able to tackle a larger project next year.
As you can see 2006 has been a very good
year for GullWing’s unit owners. The renal program has
increased distributions by over eleven percent for the first
nine months of the year and this trend is expected to continue
throughout the fall months. The updates to the units through
the refurbishment program and to the building by the maintenance
team are making a big impact with guests and owners.
I look forward to seeing all owners as you
make your trips to the property. If I can help with anything,
please feel free to let me know.
Sincerely,
Curt Brenner
General Manager
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