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Minutes - 09/10/2020 - Hotel Convention and Visitors Committee CALL TO ORDER The Zoom Meeting of the September 10, 2020 Hotel Convention and Visitors Committee called to order by Norm Canfield at 10:05am ROLL CALL PRESENT: Norm Canfield, Hyatt Lodge; David Carlin, OB Chamber; Kathy Dwyer, Marriott; Mort Kouklan, Village Resident; Lee Hoener, Drake Oak Brook, Nicole Patterson, Hyatt House; Dick Turner, LeMeridien ABSENT: Iftikharu Abbasy, Village Resident; Melanie Bradshaw, Residence Inn; Time Geiges, Oak Brook Center; Neville Campbell, Doubletree. ALSO IN ATTENDANCE: Rick Ginex, Village Manager; Connie Reid, Executive Assistant; Jason Paprocki, Finance Director; Trustee Moin Saiyed; Beth Marchetti, DCVB; Rob Grusin, Point B; John Novak, Point B; Stephanie Fallara, Point B; Tiffany Braun, Kinship; Angela Tormey, The Drake. APPROVAL OF MINUTES A. June 11, 2020 Special Meeting Minutes Mort Kouklan motion to approve the minutes from the June 11, 2020 Special Meeting, Seconded by Dick Turner. Voice Vote. Motion Carried UNFINISHED BUSINESS A. Ratification of Release of Funds to the DuPage Convention and Visitors Bureau – 2020 Second Quarter Hotel Tax Receipts - $8,516.72 After Beth gives a brief overview of the dire need for fuds for the DCVB, the committee has a general consensus to release the funds. 2021 BUDGET DISCUSSION A. Budget Projections & Discussion Items Jason Paprocki starts the budget discussion by asking for feedback from the properties on how they are doing their budgeting for next year. Norm Canfield states that group and meeting business are non- existent. Transient and weekend business are the main source of income as of late. Norm believes that the fourth quarter and first quarter next year will still be slow, and dependent on a vaccine as to when things can go back to normal. They are hoping that 2nd quarter 2021 they will start to see a climb in revenue. Dick Turner concurs with Norm’s summation. He’s thinking that 4th quarter 2021 they will see business travel pick up to close to normal. The sales they are seeing now are leisure, people coming from Chicago to get away, family events etc. Lee Hoerner from the Drake agrees that 2nd quarter 2021 they hope to see a little improvement but nothing close to normal until the 4th quarter. The discussion shifts to pricing and the direction some properties are taking to lower prices. Nicole Patterson at Hyatt House reiterates that leisure and weekend stays are getting strong but they are in the same situation as the other properties. Kathy Dwyer states that 2nd quarter is what they are hoping for to see any kind of increase in sales. Jason Paprocki will use these comments to help forecast and prepare the Village Budget. Beth Marchetti will send out reports on state wide sales. A discussion begins regarding government restrictions and how that effects hotel stays, restaurants and groups. Rick Ginex shares that there has been discussion at the board level regarding a reduction in the advertising MINUTES OF THE SEPTEMBER 10, 2020 MEETING OF THE OAK BROOK HOTEL, CONVENTION AND VISITORS COMMITTEE OF THE VILLAGE OF OAK BROOK APPROVED AS WRITTEN ON FEBRUARY 11, 2021 budget and possible combining the 1% and 2% breakdown of hotel tax. B. Marketing Budget Options Rob Grusin from Point B begins his presentation. He shares the summer campaign. Point B created a video from footage already shot, allowing for a cost saving (Cabin Fever Reliever). Rob shares slides of the billboards around the area and answer questions regarding a board that the committee feels should be moved because no one really sees it. He shared that the Billboard Company gave three weeks of added value. He quickly goes through the leisure results, stating that the reception was quite significant. Tiffany Braun, from Kinship takes over and gives a quick overview of where they were marketing. She covers their current pitches, regarding safety, businesses supporting their communities, taking a wellness break from quarantine and so forth. Targeting regional staycations. Tiffany showed the strategies for 4th quarter, going into Holiday opportunities. She touches upon the strategy for when the vaccine is announced. C. 2021 Budget Recommendations Rob begins a small presentation of where money will be spent in the near future. He covers the upcoming media. He asks the questions of whether money should be reallocated from group travel to holiday and leisure travel or should they reserve the funds. A conversation ensues regarding budget money and what is being allocated to, it’s agreed that leisure and transient is the way to go. Point B to provide the Village with the actual numbers and a new proposal for budget savings through the end of the year if they cut out group travel marketing and reallocate or hold for the remainder of the year. Point B will wait on doing a marketing proposal for 2021 until they hear from the Village Board on how to proceed. OTHER BUSINESS A. Hyatt Lodge Oak Brook – Management Company Conversion Norm Canfield announces the changes at the Hyatt, JPD has decided to make a change in managing companies. They will be using Davidson Hotels starting October 7th, 2021. There has not been a decision as to what the name of the hotel will be. Norm will be retiring. Beth Marchetti, DCVB, shared that she was asked by Mayor Lightfoot to participate on a Chicago Tourism Recovery Committee, specifically targeting group business. ADJOURNMENT Meeting adjourned at 10:56.am. ATTEST: ___________________________________________ ________________________________ Connie Reid Date: Executive Assistant Village of Oak Brook