Soaring Gas Prices

[jimmer]

Just Wondering,

 

I assume that escorts have to spend more for travel and clients have less cash to spend. So, my question is: Are the increasing profits of the oil companies cutting into your business as escorts?

 

Jimmer

[Rick Munroe]

>So, my question is: Are the

>increasing profits of the oil companies cutting into your

>business as escorts?

 

No, because we use water-based lube.

[Bearman]

>>So, my question is: Are the

>>increasing profits of the oil companies cutting into your

>>business as escorts?

>

>No, because we use water-based lube.

 

LOOOL!! Very very good! I always appreciate your wit Rick Thanks for giving me a good laugh to start my day.

 

All the best!

[Rick Munroe]

>Thanks for giving me a good laugh to start my day.

 

Hey, I do what I can to spread joy on the board. Btw, your day was starting as mine was ending!

[Guest ncm2169]

Judging from my good buddy DJ's experience here in Mpls, it's not just a matter of the price of gas, it's more of a fundamental matter of the economy which has clients hiring less. x(

[mattsmojo]

Just - yes. Of cours eit has - unless you are an incall only guy - and even then it is effecting your clients as well - you have to be feeling it.

[Guest PatrickBogan]

hi Jimmer,

 

I don't often post, but your question opens a very big discussion. To answer your question, I can give you some generalities. I manage the logistics for our travel group, which consists of three escorts and an administrative assistant.

 

Between us, our average motor fuel bill averages about $1,100 per month (calculated today as it keep changing every day). That has risen significantly. We travel city-to-city in a very large 4WD SUV that uses alot of motor fuel. Although it is very costly to operate, it provides comfort and safety for four large guys and cargo.

 

Sadly, that's just the beginning of the budget problems, as our air travel costs have risen somewhere around 40% in just a few months. Finding deals is harder and because our plans change very frequently, we often have to purchase the more expensive tickets. On the flip side, our average hotel costs have leveled off just a slight bit because of weaker demand in the hotel sector. During the last two years, inflation in the hotel budget line was a big problem.

 

Typically the clients don't know about these increased costs and we have to absorb the additional expense. Our travel/pricing model generally does not require the client to pay for the travel costs except in specific situations, and these increased travel costs equate to reduced profit.

 

Our rates vary by time of year, market city, and competitive factors. A competitive analysis is done for each market-city before we plan a visit there; typically this is done by looking at our historic P/L data (some of which is extensive), current events at the location, average rates in that market city, and who else is working there at the time. This is how we determine where and when to visit or not visit specific locations.

 

I have had to raise some of the rates for different services, for example the one-hour rate in most markets I increased by $25 or $50, but the 2 and 3 hour rates as well as overnight, entire-weekend, and full-seven-day-week appointments have stayed the same. For many of my travel appointments, where I did not charge a travel fee at all (I covered all travel costs), now I have had to start charging a fee (in certain cases only though). Even with the increases, which have been generally accepted, we're still not covering the inflation in our operating costs.

 

Regarding the economy as whole, we (as in our group of three guys) have been somewhat fortunate to have many repeat clients, and almost all of our bookings are coming from our client list (not from new callers). I'd say around 85% without actually pulling up the spreadsheet and calculating it. So things are tightening up very significantly from some sides of the market (as in new clients) and yet more stable for the repeat-booking side (at least for now thank goodness).

 

I do expect it to get slightly worse in the United States during the next three months; as some of the other respondents have mentioned, summer is a difficult period. There are some ways to work around the summer slump, but with a soft market there's only so much you can do. Parts of the summer we work in Europe (especially Jaimie who speaks seven languages), earning Euros, to offset the effects of low season in the US. The situation will start to reverse in late August, as it does every year, even though the economy as a whole will still be struggling.

 

Im sorry for the long response, just read the parts you want to. I'm sure this may spark other discussions as I have touched on many topics.

 

 

 

Patrick

 

Patrick Bogan http://www.patrickbogan.com

Jaimie Ansaloni http://www.jaimieansaloni.com

Milo Andreas (see Patrick's website)

Emily (admin) (nobody will ever meet Emily)

 

Book one or all three of us together...sorry a bit of self-promotion <g>

[seaboy4hire]

For me a possible yes. I am supposed to head out to MSP and Denver this summer but with the price of fuel and it having a drastic impact on jet fuel I am debating if going to one or both places will be worth it. I was wanting to go out to the new Rock-n-Roll amusement park back east and work but with the price of plane tickets it isn't possible to make any kind of profit. As a result of such issues I've taken on a second day job to try to cover a tiny fraction of what I'd miss out on traveling this summer hence I am working about 70 hours a week. I'd like to thank those who voted to put that dumb ass and his puppet handlers back in the WH for mucking up my summer.

 

Hugs,

Greg

P.S. And no that 70 hrs a week was not a typo.

seaboy4hire@yahoo.com

http://seaboy4hire.tripod.com http://www.daddysreviews.com/newest.php?who=greg_seattle

http://img182.imageshack.us/img182/6707/lebec084a9ad147f620acd5ps8.jpg

Tentative travel cities 2008: Los Angeles April 10 & 13.

[Philly Guy]

>I'd like to thank those who voted to put that dumb ass

>and his puppet handlers back in the WH for mucking up my

>summer.

 

 

ruining "your summer?" I drive 30,000 miles a year plus for my work - with no reimbursement. It's ruining more than my summer.

[rentingdad]

interesting responses. While I haven't seen the rising fuel prices affect me in any personal way I can see how they are affecting others.

 

My reason for posting is regarding your post Patrick. Not familiar with you at all - but wondering if "the four of you" always travel together when working? Interesting and unusual/