Rentals Holding Up.....Where's The Snow?
MLK Rentals Down.....Presidents Weekend Seems Strong
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Busy Holidays.....Slow January From Tahoe Daily Tribune 1/14/09
LAKE TAHOE - A white Christmas jump
started the South Shore's winter economy, but now warm weather might be
melting visitors' travel plans, some business owners are saying.
The upcoming three-day weekend doesn't appear to be as strong for business as the December holidays.
"The
holidays were very strong, but I don't share that same wonderful trend
for the weekend," said Matt Fenn, Forest Suites Resort general manager.
From talking to people around town, business over the holidays was
good, but not great, said Carol Chaplin, Lake Tahoe Visitors Authority
executive director. She didn't have statistics from the holidays yet,
such as transient occupancy tax.
"People weren't staying as long, and they were spending less," Chaplin said. "Everyone is being careful with their money."
The
booking window for lodging was shorter over the holidays. Lodging
properties had many last-minute bookings because of the snow, Chaplin
said.
"The timing for the storm was perfect, and we need another one," Chaplin said. As for the approaching Martin Luther King Jr. holiday weekend, it's not looking as strong as in past years, Chaplin said.
"We'll hope for the best, but the weekend won't show as well as the Christmas and New Year's holidays," Chaplin said.
Not having new snow for several weeks can discourage visitors, who like to have fresh powder for recreation, Chaplin said.
Fenn said winter bookings look good overall, but the holiday weekends aren't being booked as far in advance.
Another
reason the weekend isn't looking strong is most people took their time
off during the holidays, said Danny Freemon, Pinecone Acre Motel owner.
"It's
similar to July 4," Freemon said. "The holiday is strong, but then it
goes into a lull the next week because so many people hit that holiday."
Businesses
are marketing themselves during the lull. Freemon said he sends out
e-mails to past clients to keep them informed about special deals.
Fenn
said the Forest Suites Resort is running a number of specials, and
trying to reach market segments that they haven't targeted in a while.
"We're throwing everything against the wall to see what sticks," Fenn said.
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What we are doing... 
The Staff at Pinnacle is working overtime to make sure we can out-perform our results from last year...even in this down economy. We have asked many of you to adjust rates and to allow our staff to negotiate within reason with our valued guests....more valuable than ever this year! Our marketing is on-going and we have been working on all web portals, building striking e-flyers, creating You Tube presentations and working hard on our search engine optimization program which allows our staff to have the customer base we will need in these challenging times. Please call or e-mail to discuss your property and our marketing efforts anytime!
What's New at Pinnacle 2009?
-Completely Revamped Website which will allow guests to "save" properties into a "Grocery Cart" and view them in a side by side comparison view...VERY COOL! (Late January)
-The revamped website will also allow us to search engine optimize even more than we are currently doing by creating a separate web page for each of our properties.....Google likes this!
-We are instituting a 100% electronic document signing program which will allow rental agreements to be signed, verified and stored by a third party. This will protect you from frivolous charge-backs as each rental agreement and credit card receipt will be properly signed prior to the guest stay.
-A new internet based phone/communication center will be added this spring.
-Pinnacle will be moving their software and data to our vendors server farm and utilizing terminal servers for all of our reservationist. This allows a heightened level of security for our data as well as instantaneous web access for all of our staff.
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Weather Pattern Change Coming? Maybe! 
The massive high pressure ridge which has shunted storms from the Sierras since just after Christmas is showing signs of finally breaking down sometime late next week. Although this will not give us any help for the MLK weekend it should encourage additional bookings for February and March and bolster the all important Presidents weekend. Burn those old skis and boards!
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Vacation Rental Permit Fee Increase  (This is a reprinted article with regards to the rental permit fee increase approved by the South Lake Tahoe City Coucil last fall)
An increase to vacation-home rental permit fees was approved by the South Lake Tahoe City Council on Tuesday.
Fees
for new vacation-rental permits will increase from $75 to $205, and
fees for renewing permits will increase from $50 to $140 per year.
The increased fees will pay for an additional community service officer to enforce the city's vacation-rental rules.
"The
annual cost to fully fund the new community services officer position,
including salary, benefits, vehicle and equipment, is $108,000 per
year," according to a memo from city Finance Director Christine
Vuletich.
County resident Wayne Huber lauded the council's push
for greater enforcement of the vacation-rental ordinance and hoped
similar enforcement will occur outside city limits.
Councilman Ted Long said the issues of excessive noise, trash collection and parking are not exclusive to vacation rentals.
Although
supportive of the fee increase, Long expressed a concern that residents
who have these types of problems with non-vacation-rental properties
will not "reap the benefits of this officer."
"The problems aren't going to get addressed across the board," Long said.
The fee increase was approved by a 4-0 vote, with Mayor Mike Weber abstaining.
Also
during the meeting, the City Council gave initial approval to new sign
requirements for vacation-rental properties within city limits.
The
amendment will require vacation-home rentals to have exterior signs
clearly visible from the street stating the maximum number of occupants
permitted to stay overnight in the unit, the maximum number of cars
that can be parked on site and contact information for the police
department.
The new sign requirements will return for final
approval at the City Council's next meeting Sept. 23. With final
approval, the sign requirement would take effect Nov. 1. (Note: This was approved and Pinnacle has complied)
The new sign requirement is one of several changes approved over the summer to the city's vacation-rental rules. |
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Freeze Alarms

Freeze Alarms are a sound addition to any "Snow Country" second home. These devices alert your property manager or yourself if the temperature in the home falls below 47degrees. The alert is via your phone line therefore a dedicated telephone in your home is required. During the Christmas Holiday period 2 of our homes froze when the temperature outside fell to 15 degrees BELOW zero and the heaters had failed. With a freeze alarm Pinnacle would have been alerted and the situation resolved saving thousands of dollars in repairs. Pinnacle will purchase, install and monitor these alarms for a one time cost of $245. Please contact Flip or Dana at 530-318-7990 or 530-314-1007 to discuss installing a freeze alarm in your home today.
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Tahoe Olympics 2022?

RENO - The Reno Tahoe Winter Games Coalition intends to continue its
efforts to bring a future Olympic Winter Games to the region in the
wake of the United States Olympic Committee's recent decision to not
solicit bids for the 2018 Winter Games.
"This news is certainly
disappointing, but we must remain focused on why our efforts to secure
the Olympic rings are so important," said Lt. Governor Brian Krolicki,
chairman of the RTWGC Board of Directors. "While our immediate goal has
been securing the 2018 Olympic Winter Games, the long-term effort has
always been about the journey that will serve to improve our region's
tourism infrastructure and create world-class sporting venues. Our
coalition's goal is to continue its concerted efforts to establish and
enhance these tourism and recreational offerings, positioning our area
to be even more competitive for the next possible Olympic opportunity,
hosting the 2022 Olympic Winter Games"
The USOC's decision is
apparently based on its desire to completely focus on Chicago's pending
bid to host the 2016 Summer Olympics. The 2016 host city will be
announced in early October.
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Gas Prices May Drive Tahoe Economy

LAKE TAHOE - Gas prices in Nevada and California have increased for the
first time since last summer, with Tahoe City given the unfortunate
distinction of having the highest price in the lower 48 states,
according to AAA.
But even $2.40 a gallon in Tahoe City is a far
cry from the $5 per gallon gas found at some stations around the basin
last summer. With the cost now far less than last year's spike, South
Shore tourism officials are pushing the affordability factor as a
reason to visit Tahoe, especially over the Martin Luther King Jr.
holiday weekend.
"The lower gas prices and what our
destination actually offers visitors is a great value," said Carol
Chaplin, executive director of the Lake Tahoe Visitors Authority. "We
are affordable in terms of travel, lodging rates and recreation
opportunities. You can fill your tank now for less than $25. ... The
low gas prices are a compelling incentive to travel."
Gas prices
around Stateline and South Lake Tahoe over the past week have remained
at $2.19 a gallon on average, far less than the $4.89 average from last
summer.
The average price for a gallon of self-serve unleaded is
now $1.93 in Nevada. That compares with a national average of $1.79.
Statewide in California the average is $2.01, up 21 cents since the
Dec. 9 report. In Northern California, the average price of a gallon of
gas is $1.79, up a quarter from last month.
AAA officials say
prices likely will rise higher this spring as refiners cut back on
gasoline production. But officials said they don't expect the "wild
ride of ups and downs" that occurred last year because there's now a
stronger supply of oil and weakened demand for gasoline across the
country.
"Demand for gasoline is at its lowest point of the
year," said Matt Skryja, AAA Northern California spokesman. "Right now,
even with uncertainty in the supply chain internationally, it seems the
tough economy and decreased demand may soon help reverse the recent
upward trend in prices."
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