December 2008 Room Statistics Taxable room revenues for the month total $15,094,394 and are below prior year by $3,498,228 (-18.8%). Cash occupied room nights of 236,966 are below prior year by 17,313 (-6.8%). Comp occupied room nights of 59,857 are below prior year by 10,152 (-14.5%), and 28-Day occupied room nights of 113,981 are below prior year by 6,851 (-5.7%). Total occupied rooms for the month (Cash,Comp, 28-day) of 410,804 are 34,316 (-7.7%) below the prior year. Overall, Washoe County occupancy percentages of 52.3% for the month are 8.1% below the 56.9% level of the prior year. There were 3,638 (0.5%) more available rooms for the month. Overall cash average rates for the month of $63.70 are down $9.42 (-12.9%), compared to $73.12 for the prior year. Year-to-date cash occupied room nights of 1,785,798 are 237,973 (-11.8%) below prior year. Cash average rates year-to-date of $76.25 are $4.52 (-5.6%) below prior year. Year-to-date, total taxable room revenues of $136,158,749 are $27,294,646 (-16.7%) below prior year.
Available Rooms
Total Occupied Rooms
Hotels
484,754
256,702
53.0%
57.6%
(4.6)
-8.0%
Motels
73,556
26,144
35.5%
42.8%
(7.3)
-17.1%
28 Day
135,787
91,076
67.1%
72.5%
(5.4)
-7.4%
RV Parks
53,878
25,420
47.2%
50.3%
(3.1)
-6.2%
Timeshares
18,524
3,931
21.2%
23.7%
(2.5)
-10.5%
Vacation Rentals
19,623
7,531
38.4%
34.9%
3.5
10.0%
Totals
786,122
410,804
52.3%
56.9%
(4.6)
-8.1%
Segments
Percentage of Occupancy Actual Last Year
CASH OCCUPIED ROOMS NIGHTS
Increase (Decrease) Amount % Percent
AVERAGE CASH RATES $500.00
350,000
202,562
196,549
$350.00 $300.00
200,000
$250.00
Motels Actual
28 Day
RV Parks
Timeshares
Vacation Rentals
$45.24
$31.28
$0.00
Hotels
Motels
28 Day
RV Parks
Actual
Last Year
$20.54
$19.06
$26.23
$26.10
$60.14
$50.00
0
Hotels
$56.06
2,263
1,998
4,440
2,483
3,931
$100.00
2,516
14,531
9,913
21,794
50,000
28,265
$150.00
100,000
$77.15
$200.00
150,000
$64.72
250,000
$318.90
$400.00
300,000
$316.87
$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
Reno-Sparks Convention and Visitors Authority Combined Room Statistics December 2008 Description
Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Taxable Room Revenues
$15,094,394
$19,837,169
($4,742,775)
-23.9%
$18,592,622
($3,498,228)
-18.8%
Occupied Rooms - Cash
236,966
262,619
(25,653)
-9.8%
254,279
(17,313)
-6.8%
$63.70
$75.54
($11.84)
-15.7%
$73.12
($9.42)
-12.9%
Occupied Rooms Cash Comp 28 Day
236,966 59,857 113,981
262,619 70,009 120,699
(25,653) (10,152) (6,718)
-9.8% -14.5% -5.6%
254,279 70,009 120,832
(17,313) (10,152) (6,851)
-6.8% -14.5% -5.7%
Total Occupied Rooms
410,804
453,327
(42,523)
-9.4%
445,120
(34,316)
-7.7%
Average Rate - Cash
Percentage of Occupancy Cash Comp 28 Day
30.1% 7.6% 14.5%
33.5% 8.9% 15.4%
(3.4) (1.3) (0.9)
-10.1% -14.6% -5.8%
32.5% 8.9% 15.4%
(2.4) (1.3) (0.9)
-7.4% -14.6% -5.8%
Total Percentage of Occupancy
52.3%
57.8%
(5.5)
-9.5%
56.9%
(4.6)
-8.1%
Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timehares
196,549 21,794 9,913 2,516 2,263 3,931
214,300 25,721 13,837 2,483 1,838 4,440
(17,751) (3,927) (3,924) 33 425 (509)
-8.3% -15.3% -28.4% 1.3% 23.1% -11.5%
202,562 28,265 14,531 2,483 1,998 4,440
(6,013) (6,471) (4,618) 33 265 (509)
-3.0% -22.9% -31.8% 1.3% 13.3% -11.5%
Total Occupied - Cash
236,966
262,619
(25,653)
-9.8%
254,279
(17,313)
-6.8%
Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
40.5% 29.6% 7.3% 4.7% 11.5% 21.2%
44.1% 36.5% 10.2% 4.6% 9.4% 23.5%
(3.6) (6.9) (2.9) 0.1 2.1 (2.3)
-8.2% -18.9% -28.4% 2.2% 22.3% -9.8%
42.7% 38.1% 10.4% 4.6% 9.2% 23.7%
(2.2) (8.5) (3.1) 0.1 2.3 (2.5)
-5.2% -22.3% -29.8% 2.2% 25.0% -10.5%
Total Occupancy Percentage - Cash
30.1%
33.5%
(3.4)
-10.1%
32.5%
(2.4)
-7.4%
Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares Total Cash Average Rate
$64.72 $56.06 $26.10 $19.06 $318.90 $31.28
$79.08 $65.43 $25.13 $21.36 $334.12 $43.43
($14.36) ($9.37) $0.97 ($2.30) ($15.22) ($12.15)
-18.2% -14.3% 3.9% -10.8% -4.6% -28.0%
$77.15 $60.14 $26.23 $20.54 $316.87 $45.24
($12.43) ($4.08) ($0.13) ($1.48) $2.03 ($13.96)
-16.1% -6.8% -0.5% -7.2% 0.6% -30.9%
$63.70
$75.54
($11.84)
-15.7%
$73.12
($9.42)
-12.9%
Reno-Sparks Convention and Visitors Authority Combined Room Statistics
.
December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
236,966 59,857 113,981
262,619 70,009 120,699
(25,653) (10,152) (6,718)
-9.8% -14.5% -5.6%
254,279 70,009 120,832
(17,313) (10,152) (6,851)
-6.8% -14.5% -5.7%
Total Occupied Rooms
410,804
453,327
(42,523)
-9.4%
445,120
(34,316)
-7.7%
Vacant
375,318
331,438
43,880
13.2%
337,364
37,954
11.3%
Total Available Rooms
786,122
784,765
1,357
0.2%
782,484
3,638
0.5%
Percentage of Occupancy Cash Comp 28 Day
30.1% 7.6% 14.5%
33.5% 8.9% 15.4%
(3.4) (1.3) (0.9)
-10.1% -14.6% -5.8%
32.5% 8.9% 15.4%
(2.4) (1.3) (0.9)
-7.4% -14.6% -5.8%
Total Occupancy Percentage
52.3%
57.8%
(5.5)
-9.5%
56.9%
(4.6)
-8.1%
Vacant
47.7%
42.2%
5.5
13.0%
43.1%
4.6
10.7%
100.0%
100.0%
0.0
0.0%
100.0%
Total (must equal 100.0%)
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$15,094,394 $3,709,146 $2,342,252
$19,837,169 $4,386,536 $2,394,029
($4,742,775) ($677,390) ($51,777)
-23.9% -15.4% -2.2%
$18,592,622 $4,386,536 $2,398,424
($3,498,228) ($677,390) ($56,172)
-18.8% -15.4% -2.3%
Total Revenue
$21,145,792
$26,617,734
($5,471,942)
-20.6%
$25,377,582
($4,231,790)
-16.7%
($11.84) ($0.69) $0.72
-15.7% -1.1% 3.6%
($9.42) ($0.69) $0.70
-12.9% -1.1% 3.5%
Average Rates Cash Comp 28 Day v
$63.70 $61.97 $20.55
$75.54 $62.66 $19.83
$73.12 $62.66 $19.85
Reno-Sparks Convention and Visitors Authority Hotel Statistics December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
196,549 59,676 477
214,300 69,858 392
(17,751) (10,182) 85
-8.3% -14.6% 21.7%
202,562 69,858 392
(6,013) (10,182) 85
-3.0% -14.6% 21.7%
Total Occupied Rooms
256,702
284,550
(27,848)
-9.8%
272,812
(16,110)
-5.9%
Vacant
228,052
201,747
26,305
13.0%
201,217
26,835
13.3%
Total Available Rooms
484,754
486,297
(1,543)
-0.3%
474,029
10,725
2.3%
Percentage of Occupancy Cash Comp 28 Day
40.5% 12.3% 0.1%
44.1% 14.4% 0.1%
(3.6) (2.1) -
-8.2% -14.6% 0.0%
42.7% 14.7% 0.1%
(2.2) (2.4) -
-5.2% -16.3% 0.0%
Total Occupancy Percentage
53.0%
58.5%
(5.5)
-9.4%
57.6%
(4.6)
-8.0%
Vacant
47.0%
41.5%
5.5
13.3%
42.4%
4.6
10.8%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$12,721,399 $3,701,005 $24,754
$16,946,636 $4,378,266 $23,065
($4,225,237) ($677,261) $1,689
-24.9% -15.5% 7.3%
$15,626,742 $4,378,266 $23,065
($2,905,343) ($677,261) $1,689
-18.6% -15.5% 7.3%
Total Revenue
$16,447,158
$21,347,967
($4,900,809)
-23.0%
$20,028,073
($3,580,915)
-17.9%
$64.72 $62.02 $51.90
$79.08 $62.67 $58.84
($14.36) ($0.65) ($6.94)
-18.2% -1.0% -11.8%
$77.15 $62.67 $58.84
($12.43) ($0.65) ($6.94)
-16.1% -1.0% -11.8%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Motel Statistics December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
21,794 137 4,213
25,721 120 3,357
(3,927) 17 856
-15.3% 14.2% 25.5%
28,265 120 3,357
(6,471) 17 856
-22.9% 14.2% 25.5%
Total Occupied Rooms
26,144
29,198
(3,054)
-10.5%
31,742
(5,598)
-17.6%
Vacant
47,412
41,358
6,054
14.6%
42,414
4,998
11.8%
Total Available Rooms
73,556
70,556
3,000
4.3%
74,156
(600)
-0.8%
Percentage of Occupancy Cash Comp 28 Day
29.6% 0.2% 5.7%
36.5% 0.2% 4.8%
(6.9) 0.9
-18.9% 0.0% 18.8%
38.1% 0.2% 4.5%
(8.5) 1.2
-22.3% 0.0% 26.7%
Total Occupancy Percentage
35.5%
41.4%
(5.9)
-14.3%
42.8%
(7.3)
-17.1%
Vacant
64.5%
58.6%
5.9
10.1%
57.2%
7.3
12.8%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,221,736 $7,110 $151,428
$1,682,828 $7,072 $93,839
($461,092) $38 $57,589
-27.4% 0.5% 61.4%
$1,699,827 $7,072 $93,839
($478,091) $38 $57,589
-28.1% 0.5% 61.4%
Total Revenue
$1,380,274
$1,783,739
($403,465)
-22.6%
$1,800,738
($420,464)
-23.3%
$56.06 $51.90 $35.94
$65.43 $58.93 $27.95
($9.37) ($7.03) $7.99
-14.3% -11.9% 28.6%
$60.14 $58.93 $27.95
($4.08) ($7.03) $7.99
-6.8% -11.9% 28.6%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority 28 Day Motel Statistics December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
9,913 5 81,158
13,837 86,778
(3,924) 5 (5,620)
-28.4% 100.0% -6.5%
14,531 86,911
(4,618) 5 (5,753)
-31.8% 100.0% -6.6%
Total Occupied Rooms
91,076
100,615
(9,539)
-9.5%
101,442
(10,366)
-10.2%
Vacant
44,711
34,948
9,763
27.9%
38,523
6,188
16.1%
135,787
135,563
224
0.2%
139,965
(4,178)
-3.0%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
7.3% 0.0% 59.8%
10.2% 0.0% 64.0%
(2.9) (4.2)
-28.4% 0.0% -6.6%
10.4% 0.0% 62.1%
(3.1) (2.3)
-29.8% 0.0% -3.7%
Total Occupancy Percentage
67.1%
74.2%
(7.1)
-9.6%
72.5%
(5.4)
-7.4%
Vacant
32.9%
25.8%
7.1
27.5%
27.5%
5.4
19.6%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$258,683 $200 $1,604,223
$347,730 $0 $1,712,794
($89,047) $200 ($108,571)
-25.6% 100.0% -6.3%
$381,092 $0 $1,717,189
($122,409) $200 ($112,966)
-32.1% 100.0% -6.6%
Total Revenue
$1,863,106
$2,060,524
($197,418)
-9.6%
$2,098,281
($235,175)
-11.2%
$26.10 $40.00 $19.77
$25.13 $0.00 $19.74
3.9% 100.0% 0.2%
$26.23 $0.00 $19.76
($0.13) $40.00 $0.01
-0.5% 100.0% 0.1%
Average Rates Cash Comp 28 Day
$0.97 $40.00 $0.03
Reno-Sparks Convention and Visitors Authority RV Park Statistics December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
2,516 39 22,865
2,483 31 24,591
33 8 (1,726)
1.3% 25.8% -7.0%
2,483 31 24,591
33 8 (1,726)
1.3% 25.8% -7.0%
Total Occupied Rooms
25,420
27,105
(1,685)
-6.2%
27,105
(1,685)
-6.2%
Vacant
28,458
26,773
1,685
6.3%
26,773
1,685
6.3%
Total Available Rooms
53,878
53,878
-
0.0%
53,878
-
0.0%
Percentage of Occupancy Cash Comp 28 Day
4.7% 0.1% 42.4%
4.6% 0.1% 45.6%
0.1 (3.2)
2.2% 0.0% -7.0%
4.6% 0.1% 45.6%
0.1 (3.2)
2.2% 0.0% -7.0%
Total Occupancy Percentage
47.2%
50.3%
(3.1)
-6.2%
50.3%
(3.1)
-6.2%
Vacant
52.8%
49.7%
3.1
6.2%
49.7%
3.1
6.2%
100.0%
100.0%
-
0.0%
100.0%
-
0.0%
Total (must equal 100.0%) Revenue Cash - Taxable Comp 28 Day
$47,953 $831 $287,831
$53,046 $1,198 $313,796
($5,093) ($367) ($25,965)
-9.6% -30.6% -8.3%
$51,006 $1,198 $313,796
($3,053) ($367) ($25,965)
-6.0% -30.6% -8.3%
Total Revenue
$336,615
$368,040
($31,425)
-8.5%
$366,000
($29,385)
-8.0%
$19.06 $21.31 $12.59
$21.36 $38.65 $12.76
($2.30) ($17.34) ($0.17)
-10.8% -44.9% -1.3%
$20.54 $38.65 $12.76
($1.48) ($17.34) ($0.17)
-7.2% -44.9% -1.3%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Vacation Rental Statistics December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
2,263 5,268
1,838 5,581
425 (313)
23.1% 0.0% -5.6%
1,998 5,581
265 (313)
13.3% 0.0% -5.6%
Total Occupied Rooms
7,531
7,419
112
1.5%
7,579
(48)
-0.6%
Vacant
12,092
12,173
(81)
-0.7%
14,152
(2,060)
-14.6%
Total Available Rooms
19,623
19,592
31
0.2%
21,731
(2,108)
-9.7%
Percentage of Occupancy Cash Comp 28 Day
11.5% 0.0% 26.8%
9.4% 0.0% 28.5%
2.1 (1.7)
22.3% 0.0% -6.0%
9.2% 0.0% 25.7%
2.3 1.1
25.0% 0.0% 4.3%
Total Occupancy Percentage
38.4%
37.9%
0.5
1.3%
34.9%
3.5
10.0%
Vacant
61.6%
62.1%
(0.5)
-0.8%
65.1%
(3.5)
-5.4%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$721,677 $0 $274,016
$614,113 $0 $250,535
$107,564 $0 $23,481
17.5% 0.0% 9.4%
$633,106 $0 $250,535
$88,571 $0 $23,481
14.0% 0.0% 9.4%
Total Revenue
$995,693
$864,648
$131,045
15.2%
$883,641
$112,052
12.7%
Average Rates Cash Comp 28 Day
$318.90 $0.00 $52.02
$334.12 $0.00 $44.89
-4.6% 0.0% 15.9%
$316.87 $0.00 $44.89
$2.03 $0.00 $7.13
0.6% 0.0% 15.9%
($15.22) $0.00 $7.13
Reno-Sparks Convention and Visitors Authority Timeshare Statistics December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
3,931 -
4,440 -
(509) -
-11.5% 0.0% 0.0%
4,440 -
(509) -
-11.5% 0.0% 0.0%
Total Occupied Rooms
3,931
4,440
(509)
-11.5%
4,440
(509)
-11.5%
Vacant
14,593
14,439
154
1.1%
14,285
308
2.2%
Total Available Rooms
18,524
18,879
(355)
-1.9%
18,725
(201)
-1.1%
Percentage of Occupancy Cash Comp 28 Day
21.2% 0.0% 0.0%
23.5% 0.0% 0.0%
(2.3) -
-9.8% 0.0% 0.0%
23.7% 0.0% 0.0%
(2.5) -
-10.5% 0.0% 0.0%
Total Occupancy Percentage
21.2%
23.5%
(2.3)
-9.8%
23.7%
(2.5)
-10.5%
Vacant
78.8%
76.5%
2.3
3.0%
76.3%
2.5
3.3%
100.0%
100.0%
-
0.0%
100.0%
-
0.0%
Total (must equal 100.0%) Revenue Cash - Taxable Comp 28 Day
$122,946 $0 $0
$192,816 $0 $0
($69,870) $0 $0
-36.2% 0.0% 0.0%
$200,849 $0 $0
($77,903) $0 $0
-38.8% 0.0% 0.0%
Total Revenue
$122,946
$192,816
($69,870)
-36.2%
$200,849
($77,903)
-38.8%
$31.28 $0.00 $0.00
$43.43 $0.00 $0.00
($12.15) $0.00 $0.00
-28.0% 0.0% 0.0%
$45.24 $0.00 $0.00
($13.96) $0.00 $0.00
-30.9% 0.0% 0.0%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date December 2008 Description
Actual
Budget
Increase (Decrease) Amount % Percent
Taxable Room Revenues
$136,158,749
$164,232,840
($28,074,091)
-17.1%
$163,453,395
($27,294,646)
-16.7%
Occupied Rooms - Cash
1,785,798
1,983,656
(197,858)
-10.0%
2,023,771
(237,973)
-11.8%
$76.25
$82.79
($6.54)
-7.9%
$80.77
($4.52)
-5.6%
Occupied Rooms Cash Comp 28 Day
1,785,798 436,021 681,707
1,983,656 426,951 762,319
(197,858) 9,070 (80,612)
-10.0% 2.1% -10.6%
2,023,771 426,951 763,342
(237,973) 9,070 (81,635)
-11.8% 2.1% -10.7%
Total Occupied Rooms
2,903,526
3,172,926
(269,400)
-8.5%
3,214,064
(310,538)
-9.7%
Average Rate - Cash
Last Year
Increase (Decrease) Amount % Percent
Percentage of Occupancy Cash Comp 28 Day
38.5% 9.4% 14.7%
42.6% 9.2% 16.4%
(4.1) 0.2 (1.7)
-9.6% 2.2% -10.4%
44.2% 9.3% 16.7%
(5.7) 0.1 (2.0)
-12.9% 1.1% -12.0%
Total Percentage of Occupancy
62.6%
68.2%
(5.6)
-8.2%
70.3%
(7.7)
-11.0%
Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
1,447,755 171,638 80,237 40,310 14,214 31,644
1,583,819 195,425 99,873 51,424 13,587 39,528
(136,064) (23,787) (19,636) (11,114) 627 (7,884)
-8.6% -12.2% -19.7% -21.6% 4.6% -19.9%
1,598,202 214,753 105,095 51,424 14,769 39,528
(150,447) (43,115) (24,858) (11,114) (555) (7,884)
-9.4% -20.1% -23.7% -21.6% -3.8% -19.9%
Total Occupied - Cash
1,785,798
1,983,656
(197,858)
-10.0%
2,023,771
(237,973)
-11.8%
Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
50.7% 40.7% 10.0% 12.4% 12.2% 28.0%
54.9% 46.7% 12.4% 16.1% 11.7% 35.3%
(4.2) (6.0) (2.4) (3.7) 0.5 (7.3)
-7.7% -12.8% -19.4% -23.0% 4.3% -20.7%
58.7% 50.3% 12.2% 15.8% 11.7% 35.2%
(8.0) (9.6) (2.2) (3.4) 0.5 (7.2)
-13.6% -19.1% -18.0% -21.5% 4.3% -20.5%
Total Occupancy Percentage - Cash
38.5%
42.6%
(4.1)
-9.6%
44.2%
(5.7)
-12.9%
Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rental Timeshares Total Cash Average Rate
$81.15 $59.42 $28.23 $34.93 $280.42 $25.58
$88.90 $69.51 $27.80 $34.90 $312.58 $25.96
($7.75) ($10.09) $0.43 $0.03 ($32.16) ($0.38)
-8.7% -14.5% 1.5% 0.1% -10.3% -1.5%
$87.29 $63.89 $29.02 $33.56 $296.46 $27.04
($6.14) ($4.47) ($0.79) $1.37 ($16.04) ($1.46)
-7.0% -7.0% -2.7% 4.1% -5.4% -5.4%
$76.25
$82.79
($6.54)
-7.9%
$80.77
($4.52)
-5.6%
Reno-Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date
.
December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
1,785,798 436,021 681,707
1,983,656 426,951 762,319
(197,858) 9,070 (80,612)
-10.0% 2.1% -10.6%
2,023,771 426,951 763,342
(237,973) 9,070 (81,635)
-11.8% 2.1% -10.7%
Total Occupied Rooms
2,903,526
3,172,926
(269,400)
-8.5%
3,214,064
(310,538)
-9.7%
Vacant
1,734,284
1,482,027
252,257
17.0%
1,360,244
374,040
27.5%
Total Available Rooms
4,637,810
4,654,953
(17,143)
-0.4%
4,574,308
63,502
1.4%
Percentage of Occupancy Cash Comp 28 Day
38.5% 9.4% 14.7%
42.6% 9.2% 16.4%
(4.1) 0.2 (1.7)
-9.6% 2.2% -10.4%
44.2% 9.3% 16.7%
(5.7) 0.1 (2.0)
-12.9% 1.1% -12.0%
Total Occupancy Percentage
62.6%
68.2%
(5.6)
-8.2%
70.3%
(7.7)
-11.0%
Vacant
37.4%
31.8%
5.6
17.6%
29.7%
7.7
25.9%
100.0%
100.0%
0.0
0.0%
100.0%
Total (must equal 100.0%)
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$136,158,749 $31,548,508 $14,178,687
$164,232,840 $29,920,712 $15,562,560
($28,074,091) $1,627,796 ($1,383,873)
-17.1% 5.4% -8.9%
$163,453,395 $29,920,712 $15,623,186
($27,294,646) $1,627,796 ($1,444,499)
-16.7% 5.4% -9.2%
Total Revenue
$181,885,944
$209,716,112
($27,830,168)
-13.3%
$208,997,293
($27,111,349)
-13.0%
($6.54) $2.28 $0.39
-7.9% 3.3% 1.9%
($4.52) $2.28 $0.33
-5.6% 3.3% 1.6%
Average Rates Cash Comp 28 Day
$76.25 $72.36 $20.80
$82.79 $70.08 $20.41
$80.77 $70.08 $20.47
Reno-Sparks Convention and Visitors Authority Hotel Statistics - Year To Date December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
1,447,755 434,570 3,884
1,583,819 425,713 4,503
(136,064) 8,857 (619)
-8.6% 2.1% -13.7%
1,598,202 425,713 4,503
(150,447) 8,857 (619)
-9.4% 2.1% -13.7%
Total Occupied Rooms
1,886,209
2,014,035
(127,826)
-6.3%
2,028,418
(142,209)
-7.0%
970,207
869,366
100,841
11.6%
693,561
276,646
39.9%
2,856,416
2,883,401
(26,985)
-0.9%
2,721,979
134,437
4.9%
Vacant Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
50.7% 15.2% 0.1%
54.9% 14.8% 0.2%
(4.2) 0.4 (0.1)
-7.7% 2.7% -50.0%
58.7% 15.6% 0.2%
(8.0) (0.4) (0.1)
-13.6% -2.6% -50.0%
Total Occupancy Percentage
66.0%
69.8%
(3.8)
-5.4%
74.5%
(8.5)
-11.4%
Vacant
34.0%
30.2%
3.8
12.6%
25.5%
8.5
33.3%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$117,491,113 $31,481,296 $216,905
$140,804,466 $29,856,554 $231,453
($23,313,353) $1,624,742 ($14,548)
-16.6% 5.4% -6.3%
$139,509,180 $29,856,555 $268,636
($22,018,067) $1,624,741 ($51,731)
-15.8% 5.4% -19.3%
Total Revenue
$149,189,314
$170,892,473
($21,703,159)
-12.7%
$169,634,371
($20,445,057)
-12.1%
$81.15 $72.44 $55.85
$88.90 $70.13 $51.40
($7.75) $2.31 $4.45
-8.7% 3.3% 8.7%
$87.29 $70.13 $59.66
($6.14) $2.31 ($3.81)
-7.0% 3.3% -6.4%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Motel Statistics - Year To Date December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
171,638 869 21,638
195,425 724 19,270
(23,787) 145 2,368
-12.2% 20.0% 12.3%
214,753 724 19,288
(43,115) 145 2,350
-20.1% 20.0% 12.2%
Total Occupied Rooms
194,145
215,419
(21,274)
-9.9%
234,765
(40,620)
-17.3%
Vacant
227,639
203,365
24,274
11.9%
191,944
35,695
18.6%
Total Available Rooms
421,784
418,784
3,000
0.7%
426,709
(4,925)
-1.2%
Percentage of Occupancy Cash Comp 28 Day
40.7% 0.2% 5.1%
46.7% 0.2% 4.6%
(6.0) 0.5
-12.8% 0.0% 10.9%
50.3% 0.2% 4.5%
(9.6) 0.6
-19.1% 0.0% 13.3%
Total Occupancy Percentage
46.0%
51.4%
(5.4)
-10.5%
55.0%
(9.0)
-16.4%
Vacant
54.0%
48.6%
5.4
11.1%
45.0%
9.0
20.0%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$10,198,818 $45,462 $780,074
$13,583,970 $44,666 $619,356
($3,385,152) $796 $160,718
-24.9% 1.8% 25.9%
$13,721,183 $44,666 $619,355
($3,522,365) $796 $160,719
-25.7% 1.8% 25.9%
Total Revenue
$11,024,354
$14,247,992
($3,223,638)
-22.6%
$14,385,204
($3,360,850)
-23.4%
$59.42 $52.32 $36.05
$69.51 $61.69 $32.14
($10.09) ($9.37) $3.91
-14.5% -15.2% 12.2%
$63.89 $61.69 $32.11
($4.47) ($9.37) $3.94
-7.0% -15.2% 12.3%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority 28 Day Motel Statistics - Year To Date December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
80,237 5 477,840
99,873 550,992
(19,636) 5 (73,152)
-19.7% 100.0% -13.3%
105,095 551,997
(24,858) 5 (74,157)
-23.7% 100.0% -13.4%
Total Occupied Rooms
558,082
650,865
(92,783)
-14.3%
657,092
(99,010)
-15.1%
Vacant
247,236
153,767
93,469
60.8%
205,082
42,154
20.6%
Total Available Rooms
805,318
804,632
686
0.1%
862,174
(56,856)
-6.6%
Percentage of Occupancy Cash Comp 28 Day
10.0% 0.0% 59.3%
12.4% 0.0% 68.5%
(2.4) (9.2)
-19.4% 0.0% -13.4%
12.2% 0.0% 64.0%
(2.2) (4.7)
-18.0% 0.0% -7.3%
Total Occupancy Percentage
69.3%
80.9%
(11.6)
-14.3%
76.2%
(6.9)
-9.1%
Vacant
30.7%
19.1%
11.6
60.7%
23.8%
6.9
29.0%
100.0%
100.0%
-
0.0%
100.0%
Total (must equal 100.0%)
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$2,265,389 $200 $9,632,731
$2,776,335 $0 $11,158,515
($510,946) $200 ($1,525,784)
-18.4% 100.0% -13.7%
$3,049,889 $0 $11,181,960
($784,500) $200 ($1,549,229)
-25.7% 100.0% -13.9%
Total Revenue
$11,898,320
$13,934,850
($2,036,530)
-14.6%
$14,231,849
($2,333,529)
-16.4%
$28.23 $40.00 $20.16
$27.80 $0.00 $20.25
$0.43 $40.00 ($0.09)
1.5% 100.0% -0.4%
$29.02 $0.00 $20.26
($0.79) $40.00 ($0.10)
-2.7% 100.0% -0.5%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority RV Park Statistics - Year To Date December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
40,310 577 146,167
51,424 514 155,676
(11,114) 63 (9,509)
-21.6% 12.3% -6.1%
51,424 514 155,676
(11,114) 63 (9,509)
-21.6% 12.3% -6.1%
Total Occupied Rooms
187,054
207,614
(20,560)
-9.9%
207,614
(20,560)
-9.9%
Vacant
137,718
112,178
25,540
22.8%
117,557
20,161
17.1%
Total Available Rooms
324,772
319,792
4,980
1.6%
325,171
(399)
-0.1%
Percentage of Occupancy Cash Comp 28 Day
12.4% 0.2% 45.0%
16.1% 0.2% 48.7%
(3.7) (3.7)
-23.0% 0.0% -7.6%
15.8% 0.2% 47.9%
(3.4) (2.9)
-21.5% 0.0% -6.1%
Total Occupancy Percentage
57.6%
64.9%
(7.3)
-11.2%
63.8%
(6.2)
-9.7%
Vacant
42.4%
35.1%
7.3
20.8%
36.2%
6.2
17.1%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,408,060 $21,550 $1,925,103
$1,794,881 $19,492 $1,995,059
($386,821) $2,058 ($69,956)
-21.6% 10.6% -3.5%
$1,725,847 $19,491 $1,995,059
($317,787) $2,059 ($69,956)
-18.4% 10.6% -3.5%
Total Revenue
$3,354,713
$3,809,432
($454,719)
-11.9%
$3,740,397
($385,684)
-10.3%
$34.93 $37.35 $13.17
$34.90 $37.92 $12.82
$0.03 ($0.57) $0.35
0.1% -1.5% 2.7%
$33.56 $37.92 $12.82
$1.37 ($0.57) $0.35
4.1% -1.5% 2.7%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Vacation Rental Statistics - Year To Date December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
14,214 32,178
13,587 31,878
627 300
4.6% 0.0% 0.9%
14,769 31,878
(555) 300
-3.8% 0.0% 0.9%
Total Occupied Rooms
46,392
45,465
927
2.0%
46,647
(255)
-0.5%
Vacant
70,085
70,823
(738)
-1.0%
79,326
(9,241)
-11.6%
116,477
116,288
189
0.2%
125,973
(9,496)
-7.5%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
12.2% 0.0% 27.6%
11.7% 0.0% 27.4%
0.5 0.2
4.3% 0.0% 0.7%
11.7% 0.0% 25.3%
0.5 2.3
4.3% 0.0% 9.1%
Total Occupancy Percentage
39.8%
39.1%
0.7
1.8%
37.0%
2.8
7.6%
Vacant
60.2%
60.9%
(0.7)
-1.1%
63.0%
(2.8)
-4.4%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$3,985,869 $0 $1,623,874
$4,247,013 $0 $1,558,177
($261,144) $0 $65,697
-6.1% 0.0% 4.2%
$4,378,364 $0 $1,558,176
($392,495) $0 $65,698
-9.0% 0.0% 4.2%
Total Revenue
$5,609,743
$5,805,190
($195,447)
-3.4%
$5,936,540
($326,797)
-5.5%
$280.42 $0.00 $50.47
$312.58 $0.00 $48.88
($32.16) $0.00 $1.59
-10.3% 0.0% 3.3%
$296.46 $0.00 $48.88
($16.04) $0.00 $1.59
-5.4% 0.0% 3.3%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Timeshare Statistics - Year To Date December 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
31,644 -
39,528 -
(7,884) -
-19.9% 0.0% 0.0%
39,528 -
(7,884) -
-19.9% 0.0% 0.0%
Total Occupied Rooms
31,644
39,528
(7,884)
-19.9%
39,528
(7,884)
-19.9%
Vacant
81,399
72,528
8,871
12.2%
72,774
8,625
11.9%
113,043
112,056
987
0.9%
112,302
741
0.7%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
28.0% 0.0% 0.0%
35.3% 0.0% 0.0%
(7.3) -
-20.7% 0.0% 0.0%
35.2% 0.0% 0.0%
(7.2) -
-20.5% 0.0% 0.0%
Total Occupancy Percentage
28.0%
35.3%
(7.3)
-20.7%
35.2%
(7.2)
-20.5%
Vacant
72.0%
64.7%
7.3
11.3%
64.8%
7.2
11.1%
100.0%
100.0%
0.0
0.0%
100.0%
Total (must equal 100.0%)
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$809,500 $0 $0
$1,026,175 $0 $0
($216,675) $0 $0
-21.1% 0.0% 0.0%
$1,068,932 $0 $0
($259,432) $0 $0
-24.3% 0.0% 0.0%
Total Revenue
$809,500
$1,026,175
($216,675)
-21.1%
$1,068,932
($259,432)
-24.3%
$25.58 $0.00 $0.00
$25.96 $0.00 $0.00
($0.38) $0.00 $0.00
-1.5% 0.0% 0.0%
$27.04 $0.00 $0.00
($1.46) $0.00 $0.00
-5.4% 0.0% 0.0%
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority Taxable Revenue by District December 2008
Current Month Actual December 2008
Last Year Actual
Amount
Year To Date
December 2007 Increase (Decrease) Amount % Percent
Tax District
Actual December 2008
Last Year - Year To Date Actual
Amount
December 2007 Increase (Decrease) Amount % Percent
6,313,811 4,468,646 74,712
7,626,697 6,307,765 125,643
(1,312,886) (1,839,119) (50,931)
-17.2% -29.2% -40.5%
Reno B Reno D Reno E
60,309,090 40,433,193 705,567
66,881,377 55,075,656 1,029,538
(6,572,287) (14,642,463) (323,971)
-9.8% -26.6% -31.5%
10,857,169
14,060,104
(3,202,935)
-22.8%
Total Reno
101,447,850
122,986,571
(21,538,721)
-17.5%
14,723 2,467,864
13,440 2,576,975
1,283 (109,111)
9.5% -4.2%
Washoe A Washoe B
142,449 19,239,865
145,160 21,397,222
(2,711) (2,157,357)
-1.9% -10.1%
2,482,587
2,590,415
(107,828)
-4.2%
Total Washoe Co.
19,382,314
21,542,382
(2,160,068)
-10.0%
1,754,638
1,942,102
(187,464)
-9.7%
Sparks
15,328,585
18,924,443
(3,595,858)
-19.0%
15,094,394
18,592,622
(3,498,228)
-18.8%
Total Taxable Revenue
136,158,749
163,453,395
(27,294,646)
-16.7%