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1 miramar beach resort and bungalows project 2 - Santa Barbara ...

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1 our guest, that goes on that property is happy.<br />

2 And the worst thing that can happen in any<br />

3 business, whether it's retail or hospitality, is having<br />

4 a parking problem because that's the first experience,<br />

5 the first experience <strong>and</strong> the last. So that's the<br />

6 impression it's making.<br />

7 That's why we've invested in underground<br />

8 parking. That's why it's currently overparked<br />

9 substantially. As Matt has said, 100 over the Biltmore<br />

10 with more intense uses. I think we're fine. I really<br />

11 do because we're investing a fortune in this hotel.<br />

12 But you do also have the ability to come<br />

13 back. I can't tell you all the things you may want to<br />

14 do. But I'm going to be the first in line saying,<br />

15 "We've got to change something in the operations," if<br />

16 for some reason we're having a parking problem.<br />

17 Valet goes a long way to helping that also<br />

18 because we do have the ability to stack cars that you<br />

19 can't in self-parking situation, <strong>and</strong> that's why we like<br />

20 valet.<br />

21 I will also tell you that sort of an<br />

22 ancillary benefit just to get to a comment on ADD -- ADA<br />

23 that I wanted to -- I think I've got ADD -- ADA that I<br />

24 wanted to respond to.<br />

25 One of the big drivers in the grading plan is<br />

294

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