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HomeMy WebLinkAboutTDA Executive Board Meeting January 18 2023 NEW HANOVER COUNTY TOURISM DEVELOPMENT AUTHORITY EXECUTIVE COMMITTEE MEETING Wednesday, January 18, 2023 PRESENT: Nicole Jones – Chairman Kim Hufham – President/CEO Angela Rhodes -Vice- Chairman Tom Ullring – Secretary Eric Credle- Treasurer/NHC CFO EXCUSED: STAFF: Kim Little - Admin. Services Manager/Recording Secretary Linda Brothers – Senior Financial Analyst, NHC NHC TDA Board Chairman Nicole Jones called the Executive Committee Meeting to order at 3 o’clock. The virtual WebEx meeting was initiated at the offices of the CVB. ITEM I: APPROVAL OF EXECUTIVE COMMITTEE MINUTES- October 18, 2022 \[Motion made by Nicole Jones, seconded by Tom Ullring and unanimously accepted to approve the October 18, 2022, Executive Committee minutes.\] ITEM II: AIRPORT FUNDING REQUEST DISCUSSION- Kim Hufham Jeff Bourke from the NHC Airport Authority will be coming to the board for another funding request. This time it for $125,000 for Sun Country to start a flight from Minneapolis, MN to Wilmington, NC. This flight would begin in June 2023. The issue is the process in which the NHC Airport Authority announces that the money had been used as an incentive to bring Sun Country. The executive committee believes that the TDA should be part of the conversation when their funds are being used in an incentive package. TDA want to promote the partnership with the NHC Airport Authority, but guidelines need to be developed to keep an open conversation about future funding for future airlines. The issue with Sun County is that Minneapolis doesn’t show up on the GEO target markets. In addition, the peak time of year isn’t where we need increased traffic. The NHC Airport Authority can not advertise in markets that do not service due to FDA regulations. There needs to be collaboration to fly into the markets that more closely align with the market research will have identified as successful markets. 1 The executive committee believes that offering half ($62,000) to the NHC TDA Board members to approve or decline is a compromise. Jeff Bourke will be asked to come back to give the Board an update of Sun County’s first year of air service from Minneapolis, MN to Wilmington, NC. Kim Hufham and Nicole Jones will set-up a meeting to discuss the reasoning of the reduction in the request that the NHC Air Authority proposed this time around. Kim plans to continue to strengthen the relationship between NHC TDA and the NHC Air Authority. The NHC TDA Board has a fiduciary duty with the funds that are requested to fund any new airlines. Some research needs to be done to see if the neighboring counties benefit from these new airlines and should they be approached to chip in dollars. ITEM III: STRATEGIC PLAN UPDATE- Kim Hufham The 2023/2024 Strategic Plan update will be presented. Mythic’s Wendy Parker and Rachel Cobb will facilitate the meeting presentation. The staff have met to review the seven core challenges and are asking for input from the NHC TDA Board members. FY 22-23: Marketing Strategies:  Extended Seasonality  Higher Income Targeting  Educate Out-of-State Travelers  In-state- Western Focus for longer stays  Hybrid Plan- Unified Campaign complemented with dedicated beach plan. ITEM IV: PRESIDENT/CEO COMMENTS -Kim Hufham LeAnn Pierce, newly elected NHC Commissioners, is returning to the NHC TDA in place of Deb Hay, NHC Commissioners. She is serving on the NHC Airport Authority. There are 2 opening on the NHC TDA Board. There are for a Kure Beach Hotel and Wrightsville Beach Hotel. Mary Baggett still needs to resign to properly advertise for the Wrightsville Beach Hotel opening. ITEM V: CHAIRMAN’S COMMENTS- Nicole Jones ITEM VI: ADJOURNMENT- Nicole Jones 2 There being no further items, adjournment at approximately 3:40 p.m. _____________________________ ___________________________ Kim Hufham, President/CEO Tom Ullring, Secretary 3