Op-ed by Peter Children –
Forty thousand for statues, seventy thousand more to move Eric’s desk, pretty soon it adds up quick. Have you noticed there is always ready cash for whatever the inmates in 5 East want…why not they are in charge….they own the entire council, there is not one descending vote at that table. If per chance some one would vote no, you people all get excited, worked up into a lather thinking the tide is turning. The no vote is orchestrated before the meeting starts, it’s done to appease you.
Now the “Hotel” claims they did 1 million in revenues their first year. Do I believe them? Not really. It comes down to the simplest of arithmetic. (1) The 1910 Grill just opened and only serves in the evening, scratch that. The bar might ring up a duce a day ($200.00) on average through the first year figuring a six day week. If Eric was in there it might be bumped a little. Total $60,000.00. $940,000.00 to go to reach I million. Twenty seven rooms at $120.00 each divided into $940.000.00 would mean 7,833 room were rented throughout the year, or on average 21.46 rooms each day….didn’t happen. Maybe they sell a lot of magazines. To answer a question often asked; the hotel is tax free, they pay no property taxes of any kind. If they were assessed it would run close to $14,000.00 per year.
Did the hotel “help” generate 1 million in revenue their first year? Probably that and much more….that hotel is a winner and will be for years to come. We are all lucky it’s right where it is.
The hotel is totally innocent it’s not mad at anyone, rather it is the establishment who control it that most find a problem with. Addmittly there is a veiled conception of underlying arrogance prevalent there; a false belief that only a select group are welcome…and they’d much prefer the rest went elsewhere. The only problem is that in a city of this size there just isn’t enough statue people to fully support it and at the same time not enough rooms available to generated enough cash flow to be fluid. Mr Noto wants you all to believe what he said, I don’t have a problem with that, if he’s happy and content, then I am happy for him.
Peter Children
12 thoughts on “Op-ed: “Hotel” claims it did 1 million in revenues their first year. Do I believe them? Not really.”
The real math is if 10,000 came to the park inn, as Noto claimed, that wouldn’t mean 10,000 rooms. If you just take an average, at least half of the 10,000 would be couples, not taking in account children, etc. The “guess” that each one in a family spent $100 is a real reach…sounds good but not too plausable.
I think you missed Noto’s point. He did not claim that the Park Inn made $1,000,000. He claimed that, assuming each visitor spend $100 in Mason City businesses such as restaurants, the visitors to the Park Inn spent $1,000,000 in Mason City.
Totally different than your assumption that he said the Park Inn made $1,000,000 (and far more believable).
You are exactly right D.This only proves that Peter can’t write or READ with any proficiency .
And what the heck is a “descending vote”Could he have possibly meant”dissenting vote”? I think I might pay 99 cents a month for this stellar writing but $2 might be a little steep.
Noto is not dependant on the hotel, he’s dependant on Jim Thompson
Rooms for $120.00? I know better, closer to $200.00 a night and up.
The rates start out at $100.00 and go upto $250.00 on weeks and 275.00 on weekends !! Peter why don’t ya just call Noto up and ask for a tour!? Ur a douche
I still think the park inn has not changed, just more costly
With what the charge for the ballroom it wouldn’t be hard to hit a million.
I am what you refer to as common folk and I have enjoyed many weekends in the bar over the last year. Anyone that thinks its for a certain class of people should get over themselves and check it out. Great drinks, great atmosphere, competetive prices.
And more to the point Ken, there is not the rif-raf found in other establishments. I may be wrong, but the lack of billiard cues and sawdust on the floor might explain some of it’s lack of appeal to the crowds found elsewhere.
Noto showed his true colors during the not in my neighbor hood village coop affair. Those poor pebble creekers having to live next to common folk.