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%