edna resort & spa

13
Becky Long, Maddie Kuber, and Emma Maltbaek

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Page 1: Edna Resort & Spa

Becky Long, Maddie Kuber, and Emma Maltbaek

Page 2: Edna Resort & Spa

Meritage Resort & Spa in Napa

Page 3: Edna Resort & Spa

IntroductionEdna Resort & Spa is a full service boutique hotel that encompasses the growing wine industry in Edna Valley.

Page 4: Edna Resort & Spa

Property Specifics 25 total rooms on property

Standard roomsSuites

ADR: $520Full Service SpaLocally Sourced RestaurantLuxury Pool & Hot Tubs

Page 5: Edna Resort & Spa

The DestinationSLO Wine Country includes the Edna

Valley and Arroyo Grande ValleyEdna Resort & Spa will be located in the

heart of Edna Valley

Page 6: Edna Resort & Spa

The DestinationClose proximity to SLO County

Regional Airport

Page 8: Edna Resort & Spa

Target MarketChinese middle class tourists

traveling California coastline SF → LABaby Boomers

Age 65 and older Small meetingsIntimate gatheringsSocial events (weddings, graduations)

Page 9: Edna Resort & Spa

Analysis of Relevant Trends Social

Wine tasting events (large & small)EnvironmentalSustainable design & practicesSIP CertificationEconomic$1.8 billion to state and local economy

from SLO wine industries

Page 10: Edna Resort & Spa

Tourism Growth ForecastsActivity

SLO County produces $1 billion in recreational activities linked to tourism

resort packages or individual purchaseDestinationHigh demand for full service resort and spaIncrease in job supply

Page 11: Edna Resort & Spa

Issues and DrawbacksCalifornia droughtIndependent boutique hotel

intimate & uniqueChain name

PRO: attract guests that are faithful to a brand

CON: royalties and franchise fees

Page 12: Edna Resort & Spa

Thank you!

Page 13: Edna Resort & Spa

References "12 Baby Boomer Retirement Trends - US News." US News RSS. N.p., 22 July 2014. Web. 29 May 2015. <http://money.usnews.com/money/blogs/on-retirement/2014/07/22/12-baby-boomer-retirement-trends>.

"Climate Prediction Center - Expert Assessments: United States Seasonal Drought Outlook Summary." Climate Prediction Center - Expert Assessments: United States Seasonal Drought Outlook Summary. N.p., n.d. Web. 01 June 2015. <http://www.cpc.ncep.noaa.gov/products/expert_assessment/sdo_summary.html>.

“Edna Valley Visitor Guide” California Highway One Discovery Route. WINE COAST COUNTRY, n.d. Web. 17 May 2015.

"Find Hotels in San Luis Obispo, California." San Luis Obispo Vacations Spots & Hotels. City of San Luis Obispo, Inc, n.d. Web. 15 May 2015.

"Fiscal Year." Congress A to Z (2012) Visit SLO County, n.d. Web. Retrieved 30 May 2015.

"Latest Local News from San Luis Obispo, CA | The Tribune." Latest Local News from San Luis Obispo, CA | The Tribune. N.p., n.d. Web. 30 May 2015. <http://www.sanluisobispo.com/2014/07/28/3171479/new-hotel-development-slo-county.html>.

Lynem, Julie. "Latest Local News from San Luis Obispo, CA | The Tribune." Latest Local News from San Luis Obispo, CA. N.p., n.d. Web. 30 May 2015.<http://www.sanluisobispo.com/2011/10/22/1806931/tourism-holds-strong-in-slo-county.html>

Martin, H. (2013, May 24) Chinese tourists’ spending in the U.S. takes off. Retrieved May 17.