2011 Advisory Council Meeting Reports Now Available Online
The 2011 Royal Resorts Advisory Council reports and financial statements are now available online.
The Advisory Council meetings took place in Cancun October 24 – 26 and once the reports are compiled, they are reviewed by a number of departments to ensure accuracy before being published.
Before consulting the Advisory Council report for your resort, we recommend that you read the General Introduction as it discusses the economic factors taken into account when preparing the budgets and assessing the Club Service Fee. It also mentions the General Meeting and the guest speaker Dr. Jonathan Heath, who gave an interesting presentation on the economic outlook for Mexico, its buoyant export sector, growing consumer and producer confidence and prospects for growth.
The reports for The Royal Mayan, The Royal Caribbean, The Royal Islander and The Royal Sands give details of the improvements completed at the resorts during 2011, the projects approved for 2012 and the income statements. The resort operating budgets for The Royal Cancun and The Royal Haciendas are also included.
The Advisory Council reports will also be published in the printed and electronic editions of Royal Resorts Life, the annual magazine for Royal Resorts members, both of which will be available later this month.