February 2008 Room Statistics Taxable room revenues for the month total $22,480,104 and are above prior year by $801,026 (3.7%). Cash occupied room nights of 295,273 are below prior year by 9,477 (-3.1%). Comp occupied room nights of 68,228 are above prior year by 6,863 (11.2%), and 28-Day occupied room nights of 111,933 are below prior year by 5,747 (-4.9%). Total occupied rooms for the month (Cash,Comp, 28-day) of 475,434 are 8,361 (-1.7%) below the prior year. Overall, Washoe County occupancy percentages of 66.0% for the month are 4.7% below the 70.7% level of the prior year. There were 36,560 (5.3%) more available rooms for the month. Overall cash average rates for the month of $76.13 are up $4.99 (7.0%), compared to $71.14 for the prior year. Year-to-date cash occupied room nights of 2,584,675 are 87,958 (-3.3%) below prior year. Cash average rates year-to-date of $79.95 are $5.42 (7.3%) above prior year. Year-to-date, total taxable room revenues of $206,650,214 are $7,453,220 (3.7%) above prior year.
Available Rooms
Total Occupied Rooms
Hotels
441,158
312,878
70.9%
75.6%
(4.7)
-6.2%
Motels
66,004
30,280
45.9%
61.1%
(15.2)
-24.9%
28 Day
126,888
93,274
73.5%
76.4%
(2.9)
-3.8%
RV Parks
50,402
25,477
50.5%
55.5%
(4.9)
-8.9%
Timeshares
17,936
6,043
33.7%
33.3%
0.4
1.3%
Vacation Rentals
18,241
7,482
41.0%
27.9%
13.1
47.0%
Totals
720,629
475,434
66.0%
70.7%
(4.7)
-6.7%
Segments
Percentage of Occupancy Actual Last Year
CASH OCCUPIED ROOMS NIGHTS
Increase (Decrease) Amount % Percent
AVERAGE CASH RATES $500.00
350,000
$335.79
$400.00 $350.00 $300.00
200,000
$288.42
244,398
$250.00
0
Hotels
Motels
28 Day
Actual
RV Parks
Timeshares
Vacation Rentals
Last Year
$36.22
$34.99
$23.13
$22.36
$27.44
$55.98
$27.31
$50.00
$49.36
2,143
1,942
5,675
2,238
6,043
$100.00
2,277
16,077
13,645
26,968
50,000
36,296
$150.00
100,000
$80.54
$200.00
150,000
$76.64
250,000
$450.00
242,321
300,000
$0.00
Hotels
Motels
28 Day
RV Parks
Actual
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
Reno Sparks Convention and Visitors Authority Combined Room Statistics February 2008 Description
Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Taxable Room Revenues
$22,480,104
$21,348,628
$1,131,476
5.3%
$21,679,078
Occupied Rooms - Cash
295,273
282,280
12,993
4.6%
304,750
(9,477)
-3.1%
$76.13
$75.63
$0.50
0.7%
$71.14
$4.99
7.0%
Occupied Rooms Cash Comp 28 Day
295,273 68,228 111,933
282,280 66,585 116,280
12,993 1,643 (4,347)
4.6% 2.5% -3.7%
304,750 61,365 117,680
(9,477) 6,863 (5,747)
-3.1% 11.2% -4.9%
Total Occupied Rooms
475,434
465,145
10,289
2.2%
483,795
(8,361)
-1.7%
Average Rate - Cash
$801,026
3.7%
Percentage of Occupancy Cash Comp 28 Day
41.0% 9.5% 15.5%
37.5% 8.9% 15.5%
3.4 0.6 0.1
9.1% 6.9% 0.4%
44.5% 9.0% 17.2%
(3.6) 0.5 (1.7)
-8.0% 5.5% -9.7%
Total Percentage of Occupancy
66.0%
61.9%
4.1
6.6%
70.7%
(4.7)
-6.7%
Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timehares
244,398 26,968 13,645 2,277 1,942 6,043
221,501 35,034 15,655 2,194 2,164 5,732
22,897 (8,066) (2,010) 83 (222) 311
Total Occupied - Cash
295,273
282,280
12,993
Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
55.4% 40.9% 10.8% 4.5% 10.6% 33.7%
48.1% 49.0% 11.4% 4.8% 11.6% 32.5%
7.3 (8.2) (0.6) (0.3) (0.9) 1.2
Total Occupancy Percentage - Cash
41.0%
37.5%
3.4
Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares Total Cash Average Rate
10.3% -23.0% -12.8% 3.8% -10.3% 5.4%
242,321 36,296 16,077 2,238 2,143 5,675
2,077 (9,328) (2,432) 39 (201) 368
0.9% -25.7% -15.1% 1.7% -9.4% 6.5%
4.6%
304,750
(9,477)
-3.1%
15.2% -16.7% -5.6% -5.3% -7.9% 3.8%
60.3% 55.0% 12.0% 4.6% 12.7% 33.3%
(4.9) (14.2) (1.3) (0.1) (2.0) 0.4
-8.2% -25.7% -10.6% -1.5% -16.1% 1.3%
9.1%
44.5%
(3.6)
-8.0%
$80.54 $55.98 $27.31 $22.36 $335.79 $34.99
$81.98 $52.27 $28.17 $24.28 $299.87 $37.65
($1.44) $3.71 ($0.86) ($1.92) $35.92 ($2.66)
-1.8% 7.1% -3.1% -7.9% 12.0% -7.1%
$76.64 $49.36 $27.44 $23.13 $288.42 $36.22
$3.90 $6.62 ($0.13) ($0.78) $47.37 ($1.23)
5.1% 13.4% -0.5% -3.4% 16.4% -3.4%
$76.13
$75.63
$0.50
0.7%
$71.14
$4.99
7.0%
Reno Sparks Convention and Visitors Authority Combined Room Statistics
.
February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
295,273 68,228 111,933
282,280 66,585 116,280
12,993 1,643 (4,347)
4.6% 2.5% -3.7%
304,750 61,365 117,680
(9,477) 6,863 (5,747)
-3.1% 11.2% -4.9%
Total Occupied Rooms
475,434
465,145
10,289
2.2%
483,795
(8,361)
-1.7%
Vacant
245,195
286,767
(41,572)
-14.5%
200,274
44,921
22.4%
Total Available Rooms
720,629
751,912
(31,283)
-4.2%
684,069
36,560
5.3%
Percentage of Occupancy Cash Comp 28 Day
41.0% 9.5% 15.5%
37.5% 8.9% 15.5%
3.4 0.6 0.1
9.1% 6.9% 0.4%
44.5% 9.0% 17.2%
(3.6) 0.5 (1.7)
-8.0% 5.5% -9.7%
Total Occupancy Percentage
66.0%
61.9%
4.1
6.6%
70.7%
(4.7)
-6.7%
Vacant
34.0%
38.1%
(4.1)
-10.8%
29.3%
4.7
16.2%
100.0%
100.0%
0.0
0.0%
100.0%
Revenue Cash - Taxable Comp 28 Day
$22,480,104.13 $4,851,461.20 $2,409,623.07
$21,348,628.00 $4,427,099.00 $2,344,295.00
$1,131,476.13 $424,362.20 $65,328.07
5.3% 9.6% 2.8%
$21,679,077.90 $4,061,698.94 $2,366,348.94
$801,026.23 $789,762.26 $43,274.13
3.7% 19.4% 1.8%
Total Revenue
$29,741,188.40
$28,120,022.00
$1,621,166.40
5.8%
$28,107,125.78
$1,634,062.62
5.8%
$76.13 $71.11 $21.53
$75.63 $66.49 $20.16
$0.50 $4.62 $1.37
0.7% 6.9% 6.8%
$71.14 $66.19 $20.11
$4.99 $4.92 $1.42
7.0% 7.4% 7.1%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
0.0
0.0%
Reno Sparks Convention and Visitors Authority Hotel Statistics February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Occupied Rooms Cash Comp 28 Day
244,398 67,984 496
221,501 66,180 588
22,897 1,804 (92)
Total Occupied Rooms
312,878
288,269
24,609
Vacant
128,280
172,338
Total Available Rooms
441,158
460,607
Last Year
Increase (Decrease) Amount % Percent
10.3% 2.7% -15.6%
242,321 60,960 588
2,077 7,024 (92)
0.9% 11.5% -15.6%
8.5%
303,869
9,009
3.0%
(44,058)
-25.6%
97,813
30,467
31.1%
(19,449)
-4.2%
401,682
39,476
9.8%
Percentage of Occupancy Cash Comp 28 Day
55.4% 15.4% 0.1%
48.1% 14.4% 0.1%
7.3 1.0 (0.0)
15.2% 7.3% -11.9%
60.3% 15.2% 0.1%
(4.9) 0.2 (0.0)
-8.2% 1.5% -23.2%
Total Occupancy Percentage
70.9%
62.6%
8.3
13.3%
75.6%
(4.7)
-6.2%
Vacant
29.1%
37.4%
(8.3)
-22.3%
24.4%
4.7
19.4%
100.0%
100.0%
0.0
0.0%
100.0%
Revenue Cash - Taxable Comp 28 Day
$19,683,264.11 $4,839,916.92 $31,984.88
$18,158,383.00 $4,408,160.00 $28,894.00
$1,524,881.11 $431,756.92 $3,090.88
8.4% 9.8% 10.7%
$18,570,849.42 $4,042,759.93 $28,893.94
$1,112,414.69 $797,156.99 $3,090.94
6.0% 19.7% 10.7%
Total Revenue
$24,555,165.91
$22,595,437.00
$1,959,728.91
8.7%
$22,642,503.29
$1,912,662.62
8.4%
$80.54 $71.19 $64.49
$81.98 $66.61 $49.14
-1.8% 6.9% 31.2%
$76.64 $66.32 $49.14
$3.90 $4.87 $15.35
5.1% 7.3% 31.2%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
($1.44) $4.58 $15.35
0.0
0.0%
Reno Sparks Convention and Visitors Authority Motel Statistics February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
26,968 211 3,101
35,034 320 3,678
(8,066) (109) (577)
-23.0% -34.1% -15.7%
36,296 320 3,678
(9,328) (109) (577)
-25.7% -34.1% -15.7%
Total Occupied Rooms
30,280
39,032
(8,752)
-22.4%
40,294
(10,014)
-24.9%
Vacant
35,724
32,423
3,301
10.2%
25,674
10,050
39.1%
Total Available Rooms
66,004
71,455
(5,451)
-7.6%
65,968
36
0.1%
Percentage of Occupancy Cash Comp 28 Day
40.9% 0.3% 4.7%
49.0% 0.4% 5.1%
(8.2) (0.1) (0.4)
-16.7% -28.6% -8.7%
55.0% 0.5% 5.6%
(14.2) (0.2) (0.9)
-25.7% -34.1% -15.7%
Total Occupancy Percentage
45.9%
54.6%
(8.7)
-16.0%
61.1%
(15.2)
-24.9%
Vacant
54.1%
45.4%
8.7
19.3%
38.9%
15.2
39.1%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,509,746.62 $10,680.24 $104,159.53
$1,831,233.69 $12,416.00 $123,121.34
($321,487.07) ($1,735.76) ($18,961.81)
-17.6% -14.0% -15.4%
$1,791,686.96 $12,415.57 $123,121.03
($281,940.34) ($1,735.33) ($18,961.50)
-15.7% -14.0% -15.4%
Total Revenue
$1,624,586.39
$1,966,771.03
($342,184.64)
-17.4%
$1,927,223.56
($302,637.17)
-15.7%
$55.98 $50.62 $33.59
$52.27 $38.80 $33.48
7.1% 30.5% 0.3%
$49.36 $38.80 $33.47
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$3.71 $11.82 $0.11
$6.62 $11.82 $0.11
13.4% 30.5% 0.3%
Reno Sparks Convention and Visitors Authority 28 Day Motel Statistics February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
13,645 79,629
15,655 84,699
(2,010) (5,070)
-12.8% 0.0% -6.0%
16,077 86,099
(2,432) (6,470)
-15.1% 0.0% -7.5%
Total Occupied Rooms
93,274
100,354
(7,080)
-7.1%
102,176
(8,902)
-8.7%
Vacant
33,614
37,138
(3,524)
-9.5%
31,496
2,118
6.7%
126,888
137,492
(10,604)
-7.7%
133,672
(6,784)
-5.1%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
10.8% 0.0% 62.8%
11.4% 0.0% 61.6%
(0.6) 1.2
-5.6% 0.0% 1.9%
12.0% 0.0% 64.4%
(1.3) (1.7)
-10.6% 0.0% -2.6%
Total Occupancy Percentage
73.5%
73.0%
0.5
0.7%
76.4%
(2.9)
-3.8%
Vacant
26.5%
27.0%
(0.5)
-1.9%
23.6%
2.9
12.4%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$372,631.95 $0.00 $1,699,781.09
$440,998.13 $0.00 $1,719,992.88
($68,366.18) $0.00 ($20,211.79)
-15.5% 0.0% -1.2%
$441,128.36 $0.00 $1,742,047.29
($68,496.41) $0.00 ($42,266.20)
-15.5% 0.0% -2.4%
Total Revenue
$2,072,413.04
$2,160,991.01
($88,577.97)
-4.1%
$2,183,175.65
($110,762.61)
-5.1%
$27.31 $0.00 $21.35
$28.17 $0.00 $20.31
($0.86) $0.00 $1.04
-3.1% 0.0% 5.1%
$27.44 $0.00 $20.23
($0.13) $0.00 $1.11
-0.5% 0.0% 5.5%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority RV Park Statistics February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
2,277 33 23,167
2,194 85 24,748
83 (52) (1,581)
3.8% -61.2% -6.4%
2,238 85 24,748
39 (52) (1,581)
1.7% -61.2% -6.4%
Total Occupied Rooms
25,477
27,027
(1,550)
-5.7%
27,071
(1,594)
-5.9%
Vacant
24,925
18,941
5,984
31.6%
21,733
3,192
14.7%
Total Available Rooms
50,402
45,968
4,434
9.6%
48,804
1,598
3.3%
Percentage of Occupancy Cash Comp 28 Day
4.5% 0.1% 46.0%
4.8% 0.2% 53.8%
(0.3) (0.1) (7.9)
-5.3% -64.6% -14.6%
4.6% 0.2% 50.7%
(0.1) (0.1) (4.7)
-1.5% -62.4% -9.4%
Total Occupancy Percentage
50.5%
58.8%
(8.2)
-14.0%
55.5%
(4.9)
-8.9%
Vacant
49.5%
41.2%
8.2
20.0%
44.5%
4.9
11.1%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$50,906.15 $864.04 $305,274.67
$53,265.18 $6,523.00 $330,394.78
($2,359.03) ($5,658.96) ($25,120.11)
-4.4% -86.8% -7.6%
$51,774.48 $6,523.44 $330,395.07
($868.33) ($5,659.40) ($25,120.40)
-1.7% -86.8% -7.6%
Total Revenue
$357,044.86
$390,182.96
($33,138.10)
-8.5%
$388,692.99
($31,648.13)
-8.1%
($1.92) ($50.56) ($0.17)
-7.9% -65.9% -1.3%
$23.13 $76.75 $13.35
($0.78) ($50.56) ($0.17)
-3.4% -65.9% -1.3%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$22.36 $26.18 $13.18
$24.28 $76.74 $13.35
Reno Sparks Convention and Visitors Authority Vacation Rental Statistics February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
1,942 5,540
2,164 2,567
(222) 2,973
-10.3% 0.0% 115.8%
2,143 2,567
(201) 2,973
-9.4% 0.0% 115.8%
Total Occupied Rooms
7,482
4,731
2,751
58.1%
4,710
2,772
58.9%
Vacant
10,759
13,998
(3,239)
-23.1%
12,174
(1,415)
-11.6%
Total Available Rooms
18,241
18,729
(488)
-2.6%
16,884
1,357
8.0%
Percentage of Occupancy Cash Comp 28 Day
10.6% 0.0% 30.4%
11.6% 0.0% 13.7%
(0.9) 16.7
-7.9% 0.0% 121.6%
12.7% 0.0% 15.2%
(2.0) 15.2
-16.1% 0.0% 99.8%
Total Occupancy Percentage
41.0%
25.3%
15.8
62.4%
27.9%
13.1
47.0%
Vacant
59.0%
74.7%
(15.8)
-21.1%
72.1%
(13.1)
-18.2%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$652,105.97 $0.00 $268,422.90
$648,920.00 $0.00 $141,892.00
$3,185.97 $0.00 $126,530.90
0.5% 0.0% 89.2%
$618,088.47 $0.00 $141,891.61
$34,017.50 $0.00 $126,531.29
5.5% 0.0% 89.2%
Total Revenue
$920,528.87
$790,812.00
$129,716.87
16.4%
$759,980.08
$160,548.79
21.1%
$335.79 $0.00 $48.45
$299.87 $0.00 $55.28
12.0% 0.0% -12.3%
$288.42 $0.00 $55.28
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$35.92 $0.00 ($6.82)
$47.37 $0.00 ($6.82)
16.4% 0.0% -12.3%
Reno Sparks Convention and Visitors Authority Timeshare Statistics February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
6,043 -
5,732 -
311 -
5.4% 0.0% 0.0%
5,675 -
368 -
6.5% 0.0% 0.0%
Total Occupied Rooms
6,043
5,732
311
5.4%
5,675
368
6.5%
Vacant
11,893
11,929
(36)
-0.3%
11,384
509
4.5%
Total Available Rooms
17,936
17,661
275
1.6%
17,059
877
5.1%
Percentage of Occupancy Cash Comp 28 Day
33.7% 0.0% 0.0%
32.5% 0.0% 0.0%
1.2 -
3.8% 0.0% 0.0%
33.3% 0.0% 0.0%
0.4 -
1.3% 0.0% 0.0%
Total Occupancy Percentage
33.7%
32.5%
1.2
3.8%
33.3%
0.4
1.3%
Vacant
66.3%
67.5%
(1.2)
-1.8%
66.7%
(0.4)
-0.6%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$211,449.33 $0.00 $0.00
$215,828.00 $0.00 $0.00
($4,378.67) $0.00 $0.00
-2.0% 0.0% 0.0%
$205,550.21 $0.00 $0.00
$5,899.12 $0.00 $0.00
2.9% 0.0% 0.0%
Total Revenue
$211,449.33
$215,828
($4,378.67)
-2.0%
$205,550.21
$5,899.12
2.9%
($2.66) $0.00 $0.00
-7.1% 0.0% 0.0%
$36.22 $0.00 $0.00
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$34.99 $0.00 $0.00
$37.65 $0.00 $0.00
($1.23) $0.00 $0.00
-3.4% 0.0% 0.0%
Reno Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date February 2008 Increase (Decrease) Amount % Percent
Description
Actual
Budget
Taxable Room Revenues
$206,650,214
$204,660,799
Occupied Rooms - Cash
2,584,675
2,617,250
$79.95
$78.20
Occupied Rooms Cash Comp 28 Day
2,584,675 551,813 991,231
Total Occupied Rooms
4,127,719
Average Rate - Cash
$1,989,415
Last Year
1.0%
$199,196,994
(32,575)
-1.2%
2,672,633
$1.76
2.2%
$74.53
2,617,250 528,803 1,022,875
(32,575) 23,010 (31,644)
-1.2% 4.4% -3.1%
4,168,928
(41,209)
-1.0%
Increase (Decrease) Amount % Percent $7,453,220
3.7%
(87,958)
-3.3%
$5.42
7.3%
2,672,633 523,552 1,024,606
(87,958) 28,261 (33,375)
-3.3% 5.4% -3.3%
4,220,791
(93,072)
-2.2%
Percentage of Occupancy Cash Comp 28 Day
42.6% 9.1% 16.3%
42.7% 8.6% 16.7%
(0.1) 0.5 (0.4)
-0.3% 5.3% -2.2%
44.6% 8.7% 17.1%
(2.0) 0.4 (0.8)
-4.4% 4.2% -4.4%
Total Percentage of Occupancy
68.0%
68.1%
(0.0)
-0.1%
70.4%
(2.4)
-3.4%
Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
2,058,812 268,526 132,001 55,790 18,091 51,455
2,063,597 284,808 141,860 54,475 21,000 51,510
(4,785) (16,282) (9,859) 1,315 (2,909) (55)
-0.2% -5.7% -6.9% 2.4% -13.9% -0.1%
2,103,578 295,240 146,450 55,576 20,795 50,994
(44,766) (26,714) (14,449) 214 (2,704) 461
-2.1% -9.0% -9.9% 0.4% -13.0% 0.0%
Total Occupied - Cash
2,584,675
2,617,250
(32,575)
-1.2%
2,672,633
(87,958)
-3.3%
Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
56.6% 47.7% 11.7% 13.0% 11.0% 34.5%
56.2% 48.1% 12.2% 14.0% 13.3% 34.7%
0.4 (0.4) (0.5) (1.0) (2.3) (0.2)
0.8% -0.9% -3.7% -7.3% -17.2% -0.6%
59.8% 50.6% 12.5% 13.0% 13.7% 35.5%
(3.2) (2.9) (0.8) (0.0) (2.6) (1.0)
-5.3% -5.8% -6.1% -0.3% -19.3% -2.9%
Total Occupancy Percentage - Cash
42.6%
42.7%
(0.1)
-0.3%
44.6%
(2.0)
-4.4%
Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rental Timeshares Total Cash Average Rate
$86.09 $62.24 $28.47 $32.64 $313.64 $28.00
$83.88 $63.11 $30.25 $33.01 $298.76 $23.86
$2.21 ($0.86) ($1.78) ($0.38) $14.88 $4.14
2.6% -1.4% -5.9% -1.1% 5.0% 17.4%
$79.90 $59.56 $29.53 $31.43 $287.42 $29.32
$6.19 $2.69 ($1.06) $1.21 $26.22 ($1.32)
7.8% 4.5% -3.6% 3.9% 9.1% -4.5%
$79.95
$78.20
$1.76
2.2%
$74.53
$5.42
7.3%
Reno Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date
.
February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
2,584,675 551,813 991,231
2,617,250 528,803 1,022,875
(32,575) 23,010 (31,644)
-1.2% 4.4% -3.1%
2,672,633 523,552 1,024,606
(87,958) 28,261 (33,375)
-3.3% 5.4% -3.3%
Total Occupied Rooms
4,127,719
4,168,928
(41,209)
-1.0%
4,220,791
(93,072)
-2.2%
Vacant
1,938,245
1,953,984
(15,739)
-0.8%
1,773,931
164,314
9.3%
Total Available Rooms
6,065,964
6,122,912
(56,948)
-0.9%
5,994,722
71,242
1.2%
Percentage of Occupancy Cash Comp 28 Day
42.6% 9.1% 16.3%
42.7% 8.6% 16.7%
(0.1) 0.5 (0.4)
-0.3% 5.3% -2.2%
44.6% 8.7% 17.1%
(2.0) 0.4 (0.8)
-4.4% 4.2% -4.4%
Total Occupancy Percentage
68.0%
68.1%
(0.0)
-0.1%
70.4%
(2.4)
-3.4%
Vacant
32.0%
31.9%
0.0
0.1%
29.6%
2.4
8.0%
100.0%
100.0%
0.0%
100.0%
Revenue Cash - Taxable Comp 28 Day
$206,650,213.68 $39,308,359.11 $20,403,610.33
$204,660,799.00 $36,322,385.00 $19,833,678.00
$1,989,414.68 $2,985,974.11 $569,932.33
1.0% 8.2% 2.9%
$199,196,994.14 $35,956,504.46 $19,816,294.19
$7,453,219.54 $3,351,854.65 $587,316.14
3.7% 9.3% 3.0%
Total Revenue
$266,362,183.12
$260,816,862.00
$5,545,321.12
2.1%
$254,969,792.79
$11,392,390.33
4.5%
$79.95 $71.23 $20.58
$78.20 $68.69 $19.39
$1.76 $2.55 $1.19
2.2% 3.7% 6.2%
$74.53 $68.68 $19.34
$5.42 $2.56 $1.24
7.3% 3.7% 6.4%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
0.0
0.0
0.0%
Reno Sparks Convention and Visitors Authority Hotel Statistics - Year To Date February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Occupied Rooms Cash Comp 28 Day
2,058,812 550,143 5,207
2,063,597 524,860 10,955
(4,785) 25,283 (5,748)
Total Occupied Rooms
2,614,162
2,599,412
Vacant
1,021,340
Total Available Rooms
3,635,502
Last Year
Increase (Decrease) Amount % Percent
-0.2% 4.8% -52.5%
2,103,578 519,640 6,556
(44,766) 30,503 (1,349)
-2.1% 5.9% -20.6%
14,750
0.6%
2,629,774
(15,612)
-0.6%
1,072,520
(51,180)
-4.8%
887,463
133,877
15.1%
3,671,932
(36,430)
-1.0%
3,517,237
118,265
3.4%
Percentage of Occupancy Cash Comp 28 Day
56.6% 15.1% 0.1%
56.2% 14.3% 0.3%
0.4 0.8 (0.2)
0.8% 5.9% -52.0%
59.8% 14.8% 0.2%
(3.2) 0.4 (0.0)
-5.3% 2.4% -23.2%
Total Occupancy Percentage
71.9%
70.8%
1.1
1.6%
74.8%
(2.9)
-3.8%
Vacant
28.1%
29.2%
(1.1)
-3.8%
25.2%
2.9
11.3%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$177,242,444.09 $39,223,149.60 $314,654.86
$173,094,696.00 $36,100,737.00 $437,045.00
$4,147,748.09 $3,122,412.60 ($122,390.14)
2.4% 8.6% -28.0%
$168,070,431.31 $35,735,336.91 $364,082.11
$9,172,012.78 $3,487,812.69 ($49,427.25)
5.5% 9.8% -13.6%
Total Revenue
$216,780,248.55
$209,632,478.00
$7,147,770.55
3.4%
$204,169,850.33
$12,610,398.22
6.2%
$86.09 $71.30 $60.43
$83.88 $68.78 $39.89
$2.21 $2.51 $20.53
2.6% 3.7% 51.5%
$79.90 $68.77 $55.53
$6.19 $2.53 $4.90
7.8% 3.7% 8.8%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority Motel Statistics - Year To Date February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
268,526 1,115 25,460
284,808 1,718 33,413
(16,282) (603) (7,953)
-5.7% -35.1% -23.8%
295,240 1,718 33,358
(26,714) (603) (7,898)
-9.0% -35.1% -23.7%
Total Occupied Rooms
295,101
319,939
(24,838)
-7.8%
330,316
(35,215)
-10.7%
Vacant
268,168
272,303
(4,135)
-1.5%
253,359
14,809
5.8%
Total Available Rooms
563,269
592,242
(28,973)
-4.9%
583,675
(20,406)
-3.5%
Percentage of Occupancy Cash Comp 28 Day
47.7% 0.2% 4.5%
48.1% 0.3% 5.6%
(0.4) (0.1) (1.1)
-0.9% -31.8% -19.9%
50.6% 0.3% 5.7%
(2.9) (0.1) (1.2)
-5.8% -32.7% -20.9%
Total Occupancy Percentage
52.4%
54.0%
(1.6)
-3.0%
56.6%
(4.2)
-7.4%
Vacant
47.6%
46.0%
1.6
3.5%
43.4%
4.2
9.7%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$16,714,332.99 $64,658.97 $819,965.03
$17,973,944.07 $84,467.00 $965,174.62
($1,259,611.08) ($19,808.03) ($145,209.59)
-7.0% -23.5% -15.0%
$17,583,205.51 $84,465.78 $915,199.30
($868,872.52) ($19,806.81) ($95,234.27)
-4.9% -23.4% -10.4%
Total Revenue
$17,598,956.99
$19,023,585.69
($1,424,628.70)
-7.5%
$18,582,870.59
($983,913.60)
-5.3%
$62.24 $57.99 $32.21
$63.11 $49.17 $28.89
($0.86) $8.82 $3.32
-1.4% 17.9% 11.5%
$59.56 $49.17 $27.44
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$2.69 $8.82 $4.77
4.5% 17.9% 17.4%
Reno Sparks Convention and Visitors Authority 28 Day Motel Statistics - Year To Date February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
132,001 714,035
141,860 679 747,480
(9,859) (679) (33,445)
-6.9% -100.0% -4.5%
146,450 648 753,665
(14,449) (648) (39,630)
-9.9% -100.0% -5.3%
Total Occupied Rooms
846,036
890,019
(43,983)
-4.9%
900,763
(54,727)
-6.1%
Vacant
278,589
273,761
4,828
1.8%
270,909
7,680
2.8%
1,124,625
1,163,780
(39,155)
-3.4%
1,171,672
(47,047)
-4.0%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
11.7% 0.0% 63.5%
12.2% 0.1% 64.2%
(0.5) (0.1) (0.7)
-3.7% -100.0% -1.1%
12.5% 0.1% 64.3%
(0.8) (0.1) (0.8)
-6.1% -100.0% -1.3%
Total Occupancy Percentage
75.2%
76.5%
(1.2)
-1.6%
76.9%
(1.7)
-2.1%
Vacant
24.8%
23.5%
1.2
5.3%
23.1%
1.7
7.1%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$3,757,908.72 $0.00 $14,555,048.09
$4,291,171.29 $83,955.00 $14,714,320.40
($533,262.57) ($83,955.00) ($159,272.31)
-12.4% -100.0% -1.1%
$4,324,728.56 $83,475.00 $14,819,874.91
($566,819.84) ($83,475.00) ($264,826.82)
-13.1% -100.0% -1.8%
Total Revenue
$18,312,956.81
$19,089,446.69
-$776,489.88
-4.1%
$19,228,078.47
($915,121.66)
-4.8%
$28.47 $0.00 $20.38
$30.25 $123.65 $19.69
($1.78) ($123.65) $0.70
-5.9% -100.0% 3.6%
$29.53 $128.82 $19.66
($1.06) ($128.82) $0.72
-3.6% -100.0% 3.7%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority RV Park Statistics - Year To Date February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
55,790 555 203,438
54,475 1,546 209,762
1,315 (991) (6,324)
2.4% -64.1% -3.0%
55,576 1,546 209,762
214 (991) (6,324)
0.4% -64.1% -3.0%
Total Occupied Rooms
259,783
265,783
(6,000)
-2.3%
266,884
(7,101)
-2.7%
Vacant
169,668
123,110
46,558
37.8%
159,575
10,093
6.3%
Total Available Rooms
429,451
388,893
40,558
10.4%
426,459
2,992
0.7%
Percentage of Occupancy Cash Comp 28 Day
13.0% 0.1% 47.4%
14.0% 0.4% 53.9%
(1.0) (0.3) (6.6)
-7.3% -67.5% -12.2%
13.0% 0.4% 49.2%
(0.0) (0.2) (1.8)
-0.3% -64.4% -3.7%
Total Occupancy Percentage
60.5%
68.3%
(7.9)
-11.5%
62.6%
(2.1)
-3.3%
Vacant
39.5%
31.7%
7.9
24.8%
37.4%
2.1
5.6%
100.0%
100.0%
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,820,767.83 $20,550.54 $2,615,287.93
$1,798,325.64 $53,226.00 $2,686,821.98
$22,442.19 $11,732.94 $224,712.24
1.2% 22.0% 8.4%
$1,746,504.69 $53,226.77 $2,686,822.70
$74,263.14 ($32,676.23) ($71,534.77)
4.3% -61.4% -2.7%
Total Revenue
$4,456,606.30
$4,538,373.62
($81,767.32)
-1.8%
$4,486,554.16
($29,947.86)
-0.7%
$32.64 $37.03 $12.86
$33.01 $34.43 $12.81
($0.38) $2.60 $0.05
-1.1% 7.6% 0.4%
$31.43 $34.43 $12.81
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
0.0
$1.21 $2.60 $0.05
3.9% 7.5% 0.4%
Reno Sparks Convention and Visitors Authority Vacation Rental Statistics - Year To Date February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
18,091 43,091
21,000 21,265
(2,909) 21,826
-13.9% 0.0% 102.6%
20,795 21,265
(2,704) 21,826
-13.0% 0.0% 102.6%
Total Occupied Rooms
61,182
42,265
18,917
44.8%
42,060
19,122
45.5%
Vacant
102,624
115,204
(12,580)
-10.9%
109,965
(7,341)
-6.7%
Total Available Rooms
163,806
157,469
6,337
4.0%
152,025
11,781
7.7%
Percentage of Occupancy Cash Comp 28 Day
11.0% 0.0% 26.3%
13.3% 0.0% 13.5%
(2.3) 12.8
-17.2% 0.0% 94.8%
13.7% 0.0% 14.0%
(2.6) 12.3
-19.3% 0.0% 88.1%
Total Occupancy Percentage
37.4%
26.8%
10.5
39.2%
27.7%
9.7
35.0%
Vacant
62.6%
73.2%
(10.5)
-14.4%
72.3%
(9.7)
-13.4%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$5,673,994.33 $0.00 $2,098,654.42
$6,273,855.00 $0.00 $1,030,316.00
($599,860.67) $0.00 $1,068,338.42
-9.6% 0.0% 103.7%
$5,976,833.19 $0.00 $1,030,315.17
($302,838.86) $0.00 $1,068,339.25
-5.1% 0.0% 103.7%
Total Revenue
$7,772,648.75
$7,304,171.00
$468,477.75
6.4%
$7,007,148.36
$765,500.39
10.9%
$313.64 $0.00 $48.70
$298.76 $0.00 $48.45
$14.88 $0.00 $0.25
5.0% 0.0% 0.5%
$287.42 $0.00 $48.45
$26.22 $0.00 $0.25
9.1% 0.0% 0.5%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority Timeshare Statistics - Year To Date February 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
51,455 -
51,510 -
(55) -
-0.1% 0.0% 0.0%
50,994 -
461 -
0.9% 0.0% 0.0%
Total Occupied Rooms
51,455
51,510
(55)
-0.1%
50,994
461
0.9%
Vacant
97,856
97,086
770
0.8%
92,660
5,196
5.6%
149,311
148,596
715
0.5%
143,654
5,657
3.9%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
34.5% 0.0% 0.0%
34.7% 0.0% 0.0%
(0.2) -
-0.6% 0.0% 0.0%
35.5% 0.0% 0.0%
(1.0) -
-2.9% 0.0% 0.0%
Total Occupancy Percentage
34.5%
34.7%
(0.2)
-0.6%
35.5%
(1.0)
-2.9%
Vacant
65.5%
65.3%
0.2
0.3%
64.5%
1.0
1.6%
100.0%
100.0%
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,440,765.72 $0.00 $0.00
$1,228,807.00 $0.00 $0.00
$211,958.72 $0.00 $0.00
17.2% 0.0% 0.0%
$1,495,290.88 $0.00 $0.00
($54,525.16) $0.00 $0.00
-3.6% 0.0% 0.0%
Total Revenue
$1,440,765.72
$1,228,807.00
$211,958.72
17.2%
$1,495,290.88
($54,525.16)
-3.6%
$28.00 $0.00 $0.00
$23.86 $0.00 $0.00
$4.14 $0.00 $0.00
17.4% 0.0% 0.0%
$29.32 $0.00 $0.00
($1.32) $0.00 $0.00
-4.5% 0.0% 0.0%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
0.0
Reno Sparks Convention and Visitors Authority Taxable Revenue by District February 2008
Current Month Actual February 2008
Last Year Actual
Amount
Year To Date
February 2008 Increase (Decrease) Amount % Percent
9,822,373 6,815,636 117,722
8,357,734 7,378,644 139,999
1,464,639 (563,008) (22,277)
16,755,731
15,876,377
879,354
7,944 2,674,248
8,693 2,570,220
2,682,192
17.5% -7.6% -15.9%
Tax District
Actual February 2008
Last Year - Year To Date Actual
Amount
February 2008 Increase (Decrease) Amount % Percent
Reno B Reno D Reno E
86,077,972 67,834,396 1,254,577
79,453,758 67,633,240 1,739,915
6,624,215 201,156 (485,338)
5.5%
Total Reno
155,166,945
148,826,912
6,340,033
(749) 104,028
-8.6% 4.0%
Washoe A Washoe B
163,302 26,807,557
314,336 24,965,005
(151,034) 1,842,552
2,578,913
103,279
4.0%
Total Washoe Co.
26,970,859
25,279,341
1,691,518
3,042,181
3,223,787
(181,607)
-5.6%
Sparks
24,512,410
25,090,742
22,480,104
21,679,078
801,026
3.7%
Total Taxable Revenue
206,650,214
199,196,994
(578,331)
7,453,220
8.3% 0.3% -27.9% 4.3%
-48.0% 7.4% 6.7%
-2.3%
3.7%