Room_Tax_and_Occupancy_Statistics_August_2008

August 2008 Room Statistics Taxable room revenues for the month total $31,178,115 and are below prior year by $4,144,150 (-11.7%). Cash occupied room nights of 352,487 are below prior year by 36,611 (-9.4%). Comp occupied room nights of 84,112 are above prior year by 10,717 (14.6%), and 28-Day occupied room nights of 115,315 are below prior year by 18,412 (-13.8%). Total occupied rooms for the month (Cash,Comp, 28-day) of 551,914 are 44,306 (-7.4%) below the prior year.

Overall, Washoe County occupancy percentages of 71.4% for the month are 7.9% below the 77.5% level of the prior year. There were 4,183 (.5%) more available rooms for the month.

Overall cash average rates for the month of $88.45 are down $2.33 (-2.6%), compared to $90.78 for the prior year.

Year-to-date cash occupied room nights of 675,230 are 82,576 (-10.9%) below prior year. Cash average rates year-to-date of $83.60 are $3.52 (-4.0%) below prior year. Year-to-date, total taxable room revenues of $56,447,583 are $9,575,525 (-14.5%) below prior year.

Available Rooms

Total Occupied Rooms

Hotels

475,639

361,691

76.0%

82.4%

(6.4)

-7.8%

Motels

70,556

40,998

58.1%

64.9%

(6.8)

-10.5%

28 Day

134,230

95,880

71.4%

77.9%

(6.5)

-8.3%

RV Parks

53,878

36,373

67.5%

72.2%

(4.7)

-6.5%

Timeshares

19,604

6,902

35.2%

49.4%

(14.2)

-28.7%

Vacation Rentals

19,592

10,070

51.4%

51.5%

(0.1)

-0.2%

Totals

773,499

551,914

71.4%

77.5%

(6.1)

-7.9%

Segments

Percentage of Occupancy Actual Last Year

$500.00

$400.00 $350.00

250,000

$324.46

$450.00

$324.14

300,000

AVERAGE CASH RATES

300,408

350,000

277,195

CASH OCCUPIED ROOMS NIGHTS

Increase (Decrease) Amount % Percent

$300.00

200,000

$250.00

0

Hotels

Motels Actual

28 Day

RV Parks

Timeshares

Vacation Rentals

$24.78

$23.65

$46.36

$0.00

Hotels

Motels

28 Day

RV Parks

Actual

Last Year

$45.80

$30.68

$69.88

$66.61

$97.88

$50.00

$33.58

4,828

4,562

6,902

9,478

$100.00

12,163

10,292

19,864

16,123

50,000

42,357

37,413

$150.00

100,000

$93.86

$200.00

150,000

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 August 2008 Description

Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Taxable Room Revenues

$31,178,115

$34,934,652

($3,756,537)

-10.8%

$35,322,265

($4,144,150)

-11.7%

Occupied Rooms - Cash

352,487

374,392

(21,905)

-5.9%

389,098

(36,611)

-9.4%

$88.45

$93.31

($4.86)

-5.2%

$90.78

($2.33)

-2.6%

Occupied Rooms Cash Comp 28 Day

352,487 84,112 115,315

374,392 73,395 133,720

(21,905) 10,717 (18,405)

-5.9% 14.6% -13.8%

389,098 73,395 133,727

(36,611) 10,717 (18,412)

-9.4% 14.6% -13.8%

Total Occupied Rooms

551,914

581,507

(29,593)

-5.1%

596,220

(44,306)

-7.4%

Average Rate - Cash

Percentage of Occupancy Cash Comp 28 Day

45.6% 10.9% 14.9%

47.7% 9.4% 17.0%

(2.1) 1.5 (2.1)

-4.4% 16.0% -12.4%

50.6% 9.5% 17.4%

(5.0) 1.4 (2.5)

-9.9% 14.7% -14.4%

Total Percentage of Occupancy

71.4%

74.1%

(2.7)

-3.6%

77.5%

(6.1)

-7.9%

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

277,195 37,413 16,123 10,292 4,562 6,902

290,862 38,553 18,871 12,163 4,465 9,478

(13,667) (1,140) (2,748) (1,871) 97 (2,576)

-4.7% -3.0% -14.6% -15.4% 2.2% -27.2%

300,408 42,357 19,864 12,163 4,828 9,478

(23,213) (4,944) (3,741) (1,871) (266) (2,576)

-7.7% -11.7% -18.8% -15.4% -5.5% -27.2%

Total Occupied - Cash

352,487

374,392

(21,905)

-5.9%

389,098

(36,611)

-9.4%

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

58.3% 53.0% 12.0% 19.1% 23.3% 35.2%

59.8% 54.6% 13.9% 22.6% 22.8% 50.2%

(1.5) (1.6) (1.9) (3.5) 0.5 (15.0)

-2.5% -2.9% -13.7% -15.5% 2.2% -29.9%

66.1% 59.3% 13.3% 22.5% 23.0% 49.4%

(7.8) (6.3) (1.3) (3.4) 0.3 (14.2)

-11.8% -10.6% -9.8% -15.1% 1.3% -28.7%

Total Occupancy Percentage - Cash

45.6%

47.7%

(2.1)

-4.4%

50.6%

(5.0)

-9.9%

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

$93.86 $66.61 $33.58 $46.36 $324.14 $24.78

$100.17 $76.00 $29.38 $47.63 $340.31 $22.70

($6.31) ($9.39) $4.20 ($1.27) ($16.17) $2.08

-6.3% -12.4% 14.3% -2.7% -4.8% 9.2%

$97.88 $69.88 $30.68 $45.80 $324.46 $23.65

($4.02) ($3.27) $2.90 $0.56 ($0.32) $1.13

-4.1% -4.7% 9.5% 1.2% -0.1% 4.8%

$88.45

$93.31

($4.86)

-5.2%

$90.78

($2.33)

-2.6%

Reno Sparks Convention and Visitors Authority Combined Room Statistics

.

August 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

352,487 84,112 115,315

374,392 73,395 133,720

(21,905) 10,717 (18,405)

-5.9% 14.6% -13.8%

389,098 73,395 133,727

(36,611) 10,717 (18,412)

-9.4% 14.6% -13.8%

Total Occupied Rooms

551,914

581,507

(29,593)

-5.1%

596,220

(44,306)

-7.4%

Vacant

221,585

203,258

18,327

9.0%

173,096

48,489

28.0%

Total Available Rooms

773,499

784,765

(11,266)

-1.4%

769,316

4,183

0.5%

Percentage of Occupancy Cash Comp 28 Day

45.6% 10.9% 14.9%

47.7% 9.4% 17.0%

(2.1) 1.5 (2.1)

-4.4% 16.0% -12.4%

50.6% 9.5% 17.4%

(5.0) 1.4 (2.5)

-9.9% 14.7% -14.4%

Total Occupancy Percentage

71.4%

74.1%

(2.7)

-3.6%

77.5%

(6.1)

-7.9%

Vacant

28.6%

25.9%

2.7

10.4%

22.5%

6.1

27.1%

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

$31,178,115 $6,469,660 $2,455,501

$34,934,652 $5,515,197 $2,842,660

($3,756,537) $954,463 ($387,159)

-10.8% 17.3% -13.6%

$35,322,265 $5,515,197 $2,856,434

($4,144,150) $954,463 ($400,933)

-11.7% 17.3% -14.0%

Total Revenue

$40,103,276

$43,292,509

($3,189,233)

-7.4%

$43,693,896

($3,590,620)

-8.2%

($4.86) $1.78 $0.03

-5.2% 2.4% 0.1%

($2.33) $1.78 ($0.07)

-2.6% 2.4% -0.3%

Average Rates Cash Comp 28 Day

$88.45 $76.92 $21.29

$93.31 $75.14 $21.26

$90.78 $75.14 $21.36

Reno Sparks Convention and Visitors Authority Hotel Statistics August 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

277,195 83,773 723

290,862 73,170 924

(13,667) 10,603 (201)

-4.7% 14.5% -21.8%

300,408 73,170 924

(23,213) 10,603 (201)

-7.7% 14.5% -21.8%

Total Occupied Rooms

361,691

364,956

(3,265)

-0.9%

374,502

(12,811)

-3.4%

Vacant

113,948

121,341

(7,393)

-6.1%

80,152

33,796

42.2%

Total Available Rooms

475,639

486,297

(10,658)

-2.2%

454,654

20,985

4.6%

Percentage of Occupancy Cash Comp 28 Day

58.3% 17.6% 0.2%

59.8% 15.0% 0.2%

(1.5) 2.6 -

-2.5% 17.3% 0.0%

66.1% 16.1% 0.2%

(7.8) 1.5 -

-11.8% 9.3% 0.0%

Total Occupancy Percentage

76.0%

75.0%

1.0

1.3%

82.4%

(6.4)

-7.8%

Vacant

24.0%

25.0%

(1.0)

-4.0%

17.6%

6.4

36.4%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$26,017,663 $6,452,511 $40,685

$29,135,889 $5,502,487 $54,437

($3,118,226) $950,024 ($13,752)

-10.7% 17.3% -25.3%

$29,405,383 $5,502,487 $62,314

($3,387,720) $950,024 ($21,629)

-11.5% 17.3% -34.7%

Total Revenue

$32,510,859

$34,692,813

($2,181,954)

-6.3%

$34,970,184

($2,459,325)

-7.0%

$93.86 $77.02 $56.27

$100.17 $75.20 $58.91

($6.31) $1.82 ($2.64)

-6.3% 2.4% -4.5%

$97.88 $75.20 $67.44

($4.02) $1.82 ($11.17)

-4.1% 2.4% -16.6%

Average Rates Cash Comp 28 Day

Reno Sparks Convention and Visitors Authority Motel Statistics August 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

37,413 153 3,432

38,553 135 3,833

(1,140) 18 (401)

-3.0% 13.3% -10.5%

42,357 135 3,833

(4,944) 18 (401)

-11.7% 13.3% -10.5%

Total Occupied Rooms

40,998

42,521

(1,523)

-3.6%

46,325

(5,327)

-11.5%

Vacant

29,558

28,035

1,523

5.4%

25,068

4,490

17.9%

Total Available Rooms

70,556

70,556

-

0.0%

71,393

(837)

-1.2%

Percentage of Occupancy Cash Comp 28 Day

53.0% 0.2% 4.9%

54.6% 0.2% 5.4%

(1.6) (0.5)

-2.9% 0.0% -9.3%

59.3% 0.2% 5.4%

(6.3) (0.5)

-10.6% 0.0% -9.3%

Total Occupancy Percentage

58.1%

60.3%

(2.2)

-3.6%

64.9%

(6.8)

-10.5%

Vacant

41.9%

39.7%

2.2

5.5%

35.1%

6.8

19.4%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$2,492,210 $7,923 $129,004

$2,930,190 $8,459 $106,564

($437,980) ($536) $22,440

-14.9% -6.3% 21.1%

$2,959,788 $8,459 $106,564

($467,578) ($536) $22,440

-15.8% -6.3% 21.1%

Total Revenue

$2,629,137

$3,045,213

($416,076)

-13.7%

$3,074,811

($445,674)

-14.5%

$66.61 $51.78 $37.59

$76.00 $62.66 $27.80

($9.39) ($10.88) $9.79

-12.4% -17.4% 35.2%

$69.88 $62.66 $27.80

($3.27) ($10.88) $9.79

-4.7% -17.4% 35.2%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

16,123 79,757

18,871 96,247

(2,748) (16,490)

-14.6% 0.0% -17.1%

19,864 96,254

(3,741) (16,497)

-18.8% 0.0% -17.1%

Total Occupied Rooms

95,880

115,118

(19,238)

-16.7%

116,118

(20,238)

-17.4%

Vacant

38,350

20,445

17,905

87.6%

32,992

5,358

16.2%

134,230

135,563

(1,333)

-1.0%

149,110

(14,880)

-10.0%

Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

12.0% 0.0% 59.4%

13.9% 0.0% 71.0%

(1.9) (11.6)

-13.7% 0.0% -16.3%

13.3% 0.0% 64.6%

(1.3) (5.2)

-9.8% 0.0% -8.0%

Total Occupancy Percentage

71.4%

84.9%

(13.5)

-15.9%

77.9%

(6.5)

-8.3%

Vacant

28.6%

15.1%

13.5

89.4%

22.1%

6.5

29.4%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$541,362 $0 $1,643,495

$554,518 $0 $2,036,567

($13,156) $0 ($393,072)

-2.4% 0.0% -19.3%

$609,361 $0 $2,042,464

($67,999) $0 ($398,969)

-11.2% 0.0% -19.5%

Total Revenue

$2,184,857

$2,591,085

($406,228)

-15.7%

$2,651,825

($466,968)

-17.6%

$33.58 $0.00 $20.61

$29.38 $0.00 $21.16

$4.20 $0.00 ($0.55)

14.3% 0.0% -2.6%

$30.68 $0.00 $21.22

$2.90 $0.00 ($0.61)

9.5% 0.0% -2.9%

Average Rates Cash Comp 28 Day

Reno Sparks Convention and Visitors Authority RV Park Statistics August 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

10,292 186 25,895

12,163 90 26,727

(1,871) 96 (832)

-15.4% 106.7% -3.1%

12,163 90 26,727

(1,871) 96 (832)

-15.4% 106.7% -3.1%

Total Occupied Rooms

36,373

38,980

(2,607)

-6.7%

38,980

(2,607)

-6.7%

Vacant

17,505

14,898

2,607

17.5%

14,991

2,514

16.8%

Total Available Rooms

53,878

53,878

-

0.0%

53,971

(93)

-0.2%

Percentage of Occupancy Cash Comp 28 Day

19.1% 0.3% 48.1%

22.6% 0.2% 49.6%

(3.5) 0.1 (1.5)

-15.5% 50.0% -3.0%

22.5% 0.2% 49.5%

(3.4) 0.1 (1.4)

-15.1% 50.0% -2.8%

Total Occupancy Percentage

67.5%

72.3%

(4.8)

-6.6%

72.2%

(4.7)

-6.5%

Vacant

32.5%

27.7%

4.8

17.3%

27.8%

4.7

16.9%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$477,167 $9,226 $348,683

$579,363 $4,251 $342,252

($102,196) $4,975 $6,431

-17.6% 117.0% 1.9%

$557,080 $4,251 $342,252

($79,913) $4,975 $6,431

-14.3% 117.0% 1.9%

Total Revenue

$835,076

$925,866

($90,790)

-9.8%

$903,583

($68,507)

-7.6%

$46.36 $49.60 $13.47

$47.63 $47.23 $12.81

($1.27) $2.37 $0.66

-2.7% 5.0% 5.2%

$45.80 $47.23 $12.81

Average Rates Cash Comp 28 Day

$0.56 $2.37 $0.66

1.2% 5.0% 5.2%

Reno Sparks Convention and Visitors Authority Vacation Rental Statistics August 2008 Actual Occupied Rooms Cash Comp 28 Day Total Occupied Rooms Vacant Total Available Rooms

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

4,562 5,508

4,465 5,989

97 (481)

2.2% 0.0% -8.0%

4,828 5,989

(266) (481)

-5.5% 0.0% -8.0%

10,070

10,454

(384)

-3.7%

10,817

(747)

-6.9%

9,522

9,138

384

4.2%

10,170

(648)

-6.4%

19,592

19,592

-

0.0%

20,987

(1,395)

-6.6%

Percentage of Occupancy Cash Comp 28 Day

23.3% 0.0% 28.1%

22.8% 0.0% 30.6%

0.5 (2.5)

2.2% 0.0% -8.2%

23.0% 0.0% 28.5%

0.3 (0.4)

1.3% 0.0% -1.4%

Total Occupancy Percentage

51.4%

53.4%

(2.0)

-3.7%

51.5%

(0.1)

-0.2%

Vacant

48.6%

46.6%

2.0

4.3%

48.5%

0.1

0.2%

100.0%

100.0%

-

0.0%

100.0%

-

0.0%

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

$1,478,709 $0 $293,634

$1,519,498 $0 $302,840

($40,789) $0 ($9,206)

-2.7% 0.0% -3.0%

$1,566,493 $0 $302,840

($87,784) $0 ($9,206)

-5.6% 0.0% -3.0%

Total Revenue

$1,772,343

$1,822,338

($49,995)

-2.7%

$1,869,333

($96,990)

-5.2%

$324.14 $0.00 $53.31

$340.31 $0.00 $50.57

($16.17) $0.00 $2.74

-4.8% 0.0% 5.4%

$324.46 $0.00 $50.57

($0.32) $0.00 $2.74

-0.1% 0.0% 5.4%

Average Rates Cash Comp 28 Day

Reno Sparks Convention and Visitors Authority Timeshare Statistics August 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

6,902 -

9,478 -

(2,576) -

-27.2% 0.0% 0.0%

9,478 -

(2,576) -

-27.2% 0.0% 0.0%

Total Occupied Rooms

6,902

9,478

(2,576)

-27.2%

9,478

(2,576)

-27.2%

Vacant

12,702

9,401

3,301

35.1%

9,723

2,979

30.6%

Total Available Rooms

19,604

18,879

725

3.8%

19,201

403

2.1%

Percentage of Occupancy Cash Comp 28 Day

35.2% 0.0% 0.0%

50.2% 0.0% 0.0%

(15.0) -

-29.9% 0.0% 0.0%

49.4% 0.0% 0.0%

(14.2) -

-28.7% 0.0% 0.0%

Total Occupancy Percentage

35.2%

50.2%

(15.0)

-29.9%

49.4%

(14.2)

-28.7%

Vacant

64.8%

49.8%

15.0

30.1%

50.6%

14.2

28.1%

100.0%

100.0%

-

0.0%

100.0%

-

0.0%

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

$171,004 $0 $0

$215,194 $0 $0

($44,190) $0 $0

-20.5% 0.0% 0.0%

$224,160 $0 $0

($53,156) $0 $0

-23.7% 0.0% 0.0%

Total Revenue

$171,004

$215,194

($44,190)

-20.5%

$224,160

($53,156)

-23.7%

$24.78 $0.00 $0.00

$22.70 $0.00 $0.00

9.2% 0.0% 0.0%

$23.65 $0.00 $0.00

Average Rates Cash Comp 28 Day

$2.08 $0.00 $0.00

$1.13 $0.00 $0.00

4.8% 0.0% 0.0%

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

Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Taxable Room Revenues

$56,447,583

$65,449,750

($9,002,167)

-13.8%

$66,023,108

($9,575,525)

-14.5%

Occupied Rooms - Cash

675,230

731,212

(55,982)

-7.7%

757,806

(82,576)

-10.9%

$83.60

$89.51

($5.91)

-6.6%

$87.12

($3.52)

-4.0%

675,230 166,172 230,519

731,212 149,111 266,452

(55,982) 17,061 (35,933)

-7.7% 11.4% -13.5%

757,806 149,111 266,459

(82,576) 17,061 (35,940)

-10.9% 11.4% -13.5%

1,071,921

1,146,775

(74,854)

-6.5%

1,173,376

(101,455)

-8.6%

Average Rate - Cash Occupied Rooms Cash Comp 28 Day Total Occupied Rooms Percentage of Occupancy Cash Comp 28 Day

43.6% 10.7% 14.9%

46.7% 9.5% 17.0%

(3.1) 1.2 (2.1)

-6.6% 12.6% -12.4%

49.3% 9.7% 17.3%

(5.7) 1.0 (2.4)

-11.6% 10.3% -13.9%

Total Percentage of Occupancy

69.2%

73.2%

(4.0)

-5.5%

76.4%

(7.2)

-9.4%

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

534,577 69,523 31,217 17,103 9,303 13,507

569,010 75,367 37,586 21,622 9,117 18,510

(34,433) (5,844) (6,369) (4,519) 186 (5,003)

-6.1% -7.8% -16.9% -20.9% 2.0% -27.0%

585,379 82,821 39,564 21,622 9,910 18,510

(50,802) (13,298) (8,347) (4,519) (607) (5,003)

-8.7% -16.1% -21.1% -20.9% -6.1% -27.0%

Total Occupied - Cash

675,230

731,212

(55,982)

-7.7%

757,806

(82,576)

-10.9%

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

56.3% 49.3% 11.5% 15.9% 23.8% 34.4%

58.7% 53.4% 13.9% 20.1% 23.3% 49.0%

(2.4) (4.1) (2.4) (4.2) 0.5 (14.6)

-4.1% -7.7% -17.3% -20.9% 2.1% -29.8%

64.6% 57.8% 13.2% 20.0% 23.6% 48.5%

(8.3) (8.5) (1.7) (4.1) 0.2 (14.1)

-12.8% -14.7% -12.9% -20.5% 0.8% -29.1%

Total Occupancy Percentage - Cash

43.6%

46.7%

(3.1)

-6.6%

49.3%

(5.7)

-11.6%

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

$88.76 $62.63 $31.26 $41.56 $282.54 $24.43

$96.17 $71.79 $28.82 $41.76 $322.22 $21.27

($7.41) ($9.16) $2.44 ($0.20) ($39.68) $3.16

-7.7% -12.8% 8.5% -0.5% -12.3% 14.9%

$94.06 $65.99 $30.09 $40.15 $305.60 $22.16

($5.30) ($3.36) $1.17 $1.41 ($23.06) $2.27

-5.6% -5.1% 3.9% 3.5% -7.5% 10.2%

$83.60

$89.51

($5.91)

-6.6%

$87.12

($3.52)

-4.0%

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

.

August 2008 Actual Occupied Rooms Cash Comp 28 Day Total Occupied Rooms Vacant Total Available Rooms

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

675,230 166,172 230,519

731,212 149,111 266,452

(55,982) 17,061 (35,933)

-7.7% 11.4% -13.5%

757,806 149,111 266,459

(82,576) 17,061 (35,940)

-10.9% 11.4% -13.5%

1,071,921

1,146,775

(74,854)

-6.5%

1,173,376

(101,455)

-8.6%

477,069

419,748

57,321

13.7%

363,035

114,034

31.4%

1,548,990

1,566,523

(17,533)

-1.1%

1,536,411

12,579

0.8%

Percentage of Occupancy Cash Comp 28 Day

43.6% 10.7% 14.9%

46.7% 9.5% 17.0%

(3.1) 1.2 (2.1)

-6.6% 12.6% -12.4%

49.3% 9.7% 17.3%

(5.7) 1.0 (2.4)

-11.6% 10.3% -13.9%

Total Occupancy Percentage

69.2%

73.2%

(4.0)

-5.5%

76.4%

(7.2)

-9.4%

Vacant

30.8%

26.8%

4.0

14.9%

23.6%

7.2

30.5%

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

$56,447,583 $12,488,936 $4,870,371

$65,449,750 $10,813,705 $5,487,080

($9,002,167) $1,675,231 ($616,709)

-13.8% 15.5% -11.2%

$66,023,108 $10,813,705 $5,500,854

($9,575,525) $1,675,231 ($630,483)

-14.5% 15.5% -11.5%

Total Revenue

$73,806,890

$81,750,535

($7,943,645)

-9.7%

$82,337,667

($8,530,777)

-10.4%

($5.91) $2.64 $0.54

-6.6% 3.6% 2.6%

($3.52) $2.64 $0.49

-4.0% 3.6% 2.4%

Average Rates Cash Comp 28 Day

$83.60 $75.16 $21.13

$89.51 $72.52 $20.59

$87.12 $72.52 $20.64

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

534,577 165,540 1,314

569,010 148,659 1,719

(34,433) 16,881 (405)

-6.1% 11.4% -23.6%

585,379 148,659 1,719

(50,802) 16,881 (405)

-8.7% 11.4% -23.6%

Total Occupied Rooms

701,431

719,388

(17,957)

-2.5%

735,757

(34,326)

-4.7%

Vacant

248,060

250,199

(2,139)

-0.9%

170,697

77,363

45.3%

Total Available Rooms

949,491

969,587

(20,096)

-2.1%

906,454

43,037

4.7%

Percentage of Occupancy Cash Comp 28 Day

56.3% 17.4% 0.1%

58.7% 15.3% 0.2%

(2.4) 2.1 (0.1)

-4.1% 13.7% -50.0%

64.6% 16.4% 0.2%

(8.3) 1.0 (0.1)

-12.8% 6.1% -50.0%

Total Occupancy Percentage

73.9%

74.2%

(0.3)

-0.4%

81.2%

(7.3)

-9.0%

Vacant

26.1%

25.8%

0.3

1.2%

18.8%

7.3

38.8%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$47,448,354 $12,459,421 $74,704

$54,721,624 $10,789,413 $110,753

($7,273,270) $1,670,008 ($36,049)

-13.3% 15.5% -32.5%

$55,060,657 $10,789,413 $118,631

($7,612,303) $1,670,008 ($43,927)

-13.8% 15.5% -37.0%

Total Revenue

$59,982,479

$65,621,790

($5,639,311)

-8.6%

$65,968,701

($5,986,222)

-9.1%

$88.76 $75.27 $56.85

$96.17 $72.58 $64.43

($7.41) $2.69 ($7.58)

-7.7% 3.7% -11.8%

$94.06 $72.58 $69.01

($5.30) $2.69 ($12.16)

-5.6% 3.7% -17.6%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

69,523 339 6,725

75,367 257 7,391

(5,844) 82 (666)

-7.8% 31.9% -9.0%

82,821 257 7,391

(13,298) 82 (666)

-16.1% 31.9% -9.0%

Total Occupied Rooms

76,587

83,015

(6,428)

-7.7%

90,469

(13,882)

-15.3%

Vacant

64,525

58,097

6,428

11.1%

52,751

11,774

22.3%

141,112

141,112

-

0.0%

143,220

(2,108)

-1.5%

Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

49.3% 0.2% 4.8%

53.4% 0.2% 5.2%

(4.1) (0.4)

-7.7% 0.0% -7.7%

57.8% 0.2% 5.2%

(8.5) (0.4)

-14.7% 0.0% -7.7%

Total Occupancy Percentage

54.3%

58.8%

(4.5)

-7.7%

63.2%

(8.9)

-14.1%

Vacant

45.7%

41.2%

4.5

10.9%

36.8%

8.9

24.2%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$4,354,273 $16,445 $249,139

$5,410,555 $15,535 $212,592

($1,056,282) $910 $36,547

-19.5% 5.9% 17.2%

$5,465,208 $15,535 $212,592

($1,110,935) $910 $36,547

-20.3% 5.9% 17.2%

Total Revenue

$4,619,857

$5,638,682

($1,018,825)

-18.1%

$5,693,335

($1,073,478)

-18.9%

$62.63 $48.51 $37.05

$71.79 $60.45 $28.76

($9.16) ($11.94) $8.29

-12.8% -19.8% 28.8%

$65.99 $60.45 $28.76

($3.36) ($11.94) $8.29

-5.1% -19.8% 28.8%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

31,217 159,670

37,586 191,894

(6,369) (32,224)

-16.9% 0.0% -16.8%

39,564 191,901

(8,347) (32,231)

-21.1% 0.0% -16.8%

Total Occupied Rooms

190,887

229,480

(38,593)

-16.8%

231,465

(40,578)

-17.5%

81,355

41,646

39,709

95.3%

67,158

14,197

21.1%

272,242

271,126

1,116

0.4%

298,623

(26,381)

-8.8%

Vacant Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

11.5% 0.0% 58.7%

13.9% 0.0% 70.8%

(2.4) (12.1)

-17.3% 0.0% -17.1%

13.2% 0.0% 64.3%

(1.7) (5.6)

-12.9% 0.0% -8.7%

Total Occupancy Percentage

70.1%

84.6%

(14.5)

-17.1%

77.5%

(7.4)

-9.5%

Vacant

29.9%

15.4%

14.5

94.2%

22.5%

7.4

32.9%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$975,691 $0 $3,270,680

$1,083,299 $0 $3,905,363

($107,608) $0 ($634,683)

-9.9% 0.0% -16.3%

$1,190,439 $0 $3,911,261

($214,748) $0 ($640,581)

-18.0% 0.0% -16.4%

Total Revenue

$4,246,371

$4,988,662

($742,291)

-14.9%

$5,101,700

($855,329)

-16.8%

$31.26 $0.00 $20.48

$28.82 $0.00 $20.35

8.5% 0.0% 0.6%

$30.09 $0.00 $20.38

Average Rates Cash Comp 28 Day

$2.44 $0.00 $0.13

$1.17 $0.00 $0.10

3.9% 0.0% 0.5%

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

17,103 293 51,744

21,622 195 54,026

(4,519) 98 (2,282)

-20.9% 50.3% -4.2%

21,622 195 54,026

(4,519) 98 (2,282)

-20.9% 50.3% -4.2%

Total Occupied Rooms

69,140

75,843

(6,703)

-8.8%

75,843

(6,703)

-8.8%

Vacant

38,616

31,913

6,703

21.0%

32,099

6,517

20.3%

107,756

107,756

-

0.0%

107,942

Total Available Rooms

(186)

-0.2%

Percentage of Occupancy Cash Comp 28 Day

15.9% 0.3% 48.0%

20.1% 0.2% 50.1%

(4.2) 0.1 (2.1)

-20.9% 50.0% -4.2%

20.0% 0.2% 50.1%

(4.1) 0.1 (2.1)

-20.5% 50.0% -4.2%

Total Occupancy Percentage

64.2%

70.4%

(6.2)

-8.8%

70.3%

(6.1)

-8.7%

Vacant

35.8%

29.6%

6.2

20.9%

29.7%

6.1

20.5%

100.0%

100.0%

0.0%

100.0%

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

-

-

0.0%

$710,779 $13,070 $683,947

$902,917 $8,757 $684,346

($192,138) $4,313 ($399)

-21.3% 49.3% -0.1%

$868,190 $8,757 $684,345

($157,411) $4,313 ($398)

-18.1% 49.3% -0.1%

$1,407,796

$1,596,020

($188,224)

-11.8%

$1,561,292

($153,496)

-9.8%

$41.56 $44.61 $13.22

$41.76 $44.91 $12.67

($0.20) ($0.30) $0.55

-0.5% -0.7% 4.3%

$40.15 $44.91 $12.67

$1.41 ($0.30) $0.55

3.5% -0.7% 4.3%

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

9,303 11,066

9,117 11,422

186 (356)

2.0% 0.0% -3.1%

9,910 11,422

(607) (356)

-6.1% 0.0% -3.1%

Total Occupied Rooms

20,369

20,539

(170)

-0.8%

21,332

(963)

-4.5%

Vacant

18,786

18,645

141

0.8%

20,642

(1,856)

-9.0%

Total Available Rooms

39,155

39,184

(29)

-0.1%

41,974

(2,819)

-6.7%

Percentage of Occupancy Cash Comp 28 Day

23.8% 0.0% 28.3%

23.3% 0.0% 29.1%

0.5 (0.8)

2.1% 0.0% -2.7%

23.6% 0.0% 27.2%

0.2 1.1

0.8% 0.0% 4.0%

Total Occupancy Percentage

52.0%

52.4%

(0.4)

-0.8%

50.8%

1.2

2.4%

Vacant

48.0%

47.6%

0.4

0.8%

49.2%

(1.2)

-2.4%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$2,628,444 $0 $591,901

$2,937,663 $0 $574,026

($309,219) $0 $17,875

-10.5% 0.0% 3.1%

$3,028,518 $0 $574,025

($400,074) $0 $17,876

-13.2% 0.0% 3.1%

Total Revenue

$3,220,345

$3,511,689

($291,344)

-8.3%

$3,602,543

($382,198)

-10.6%

$282.54 $0.00 $53.49

$322.22 $0.00 $50.26

($39.68) $0.00 $3.23

-12.3% 0.0% 6.4%

$305.60 $0.00 $50.26

($23.06) $0.00 $3.23

-7.5% 0.0% 6.4%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

13,507 -

18,510 -

(5,003) -

-27.0% 0.0% 0.0%

18,510 -

(5,003) -

-27.0% 0.0% 0.0%

Total Occupied Rooms

13,507

18,510

(5,003)

-27.0%

18,510

(5,003)

-27.0%

Vacant

25,727

19,248

6,479

33.7%

19,688

6,039

30.7%

Total Available Rooms

39,234

37,758

1,476

3.9%

38,198

1,036

2.7%

Percentage of Occupancy Cash Comp 28 Day

34.4% 0.0% 0.0%

49.0% 0.0% 0.0%

(14.6) -

-29.8% 0.0% 0.0%

48.5% 0.0% 0.0%

(14.1) -

-29.1% 0.0% 0.0%

Total Occupancy Percentage

34.4%

49.0%

(14.6)

-29.8%

48.5%

(14.1)

-29.1%

Vacant

65.6%

51.0%

14.6

28.6%

51.5%

14.0

27.2%

100.0%

100.0%

0.0

0.0%

100.0%

Total (must equal 100.0%)

-0.1

-0.1%

Revenue Cash - Taxable Comp 28 Day

$330,042 $0 $0

$393,692 $0 $0

($63,650) $0 $0

-16.2% 0.0% 0.0%

$410,096 $0 $0

($80,054) $0 $0

-19.5% 0.0% 0.0%

Total Revenue

$330,042

$393,692

($63,650)

-16.2%

$410,096

($80,054)

-19.5%

$24.43 $0.00 $0.00

$21.27 $0.00 $0.00

14.9% 0.0% 0.0%

$22.16 $0.00 $0.00

Average Rates Cash Comp 28 Day

$3.16 $0.00 $0.00

$2.27 $0.00 $0.00

10.2% 0.0% 0.0%

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

Current Month Actual August 2008

Last Year Actual

Amount

Year To Date

August 2007 Increase (Decrease) Amount % Percent

Tax District

Last Year - Year To Date Actual

Actual August 2008

Amount

August 2007 Increase (Decrease) Amount % Percent

12,511,617 9,402,660 182,261

13,795,074 10,948,162 232,422

(1,283,457) (1,545,502) (50,162)

-9.3% -14.1% -21.6%

Reno B Reno D Reno E

23,030,731 16,281,292 314,479

25,231,238 20,968,747 398,598

(2,200,507) (4,687,455) (84,119)

-8.7% -22.4% -21.1%

22,096,538

24,975,659

(2,879,121)

-11.5%

Total Reno

39,626,502

46,598,583

(6,972,081)

-15.0%

34,153 5,722,892

27,512 6,135,768

6,641 (412,875)

24.1% -6.7%

Washoe A Washoe B

52,960 10,800,722

50,593 11,831,473

2,367 (1,030,751)

4.7% -8.7%

5,757,046

6,163,280

(406,235)

-6.6%

Total Washoe Co.

10,853,683

11,882,066

(1,028,384)

-8.7%

3,324,532

4,183,326

(858,795)

-20.5%

Sparks

5,967,398

7,542,459

(1,575,060)

-20.9%

31,178,115

35,322,265

(4,144,150)

-11.7%

Total Taxable Revenue

56,447,583

66,023,108

(9,575,525)

-14.5%