for profitable outcome. and just what peter daly mentioned, the concept of same-day cruise call and event would be a game changer. as you see in the estimates moving from 52 to 65% utilization increasing port revenues about $300,000. between the skcenarioscenarios. so the ability to maximize the facility will change the picture. for the record it s important to recognize we not just look at port revenues, with the cruise calls the city benefits in terms of the money spent in hotel, restaurants and retail. and that s the added value we are not recognizing directly, but indirectly. and of course if you have special events people are spending money on catering, etc. so there is money going into the local economy. but on the other hand we do need to make sure we are looking at it from a standpoint of what the port needs to sustain itself. and recognize that the added benefit of tourism of the city is another benefit that we think is very valuable. and we want to do our part in
we have been talking about utilization of the facility. and in the low scenario as in the high scenario, more than 50% of the days are not actively used. so you see not rented is 27% of days and special events is 29%. and cruise calls at 14%, and that assumes a 3-day turn. getting more active days in the facility is critical to changing, increasing port revenues. the report looks at different options. one is decreasing the term time from 3 to 2.5 days. and increasing the special event occupancy from 62% to 65%. and you see the low scenario goes from a subsidy to a profit if both are increased. the high scenario goes to a profit of 1.2 million if both improvements are achieved. the reason for this is as the turn days go down and occupancy goes up, there are more special events in the facility under both scenarios. and this chart shows moving from 41 to 62%, and 49 to 70 in the high scenario. so the positive impacts to port revenue above and beyond what is assumed here, shorter
profit of 1.2 million if both improvements are achieved. the reason for this is as the turn days go down and occupancy goes up, there are more special events in the facility under both scenarios. and this chart shows moving from 41 to 62%, and 49 to 70 in the high scenario. so the positive impacts to port revenue above and beyond what is assumed here, shorter turn-around times. strategic plan for utilizing secondary berths. higher utilization rates on nonvessel and turn days. expanded special events and parking areas. and efficiencies that reduce costs. for modeling purposes we looked at renting out the building for one event at a time. not two events. we did not look at renting out the gta or provisioning area. we have a conservative look at what is possible. any expansions in space or multiple events will increase revenues to the port. on the negative side, any reduction of consumption of cruise passengers, we earn a lot from the per head fee. would have a negative impact.
goes from a subsidy to a profit if both are increased. the high scenario goes to a profit of 1.2 million if both improvements are achieved. the reason for this is as the turn days go down and occupancy goes up, there are more special events in the facility under both scenarios. and this chart shows moving from 41 to 62%, and 49 to 70 in the high scenario. so the positive impacts to port revenue above and beyond what is assumed here, shorter turn-around times. strategic plan for utilizing secondary berths. higher utilization rates on nonvessel and turn days. expanded special events and parking areas. and efficiencies that reduce costs. for modeling purposes we looked at renting out the building for one event at a time. not two events. we did not look at renting out the gta or provisioning area. we have a conservative look at what is possible. any expansions in space or multiple events will increase revenues to the port. on the negative side, any reduction of consumption of cru
today, tuesday, november 1, 2011. live from studio one a in rock feler plaza. welcome. i m ann curry. and i m matt lauer. herman cain came out of nowhere to become a force in the gop presidential race. now he s finding out the hard way about the attention with a front runner. he spent much of monday addressing questions about sexual harassment allegation he faced 20 years ago. he only seemed to add to his problems. we re going to get perspective from tom brokaw straight ahead. a wum who suffered severe burns to her face and neck after a fire broke out in the operating room. it happens more often than you might think. we ll talk about that problem a little later on. plus an unforgettable proposal that s gone viral. a young woman so surprised that her boyfriend got down on one knee that she fainted. that s not off to a good start. maybe that s a question. i m not sure. we re going to get to the bottom of what happened. let s begin with the republican presidential