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%