I thought this would be a great location for my guests - right across the street from Casa Del Mar (My reception venue), but with the failing economy last year, none of my guests wanted to pay the nearly $250 per night rate. When I tried to cancel my room block, the man that took over for the lady I had booked it with originally, threatened me that my credit card would be charged with all 10 rooms for 4 nights each if I couldn't get my guests to book there. I finally just canceled my entire block, since nobody wanted to spend the money. Your guests will stay where they can afford, and you don't need the added stress of a $10K hotel bill on top of your reception bill.
Click on each tool to see a sample.