Room_Tax_and_Occupancy_Statistics_December_2008

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%