Sunday, January 17, 2016
Super Bowl 50 San Francisco Hotel Tax Revenue Alone Pays Service Costs #SB50
Super Bowl 50 San Francisco Hotel Tax Revenue Alone Pays Service Costs #SB50
Super Bowl 50 San Francisco Hotel Tax Revenue Alone Pays For Service Costs “Super Bowl 50 To Cost San Francisco $4.1 Million in service costs” the news headlines have reported. Well, what the news organizations failed to tell you was those costs would be paid for by the city and county's Hotel Tax Revenue, alone. While the San Francisco Super Bowl 50 Host Committee has said that enough money would be raised to pay for the expense that got the attention of Board of Supervisors members Jane Kim and Aaron Peskin, the specific way this was done wasn't identified by the Office of San Francisco Mayor Ed Lee, and so the Host Committee was left alone to deal with the PR problem. Until now. As it turns out, doing a little simple math reveals the revenue that can be anticipated. It's important to pay attention here, because all too often media people quote one person or another rather than doing their own homework. This is where traditional media has contaminated blogging and Internet news: in the past, bloggers wrote posts that either confirmed or rejected the entries of other blogs on a subject, and presented their methodology, even if that included math. Today, people who to love to toss the term “journalist” around flood the Internet with wrongheaded quotes from whomever, always serving some agenda, and seldom bother to use the Internet to do their own homework in the action of fact-checking. That's called bad blogging, but I digress. When I saw the Super Bowl revenue news, I immediately wondered what the impact of hotel occupancy and room rates would be on this to start (thinking of sales tax revenue and other monies later), and so went to use this basic formula as the basis for a spreadsheet to look at the problem: Hotel Tax Revenue = Number Of Rooms times Avg Room Rate, times Occupancy Rate, times Room Stay Days, times Hotel Room Price Increase, times Hotel Tax Rate. I then believed the best evaluation of potential Super Bowl revenue from the Hotel Tax was to establish a baseline of money expectations during the Super Bowl Hotel Period, but without the game, and then compare that to what's expected with Super Bowl 50 in San Francisco. The baseline condition is as follows: Number of Hotel Rooms: 33,462 according to Visit SF data from 2013 (which could be higher, but that's the best number I could find). San Francisco Hotel Tax Rate: 14 Percent Average San Francisco Room Rate Per Day: $397 according to a Bloomberg 2015 report and survey with CheapHotels.com – the Price Increase Factor plays a role in the Super Bowl comparison here. Room Stay Days: 7 – which includes the four day Super Bowl Period minimum, and three days to the Monday of Super Bowl week, as Super Bowl Media Day is the next day, Tuesday, and much of the media will have arrived and already booked into their hotel rooms, as well as many people connected with the NFL, and Super Bowl fans – some with tickets, some looking for tickets, others just in town for the parties. Super Bowl Price Increase Factor: It's widely noted that hotel prices are already jacked up in many cases throughout the Bay Area and in San Francisco. The average increase is said to be 124 percent – but I use a very conservative rate of 30 percent over the norm. SF Hotel Occupancy Rate: The normal hotel occupancy rate for this time of year January 30th to February 7th in the City of San Francisco is about 75 percent according to data online. A Super Bowl will increase that substantially, but I use 90 percent, which is about equal to the normal demand levels in San Francisco during the Summer – a 15 percent increase in the occupancy rate for that period. You have to remember that a Super Bowl commonly attracts double the number of people who have tickets who want hotel rooms, so that's a base of 140,000 people looking for rooms (there will be far more than that), in a city that has just 33,462 of them. Yes, there are rooms throughout the SF Bay Area, but the demand is focused on San Francisco because that's where most of the rooms are concentrated and where the party and event action is. With this, the baseline revenue would be $9.764 million. For the Super Bowl, the Price Increase Factor brings the room rate per day to an average of $516 from the already high average of $397 per day. That, combined with the 15 percent occupancy rate increase, will yield $15.231 million – that's a difference of about $5.467 million for the Super Bowl period, or about $1.367 million more than is needed to pay for the service costs the Super Bowl will reportedly cost San Francisco. MORE:
via YouTube http://youtu.be/huvgDr_Yl5Q
Super Bowl 50 San Francisco Hotel Tax Revenue Alone Pays For Service Costs “Super Bowl 50 To Cost San Francisco $4.1 Million in service costs” the news headlines have reported. Well, what the news organizations failed to tell you was those costs would be paid for by the city and county's Hotel Tax Revenue, alone. While the San Francisco Super Bowl 50 Host Committee has said that enough money would be raised to pay for the expense that got the attention of Board of Supervisors members Jane Kim and Aaron Peskin, the specific way this was done wasn't identified by the Office of San Francisco Mayor Ed Lee, and so the Host Committee was left alone to deal with the PR problem. Until now. As it turns out, doing a little simple math reveals the revenue that can be anticipated. It's important to pay attention here, because all too often media people quote one person or another rather than doing their own homework. This is where traditional media has contaminated blogging and Internet news: in the past, bloggers wrote posts that either confirmed or rejected the entries of other blogs on a subject, and presented their methodology, even if that included math. Today, people who to love to toss the term “journalist” around flood the Internet with wrongheaded quotes from whomever, always serving some agenda, and seldom bother to use the Internet to do their own homework in the action of fact-checking. That's called bad blogging, but I digress. When I saw the Super Bowl revenue news, I immediately wondered what the impact of hotel occupancy and room rates would be on this to start (thinking of sales tax revenue and other monies later), and so went to use this basic formula as the basis for a spreadsheet to look at the problem: Hotel Tax Revenue = Number Of Rooms times Avg Room Rate, times Occupancy Rate, times Room Stay Days, times Hotel Room Price Increase, times Hotel Tax Rate. I then believed the best evaluation of potential Super Bowl revenue from the Hotel Tax was to establish a baseline of money expectations during the Super Bowl Hotel Period, but without the game, and then compare that to what's expected with Super Bowl 50 in San Francisco. The baseline condition is as follows: Number of Hotel Rooms: 33,462 according to Visit SF data from 2013 (which could be higher, but that's the best number I could find). San Francisco Hotel Tax Rate: 14 Percent Average San Francisco Room Rate Per Day: $397 according to a Bloomberg 2015 report and survey with CheapHotels.com – the Price Increase Factor plays a role in the Super Bowl comparison here. Room Stay Days: 7 – which includes the four day Super Bowl Period minimum, and three days to the Monday of Super Bowl week, as Super Bowl Media Day is the next day, Tuesday, and much of the media will have arrived and already booked into their hotel rooms, as well as many people connected with the NFL, and Super Bowl fans – some with tickets, some looking for tickets, others just in town for the parties. Super Bowl Price Increase Factor: It's widely noted that hotel prices are already jacked up in many cases throughout the Bay Area and in San Francisco. The average increase is said to be 124 percent – but I use a very conservative rate of 30 percent over the norm. SF Hotel Occupancy Rate: The normal hotel occupancy rate for this time of year January 30th to February 7th in the City of San Francisco is about 75 percent according to data online. A Super Bowl will increase that substantially, but I use 90 percent, which is about equal to the normal demand levels in San Francisco during the Summer – a 15 percent increase in the occupancy rate for that period. You have to remember that a Super Bowl commonly attracts double the number of people who have tickets who want hotel rooms, so that's a base of 140,000 people looking for rooms (there will be far more than that), in a city that has just 33,462 of them. Yes, there are rooms throughout the SF Bay Area, but the demand is focused on San Francisco because that's where most of the rooms are concentrated and where the party and event action is. With this, the baseline revenue would be $9.764 million. For the Super Bowl, the Price Increase Factor brings the room rate per day to an average of $516 from the already high average of $397 per day. That, combined with the 15 percent occupancy rate increase, will yield $15.231 million – that's a difference of about $5.467 million for the Super Bowl period, or about $1.367 million more than is needed to pay for the service costs the Super Bowl will reportedly cost San Francisco. MORE:
via YouTube http://youtu.be/huvgDr_Yl5Q
'A few snowflakes' possible — but unlikely — in metro Atlanta – Atlanta Journal Constitution
‘A few snowflakes’ possible — but unlikely — in metro AtlantaAtlanta Journal ConstitutionAfter 6 a.m. or so, “a few snowflakes” may even make an appearance in the northern reaches of metro Atlanta but any kind of accumulation is unlikely, even in the mountains, Monahan said. Snow flurries possible in mountains photo Kent D. Johnson. …read […]
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Person dead after shooting in SE Atlanta – WXIA-TV
Person dead after shooting in SE AtlantaWXIA-TVATLANTA — One person has died after a shooting in southeast Atlanta Saturday night. According to Atlanta Police Major Barry Shaw, police responded to a robbery call at a Texaco store on McDonough Blvd. near Henry Thomas Drive. A person there told …and more …read more From:: Atlanta News […]
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Albany State women's basketball defeats Clark Atlanta, 72-63 – WFXL FOX 31
Albany State women’s basketball defeats Clark Atlanta, 72-63WFXL FOX 31The Albany State women’s basketball team continued their success in conference play, as they defeated Clark Atlanta, 72-63, on Saturday at HPER Gymnasium. The Rams trailed by eight entering halftime, but a strong third quarter helped boost them to the …and more …read more From:: Atlanta […]
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Saturday, January 16, 2016
Papago Dash Cam GoSafe 388, GoSafe 268 Pt2 CES #CES2016
Papago Dash Cam GoSafe 388, GoSafe 268 Pt2 CES #CES2016
Papago Dash Cam GoSafe 388, GoSafe 268 Pt2 CES This is part two of my Papago Dash Cam at CES 2016 video presentation. Here is part one: https://www.youtube.com/watch?v=0NiTDCS4YcM
via YouTube http://youtu.be/9N4mlz55Ta0
Papago Dash Cam GoSafe 388, GoSafe 268 Pt2 CES This is part two of my Papago Dash Cam at CES 2016 video presentation. Here is part one: https://www.youtube.com/watch?v=0NiTDCS4YcM
via YouTube http://youtu.be/9N4mlz55Ta0
Papago Dash Cam GoSafe 388, 268 At CES 2016 #CES2016
Papago Dash Cam GoSafe 388, 268 At CES 2016 #CES2016
Papago Dash Cam GoSafe 388, 268 At CES 2016 PAPAGO! is pleased to announce GoSafe 388 - designed to capture the entire road without taking up space on your windshield. Made with ionized molecular material to prevent bacteria build-up this micro-sized dash cam records in high quality 1080HD and 142° angle, so you are certain to capture everything in your path. The motion detection feature protects your vehicle from any mishaps during your absence while the Stop & Go, Light Reminder, and Driver Fatigue warning features help keep you focused on the road. The optional GPS antenna will help track your location and speed. Record those important instances with amazing footage and precision. The flagship model to be released early this year is the GoSafe 268. This model mounts onto the mirror replacing the stock rearview mirror. The LCD screen is embedded into the mirror with an easy user interface. The Sony sensor and high-quality mirror lens will provide the top video quality in every lighting situation and climate, while supporting up to a 64GB Micro SD card. Unlike any other dash cam on the market the GoSafe 268 has the parking guard feature, which will allow the dashcam to record 10 second videos when the device feels a bump or is hit in anyway, with or without a power supply when the battery is fully charged. This innovative design is the only one in its’ class.
via YouTube http://youtu.be/0NiTDCS4YcM
Papago Dash Cam GoSafe 388, 268 At CES 2016 PAPAGO! is pleased to announce GoSafe 388 - designed to capture the entire road without taking up space on your windshield. Made with ionized molecular material to prevent bacteria build-up this micro-sized dash cam records in high quality 1080HD and 142° angle, so you are certain to capture everything in your path. The motion detection feature protects your vehicle from any mishaps during your absence while the Stop & Go, Light Reminder, and Driver Fatigue warning features help keep you focused on the road. The optional GPS antenna will help track your location and speed. Record those important instances with amazing footage and precision. The flagship model to be released early this year is the GoSafe 268. This model mounts onto the mirror replacing the stock rearview mirror. The LCD screen is embedded into the mirror with an easy user interface. The Sony sensor and high-quality mirror lens will provide the top video quality in every lighting situation and climate, while supporting up to a 64GB Micro SD card. Unlike any other dash cam on the market the GoSafe 268 has the parking guard feature, which will allow the dashcam to record 10 second videos when the device feels a bump or is hit in anyway, with or without a power supply when the battery is fully charged. This innovative design is the only one in its’ class.
via YouTube http://youtu.be/0NiTDCS4YcM
Pregnant teen gives birth after being shot at MARTA station – Atlanta Journal Constitution
Pregnant teen gives birth after being shot at MARTA stationAtlanta Journal ConstitutionThe drive-by shooting took place at the Oakland City MARTA station in southwest Atlanta shortly after midnight. The girl was hit in the chest and a 15-year-old boy was shot in the leg. The girl, who is in critical but stable condition, was eight […]
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Texas Chihuahua, lost for 5 months, found in Atlanta – Las Vegas Review-Journal
Texas Chihuahua, lost for 5 months, found in AtlantaLas Vegas Review-JournalWhen the owner, Amanda Benton, was contacted, she was ready to hop in her car and pick Coco up … until she realized he was in Atlanta. Coco had traveled all the way from Arlington, Texas, and had been missing since September. The Atlanta Humane […]
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Gym Dogs hold off Arkansas for first victory of season – DogBytes Online
Gym Dogs hold off Arkansas for first victory of seasonDogBytes OnlineFAYETTEVILLE, Ark. | Behind strong finishes from Brittany Rogers and Mary Beth Box on beam, the No. 15 Georgia gymnastics team staved off a comeback by Arkansas to win its first meet of the season 196.775–196.700 at Barnhill Arena on Friday. Georgia …and more …read […]
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Ran Into Amalia's Husband At CES 2016 #CES2016
Ran Into Amalia's Husband At CES 2016 #CES2016
Ran into Amalia's Husband at CES 2016 - a small world story if there ever was one. It was Amalia Egrie who talked me into becoming a newspaper columnist in 1993 when she worked for Alameda County Supervisor Keith Carson. This man is her husband and follows my vlogs today!
via YouTube http://youtu.be/jLzJNDZ2d7k
Ran into Amalia's Husband at CES 2016 - a small world story if there ever was one. It was Amalia Egrie who talked me into becoming a newspaper columnist in 1993 when she worked for Alameda County Supervisor Keith Carson. This man is her husband and follows my vlogs today!
via YouTube http://youtu.be/jLzJNDZ2d7k
San Luis Obispo Via United Airlines - CES 2016 #CES2016
San Luis Obispo Via United Airlines - CES 2016 #CES2016
San Luis Obispo via United Airlines and after a successful CES 2016 Las Vegas. I went LAS to LAX and then to SLO or San Luis Obispo before heading to San Francisco.
via YouTube http://youtu.be/a4YU9EYJ9xE
San Luis Obispo via United Airlines and after a successful CES 2016 Las Vegas. I went LAS to LAX and then to SLO or San Luis Obispo before heading to San Francisco.
via YouTube http://youtu.be/a4YU9EYJ9xE
United Boeing 737 Night Landing In Houston
United Boeing 737 Night Landing In Houston
United Airlines Boeing 737 night landing in Houston for NFL Owners Meeting last Tuesday.
via YouTube http://youtu.be/nEZhLv4RYdw
United Airlines Boeing 737 night landing in Houston for NFL Owners Meeting last Tuesday.
via YouTube http://youtu.be/nEZhLv4RYdw
Chihuahua from Texas found in Atlanta, reunited with owner – WSB Atlanta
Chihuahua from Texas found in Atlanta, reunited with ownerWSB AtlantaThe Atlanta Humane Society reunited a lost dog with its owner Friday after the dog wandered away from its home in Texas. Channel 2 Action News was there Friday evening when Amanda Benton saw her dog Coco for the first time since September.Lost Chihuahua travels 800 […]
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VIDEO: NeNe Leakes Returns to Real Housewives of Atlanta as Cynthia Bailey … – People Magazine
VIDEO: NeNe Leakes Returns to Real Housewives of Atlanta as Cynthia Bailey …People MagazineWhat does NeNe Leakes have to say about her return to the Real Housewives of Atlanta? “Yes bitches! I am back!” The Fashion Police co-host is making a cameo appearance on Sunday’s episode after announcing her departure from the Bravo reality show […]
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Alleged robber nabbed minutes after fleeing Fayetteville bank – Atlanta Journal Constitution
Alleged robber nabbed minutes after fleeing Fayetteville bankAtlanta Journal ConstitutionFayetteville police apprehended a robbery suspect Friday just minutes after he fled a bank empty-handed. The man walked into the Bank of America at 326 GA Hwy 314 at around 10:27 a.m. Friday, police said. He passed a note to the teller demanding money …Bank robbery […]
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Friday, January 15, 2016
NeNe Leakes' Return to 'Real Housewives of Atlanta' Sparks Serious Drama in … – Us Weekly
NeNe Leakes’ Return to ‘Real Housewives of Atlanta‘ Sparks Serious Drama in …Us WeeklyNeNe Leakes is making her presence known! The OG Real Housewives of Atlanta star returns to the show in a big way, as seen in the midseason trailer for the Bravo series’ eighth season, exclusive to Us Weekly. NeNe — who announced […]
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The Shops Buckhead Atlanta announces new retailers and restaurants – Reporter Newspapers
The Shops Buckhead Atlanta announces new retailers and restaurantsReporter NewspapersThe Shops Buckhead Atlanta announces new retailers and restaurants. 12046580_970813179628546_4855352421090074497_n The Shops Buckhead Atlanta development is growing with the addition of new retailers and restaurants, according to a media …and more …read more From:: Atlanta Restaurants News By Google News
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If Raiders Try Leaving Oakland For Kronke's NFL LA Stadium, It Will Cost $1 Billion
If Raiders Try Leaving Oakland For Kronke's NFL LA Stadium, It Will Cost $1 Billion
If Raiders Try Leaving Oakland For NFL LA, It Will Cost $1 Billion The NFL LA Relocation Meeting in Houston was a fun place to be. When the NFL announced that the Rams were returning to LA from St. Louis, I felt like Dr. McCoy from Star Trek, when, in “Star Trek: The Motion Picture”, he said, upon seeing the life-giving fireworks that came from the paring of the mechanical version of the characters played by the late Persis Khambata and Stephen Collins, “I feel like we witnessed the birth of a new life form.” I was also exhausted – so much so that I fell to sleep eight times that Wednesday, including in the bathroom of The Westin Memorial City. I was so tired and worn of talking about the business of football that I sought normal bar conversation with people who had also been at the NFL meeting, but craved a mental break. By the time team execs walked in, I was already listening to a fellow who said he was a lobbyist talk about President Obama and The State Of The Union Address. I got a nice escape from NFL matters for a while (not that I wanted to escape NFL people). It was for that reason I was totally surprised at what happened later that evening. I waited for a cab the hotel called for me (no, I didn't use Uber that time deliberately and Lyft wasn't available in the area) and upon walking to it, realized that it was for someone else. But the nice older man insisted I share his cab with him, and so I did. That older man wanted to talk about the day's events, and I realized he was part of the same crew of people who walked into the hotel with Rams Owner Stan Kronke just 25 minutes before, so I listened. He talked about various aspects of the deal and how instrumental Dallas Cowboys Owner Jerry Jones was in pushing Kronke's stadium to the NFL, even asserting that some of the luxury boxes could go as high as $1 million and still sell out (I have to see that to believe it will happen on a consistent basis, but I digress.) He also told me that the stadium financing would be a private placement bond issue and not involve a public bond issue – if that's the case, it will be the largest private placement ever done for a sports facility in America, if not the World. Regarding the Raiders, the man also said that it would cost Mark Davis $1 billion to come in with Kronke – in other words, and contrary to media reports implying that the Raiders could just fly down to LA and join Stan if it didn't secure a stadium deal in Oakland without paying a dime from a $550 million relocation fee, the cost went up to $1 billion. “Mark Davis can't afford that,” he said. I think, more to the point, the Oakland Raiders can't afford that, and even more interesting is the apparent fact that neither Kronke nor the NFL is going to let a man who some in the league want to sell the poorly-performing business of the Silver and Black, just come into the LA Market for free. No way, Jose.
via YouTube http://youtu.be/EyUN4F9sopA
If Raiders Try Leaving Oakland For NFL LA, It Will Cost $1 Billion The NFL LA Relocation Meeting in Houston was a fun place to be. When the NFL announced that the Rams were returning to LA from St. Louis, I felt like Dr. McCoy from Star Trek, when, in “Star Trek: The Motion Picture”, he said, upon seeing the life-giving fireworks that came from the paring of the mechanical version of the characters played by the late Persis Khambata and Stephen Collins, “I feel like we witnessed the birth of a new life form.” I was also exhausted – so much so that I fell to sleep eight times that Wednesday, including in the bathroom of The Westin Memorial City. I was so tired and worn of talking about the business of football that I sought normal bar conversation with people who had also been at the NFL meeting, but craved a mental break. By the time team execs walked in, I was already listening to a fellow who said he was a lobbyist talk about President Obama and The State Of The Union Address. I got a nice escape from NFL matters for a while (not that I wanted to escape NFL people). It was for that reason I was totally surprised at what happened later that evening. I waited for a cab the hotel called for me (no, I didn't use Uber that time deliberately and Lyft wasn't available in the area) and upon walking to it, realized that it was for someone else. But the nice older man insisted I share his cab with him, and so I did. That older man wanted to talk about the day's events, and I realized he was part of the same crew of people who walked into the hotel with Rams Owner Stan Kronke just 25 minutes before, so I listened. He talked about various aspects of the deal and how instrumental Dallas Cowboys Owner Jerry Jones was in pushing Kronke's stadium to the NFL, even asserting that some of the luxury boxes could go as high as $1 million and still sell out (I have to see that to believe it will happen on a consistent basis, but I digress.) He also told me that the stadium financing would be a private placement bond issue and not involve a public bond issue – if that's the case, it will be the largest private placement ever done for a sports facility in America, if not the World. Regarding the Raiders, the man also said that it would cost Mark Davis $1 billion to come in with Kronke – in other words, and contrary to media reports implying that the Raiders could just fly down to LA and join Stan if it didn't secure a stadium deal in Oakland without paying a dime from a $550 million relocation fee, the cost went up to $1 billion. “Mark Davis can't afford that,” he said. I think, more to the point, the Oakland Raiders can't afford that, and even more interesting is the apparent fact that neither Kronke nor the NFL is going to let a man who some in the league want to sell the poorly-performing business of the Silver and Black, just come into the LA Market for free. No way, Jose.
via YouTube http://youtu.be/EyUN4F9sopA
Donald Trump Wins GOP Debate, Wrong On China
Donald Trump Wins GOP Debate, Wrong On China
Donald Trump won the GOP Debate Thursday night but he and Senator Ted Cruz are completely wrong about how to win the economic war against China. Currency manipulations will not drive American wages down to the cents-on-the dollar levels of China. The only possible chance we have is to subsidize labor in specific areas of America and also not the company, but the worker through the firm. Thus in West Oakland a person would get a check from the government to the company that is then passed through to that specific worker. The company pays $10 - the worker gets $10 to make that person's total wage $20 per hour. That is the solution that will work.
via YouTube http://youtu.be/IN7YGDxfYwY
Donald Trump won the GOP Debate Thursday night but he and Senator Ted Cruz are completely wrong about how to win the economic war against China. Currency manipulations will not drive American wages down to the cents-on-the dollar levels of China. The only possible chance we have is to subsidize labor in specific areas of America and also not the company, but the worker through the firm. Thus in West Oakland a person would get a check from the government to the company that is then passed through to that specific worker. The company pays $10 - the worker gets $10 to make that person's total wage $20 per hour. That is the solution that will work.
via YouTube http://youtu.be/IN7YGDxfYwY
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