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HomeMy WebLinkAboutTDA Board Meeting May 29 2019 NEW HANOVER COUNTY TOURISM DEVELOPMENT AUTHORITY BOARD OF DIRECTORS May 29, 2019 PRESENT: Joe Benson – Mayor – Town of Carolina Beach Bill Blair – Mayor – Town of Wrightsville Beach Craig Bloszinsky, Mayor – Town of Kure Beach Jason Bryant – Vacation Rental Properties Christine Divoky, Tourist Attraction Natalie English, Wilmington Chamber of Commerce Kim Hufham, President/CEO – NHC TDA Nicole Jones, Hotel Manager/Owner – (150- rooms) Patricia Kusek – NHC Board of Commissioners Nicolas Montoya, WB Hotel Manager/Owner – (150+ rooms) Chuck Pennington – County B&B Owner/Manager Daniel Perkins, ILM Hotel Manager/Owner – (150+ rooms) Angela Rhodes, County Restaurant Bill Saffo, Mayor – City of Wilmington Lisa Wurtzbacher – NHC CFO EXCUSED: Anne Brodsky, KB Hotel/Motel LeAnn Pierce, CB Hotel/Motel Manager/Owner STAFF: Karla Thompson, Systems Administrator John Sneed, VP Sales & Services Connie Nelson, Communications/PR Director Shawn Braden, Executive VP Marketing Linda Brothers, Financial Analyst, New Hanover County GUESTS: Chairman Daniel Perkins called the meeting of the New Hanover County Tourism Development Authority Board of Directors to order at 5:30 p.m. in the Lucie Harrell Conference Room at the New Hanover County Government Complex. ITEM #1 EXCUSED MEMBERS Chairman Daniel Perkins noted excused absences for LeAnn Pierce, CB Hotel/Motel & Anne Brodsky, KB Hotel/Motel. 1 ITEM #2 – APPROVAL OF BOARD MINUTES – March 27, 2019 \[Motion made by Chuck Pennington, seconded by Pat Kusek and unanimously approved to accept March 27, 2019 TDA Board minutes as presented.\] ITEM #3 – FINANCIALS/ROT REPORT –LISA WURTZBACHER NHCTDA Treasurer Lisa Wurtzbacher reported for July 1, 2018 – April 30, 2019. ROT revenues received to date 51% through March 2019. Expenditures are at 67% through April 2019. Individual ROT collections are noted in attached report as presented by Lisa. ITEM #4– PRESENTATION OF FY 2019/2020 BUDGET President/CEO Kim Hufham presented the FY 2019/2020 TDA Budget for approval by the Board of Directors. The following key points were presented to summarize comparisons from prior year:  Total budget presented is $7,365,658 compared to previous year 2018/2019 budget of $6,838,417. New fiscal year total budget represents a 7.71% increase over prior fiscal year budget.  Revenues are based on 2018/2019 actual collections as well as historical revenue growth. First 9 months of current budget is running a 24.51% increase. Revenues continue to show steady growth over the previous record setting 7 years and we are currently on target to set our 7th consecutive benchmark year in room occupancy collections.  First 3% budget shows 23% increase in expenditures.  First 3% budget continuing to focus on marketing and promotion representing. 81% of budget. Marketing & advertising programs will continue to be based on the strategic direction recommendations working with our agency and recommendations identified in the Strategic Vision Plan. Kim Hufham reviewed the proposed line-item budget with the TDA Board and discussed the following areas:  Salaries and Benefits o Merit Pool of based on average of 2% o Insurance & Benefits – 6% average increase o Cost of Living adjustment – 2.5% o New Position - Marketing  Administration: o Adjustments based on actual costs 2 o Contracted services - Age of van & Malibu warranty  Visitor Services: o Contracted services – parking increase  Marketing & Promotions o Contracted Services –  Research as recommended by Strategic Plan  Brochures & Publications o Publication Reprints o Annual Report & Brand Toolkit o Press Kit Revisions  Photography & Video o Meeting & Convention updates o Communications Video  Advertising o Continue with aggressive paid social spend as a result of its effectiveness in driving engagement and leads o Special Interest Initiative o Out of state Marketing  Education o Increased Staff Development opportunities  Promotions o Website Development o AAA Fam Sponsorships o SV CMX Map Publishing o Trade Show Booths  Trade Shows o 3 additional shows  NY Times Travel Trade  Travel Media Showcase  IMEX  Capital expenditures o Scheduled replacement of pcs and monitors o Office Furniture replacement o Cloud Integration  District U o Advertising  Sports Advertising & Creative  Leisure Advertising o Sports Marketing:  Increase in Sales Calls  Additional Shows based on recommendation of Director of Sports Development Kim Hufham also noted that budget items that are directly tied to the 3 year Strategic Plan are highlighted to be easily identified. 3 There being no further discussion on the FY 2019/2020 NHC TDA Budget, Chuck Pennington moved that the FY 2019/2020 Budget in the amount of $7,365,658 be recommended for adoption. Motion was seconded by Jason Bryant and carried unanimously. A copy of the proposed budget is attached for record. The formal budget adoption and Public Hearing is set for June 12, 2019 at 5:00 pm. ITEM #5 – STRATEGIC PLAN UPDATE – KIM HUFHAM President/CEO Kim Hufham updated the TDA Board on the progress of the TDA Strategic Plan. As noted in the budget presentation, initiatives that were identified for FY 19/20 have been incorporated into the budget for implementation. Staff is working on a Request for Proposals (RFP) for the research project slated for this fiscal year and work has begun on new website planning. The Strategic Plan Update will become a fixed item on the TDA Board agendas moving forward. ITEM #6– PRESIDENT’S COMMENTS – KIM HUFHAM President/CEO Kim Hufham presented the following updates:  Marketing: o Live Like a Local Campaign will launch in Fall o New Trip Advisors features: Premium Destination Partnership o 2020 Visitors Guide Sales in final stages o BrandUSA will be in our destination filming next week o Photo shoots, video shoots over the next several weeks  Sales: o Molly Johnson received the MPI-CC Corey D. Bizzell Award of Excellence at the annual meeting o Robert Cox has been appointed to the SportNC Board of Directors o Joel Smith has been appointed to the SGMP/NC Board of Directors o Staff will be attending several shows in the upcoming months o Large amateur wrestling event held at Wilmington Convention Center with over 1200 participants  Communications/PR: o Updating/Revising Crisis Plan o Summer Preparedness Update o PRSA Annual Conference  Program of Work/Strategic Vision Plan o Present to TDA at August Meeting o Industry Partner presentation- September ITEM #7 – OLD BUSINESS/NEW BUSINESS 4 None presented ITEM #8- CHAIRMAN’S COMMENTS – DANIEL PERKINS Chairman Perkins reminded the Board of the Grand Re-opening celebration at the Verandas on July 14, 2019 at 5 pm. Everyone is invited to attend. Additional information located in Exhibit Book XIII. ADJOURNMENT There being no further business to come before the NHDTDA Board of Directors, Motion to adjourn at 6:12 pm made by Jason Bryant. Motion was seconded by Chuck Pennington and carried unanimously. Next meeting – Public Hearing & Budget Adoption – June 12, 2019 ______________________________ __________________________ Kim Hufham, President/CEO Angela Rhodes, Secretary Minutes located in TDA Board Minutes Book XIII 5