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May 2007

Dear Pointe Estero Unit Owners,

Hello again from sunny Fort Myers Beach!  I hope that you have all enjoyed a very relaxing spring and are looking forward to an exciting Summer. 

The months of March and April were strong from an occupancy standpoint, finishing with 88% and 90% respectively for those months not including owner time.  This prevented us from addressing a majority of the interior punch items as expected, but we have been able to complete a large portion of the exterior punch list and expect to have both the interior and exterior punch complete by July.   

Maintenance and Housekeeping have been busy deep cleaning both the units and the common areas after a very busy, but thankfully uneventful Spring Break.  We have also completed several projects in the past 60 days.  I had mentioned in the last update that we were in the process of obtaining bids to replace the canopy at the front entrance since a delivery truck had damaged it.  The insurance company has approved the bid, and it has been replaced.  We have also installed additional lighting at the grill area as several owners and guests had requested it since reopening.  The new fixtures make a big difference when cooking and looks great! 

Looking forward, we are slightly behind 2006 for May in room nights, but are ahead in average rate by over $11.00.  For the months of June through November we will be comparing ourselves to 2005 due to the shutdown.  June is booking quickly with 176 more room nights and $2.40 more in average rate than 2005.  July is historically a heavy group month for Pointe Estero, and this year is no different.    We are currently pacing 104 room nights behind, but our focus on rate is evident with an $8.05 increase in average rate.

We have enjoyed seeing a lot of our owners during the winter and hope to see more of you during the summer months.  We hope that you have been enjoying the new website even thought it is in its early stages.  We will work to add additional photos as they become available. 

As always, please do not hesitate to contact me if you have any questions or I can be of assistance in any way at JohnL@Sunstream.com or by phone at (239)765-1155 extension 7005. 

Hoping to see you soon! 

Sincerely, 

John Lai
General Manager

   

SunStream Corporate Headquarters  ·  6231 Estero Boulevard  ·  Fort Myers Beach, Florida 33931  ·  Phone: 239-765-4111  ·  Fax: 239-765-5755
© 2007 SunStream Hospitality  ·  Realty  ·  Development  ·  Fort Myers Beach & Naples, Florida. All rights reserved.