Austin F1 Circuit Construction & Updates (On-Topic Only)

[CONOSUR]

Yep.

[driverrr]

Hairy, thanks so much for all you've contributed to this thread. I have enjoyed every minute of it.

[driverrr]

I also want to add that thanks to everyone on this thread, we have all witnessed history. The construction of the first track specifically built for the purpose of Formula 1 racing. I never thought I would see it in my lifetime. I'm bummed I can't make it to the race next week, but I will have the advantage of letting them workout all of the traffic nightmares before I attend in 2013. An F1 track 3 hours from my front door. I still can't believe it...LOL

[tom95134]

Remember right after the race date was announced & everyone said they couldn't get a room in Austin except for a handful of ultra-expensive rooms? Somebody convinced the Austin hotel industry that price was no object to the incoming F1 crowd....& that **** blew up right in their faces. There are thousands of rooms right now as they get released from blocks & the price has been falling like a rock over the last couple of weeks.

Nobody has to "convince" any hotelier to block all their rooms when a major event is announced. It is standard practice. In fact, in cases of major chains the blocking is done from the corporate reservations system. Over a month or two packages are sold to tour operators and then it is normally up to the local property to release rooms for booking as they see fit. However, smart reservations managers release these slowly and make every attempt to package them to maximize their profits. As the event gets nearer the reservations manager keeps an eye on reservation attempts and when they start to decline more rooms will be opened up. The last rooms are usually opened very near to the date of the event and in some cases may never be sold. It doesn't make any difference because they will sell to walk-ins. Also you need to keep in mind that hotels will always overbook rooms. This is done because people cancel and the target is to end up 100% occupied. Just to make sure you can meet the needs of those arriving should you not have enough cancellations a major hotel will book rooms at another hotel just in case they need to cover a situation where they don't have the room. And finally, people will book rooms requiring a cash deposit but never send the deposit.

That is why hotel rooms are available now (or were a few days ago).

[Turbot]

Be glad when this race is over so this"on topic only" crap thread dies! Lets go move some dirt and take pics...elsewhere

[driverrr]

And who was it that held a gun to your head and forced you to follow this "on topic only crap thread" for the last two years?

[Turbot]

KMA too

[driverrr]

Lol!

[Turbot]

Lol!

I'm just messin' with you man..No offence taken..LOL

[driverrr]

None taken here either Turbot. Enjoy this weekend!