Room_Tax_and_Occupancy_Statistics_October_2008

October 2008 Room Statistics Taxable room revenues for the month total $22,674,625 and are below prior year by $2,543,743 (-10.1%). Cash occupied room nights of 309,468 are below prior year by 35,022 (-10.2%). Comp occupied room nights of 71,747 are above prior year by 1,298 (1.8%), and 28-Day occupied room nights of 115,578 are below prior year by 13,202 (-10.3%). Total occupied rooms for the month (Cash,Comp, 28-day) of 496,793 are 46,926 (-8.6%) below the prior year.

Overall, Washoe County occupancy percentages of 64.1% for the month are 9.5% below the 70.8% level of the prior year. There were 6,776 (0.9%) more available rooms for the month.

Overall cash average rates for the month of $73.27 are up $.07 (0.1%), compared to $73.20 for the prior year.

Year-to-date cash occupied room nights of 1,319,537 are 162,820 (-11.0%) below prior year. Cash average rates year-to-date of $80.52 are $3.38 (-4.0%) below prior year. Year-to-date, total taxable room revenues of $106,250,151 are $18,123,013 (-14.6%) below prior year.

Available Rooms

Total Occupied Rooms

Hotels

477,999

328,191

68.7%

76.9%

(8.2)

-10.7%

Motels

70,556

31,600

44.8%

51.8%

(7.0)

-13.5%

28 Day

133,579

94,921

71.1%

76.1%

(5.0)

-6.6%

RV Parks

53,878

31,119

57.8%

62.0%

(4.2)

-6.8%

Timeshares

18,778

4,732

25.2%

28.6%

(3.4)

-11.9%

Vacation Rentals

19,716

6,230

31.6%

26.1%

5.5

21.1%

Totals

774,506

496,793

64.1%

70.8%

(6.7)

-9.5%

Segments

Percentage of Occupancy Actual Last Year

CASH OCCUPIED ROOMS NIGHTS

Increase (Decrease) Amount % Percent

AVERAGE CASH RATES

$450.00

$350.00

250,000

$300.00

200,000

$250.00

$242.11

$400.00

$239.16

255,988

0

Hotels

Motels

28 Day

Actual

RV Parks

Timeshares

Vacation Rentals

Last Year

$29.48

$28.85

$28.11

$25.44

$28.64

$58.67

$54.97

$50.00

$25.84

626

844

5,372

4,732

6,937

$100.00

6,267

17,396

13,898

27,739

50,000

34,223

$150.00

100,000

$79.45

$200.00

150,000

$79.27

300,000

279,936

$500.00

350,000

$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 October 2008 Description

Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Taxable Room Revenues

$22,674,625

$25,926,498

($3,251,873)

-12.5%

$25,218,368

($2,543,743)

-10.1%

Occupied Rooms - Cash

309,468

344,223

(34,755)

-10.1%

344,490

(35,022)

-10.2%

$73.27

$75.32

($2.05)

-2.7%

$73.20

$0.07

Occupied Rooms Cash Comp 28 Day

309,468 71,747 115,578

344,223 70,449 128,660

(34,755) 1,298 (13,082)

-10.1% 1.8% -10.2%

344,490 70,449 128,780

(35,022) 1,298 (13,202)

-10.2% 1.8% -10.3%

Total Occupied Rooms

496,793

543,332

(46,539)

-8.6%

543,719

(46,926)

-8.6%

Average Rate - Cash

0.1%

Percentage of Occupancy Cash Comp 28 Day

40.0% 9.3% 14.9%

43.9% 9.0% 16.4%

(3.9) 0.3 (1.5)

-8.9% 3.3% -9.1%

44.9% 9.2% 16.8%

(4.9) 0.1 (1.9)

-10.9% 1.1% -11.3%

Total Percentage of Occupancy

64.1%

69.2%

(5.1)

-7.4%

70.8%

(6.7)

-9.5%

Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timehares

255,988 27,739 13,898 6,267 844 4,732

283,669 31,143 16,526 6,937 576 5,372

(27,681) (3,404) (2,628) (670) 268 (640)

-9.8% -10.9% -15.9% -9.7% 46.5% -11.9%

279,936 34,223 17,396 6,937 626 5,372

(23,948) (6,484) (3,498) (670) 218 (640)

-8.6% -18.9% -20.1% -9.7% 34.8% -11.9%

Total Occupied - Cash

309,468

344,223

(34,755)

-10.1%

344,490

(35,022)

-10.2%

Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares

53.6% 39.3% 10.4% 11.6% 4.3% 25.2%

58.3% 44.1% 12.2% 12.9% 2.9% 28.5%

(4.7) (4.8) (1.8) (1.3) 1.4 (3.3)

-8.1% -10.9% -14.8% -10.1% 48.3% -11.6%

61.4% 47.9% 11.9% 12.9% 3.0% 28.6%

(7.8) (8.6) (1.5) (1.3) 1.3 (3.4)

-12.7% -18.0% -12.6% -10.1% 43.3% -11.9%

Total Occupancy Percentage - Cash

40.0%

43.9%

(3.9)

-8.9%

44.9%

(4.9)

-10.9%

Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares Total Cash Average Rate

$79.27 $54.97 $25.84 $25.44 $239.16 $28.85

$81.13 $63.83 $25.52 $29.24 $255.23 $28.30

($1.86) ($8.86) $0.32 ($3.80) ($16.07) $0.55

-2.3% -13.9% 1.3% -13.0% -6.3% 1.9%

$79.45 $58.67 $26.64 $28.11 $242.11 $29.48

($0.18) ($3.70) ($0.80) ($2.67) ($2.95) ($0.63)

-0.2% -6.3% -3.0% -9.5% -1.2% -2.1%

$73.27

$75.32

($2.05)

-2.7%

$73.20

$0.07

0.1%

Reno-Sparks Convention and Visitors Authority Combined Room Statistics

.

October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

309,468 71,747 115,578

344,223 70,449 128,660

(34,755) 1,298 (13,082)

-10.1% 1.8% -10.2%

344,490 70,449 128,780

(35,022) 1,298 (13,202)

-10.2% 1.8% -10.3%

Total Occupied Rooms

496,793

543,332

(46,539)

-8.6%

543,719

(46,926)

-8.6%

Vacant

277,713

241,433

36,280

15.0%

224,011

53,702

24.0%

Total Available Rooms

774,506

784,765

(10,259)

-1.3%

767,730

6,776

0.9%

Percentage of Occupancy Cash Comp 28 Day

40.0% 9.3% 14.9%

43.9% 9.0% 16.4%

(3.9) 0.3 (1.5)

-8.9% 3.3% -9.1%

44.9% 9.2% 16.8%

(4.9) 0.1 (1.9)

-10.9% 1.1% -11.3%

Total Occupancy Percentage

64.1%

69.2%

(5.1)

-7.4%

70.8%

(6.7)

-9.5%

Vacant

35.9%

30.8%

5.1

16.6%

29.2%

6.7

22.9%

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

$22,674,625 $5,078,407 $2,403,343

$25,926,498 $4,952,856 $2,584,755

($3,251,873) $125,551 ($181,412)

-12.5% 2.5% -7.0%

$25,218,368 $4,952,856 $2,585,556

($2,543,743) $125,551 ($182,213)

-10.1% 2.5% -7.0%

Total Revenue

$30,156,375

$33,464,109

($3,307,734)

-9.9%

$32,756,780

($2,600,405)

-7.9%

($2.05) $0.48 $0.70

-2.7% 0.7% 3.5%

Average Rates Cash Comp 28 Day

$73.27 $70.78 $20.79

$75.32 $70.30 $20.09

$73.20 $70.30 $20.08

$0.07 $0.48 $0.71

0.1% 0.7% 3.5%

Reno-Sparks Convention and Visitors Authority Hotel Statistics October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

255,988 71,509 694

283,669 70,255 795

(27,681) 1,254 (101)

-9.8% 1.8% -12.7%

279,936 70,255 795

(23,948) 1,254 (101)

-8.6% 1.8% -12.7%

Total Occupied Rooms

328,191

354,719

(26,528)

-7.5%

350,986

(22,795)

-6.5%

Vacant

149,808

131,578

18,230

13.9%

105,267

44,541

42.3%

Total Available Rooms

477,999

486,297

(8,298)

-1.7%

456,253

21,746

4.8%

Percentage of Occupancy Cash Comp 28 Day

53.6% 15.0% 0.1%

58.3% 14.4% 0.2%

(4.7) 0.6 (0.1)

-8.1% 4.2% -50.0%

61.4% 15.4% 0.2%

(7.8) (0.4) (0.1)

-12.7% -2.6% -50.0%

Total Occupancy Percentage

68.7%

72.9%

(4.2)

-5.8%

76.9%

(8.2)

-10.7%

Vacant

31.3%

27.1%

4.2

15.5%

23.1%

8.2

35.5%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$20,292,856 $5,069,206 $43,087

$23,014,893 $4,944,427 $42,977

($2,722,037) $124,779 $110

-11.8% 2.5% 0.3%

$22,241,887 $4,944,427 $42,977

($1,949,031) $124,779 $110

-8.8% 2.5% 0.3%

Total Revenue

$25,405,149

$28,002,297

($2,597,148)

-9.3%

$27,229,291

($1,824,142)

-6.7%

$79.27 $70.89 $62.09

$81.13 $70.38 $54.06

($1.86) $0.51 $8.03

-2.3% 0.7% 14.9%

$79.45 $70.38 $54.06

($0.18) $0.51 $8.03

-0.2% 0.7% 14.9%

Average Rates Cash Comp 28 Day

Reno-Sparks Convention and Visitors Authority Motel Statistics October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

27,739 127 3,734

31,143 87 2,669

(3,404) 40 1,065

-10.9% 46.0% 39.9%

34,223 87 2,669

(6,484) 40 1,065

-18.9% 46.0% 39.9%

Total Occupied Rooms

31,600

33,899

(2,299)

-6.8%

36,979

(5,379)

-14.5%

Vacant

38,956

36,657

2,299

6.3%

34,414

4,542

13.2%

Total Available Rooms

70,556

70,556

-

0.0%

71,393

(837)

-1.2%

Percentage of Occupancy Cash Comp 28 Day

39.3% 0.2% 5.3%

44.1% 0.1% 3.8%

(4.8) 0.1 1.5

-10.9% 100.0% 39.5%

47.9% 0.1% 3.7%

(8.6) 0.1 1.6

-18.0% 100.0% 43.2%

Total Occupancy Percentage

44.8%

48.0%

(3.2)

-6.7%

51.8%

(7.0)

-13.5%

Vacant

55.2%

52.0%

3.2

6.2%

48.2%

7.0

14.5%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$1,524,795 $6,169 $120,811

$1,987,952 $5,415 $83,058

($463,157) $754 $37,753

-23.3% 13.9% 45.5%

$2,008,032 $5,415 $83,058

($483,237) $754 $37,753

-24.1% 13.9% 45.5%

Total Revenue

$1,651,775

$2,076,425

($424,650)

-20.5%

$2,096,505

($444,730)

-21.2%

$54.97 $48.57 $32.35

$63.83 $62.24 $31.12

($8.86) ($13.67) $1.23

-13.9% -22.0% 4.0%

$58.67 $62.24 $31.12

($3.70) ($13.67) $1.23

-6.3% -22.0% 4.0%

Average Rates Cash Comp 28 Day

Reno-Sparks Convention and Visitors Authority 28 Day Motel Statistics October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

13,898 81,023

16,526 93,956

(2,628) (12,933)

-15.9% 0.0% -13.8%

17,396 94,076

(3,498) (13,053)

-20.1% 0.0% -13.9%

Total Occupied Rooms

94,921

110,482

(15,561)

-14.1%

111,472

(16,551)

-14.8%

Vacant

38,658

25,081

13,577

54.1%

35,034

3,624

10.3%

133,579

135,563

(1,984)

-1.5%

146,506

(12,927)

-8.8%

Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

10.4% 0.0% 60.7%

12.2% 0.0% 69.3%

(1.8) (8.6)

-14.8% 0.0% -12.4%

11.9% 0.0% 64.2%

(1.5) (3.5)

-12.6% 0.0% -5.5%

Total Occupancy Percentage

71.1%

81.5%

(10.4)

-12.8%

76.1%

(5.0)

-6.6%

Vacant

28.9%

18.5%

10.4

56.2%

23.9%

5.0

20.9%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$359,191 $0 $1,660,050

$421,769 $0 $1,890,264

($62,578) $0 ($230,214)

-14.8% 0.0% -12.2%

$463,483 $0 $1,891,065

($104,292) $0 ($231,015)

-22.5% 0.0% -12.2%

Total Revenue

$2,019,241

$2,312,033

($292,792)

-12.7%

$2,354,548

($335,307)

-14.2%

$25.84 $0.00 $20.49

$25.52 $0.00 $20.12

1.3% 0.0% 1.8%

$26.64 $0.00 $20.10

($0.80) $0.00 $0.39

-3.0% 0.0% 1.9%

Average Rates Cash Comp 28 Day

$0.32 $0.00 $0.37

Reno-Sparks Convention and Visitors Authority RV Park Statistics October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

6,267 111 24,741

6,937 107 26,444

(670) 4 (1,703)

-9.7% 3.7% -6.4%

6,937 107 26,444

(670) 4 (1,703)

-9.7% 3.7% -6.4%

Total Occupied Rooms

31,119

33,488

(2,369)

-7.1%

33,488

(2,369)

-7.1%

Vacant

22,759

20,390

2,369

11.6%

20,483

2,276

11.1%

Total Available Rooms

53,878

53,878

-

0.0%

53,971

(93)

-0.2%

Percentage of Occupancy Cash Comp 28 Day

11.6% 0.2% 45.9%

12.9% 0.2% 49.1%

(1.3) (3.2)

-10.1% 0.0% -6.5%

12.9% 0.2% 49.0%

(1.3) (3.1)

-10.1% 0.0% -6.3%

Total Occupancy Percentage

57.8%

62.2%

(4.4)

-7.1%

62.0%

(4.2)

-6.8%

Vacant

42.2%

37.8%

4.4

11.6%

38.0%

4.2

11.1%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$159,422 $3,032 $334,740

$202,816 $3,014 $339,402

($43,394) $18 ($4,662)

-21.4% 0.6% -1.4%

$195,016 $3,014 $339,402

($35,594) $18 ($4,662)

-18.3% 0.6% -1.4%

Total Revenue

$497,194

$545,232

($48,038)

-8.8%

$537,432

($40,238)

-7.5%

$25.44 $27.32 $13.53

$29.24 $28.17 $12.83

($3.80) ($0.85) $0.70

-13.0% -3.0% 5.5%

$28.11 $28.17 $12.83

($2.67) ($0.85) $0.70

-9.5% -3.0% 5.5%

Average Rates Cash Comp 28 Day

Reno-Sparks Convention and Visitors Authority Vacation Rental Statistics October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

844 5,386

576 4,796

268 590

46.5% 0.0% 12.3%

626 4,796

218 590

34.8% 0.0% 12.3%

Total Occupied Rooms

6,230

5,372

858

16.0%

5,422

808

14.9%

Vacant

13,486

14,220

(734)

-5.2%

15,386

(1,900)

-12.3%

Total Available Rooms

19,716

19,592

124

0.6%

20,808

(1,092)

-5.2%

Percentage of Occupancy Cash Comp 28 Day

4.3% 0.0% 27.3%

2.9% 0.0% 24.5%

1.4 2.8

48.3% 0.0% 11.4%

3.0% 0.0% 23.0%

1.3 4.3

43.3% 0.0% 18.7%

Total Occupancy Percentage

31.6%

27.4%

4.2

15.3%

26.1%

5.5

21.1%

Vacant

68.4%

72.6%

(4.2)

-5.8%

73.9%

(5.5)

-7.4%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$201,847 $0 $244,655

$147,015 $0 $229,054

$54,832 $0 $15,601

37.3% 0.0% 6.8%

$151,561 $0 $229,054

$50,286 $0 $15,601

33.2% 0.0% 6.8%

Total Revenue

$446,502

$376,069

$70,433

18.7%

$380,615

$65,887

17.3%

Average Rates Cash Comp 28 Day

$239.16 $0.00 $45.42

$255.23 $0.00 $47.76

($16.07) $0.00 ($2.34)

-6.3% 0.0% -4.9%

$242.11 $0.00 $47.76

($2.95) $0.00 ($2.34)

-1.2% 0.0% -4.9%

Reno-Sparks Convention and Visitors Authority Timeshare Statistics October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

4,732 -

5,372 -

(640) -

-11.9% 0.0% 0.0%

5,372 -

(640) -

-11.9% 0.0% 0.0%

Total Occupied Rooms

4,732

5,372

(640)

-11.9%

5,372

(640)

-11.9%

Vacant

14,046

13,507

539

4.0%

13,427

619

4.6%

Total Available Rooms

18,778

18,879

(101)

-0.5%

18,799

(21)

-0.1%

Percentage of Occupancy Cash Comp 28 Day

25.2% 0.0% 0.0%

28.5% 0.0% 0.0%

(3.3) -

-11.6% 0.0% 0.0%

28.6% 0.0% 0.0%

(3.4) -

-11.9% 0.0% 0.0%

Total Occupancy Percentage

25.2%

28.5%

(3.3)

-11.6%

28.6%

(3.4)

-11.9%

Vacant

74.8%

71.5%

3.3

4.6%

71.4%

3.4

4.8%

100.0%

100.0%

-

0.0%

100.0%

-

0.0%

Total (must equal 100.0%) Revenue Cash - Taxable Comp 28 Day

$136,514 $0 $0

$152,053 $0 $0

($15,539) $0 $0

-10.2% 0.0% 0.0%

$158,389 $0 $0

($21,875) $0 $0

-13.8% 0.0% 0.0%

Total Revenue

$136,514

$152,053

($15,539)

-10.2%

$158,389

($21,875)

-13.8%

$28.85 $0.00 $0.00

$28.30 $0.00 $0.00

1.9% 0.0% 0.0%

$29.48 $0.00 $0.00

($0.63) $0.00 $0.00

-2.1% 0.0% 0.0%

Average Rates Cash Comp 28 Day

$0.55 $0.00 $0.00

Reno-Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date October 2008 Description

Actual

Budget

Increase (Decrease) Amount % Percent

Taxable Room Revenues

$106,250,151

$125,982,296

($19,732,145)

-15.7%

$124,373,164

($18,123,013)

-14.6%

Occupied Rooms - Cash

1,319,537

1,459,662

(140,125)

-9.6%

1,482,357

(162,820)

-11.0%

$80.52

$86.31

($5.79)

-6.7%

$83.90

($3.38)

-4.0%

Occupied Rooms Cash Comp 28 Day

1,319,537 307,959 457,982

1,459,662 291,121 521,045

(140,125) 16,838 (63,063)

-9.6% 5.8% -12.1%

1,482,357 291,121 521,172

(162,820) 16,838 (63,190)

-11.0% 5.8% -12.1%

Total Occupied Rooms

2,085,478

2,271,828

(186,350)

-8.2%

2,294,650

(209,172)

-9.1%

Average Rate - Cash

Last Year

Increase (Decrease) Amount % Percent

Percentage of Occupancy Cash Comp 28 Day

42.6% 10.0% 14.8%

46.9% 9.4% 16.7%

(4.3) 0.6 (1.9)

-9.2% 6.4% -11.4%

48.5% 9.5% 17.1%

(5.9) 0.5 (2.3)

-12.2% 5.3% -13.5%

Total Percentage of Occupancy

67.4%

73.0%

(5.6)

-7.7%

75.1%

(7.7)

-10.3%

Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares

1,060,094 129,149 60,424 34,376 11,396 24,098

1,156,729 143,621 72,262 45,168 11,279 30,603

(96,635) (14,472) (11,838) (10,792) 117 (6,505)

-8.4% -10.1% -16.4% -23.9% 1.0% -21.3%

1,160,436 157,825 76,065 45,168 12,260 30,603

(100,342) (28,676) (15,641) (10,792) (864) (6,505)

-8.6% -18.2% -20.6% -23.9% -7.0% -21.3%

Total Occupied - Cash

1,319,537

1,459,662

(140,125)

-9.6%

1,482,357

(162,820)

-11.0%

Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares

55.7% 46.1% 11.2% 15.7% 14.6% 31.5%

60.0% 51.3% 13.4% 21.1% 14.5% 40.9%

(4.3) (5.2) (2.2) (5.4) 0.1 (9.4)

-7.2% -10.1% -16.4% -25.6% 0.7% -23.0%

64.3% 55.6% 13.0% 20.6% 14.8% 40.6%

(8.6) (9.5) (1.8) (4.9) (0.2) (9.1)

-13.4% -17.1% -13.8% -23.8% -1.4% -22.4%

Total Occupancy Percentage - Cash

42.6%

46.9%

(4.3)

-9.2%

48.5%

(5.9)

-12.2%

Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rental Timeshares Total Cash Average Rate

$86.32 $61.52 $29.21 $37.22 $276.65 $25.10

$93.13 $71.81 $28.65 $36.29 $310.01 $24.07

($6.81) ($10.29) $0.56 $0.93 ($33.36) $1.03

-7.3% -14.3% 2.0% 2.6% -10.8% 4.3%

$91.11 $66.01 $29.91 $34.90 $294.03 $25.07

($4.79) ($4.49) ($0.70) $2.32 ($17.38) $0.03

-5.3% -6.8% -2.3% 6.6% -5.9% 0.1%

$80.52

$86.31

($5.79)

-6.7%

$83.90

($3.38)

-4.0%

Reno-Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date

.

October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

1,319,537 307,959 457,982

1,459,662 291,121 521,045

(140,125) 16,838 (63,063)

-9.6% 5.8% -12.1%

1,482,357 291,121 521,172

(162,820) 16,838 (63,190)

-11.0% 5.8% -12.1%

Total Occupied Rooms

2,085,478

2,271,828

(186,350)

-8.2%

2,294,650

(209,172)

-9.1%

Vacant

1,009,120

838,910

170,210

20.3%

759,259

249,861

32.9%

Total Available Rooms

3,094,598

3,110,738

(16,140)

-0.5%

3,053,909

40,689

1.3%

Percentage of Occupancy Cash Comp 28 Day

42.6% 10.0% 14.8%

46.9% 9.4% 16.7%

(4.3) 0.6 (1.9)

-9.2% 6.4% -11.4%

48.5% 9.5% 17.1%

(5.9) 0.5 (2.3)

-12.2% 5.3% -13.5%

Total Occupancy Percentage

67.4%

73.0%

(5.6)

-7.7%

75.1%

(7.7)

-10.3%

Vacant

32.6%

27.0%

5.6

20.7%

24.9%

7.7

30.9%

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

$106,250,151 $23,530,763 $9,574,823

$125,982,296 $21,334,962 $10,579,662

($19,732,145) $2,195,801 ($1,004,839)

-15.7% 10.3% -9.5%

$124,373,164 $21,334,961 $10,623,543

($18,123,013) $2,195,802 ($1,048,720)

-14.6% 10.3% -9.9%

Total Revenue

$139,355,737

$157,896,920

($18,541,183)

-11.7%

$156,331,668

($16,975,931)

-10.9%

($5.79) $3.12 $0.61

-6.7% 4.3% 3.0%

($3.38) $3.12 $0.53

-4.0% 4.3% 2.6%

Average Rates Cash Comp 28 Day

$80.52 $76.41 $20.91

$86.31 $73.29 $20.30

$83.90 $73.29 $20.38

Reno-Sparks Convention and Visitors Authority Hotel Statistics - Year To Date October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

1,060,094 306,847 2,806

1,156,729 290,269 3,298

(96,635) 16,578 (492)

-8.4% 5.7% -14.9%

1,160,436 290,269 3,298

(100,342) 16,578 (492)

-8.6% 5.7% -14.9%

Total Occupied Rooms

1,369,747

1,450,296

(80,549)

-5.6%

1,454,003

(84,256)

-5.8%

532,796

476,198

56,598

11.9%

351,541

181,255

51.6%

1,902,543

1,926,494

(23,951)

-1.2%

1,805,544

96,999

5.4%

Vacant Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

55.7% 16.1% 0.1%

60.0% 15.1% 0.2%

(4.3) 1.0 (0.1)

-7.2% 6.6% -50.0%

64.3% 16.1% 0.2%

(8.6) (0.1)

-13.4% 0.0% -50.0%

Total Occupancy Percentage

72.0%

75.3%

(3.3)

-4.4%

80.5%

(8.5)

-10.6%

Vacant

28.0%

24.7%

3.3

13.4%

19.5%

8.5

43.6%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$91,502,480 $23,478,318 $156,917

$107,725,776 $21,290,785 $171,020

($16,223,296) $2,187,533 ($14,103)

-15.1% 10.3% -8.2%

$105,731,892 $21,290,785 $208,204

($14,229,412) $2,187,533 ($51,287)

-13.5% 10.3% -24.6%

Total Revenue

$115,137,715

$129,187,581

($14,049,866)

-10.9%

$127,230,881

($12,093,166)

-9.5%

$86.32 $76.51 $55.92

$93.13 $73.35 $51.86

($6.81) $3.16 $4.06

-7.3% 4.3% 7.8%

$91.11 $73.35 $63.13

($4.79) $3.16 ($7.21)

-5.3% 4.3% -11.4%

Average Rates Cash Comp 28 Day

Reno-Sparks Convention and Visitors Authority Motel Statistics - Year To Date October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

129,149 624 13,507

143,621 455 12,728

(14,472) 169 779

-10.1% 37.1% 6.1%

157,825 455 12,728

(28,676) 169 779

-18.2% 37.1% 6.1%

Total Occupied Rooms

143,280

156,804

(13,524)

-8.6%

171,008

(27,728)

-16.2%

Vacant

136,668

123,144

13,524

11.0%

112,695

23,973

21.3%

Total Available Rooms

279,948

279,948

-

0.0%

283,703

(3,755)

-1.3%

Percentage of Occupancy Cash Comp 28 Day

46.1% 0.2% 4.8%

51.3% 0.2% 4.5%

(5.2) 0.3

-10.1% 0.0% 6.7%

55.6% 0.2% 4.5%

(9.5) 0.3

-17.1% 0.0% 6.7%

Total Occupancy Percentage

51.2%

56.0%

(4.8)

-8.6%

60.3%

(9.1)

-15.1%

Vacant

48.8%

44.0%

4.8

10.9%

39.7%

9.1

22.9%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$7,945,462 $32,930 $476,120

$10,313,433 $28,450 $382,352

($2,367,971) $4,480 $93,768

-23.0% 15.7% 24.5%

$10,417,609 $28,450 $382,351

($2,472,147) $4,480 $93,769

-23.7% 15.7% 24.5%

Total Revenue

$8,454,512

$10,724,235

($2,269,723)

-21.2%

$10,828,410

($2,373,898)

-21.9%

$61.52 $52.77 $35.25

$71.81 $62.53 $30.04

($10.29) ($9.76) $5.21

-14.3% -15.6% 17.3%

$66.01 $62.53 $30.04

($4.49) ($9.76) $5.21

-6.8% -15.6% 17.3%

Average Rates Cash Comp 28 Day

Reno-Sparks Convention and Visitors Authority 28 Day Motel Statistics - Year To Date October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

60,424 319,091

72,262 377,889

(11,838) (58,798)

-16.4% 0.0% -15.6%

76,065 378,016

(15,641) (58,925)

-20.6% 0.0% -15.6%

Total Occupied Rooms

379,515

450,151

(70,636)

-15.7%

454,081

(74,566)

-16.4%

Vacant

159,568

87,728

71,840

81.9%

133,248

26,320

19.8%

Total Available Rooms

539,083

537,879

1,204

0.2%

587,329

(48,246)

-8.2%

Percentage of Occupancy Cash Comp 28 Day

11.2% 0.0% 59.2%

13.4% 0.0% 70.3%

(2.2) (11.1)

-16.4% 0.0% -15.8%

13.0% 0.0% 64.4%

(1.8) (5.2)

-13.8% 0.0% -8.1%

Total Occupancy Percentage

70.4%

83.7%

(13.3)

-15.9%

77.3%

(6.9)

-8.9%

Vacant

29.6%

16.3%

13.3

81.6%

22.7%

6.9

30.4%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$1,765,080 $0 $6,496,145

$2,070,652 $0 $7,608,492

($305,572) $0 ($1,112,347)

-14.8% 0.0% -14.6%

$2,275,442 $0 $7,615,191

($510,362) $0 ($1,119,046)

-22.4% 0.0% -14.7%

Total Revenue

$8,261,225

$9,679,144

($1,417,919)

-14.6%

$9,890,633

($1,629,408)

-16.5%

$29.21 $0.00 $20.36

$28.65 $0.00 $20.13

2.0% 0.0% 1.1%

$29.91 $0.00 $20.15

($0.70) $0.00 $0.21

-2.3% 0.0% 1.0%

Average Rates Cash Comp 28 Day

$0.56 $0.00 $0.23

Reno-Sparks Convention and Visitors Authority RV Park Statistics - Year To Date October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

34,376 488 100,803

45,168 397 105,996

(10,792) 91 (5,193)

-23.9% 22.9% -4.9%

45,168 397 105,996

(10,792) 91 (5,193)

-23.9% 22.9% -4.9%

Total Occupied Rooms

135,667

151,561

(15,894)

-10.5%

151,561

(15,894)

-10.5%

83,087

62,213

20,874

33.6%

67,472

15,615

23.1%

218,754

213,774

4,980

2.3%

219,033

Vacant Total Available Rooms

(279)

-0.1%

Percentage of Occupancy Cash Comp 28 Day

15.7% 0.2% 46.1%

21.1% 0.2% 49.6%

(5.4) (3.5)

-25.6% 0.0% -7.1%

20.6% 0.2% 48.4%

(4.9) (2.3)

-23.8% 0.0% -4.8%

Total Occupancy Percentage

62.0%

70.9%

(8.9)

-12.6%

69.2%

(7.2)

-10.4%

Vacant

38.0%

29.1%

8.9

30.6%

30.8%

7.2

23.4%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$1,279,542 $19,515 $1,338,968

$1,639,244 $15,727 $1,344,992

($359,702) $3,788 ($6,024)

-21.9% 24.1% -0.4%

$1,576,196 $15,726 $1,344,992

($296,654) $3,789 ($6,024)

-18.8% 24.1% -0.4%

Total Revenue

$2,638,025

$2,999,963

($361,938)

-12.1%

$2,936,914

($298,889)

-10.2%

$37.22 $39.99 $13.28

$36.29 $39.61 $12.69

2.6% 1.0% 4.6%

$34.90 $39.61 $12.69

Average Rates Cash Comp 28 Day

$0.93 $0.38 $0.59

$2.32 $0.38 $0.59

6.6% 1.0% 4.6%

Reno-Sparks Convention and Visitors Authority Vacation Rental Statistics - Year To Date October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

11,396 21,775

11,279 21,134

117 641

1.0% 0.0% 3.0%

12,260 21,134

(864) 641

-7.0% 0.0% 3.0%

Total Occupied Rooms

33,171

32,413

758

2.3%

33,394

(223)

-0.7%

Vacant

44,693

45,323

(630)

-1.4%

49,518

(4,825)

-9.7%

Total Available Rooms

77,864

77,736

128

0.2%

82,912

(5,048)

-6.1%

Percentage of Occupancy Cash Comp 28 Day

14.6% 0.0% 28.0%

14.5% 0.0% 27.2%

0.1 0.8

0.7% 0.0% 2.9%

14.8% 0.0% 25.5%

(0.2) 2.5

-1.4% 0.0% 9.8%

Total Occupancy Percentage

42.6%

41.7%

0.9

2.2%

40.3%

2.3

5.7%

Vacant

57.4%

58.3%

(0.9)

-1.5%

59.7%

(2.3)

-3.9%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$3,152,694 $0 $1,106,673

$3,496,629 $0 $1,072,806

($343,935) $0 $33,867

-9.8% 0.0% 3.2%

$3,604,772 $0 $1,072,805

($452,078) $0 $33,868

-12.5% 0.0% 3.2%

Total Revenue

$4,259,367

$4,569,435

($310,068)

-6.8%

$4,677,577

($418,210)

-8.9%

$276.65 $0.00 $50.82

$310.01 $0.00 $50.76

($33.36) $0.00 $0.06

-10.8% 0.0% 0.1%

$294.03 $0.00 $50.76

($17.38) $0.00 $0.06

-5.9% 0.0% 0.1%

Average Rates Cash Comp 28 Day

Reno-Sparks Convention and Visitors Authority Timeshare Statistics - Year To Date October 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

24,098 -

30,603 -

(6,505) -

-21.3% 0.0% 0.0%

30,603 -

(6,505) -

-21.3% 0.0% 0.0%

Total Occupied Rooms

24,098

30,603

(6,505)

-21.3%

30,603

(6,505)

-21.3%

Vacant

52,308

44,304

8,004

18.1%

44,785

7,523

16.8%

Total Available Rooms

76,406

74,907

1,499

2.0%

75,388

1,018

1.4%

Percentage of Occupancy Cash Comp 28 Day

31.5% 0.0% 0.0%

40.9% 0.0% 0.0%

(9.4) -

-23.0% 0.0% 0.0%

40.6% 0.0% 0.0%

(9.1) -

-22.4% 0.0% 0.0%

Total Occupancy Percentage

31.5%

40.9%

(9.4)

-23.0%

40.6%

(9.1)

-22.4%

Vacant

68.5%

59.1%

9.3

15.7%

59.4%

9.1

15.2%

100.0%

100.0%

-0.1

-0.1%

100.0%

Total (must equal 100.0%)

0.0

0.0%

Revenue Cash - Taxable Comp 28 Day

$604,893 $0 $0

$736,562 $0 $0

($131,669) $0 $0

-17.9% 0.0% 0.0%

$767,253 $0 $0

($162,360) $0 $0

-21.2% 0.0% 0.0%

Total Revenue

$604,893

$736,562

($131,669)

-17.9%

$767,253

($162,360)

-21.2%

$25.10 $0.00 $0.00

$24.07 $0.00 $0.00

4.3% 0.0% 0.0%

$25.07 $0.00 $0.00

Average Rates Cash Comp 28 Day

$1.03 $0.00 $0.00

$0.03 $0.00 $0.00

0.1% 0.0% 0.0%

Reno Sparks Convention and Visitors Authority Taxable Revenue by District October 2008

Current Month Actual October 2008

Last Year Actual

Amount

Year To Date

October 2007 Increase (Decrease) Amount % Percent

Tax District

Actual October 2008

Last Year - Year To Date Actual

Amount

October 2007 Increase (Decrease) Amount % Percent

10,301,554 7,142,085 103,233

10,865,623 8,744,430 146,344

(564,069) (1,602,345) (43,111)

-5.2% -18.3% -29.5%

Reno B Reno D Reno E

46,467,029 31,532,459 561,067

49,922,089 41,552,910 791,002

(3,455,060) (10,020,451) (229,935)

-6.9% -24.1% -29.1%

17,546,873

19,756,397

(2,209,524)

-11.2%

Total Reno

78,560,555

92,266,001

(13,705,446)

-14.9%

23,851 2,280,023

23,668 2,258,737

183 21,287

0.8% 0.9%

Washoe A Washoe B

110,727 15,821,793

119,461 17,469,868

(8,734) (1,648,075)

-7.3% -9.4%

2,303,874

2,282,405

21,470

0.9%

Total Washoe Co.

15,932,520

17,589,329

(1,656,809)

-9.4%

2,823,877

3,179,566

(355,689)

-11.2%

Sparks

11,757,076

14,517,834

(2,760,758)

-19.0%

22,674,625

25,218,368

(2,543,743)

-10.1%

Total Taxable Revenue

106,250,151

124,373,164

(18,123,013)

-14.6%