NewcrestImage  ·  Asset Management

GM Commentary Summary

Page 1 · Performance Data
Week of June 18 – 24, 2026
Financials: June forecast vs. budget
Property
Occupancy
ADR
RevPAR
Total Revenue
GOP
STR RGI
GSS YTD
The Loom
Luciana Arbogast · Warwick, RI
▲ Ahead of Budget
89.1%
+2.5 pt
$193.05
+$14.03
$171.92
+$17.00
$1.02M
+$75.8K
$406.8K
+$13.0K
132
#1 of 7
70.9
br 68.0
The Ricardo Marriott Westlake
Westlake, TX · DFW Marriott
▼ Behind Budget
51.2%
−19.8 pt
$171.81
−$27.71
$87.94
−$53.65
$1.16M
−$644.6K
$220.9K
−$385.8K
47
28-day
65.2
br 63.4
Hotel Mockingbird
Michael Beck · Dallas, TX
▼ Behind Budget
64.5%
−7.1 pt
$170.02
−$50.50
$109.69
−$48.15
$1.27M
−$584.9K
$407.7K
−$372.2K
54
7-day
70s
rising
The Elmore Hotel
K. Krishnamoorthy · DFW Southlake, TX
▼ Behind Budget
58.0%
−16.0 pt
$215.15
+$14.82
$124.79
−$23.49
$817.7K
−$216.4K
$347.5K
−$71.9K
50
7-day
72.9
br 67.7
Courtyard Pittsburgh Coraopolis
Coraopolis, PA · 148 rooms
▼ Behind Budget
73.7%
−8.2 pt
$131.82
−$22.41
$97.14
−$29.09
$499.9K
−$142.0K
$233.8K
−$96.3K
102
28-day
44.1
br 60.8
Courtyard Boston Norwood
Norwood, MA · 147 rooms
▼ Behind Budget
51.9%
−7.7 pt
$204.09
−$7.44
$105.88
−$20.10
$550.7K
−$87.8K
$249.8K
−$62.6K
120
weekly
46.6
br 58.2
NewcrestImage  ·  Asset Management

GM Commentary Summary

Page 2 · Action Items
Week of June 18 – 24, 2026
This week’s focus, and a few owner decisions
Property
This Week’s Focus
Owner Decisions
The Loom
Luciana Arbogast · Warwick, RI
▲ Ahead of Budget
  • Worth adding front-desk coverage — the hotel is 90%+ full but staffed with only 2 desk agents and no overnight (night-audit) coverage, and a recent job offer was turned down.
  • Worth moving the valet-parking proposal to a decision — it would add revenue and is sitting idle awaiting approval.
  • A strong week to recognize this team — they rank #1 of 7 hotels in their market and are beating budget on every measure.
Recommend approving extra pay or a signing bonus for front-desk roles — far cheaper than the guest-loyalty damage of running short-staffed at full occupancy.
The Ricardo Marriott Westlake
Westlake, TX · DFW Marriott
▼ Behind Budget
  • Recommend a written plan to get back on budget for the rest of the year — only 51% of rooms are filling versus the 71% planned. Target a first draft by July 3.
  • Worth speeding up hiring to ease the costly temporary and overtime staffing (13+ roles open) — the June 30 overtime report will show progress.
  • Where coverage allows, recover the recent breakdown costs through warranty or insurance.
Recommend a full inspection of the building’s systems — two A/C units, an elevator, and the Wi-Fi all failed in one week ($90K+), which may signal more to come.
Hotel Mockingbird
Michael Beck · Dallas, TX
▼ Behind Budget
  • Time to raise July rates — the hotel is selling rooms at roughly half the price of nearby competitors, the main reason revenue is missing.
  • Worth getting the water-damage repair bill and confirming insurance coverage before the cost arrives.
  • The planned restaurant & bar events are worth running this week — food and beverage revenue is $127K under budget and could use the foot traffic.
Recommend a coordinated rate increase across Mockingbird and Pittsburgh — both are cutting prices too far to fill rooms, which is hurting revenue.
The Elmore Hotel
Kalyana Krishnamoorthy · DFW Southlake, TX
▼ Behind Budget
  • A closer look at the food & beverage plan would help — banquets and catering are down 81% and total F&B is $78K under budget; the target may need a reset.
  • Locking in the open group bookings this week would close July’s small $4K shortfall to budget.
  • Filling the 3 open roles (front desk, cook, F&B supervisor) would protect the hotel’s top guest scores; confirm the Wi-Fi and A/C repair dates by Friday.
No decision needed — the team can run this on its own. A quick check-in on the July budget gap would help.
Courtyard Pittsburgh Coraopolis
Coraopolis, PA · 148 rooms
▼ Behind Budget
  • Time to raise rates — the hotel fills more rooms than its competitors but charges noticeably less, leaving money on the table.
  • A plan to improve guest-satisfaction scores would help — at 44.1 they’re the lowest in the portfolio and below brand standard.
  • Confirming start dates for the new hires would ease the reliance on housekeeping overtime.
Ready for approval: the $8K sprinkler repair (a safety item) and $7.5K A/C compressor — $20.5K in total.
Courtyard Boston Norwood
Norwood, MA · 147 rooms
▼ Behind Budget
  • Time to extend an offer for the open Assistant General Manager role — the seat has been empty heading into the busy summer.
  • A plan to improve guest-satisfaction scores would help — at 46.6 versus the 58.2 brand average, they need attention.
  • Worth building a demand plan for July — the recent World Cup boost was a one-time event and won’t repeat.
Recommend replacing the broken A/C unit in Room 146 — it’s one of only 10 suites, so every night out of service loses high-rate revenue.