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HomeMy WebLinkAbout12 - Visit Newport Beach, Inc. FY 2023 and FY 2024 Destination Business - CorrespondenceReceived after Agenda Printed July 26, 2022 Item No. 12 From: City Clerk"s Office To: Mulvey, Jennifer; Rieff, Kim Subject: FW: Comment on Meeting Agenda #12 / July 26, 2022 Date: July 25, 2022 9:41:51 PM Attachments: Attachment A - FY 2023 and FY 2024 Destination Business Plan-2.odf From: Julia Morton, Realtor <julia@juliamortonrealestate.com> Sent: Monday, July 25, 2022 9:41:30 PM (UTC-08:00) Pacific Time (US & Canada) To: Muldoon, Kevin <kmuldoon@newportbeachca.gov>; Dixon, Diane <ddixon@newportbeachca.gov>; Avery, Brad <bavery@newportbeachca.gov>; Duffield, Duffy <dduffield@newportbeachca.gov>; Blom, Noah <NBlom@newportbeachca.gov>; Brenner, Joy <JBrenner@newportbeachca.gov>; O'Neill, William <woneill@newportbeachca.gov>; Dept - City Council <CityCouncil@newportbeachca.gov>; City Clerk's Office <CityClerk@newportbeachca.gov> Cc: Realtor Julia Morton <julia@juliamortonrealestate.com>; Kelly Carlson <kel ly@balboawatersports.com> Subject: Comment on Meeting Agenda #12 / July 26, 2022 [EXTERNAL EMAIL] DO NOT CLICK links or attachments unless you recognize the sender and know the content is safe. Dear Mayor Muldoon and Councilmembers: RE: #12 City Council Agenda for July 26, 2022 - Visit Newport Beach, Inc Business Plan and Budget - Attachment A pg. 67 - SEE ATTACHED My comment is regarding the lack of inclusion of property management companies who manage short term vacation rentals on any of Visit Newport Beach Inc's boards or committees. It is my opinion that vacation rental property management companies should be included in the tourism discussion as we are a vital part of the economy - especially when looking at the economy of the Peninsula! I respectfully ask that the Council encourage Visit Newport Beach Inc. to reach out to any number of property management companies that manage short term rentals and recruit a representative to be included on a board or committee. We have a lot to offer to the discussion and I know that we would benefit from a closer relationship with Visit Newport Beach, Inc. Thank you for your time. Regards, Julia Morton, Realtor (949) 933-2906 Balboa Realty DRE 02016387 Balboa Realty 700 E Balboa Blvd Newport Beach, CA 92661 www.aobalboa.com EXECUTIVE COMMITTEE CHAIRPERSON VICE CHAIRPERSON TREASURER I SECRETARY DEBBIE SNAVELY GERARD WIDDER CANDACE BISCONTE LINDA M. BEIMFOHR VEA Newport Beach, The Resort at Eventis Destination City Cruises A Marriott Resort & Spa Pelican Hill Services Anchored by Hornblower MEMBERATLARGE MEMBER AT LARGE MEMBER AT LARGE CHIEF JON LEWIS HOMER BLUDAU SHARON WOOD Newport Beach Former City Manager City of Newport Beach Police Department Appointee BOARD OF DIRECTORS DAVID BEEK Island Marine Fuel ANDRE BROSE Lido House LINDA M. BEIMFOHR City Cruises Anchored by Hornblower CANDACE BISCONTE Eventis Destination Services HOMER BLUDAU Former City Manager SCOTT CATLETT City of Newport Beach CHARLESCHO Newport Beach Marriott Bayview AMY DEIFT Cfty Experiences by Hornblower MARINA DUTTON Balboa Bay Resort MICHAEL GELFAND Newport Dunes Waterfront Resort & Marina ERIN HENRY Hyatt Regency Newport Beach RUSH HILL NRM Real Estate Advisors WASIM KAZI Hyatt Regency John Wayne Airport, Newport Beach CHIEF ION LEWIS Newport Beach Police Department MAR10 MAROVIC Lounge Group Consulting TON V PETROS LSA Associates HENRY PYLE C hartwell Real Estate Development/Balboa Fun Zone Company, LLC. STEVE ROSANSKY Newport Beach Chamber of Commerce GREGG SCH WENK Newport Beach Film Festival DEBBIE SNAVELY VEA Newport Beach, A Marriott Resort & Spa JOE STAPLETON Spinnaker Investment Group TANYATHOMAS Fashion Island GERARD WIDDER The Resort at Pelican Hill SHARON WOOD City of Newport Beach Appointee OPEN Pendry Newport Beach OPEN Renaissance Newport Beach Hotel MARKETING COMMITTEE CHAIRPERSON NANCYGARDNER JOHN POPE BEN STINNETT Newport Beach Conservancy City of Newport Beach VEA Newport Beach, A Marriott Resort & Spa STEPHANIE HINKLEY ANNASOPHIA SERVIN Irvine Company Resort Properties John Wayne Airport, Orange County SHELLEY CALLAHAN Hyatt Regency Newport Beach JAN HOLLIS MAUREEN SLOAN Hyatt Regency John Wayne Airport, HelmsBriscoe KELLYCARLSON Newport Beach Balboa Village Merchant Association FRANCINE SLOSSER LAMES KEAVENY Balboa Bay Resort ANGELA CORTRIGHT The Resort at Pelican Hill Spa Gregorie's MICHELLE ST. AMOUR KAMIAKINCHLOW Lido Marina Village COLLEEN D'ALUISIO Balboa Bay Resort Balboa Fun Zone Company LLC KIMBERLY STEPHENSON KATY LENGEL Renaissance Newport Beach Hotel AMY DEIFT Lido House Hotel City Experiences by Hornblower OPEN BEVERLY MORGAN Pendry Newport Beach HEIDI DRINKWARD Sherman Library & Gardens VEA Newport Beach, A Marriott Resort & Spa DIANA PARSEL Fashion Island TOURISM BUSINESS IMPROVEMENT DISTRICT D) BOARD OF DIRECTORS 3NiL CHAIRPERSON ERIN HENRY DEBBIE SNAVELY Hyatt Regency Newport Beach VEA Newport Beach, A Marriott Resort & Spa WASIM KAZI Hyatt Regency John Wayne Airport, ANDRE BROSE Newport Beach Lido House OPEN CHARLESCHO Pendry Newport Beach Newport Beach Marriott Bayview OPEN MARINA DUTTON Renaissance Balboa Bay Resort Newport Beach Hotel MICHAEL GELFAND Newport Dunes Waterfront Resort & Marina Received after Agenda Printed July 26, 2022 Item No. 12 Rieff, Kim From: Finnigan, Tara Sent: July 26, 2022 1:44 PM To: Brown, Leilani Subject: FW: VNB - Advertising: $2.81VI in FY 2023, $1.24M in FY 2024; Utilization of Carryover Cash ($1.6M) From: Laura Curran <lauracurran@me.com> Sent: July 25, 2022 4:51 PM To: Franceschini, Melanie<MFranceschini@newportbeachca.gov> Cc: Dept - City Council <CityCouncil@newportbeachca.gov>; Finnigan, Tara <TFinnigan@newportbeachca.gov> Subject: VNB - Advertising: $2.8M in FY 2023, $1.24M in FY 2024; Utilization of Carryover Cash ($1.6M) [EXTERNAL EMAIL] DO NOT CLICK links or attachments unless you recognize the sender and know the content is safe. Ms. Franceschini: Budget /accounting This budget does not show the comparative with FY 2022, so readers understand the directional change and relative scope of the budget. Advertising Expense: The VNB Budget shows an allocation for Advertising of $2.8M in FY 2023, and $1.24M in FY 2024. -Can you please provide more background information on this expenditure? -What is the reason for this expenditure, at this level? Additionally, there are no explanatory notes included with the budget, so the reader has no context for reviewing the revenue or expenditures. Example: Where will $1.9M in Paid Advertising be spent? Utilization of Carryover Cash: This $16M equivalent to the Utilization of Carryover Cash (not reserve funds) of $1.6 M. Is the Carryover Cash use related to the Advertising expense? This is equivalent to the Utilization of Carryover Cash (not reserve funds) of $1.6 M. What is the definition of Carryover Cash? What policies or restrictions does the City have on the Use of Carryover Cash? Thank you Laura Curran Received after Agenda Printed July 26, 2022 Item No. 'No VISIT NEWPORT BEACH, INC. (TOT) LEISURE FY2023 & FY2024 ......._........................................ t#t achrnont B _ FY 2.0223 and F'Y` 2024 Eu'-`gMS,Pdf ( ago 1 of ) ���. a�VdlRt�tts$f�F�itlt��l�iiftaf�.. '€ffif9+'fiX 'ww'3i�B 146.. ag 84 - Awk Pan 0- Mmmbwsb ap Wet 9e11,70 • Ta= M Tow i p"Ab €Xrtwteee fnaoutt � �+aed za3 xae�tx�r� taxmsv;�m TOW �a Pn&sskmWP - Sir€z#xtFs: TotalPmfe"b Feet 78F aiEx . x �r5'r':4� et�ned�tus�i� 400— . $ �5dhau2�Fb as$ - Mw l .0coeta TulwTtavef exp"afas Adveskxkg; Eefreneea Advwtmq imp tvmte IM - A wootixats0*4cards Mrn -ftzarast mal cf tt %;a. . A4.Pnduwhm #: ROSO6 T4AA ArlvwUslng %aemat :aDo :%, s $Lwow UGet $47,60&Ca ,E' aAiS iM. 010 $2,632a200,00 .00 to,00 Itoo 3406 Vaa f.9 x V459c $" 1 ,XM" MJ15M.. d $f1,6 .'tea".' 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