February 2009 Room Statistics Taxable room revenues for the month total $14,589,608 and are below prior year by $7,888,193 (-35.1%). Cash occupied room nights of 221,646 are below prior year by 72,133 (-24.6%). Comp occupied room nights of 57,354 are below prior year by 10,874 (-15.9%), and 28-Day occupied room nights of 97,439 are below prior year by 14,208 (-12.7%). Total occupied rooms for the month (Cash,Comp, 28-day) of 376,439 are 97,215 (-20.5%) below the prior year. Overall, Washoe County occupancy percentages of 54.7% for the month are 16.7% below the 65.7% level of the prior year. There were 32,286 (-4.5%) less available rooms for the month. Overall cash average rates for the month of $65.82 are down $10.69 (-14.0%), compared to $76.51 for the prior year. Year-to-date cash occupied room nights of 2,238,194 are 343,084 (-13.3%) below prior year. Cash average rates year-to-date of $74.87 are $5.19 (-6.5%) below prior year. Year-to-date, total taxable room revenues of $167,564,682 are $39,079,757 (-18.9%) below prior year.
Available Rooms
Total Occupied Rooms
Hotels
429,070
247,227
57.6%
71.1%
(13.5)
-19.0%
Motels
57,764
20,522
35.5%
43.3%
(7.8)
-18.0%
28 Day
118,552
77,503
65.4%
73.2%
(7.8)
-10.7%
RV Parks
48,664
21,886
45.0%
50.5%
(5.5)
-10.9%
Timeshares
16,569
2,839
17.1%
25.8%
(8.7)
-33.7%
Vacation Rentals
17,724
6,462
36.5%
41.0%
(4.5)
-11.0%
Totals
688,343
376,439
54.7%
65.7%
(11.0)
-16.7%
Segments
Percentage of Occupancy Actual Last Year
CASH OCCUPIED ROOMS NIGHTS
Increase (Decrease) Amount % Percent
AVERAGE CASH RATES $500.00
350,000
$300.00
$335.79
$264.68
$350.00
$250.00
0
Hotels
Motels Actual
28 Day
RV Parks
Timeshares
Vacation Rentals
$45.76
$39.89
$0.00
Hotels
Motels
28 Day
RV Parks
Actual
Last Year
$22.36
$16.87
$27.28
$24.27
$50.00
$48.49
1,942
1,545
4,621
2,277
2,839
$100.00
2,259
13,573
8,889
16,870
50,000
24,120
$150.00
100,000
$39.72
$200.00
150,000
$80.99
200,000
$400.00
$69.45
250,000
189,244
300,000
247,246
$450.00
Attached please find the detail statistics for each market segment. Contact: Tim D. Smith VP Finance tsmith@rscva.com 775-827-7637
Reno-Sparks Convention & Visitors Authority - P.O. Box 837 - Reno, Nevada 89504-0837
Timeshares
Last Year
Vacation Rentals