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Pointe Estero May 2009 Newsletter

Greetings from Fort Myers Beach! With our busy season winding down, we are cautiously optimistic about our summertime bookings. In order to remain competitive and attract budget-weary travelers, we have had to reduce our rates. This strategy is monitored daily to make sure we respond to the supply and demand components of this summer’s travel trends.

Condominium Association

The 2008 audited financial statements for the condominium association have been mailed to all owners.  The board agreed to conduct a full audit on the association’s financial condition.  This is the most detailed level of accounting available to condominium associations.  If you have any questions concerning these statements, please let me know. 

In the next 10 days we will be mailing the information and proxies for our upcoming special meeting.  Please read through the information, and if you have any questions please get with me immediately.  It is very important that you take the time to vote, either through proxy, or at the special meeting. 

Rental Program

April’s 2009 rental distribution was 14.5% over last year. With the current state of our economy, a large portion of travelers will still go forward with their travel plans, but they are now shopping around for value-added discounts,  or  downgrading to budget-type properties before making their reservations.  For Pointe Estero, this translates into a decrease in room nights rented by 3.1% for the first 4 months of the year; along with a 6.6% decrease in average daily rate.  Put together, that means a 9.1% decrease in revenue from last year, with owner’s distribution down 2.9% to last year.  

Our refurbishment committee recently reviewed fabrics for the dining room and living room furniture.  They are also looking at wall covering samples for the bathrooms. 

Comment Cards

Our comment card score for April was 94.42, out of a possible score of 100.  Some of the recent comments include:

  • “We thoroughly enjoyed our stay and found the office staff always eager to help us with directions, restaurant advice and activities.”
  • “Loved your condo. We will be back soon I hope”
  • “Pointe Estero had excellence service and maintenance.”
  • “Everyone was friendly and accommodating. Jamie helped us out quite a bit- thank you to her!”
  • “Excellent views, equipped with just about everything we needed. Loved the idea of washer & dryer (taking care of own towels). Last year we stayed at Diamondhead (SunStream) love it, but wanted more in kitchen. This was perfect.”

Please give me a call if you have any concerns, ideas or questions.

Sincerely,

Brian Schomacker
General Manager

   

SunStream Corporate Headquarters  ·  6231 Estero Boulevard  ·  Fort Myers Beach, Florida 33931  ·  Phone: 239-765-4111  ·  Fax: 239-765-5755
© 2009 SunStream Hospitality  ·  Realty  ·  Development  ·  Fort Myers Beach & Naples, Florida. All rights reserved.