Author Topic: Waldorf Jerusalem sold!  (Read 13860 times)

Offline aygart

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Re: Waldorf Jerusalem sold!
« Reply #90 on: May 21, 2017, 02:14:39 PM »
So basically right now everyone has zero clue what's actually going on?  ???
Why only right now?
Feelings don't care about your facts

Offline dwkl

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Re: Waldorf Jerusalem sold!
« Reply #91 on: May 22, 2017, 11:28:40 AM »
"FAKE NEWS"

   i spoke to my hotel wholesaler in israel before shabbos and asked him about it ,he says the supposed buyer never even met the reichmans
and even if he himself had the money,he wouldn't buy it as even the lower price they supposedly got  isn't worth it

Offline Emkay

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Re: Waldorf Jerusalem sold!
« Reply #92 on: May 22, 2017, 11:48:48 AM »
"FAKE NEWS"

   i spoke to my hotel wholesaler in israel before shabbos and asked him about it ,he says the supposed buyer never even met the reichmans
and even if he himself had the money,he wouldn't buy it as even the lower price they supposedly got  isn't worth it
It may be #FakeNews but not because you have yet another "reliable" source that told you so.

Offline letav_aved

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Re: Waldorf Jerusalem sold!
« Reply #93 on: June 06, 2017, 12:09:30 AM »
Still makes no sense. If the hotel is full they get ADR.
And when it's not full, there's no way that it's better having a empty room than whatever Hilton pays for a non-full points stay.

Dan, true if the hotel is 96% they get the hotel adr, if not they get about $60 from Hilton, but two things one during peak nights it will always be more profitable to get a high bar rate than taking a points reservation. Most hotels have a significant portion of lower rated business to serve as a base, which causes the adr to be significantly lower than bar.

If they have numerous no shows, on peak nights, causing occ to drop below 96% they will only be getting the $60 on a busy night.

Tons and tons of point stays( remember after about 2,500 Hilton reimburses the adr regardless of occupancy.

Cost per occupied hotel room is not just the bar of soap and shampoo. After you add in things like labor, franchise fees, travel agency commissions, etc, could easily be over $60

Offline Dan

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Re: Waldorf Jerusalem sold!
« Reply #94 on: June 06, 2017, 12:13:40 AM »
Dan, true if the hotel is 96% they get the hotel adr, if not they get about $60 from Hilton, but two things one during peak nights it will always be more profitable to get a high bar rate than taking a points reservation. Most hotels have a significant portion of lower rated business to serve as a base, which causes the adr to be significantly lower than bar.
Why would they allow cheap rates on a peak date?

If they have numerous no shows, on peak nights, causing occ to drop below 96% they will only be getting the $60 on a busy night.
Is that not better than nothing?

Tons and tons of point stays( remember after about 2,500 Hilton reimburses the adr regardless of occupancy.
English please.

Cost per occupied hotel room is not just the bar of soap and shampoo. After you add in things like labor, franchise fees, travel agency commissions, etc, could easily be over $60
Labor is a fixed cost.
Variable franchise fees and commissions on a points stay? Huh?

Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline PlatinumGuy

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Re: Waldorf Jerusalem sold!
« Reply #95 on: June 06, 2017, 05:58:55 AM »
Why would they allow cheap rates on a peak date?

Corp contracts require but I never heard of a corp rate there
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline Dan

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Re: Waldorf Jerusalem sold!
« Reply #96 on: June 06, 2017, 08:15:54 AM »
Nearly every good corporate rate I've ever tried at other hotels have blackout dates.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline EJB

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Re: Waldorf Jerusalem sold!
« Reply #97 on: June 06, 2017, 08:28:07 AM »
Nearly every good corporate rate I've ever tried at other hotels have blackout dates.

But often they aren't so restrictive e do you know of any at WAJ?

Offline letav_aved

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Re: Waldorf Jerusalem sold!
« Reply #98 on: June 06, 2017, 11:33:41 AM »
Hey dan,
They allow cheaper rates for multiple reasons other that one or national accounts. Thy could have group business that had rooms on a peak night but also has room on the shoulder dates that's make it worth it
Or it's a good client that has multiple group room needs during the year , but won't except the higher rate even during busier times( a lot of government business is like this)

$60 is not necessarily better than nothing. Like what was mentioned previously with the user needs, amount of free breakfast free drinks and points they are giving for service recovery, or they are getting numerous poor surveys from the people that stay on points who are over critical on true expectations and rate the hotel lower, also causing an indirect loss to the ownets.

Offline Dan

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Re: Waldorf Jerusalem sold!
« Reply #99 on: June 06, 2017, 11:57:35 AM »
Where is this $60 figure coming from? Is that confirmed?

Why would point users rate the hotel worse? I've never seen data like that.

Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline EJB

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Re: Waldorf Jerusalem sold!
« Reply #100 on: June 06, 2017, 12:00:43 PM »
Where is this $60 figure coming from? Is that confirmed?

Why would point users rate the hotel worse? I've never seen data like that.

I doubt it's $60, though I don't have the #s. My guess is close to double that.

Offline mochjas

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Re: Waldorf Jerusalem sold!
« Reply #101 on: June 06, 2017, 12:05:01 PM »
Why would point users rate the hotel worse? I've never seen data like that.
Lots of points users want to file complaints to get their points back so I can see that being true. Though obviously I dont have any stats

Offline PlatinumGuy

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Re: Waldorf Jerusalem sold!
« Reply #102 on: June 06, 2017, 02:43:33 PM »
Nearly every good corporate rate I've ever tried at other hotels have blackout dates.
Extremely minimal blackout dates. You probably haven't seen many rates that aren't valid in July/August for example.
״וזה כלל גדול: שישנא אדם כל דבר שקר. וכל מה שיוסיף שנאה לדרכי השקר יוסיף אהבה לתורה.״ - אורחות צדיקים

Offline letav_aved

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Re: Waldorf Jerusalem sold!
« Reply #103 on: June 06, 2017, 03:52:03 PM »
The reimbursement rate from the brand to the hotel is minimal, but it is based on a sliding scale based on the hotels ADR in the previous year.
Since I do not know WAJ's exact adr, it is just an educated guess based on my experience as a hotelier.

Offline letav_aved

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Re: Waldorf Jerusalem sold!
« Reply #104 on: June 06, 2017, 03:54:01 PM »
Why would point users rate the hotel worse? I've never seen data like that.
You can take a poll, I don't want to be judgmental Chas vshalom, but the reality is people who come in using points ( esp frum jews) expect more, complain more, and in general have there expectations to high.