March 2008 Room Statistics Taxable room revenues for the month total $20,856,682 and are below prior year by $5,519,816 (-20.9%). Cash occupied room nights of 302,981 are below prior year by 59,350 (-16.4%). Comp occupied room nights of 79,905 are above prior year by 14,879 (22.9%), and 28-Day occupied room nights of 117,339 are below prior year by 14,319 (-10.9%). Total occupied rooms for the month (Cash,Comp, 28-day) of 500,225 are 58,790 (-10.5%) below the prior year. Overall, Washoe County occupancy percentages of 64.2% for the month are 12.8% below the 73.6% level of the prior year. There were 19,583 (2.6%) more available rooms for the month. Overall cash average rates for the month of $68.84 are down $3.96 (-5.4%), compared to $72.80 for the prior year. Year-to-date cash occupied room nights of 2,887,572 are 147,392 (-4.9%) below prior year. Cash average rates year-to-date of $78.79 are $4.46 (6.0%) above prior year. Year-to-date, total taxable room revenues of $227,504,977 are $1,931,485 (.9%) above prior year.
Available Rooms
Total Occupied Rooms
Hotels
481,418
330,980
68.8%
79.6%
(10.8)
-13.6%
Motels
70,556
30,958
43.9%
60.1%
(16.2)
-27.0%
28 Day
134,437
95,432
71.0%
76.1%
(5.1)
-6.7%
RV Parks
53,878
29,418
54.6%
66.7%
(12.1)
-18.2%
Timeshares
18,912
6,516
34.5%
36.1%
(1.7)
-4.6%
Vacation Rentals
19,532
6,921
35.4%
19.6%
15.9
81.0%
Totals
778,733
500,225
64.2%
73.6%
(9.4)
-12.8%
Segments
Percentage of Occupancy Actual Last Year
CASH OCCUPIED ROOMS NIGHTS
Increase (Decrease) Amount % Percent
AVERAGE CASH RATES
$400.00 $350.00
250,000
$334.85
$450.00
$317.92
250,583
$300.00
200,000
$250.00
0
Hotels
Motels Actual
28 Day
RV Parks
Timeshares
Vacation Rentals
$28.08
$23.94
$0.00
Hotels
Motels
28 Day
RV Parks
Actual
Last Year
$26.36
$25.24
$28.04
$53.11
$27.84
$50.00
$51.22
1,125
882
6,900
4,949
6,516
$100.00
4,763
16,881
12,529
27,465
50,000
38,405
$150.00
100,000
$79.07
$200.00
150,000
$73.59
300,000
294,314
$500.00
350,000
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 March 2008 Description
Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Taxable Room Revenues
$20,856,682
$23,020,546
($2,163,864)
-9.4%
$26,376,498
($5,519,816)
-20.9%
Occupied Rooms - Cash
302,981
360,110
(57,129)
-15.9%
362,331
(59,350)
-16.4%
$68.84
$63.93
$4.91
7.7%
$72.80
($3.96)
-5.4%
Occupied Rooms Cash Comp 28 Day
302,981 79,905 117,339
360,110 78,879 124,888
(57,129) 1,026 (7,549)
-15.9% 1.3% -6.0%
362,331 65,026 131,658
(59,350) 14,879 (14,319)
-16.4% 22.9% -10.9%
Total Occupied Rooms
500,225
563,877
(63,652)
-11.3%
559,015
(58,790)
-10.5%
Average Rate - Cash
Percentage of Occupancy Cash Comp 28 Day
38.9% 10.3% 15.1%
44.8% 9.8% 15.5%
(5.9) 0.4 (0.5)
-13.2% 4.6% -3.0%
47.7% 8.6% 17.3%
(8.8) 1.7 (2.3)
-18.5% 19.8% -13.1%
Total Percentage of Occupancy
64.2%
70.2%
(5.9)
-8.4%
73.6%
(9.4)
-12.8%
Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timehares
250,583 27,465 12,529 4,763 1,125 6,516
295,511 33,539 18,130 5,648 1,325 5,957
(44,928) (6,074) (5,601) (885) (200) 559
-15.2% -18.1% -30.9% -15.7% -15.1% 9.4%
294,314 38,405 16,881 4,949 882 6,900
(43,731) (10,940) (4,352) (186) 243 (384)
-14.9% -28.5% -25.8% -3.8% 27.6% -5.6%
Total Occupied - Cash
302,981
360,110
(57,129)
-15.9%
362,331
(59,350)
-16.4%
Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
52.1% 38.9% 9.3% 8.8% 5.8% 34.5%
60.0% 44.7% 12.3% 11.4% 6.6% 31.6%
(8.0) (5.8) (2.9) (2.6) (0.9) 2.9
-13.3% -12.9% -23.9% -22.6% -12.9% 9.2%
65.1% 52.6% 11.4% 10.2% 4.8% 36.1%
(13.1) (13.7) (2.1) (1.4) 1.0 (1.7)
-20.1% -26.0% -18.3% -13.4% 20.9% -4.6%
Total Occupancy Percentage - Cash
38.9%
44.8%
(5.9)
-13.2%
47.7%
(8.8)
-18.5%
Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares Total Cash Average Rate
$73.59 $51.22 $27.84 $25.24 $317.92 $28.08
$68.80 $47.18 $26.53 $23.17 $253.93 $26.54
$4.79 $4.04 $1.31 $2.07 $63.99 $1.54
7.0% 8.6% 4.9% 8.9% 25.2% 5.8%
$79.07 $53.11 $28.04 $26.36 $334.85 $23.94
($5.49) ($1.89) ($0.20) ($1.12) ($16.92) $4.14
-6.9% -3.6% -0.7% -4.3% -5.1% 17.3%
$68.84
$63.93
$4.91
7.7%
$72.80
($3.96)
-5.4%
Reno Sparks Convention and Visitors Authority Combined Room Statistics
.
March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
302,981 79,905 117,339
360,110 78,879 124,888
(57,129) 1,026 (7,549)
-15.9% 1.3% -6.0%
362,331 65,026 131,658
(59,350) 14,879 (14,319)
-16.4% 22.9% -10.9%
Total Occupied Rooms
500,225
563,877
(63,652)
-11.3%
559,015
(58,790)
-10.5%
Vacant
278,508
239,891
38,617
16.1%
200,135
78,373
39.2%
Total Available Rooms
778,733
803,768
(25,035)
-3.1%
759,150
19,583
2.6%
Percentage of Occupancy Cash Comp 28 Day
38.9% 10.3% 15.1%
44.8% 9.8% 15.5%
(5.9) 0.4 (0.5)
-13.2% 4.6% -3.0%
47.7% 8.6% 17.3%
(8.8) 1.7 (2.3)
-18.5% 19.8% -13.1%
Total Occupancy Percentage
64.2%
70.2%
(5.9)
-8.4%
73.6%
(9.4)
-12.8%
Vacant
35.8%
29.8%
5.9
19.8%
26.4%
9.4
35.7%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$20,856,682.12 $5,393,594.96 $2,395,422.89
$23,020,546.00 $4,515,539.00 $2,291,193.00
($2,163,863.88) $878,055.96 $104,229.89
-9.4% 19.4% 4.5%
$26,376,498.22 $4,134,019.98 $2,662,263.65
($5,519,816.10) $1,259,574.98 ($266,840.76)
-20.9% 30.5% -10.0%
Total Revenue
$28,645,699.97
$29,827,278.00
($1,181,578.03)
-4.0%
$33,172,781.85
($4,527,081.88)
-13.6%
$68.84 $67.50 $20.41
$63.93 $57.25 $18.35
7.7% 17.9% 11.3%
$72.80 $63.57 $20.22
($3.96) $3.93 $0.19
-5.4% 6.2% 1.0%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$4.91 $10.25 $2.07
Reno Sparks Convention and Visitors Authority Hotel Statistics March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
250,583 79,648 749
295,511 78,001 1,706
(44,928) 1,647 (957)
-15.2% 2.1% -56.1%
294,314 64,860 494
(43,731) 14,788 255
-14.9% 22.8% 51.6%
Total Occupied Rooms
330,980
375,218
(44,238)
-11.8%
359,668
(28,688)
-8.0%
Vacant
150,438
117,155
33,283
28.4%
92,383
58,055
62.8%
Total Available Rooms
481,418
492,373
(10,955)
-2.2%
452,051
29,367
6.5%
Percentage of Occupancy Cash Comp 28 Day
52.1% 16.5% 0.2%
60.0% 15.8% 0.3%
(8.0) 0.7 (0.2)
-13.3% 4.4% -55.1%
65.1% 14.3% 0.1%
(13.1) 2.2 0.0
-20.1% 15.3% 42.4%
Total Occupancy Percentage
68.8%
76.2%
(7.5)
-9.8%
79.6%
(10.8)
-13.6%
Vacant
31.2%
23.8%
7.5
31.3%
20.4%
10.8
52.9%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$18,440,290.67 $5,382,439.44 $44,339.23
$20,331,859.00 $4,482,667.00 $90,402.00
($1,891,568.33) $899,772.44 ($46,062.77)
-9.3% 20.1% -51.0%
$23,272,761.44 $4,126,631.93 $23,061.01
($4,832,470.77) $1,255,807.51 $21,278.22
-20.8% 30.4% 92.3%
Total Revenue
$23,867,069.34
$24,904,928.00
($1,037,858.66)
-4.2%
$27,422,454.38
($3,555,385.04)
-13.0%
$73.59 $67.58 $59.20
$68.80 $57.47 $52.99
7.0% 17.6% 11.7%
$79.07 $63.62 $46.68
($5.49) $3.95 $12.52
-6.9% 6.2% 26.8%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$4.79 $10.11 $6.21
Reno Sparks Convention and Visitors Authority Motel Statistics March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
27,465 190 3,303
33,539 656 415
(6,074) (466) 2,888
-18.1% -71.0% 695.9%
38,405 162 5,318
(10,940) 28 (2,015)
-28.5% 17.3% -37.9%
Total Occupied Rooms
30,958
34,610
(3,652)
-10.6%
43,885
(12,927)
-29.5%
Vacant
39,598
40,441
(843)
-2.1%
29,151
10,447
35.8%
Total Available Rooms
70,556
75,051
(4,495)
-6.0%
73,036
(2,480)
-3.4%
Percentage of Occupancy Cash Comp 28 Day
38.9% 0.3% 4.7%
44.7% 0.9% 0.6%
(5.8) (0.6) 4.1
-12.9% -69.2% 746.6%
52.6% 0.2% 7.3%
(13.7) 0.0 (2.6)
-26.0% 21.4% -35.7%
Total Occupancy Percentage
43.9%
46.1%
(2.2)
-4.8%
60.1%
(16.2)
-27.0%
Vacant
56.1%
53.9%
2.2
4.2%
39.9%
16.2
40.6%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,406,748.48 $9,384.16 $125,623.60
$1,582,322.19 $28,139.00 -$29,888.29
($175,573.71) ($18,754.84) $155,511.89
-11.1% -66.7% -520.3%
$2,039,507.25 $7,309.88 $146,566.63
($632,758.77) $2,074.28 ($20,943.03)
-31.0% 28.4% -14.3%
Total Revenue
$1,541,756.24
$1,580,572.90
($38,816.66)
-2.5%
$2,193,383.76
($651,627.52)
-29.7%
$51.22 $49.39 $38.03
$47.18 $42.89 ($72.02)
8.6% 15.1% -152.8%
$53.11 $45.12 $27.56
($1.89) $4.27 $10.47
-3.6% 9.5% 38.0%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$4.04 $6.50 $110.05
Reno Sparks Convention and Visitors Authority 28 Day Motel Statistics March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
12,529 82,903
18,130 94,149
(5,601) (11,246)
-30.9% 0.0% -11.9%
16,881 95,716
(4,352) (12,813)
-25.8% 0.0% -13.4%
Total Occupied Rooms
95,432
112,279
(16,847)
-15.0%
112,597
(17,165)
-15.2%
Vacant
39,005
35,715
3,290
9.2%
35,397
3,608
10.2%
134,437
147,994
(13,557)
-9.2%
147,994
(13,557)
-9.2%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
9.3% 0.0% 61.7%
12.3% 0.0% 63.6%
(2.9) (1.9)
-23.9% 0.0% -3.1%
11.4% 0.0% 64.7%
(2.1) (3.0)
-18.3% 0.0% -4.7%
Total Occupancy Percentage
71.0%
75.9%
(4.9)
-6.4%
76.1%
(5.1)
-6.7%
Vacant
29.0%
24.1%
4.9
20.2%
23.9%
5.1
21.3%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$348,785.64 $0.00 $1,615,085.16
$480,906.81 $0.00 $1,804,121.67
($132,121.17) $0.00 ($189,036.51)
-27.5% 0.0% -10.5%
$473,265.22 $0.00 $1,985,948.83
($124,479.58) $0.00 ($370,863.67)
-26.3% 0.0% -18.7%
Total Revenue
$1,963,870.80
$2,285,028.48
($321,157.68)
-14.1%
$2,459,214.05
($495,343.25)
-20.1%
$27.84 $0.00 $19.48
$26.53 $0.00 $19.16
4.9% 0.0% 1.7%
$28.04 $0.00 $20.75
($0.20) $0.00 ($1.27)
-0.7% 0.0% -6.1%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$1.31 $0.00 $0.32
Reno Sparks Convention and Visitors Authority RV Park Statistics March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
4,763 67 24,588
5,648 222 25,773
(885) (155) (1,185)
-15.7% -69.8% -4.6%
4,949 4 27,389
(186) 63 (2,801)
-3.8% 1575.0% -10.2%
Total Occupied Rooms
29,418
31,643
(2,225)
-7.0%
32,342
(2,924)
-9.0%
Vacant
24,460
17,802
6,658
37.4%
16,111
8,349
51.8%
Total Available Rooms
53,878
49,445
4,433
9.0%
48,453
5,425
11.2%
Percentage of Occupancy Cash Comp 28 Day
8.8% 0.1% 45.6%
11.4% 0.4% 52.1%
(2.6) (0.3) (6.5)
-22.6% -72.3% -12.4%
10.2% 0.0% 56.5%
(1.4) 0.1 (10.9)
-13.4% 1406.3% -19.3%
Total Occupancy Percentage
54.6%
64.0%
(9.4)
-14.7%
66.7%
(12.1)
-18.2%
Vacant
45.4%
36.0%
9.4
26.1%
33.3%
12.1
36.5%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$120,215.87 $1,771.36 $330,469.86
$130,875.00 $4,733.00 $301,028.62
($10,659.13) ($2,961.64) $29,441.24
-8.1% -62.6% 9.8%
$130,464.83 $78.17 $369,572.98
($10,248.96) $1,693.19 ($39,103.12)
-7.9% 2166.0% -10.6%
Total Revenue
$452,457.09
$436,636.62
$15,820.47
3.6%
$500,115.98
($47,658.89)
-9.5%
$2.07 $5.12 $1.76
8.9% 24.0% 15.1%
$26.36 $19.54 $13.49
($1.12) $6.90 ($0.05)
-4.3% 35.3% -0.4%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$25.24 $26.44 $13.44
$23.17 $21.32 $11.68
Reno Sparks Convention and Visitors Authority Vacation Rental Statistics March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
1,125 5,796
1,325 2,845
(200) 2,951
-15.1% 0.0% 103.7%
882 2,741
243 3,055
27.6% 0.0% 111.5%
Total Occupied Rooms
6,921
4,170
2,751
66.0%
3,623
3,298
91.0%
Vacant
12,611
15,856
(3,245)
-20.5%
14,884
(2,273)
-15.3%
Total Available Rooms
19,532
20,026
(494)
-2.5%
18,507
1,025
5.5%
Percentage of Occupancy Cash Comp 28 Day
5.8% 0.0% 29.7%
6.6% 0.0% 14.2%
(0.9) 15.5
-12.9% 0.0% 108.9%
4.8% 0.0% 14.8%
1.0 14.9
20.9% 0.0% 100.4%
Total Occupancy Percentage
35.4%
20.8%
14.6
70.2%
19.6%
15.9
81.0%
Vacant
64.6%
79.2%
(14.6)
-18.5%
80.4%
(15.9)
-19.7%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$357,662.98 $0.00 $279,905.04
$336,462.00 $0.00 $125,529.00
$21,200.98 $0.00 $154,376.04
6.3% 0.0% 123.0%
$295,335.52 $0.00 $137,114.20
$62,327.46 $0.00 $142,790.84
21.1% 0.0% 104.1%
Total Revenue
$637,568.02
$461,991.00
$175,577.02
38.0%
$432,449.72
$205,118.30
47.4%
$317.92 $0.00 $48.29
$253.93 $0.00 $44.12
$63.99 $0.00 $4.17
25.2% 0.0% 9.5%
$334.85 $0.00 $50.02
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
($16.92) $0.00 ($1.73)
-5.1% 0.0% -3.5%
Reno Sparks Convention and Visitors Authority Timeshare Statistics March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
6,516 -
5,957 -
559 -
9.4% 0.0% 0.0%
6,900 -
(384) -
-5.6% 0.0% 0.0%
Total Occupied Rooms
6,516
5,957
559
9.4%
6,900
(384)
-5.6%
Vacant
12,396
12,922
(526)
-4.1%
12,209
187
1.5%
Total Available Rooms
18,912
18,879
33
0.2%
19,109
(197)
-1.0%
Percentage of Occupancy Cash Comp 28 Day
34.5% 0.0% 0.0%
31.6% 0.0% 0.0%
2.9 -
9.2% 0.0% 0.0%
36.1% 0.0% 0.0%
(1.7) -
-4.6% 0.0% 0.0%
Total Occupancy Percentage
34.5%
31.6%
2.9
9.2%
36.1%
(1.7)
-4.6%
Vacant
65.5%
68.4%
(2.9)
-4.2%
63.9%
1.7
2.6%
100.0%
100.0%
0.0
0.0%
100.0%
Revenue Cash - Taxable Comp 28 Day
$182,978.48 $0.00 $0.00
$158,121.00 $0.00 $0.00
$24,857.48 $0.00 $0.00
15.7% 0.0% 0.0%
$165,163.96 $0.00 $0.00
$17,814.52 $0.00 $0.00
10.8% 0.0% 0.0%
Total Revenue
$182,978.48
$158,121
$24,857.48
15.7%
$165,163.96
$17,814.52
10.8%
$1.54 $0.00 $0.00
5.8% 0.0% 0.0%
$23.94 $0.00 $0.00
$4.14 $0.00 $0.00
17.3% 0.0% 0.0%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$28.08 $0.00 $0.00
$26.54 $0.00 $0.00
0.0
0.0%
Reno Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date March 2008 Increase (Decrease) Amount % Percent
Actual
Budget
Taxable Room Revenues
$227,504,977
$227,681,345
($176,368)
-0.1%
$225,573,492
Occupied Rooms - Cash
2,887,572
2,977,360
(89,788)
-3.0%
3,034,964
$78.79
$76.47
$2.32
3.0%
$74.32
Occupied Rooms Cash Comp 28 Day
2,887,572 631,718 1,108,477
2,977,360 607,682 1,147,763
(89,788) 24,036 (39,286)
-3.0% 4.0% -3.4%
3,034,964 588,578 1,156,264
(147,392) 43,140 (47,787)
-4.9% 7.3% -4.1%
Total Occupied Rooms
4,627,767
4,732,805
(105,038)
-2.2%
4,779,806
(152,039)
-3.2%
Average Rate - Cash
Last Year
Increase (Decrease) Amount % Percent
Description
$1,931,485 (147,392) $4.46
0.9% -4.9% 6.0%
Percentage of Occupancy Cash Comp 28 Day
42.2% 9.2% 16.2%
43.0% 8.8% 16.6%
(0.8) 0.5 (0.4)
-1.9% 5.2% -2.3%
44.9% 8.7% 17.1%
(2.7) 0.5 (0.9)
-6.1% 5.9% -5.4%
Total Percentage of Occupancy
67.6%
68.3%
(0.7)
-1.0%
70.8%
(3.2)
-4.5%
Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
2,309,395 295,991 144,446 60,553 19,216 57,971
2,359,108 318,347 159,990 60,123 22,325 57,467
(49,713) (22,356) (15,544) 430 (3,109) 504
-2.1% -7.0% -9.7% 0.7% -13.9% 0.9%
2,397,892 333,645 163,331 60,525 21,677 57,894
(88,497) (37,654) (18,885) 28 (2,461) 77
-3.7% -11.3% -11.6% 0.0% -11.4% 0.0%
Total Occupied - Cash
2,887,572
2,977,360
(89,788)
-3.0%
3,034,964
(147,392)
-4.9%
Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
56.1% 46.7% 11.5% 12.5% 10.5% 34.5%
56.7% 47.7% 12.2% 13.7% 12.6% 34.3%
(0.6) (1.0) (0.7) (1.2) (2.1) 0.2
-1.0% -2.1% -5.9% -8.7% -16.7% 0.6%
60.4% 50.8% 12.4% 12.7% 12.7% 35.6%
(4.3) (4.1) (0.9) (0.2) (2.2) (1.1)
-7.1% -8.1% -7.3% -1.7% -17.5% -3.1%
Total Occupancy Percentage - Cash
42.2%
43.0%
(0.8)
-1.9%
44.9%
(2.7)
-6.1%
Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rental Timeshares Total Cash Average Rate
$84.73 $61.22 $28.42 $32.05 $313.89 $28.01
$81.99 $61.43 $29.83 $32.09 $296.09 $24.13
$2.74 ($0.21) ($1.41) ($0.03) $17.79 $3.88
3.3% -0.3% -4.7% -0.1% 6.0% 16.1%
$79.80 $58.81 $29.38 $31.01 $289.35 $28.68
$4.94 $2.41 ($0.96) $1.04 $24.54 ($0.67)
6.2% 4.1% -3.3% 3.4% 8.5% -2.3%
$78.79
$76.47
$2.32
3.0%
$74.32
$4.46
6.0%
Reno Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date
.
March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
2,887,572 631,718 1,108,477
2,977,360 607,682 1,147,763
(89,788) 24,036 (39,286)
-3.0% 4.0% -3.4%
3,034,964 588,578 1,156,264
(147,392) 43,140 (47,787)
-4.9% 7.3% -4.1%
Total Occupied Rooms
4,627,767
4,732,805
(105,038)
-2.2%
4,779,806
(152,039)
-3.2%
Vacant
2,216,930
2,193,875
23,055
1.1%
1,974,066
242,864
12.3%
Total Available Rooms
6,844,697
6,926,680
(81,983)
-1.2%
6,753,872
90,825
1.3%
Percentage of Occupancy Cash Comp 28 Day
42.2% 9.2% 16.2%
43.0% 8.8% 16.6%
(0.8) 0.5 (0.4)
-1.9% 5.2% -2.3%
44.9% 8.7% 17.1%
(2.7) 0.5 (0.9)
-6.1% 5.9% -5.4%
Total Occupancy Percentage
67.6%
68.3%
(0.7)
-1.0%
70.8%
(3.2)
-4.5%
Vacant
32.4%
31.7%
0.7
2.3%
29.2%
3.2
10.8%
100.0%
100.0%
0.0
0.0%
100.0%
Revenue Cash - Taxable Comp 28 Day
$227,504,977.28 $44,701,954.07 $22,795,329.22
$227,681,345.00 $40,837,924.00 $22,124,871.00
($176,367.72) $3,864,030.07 $670,458.22
-0.1% 9.5% 3.0%
$225,573,492.36 $40,090,524.44 $22,478,557.84
$1,931,484.92 $4,611,429.63 $316,771.38
0.9% 11.5% 1.4%
Total Revenue
$295,002,260.57
$290,644,140.00
$4,358,120.57
1.5%
$288,142,574.64
$6,859,685.93
2.4%
$78.79 $70.76 $20.56
$76.47 $67.20 $19.28
$2.32 $3.56 $1.29
3.0% 5.3% 6.7%
$74.32 $68.11 $19.44
$4.46 $2.65 $1.12
6.0% 3.9% 5.8%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
0.0
0.0%
Reno Sparks Convention and Visitors Authority Hotel Statistics - Year To Date March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
2,309,395 629,791 5,956
2,359,108 602,861 12,661
(49,713) 26,930 (6,705)
-2.1% 4.5% -53.0%
2,397,892 584,500 7,050
(88,497) 45,291 (1,094)
-3.7% 7.7% -15.5%
Total Occupied Rooms
2,945,142
2,974,630
(29,488)
-1.0%
2,989,442
(44,300)
-1.5%
Vacant
1,171,778
1,189,675
(17,897)
-1.5%
979,846
191,932
19.6%
Total Available Rooms
4,116,920
4,164,305
(47,385)
-1.1%
3,969,288
147,632
3.7%
Percentage of Occupancy Cash Comp 28 Day
56.1% 15.3% 0.1%
56.7% 14.5% 0.3%
(0.6) 0.8 (0.2)
-1.0% 5.7% -52.4%
60.4% 14.7% 0.2%
(4.3) 0.6 (0.0)
-7.1% 3.9% -18.5%
Total Occupancy Percentage
71.5%
71.4%
0.1
0.1%
75.3%
(3.8)
-5.1%
Vacant
28.5%
28.6%
(0.1)
-0.4%
24.7%
3.8
15.3%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$195,682,734.76 $44,605,589.04 $358,994.09
$193,426,555.00 $40,583,404.00 $527,447.00
$2,256,179.76 $4,022,185.04 ($168,452.91)
1.2% 9.9% -31.9%
$191,343,192.75 $39,861,968.84 $387,143.12
$4,339,542.01 $4,743,620.20 ($28,149.03)
2.3% 11.9% -7.3%
Total Revenue
$240,647,317.89
$234,537,406.00
$6,109,911.89
2.6%
$231,592,304.71
$9,055,013.18
3.9%
$84.73 $70.83 $60.27
$81.99 $67.32 $41.66
$2.74 $3.51 $18.62
3.3% 5.2% 44.7%
$79.80 $68.20 $54.91
$4.94 $2.63 $5.36
6.2% 3.9% 9.8%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority Motel Statistics - Year To Date March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
295,991 1,305 28,763
318,347 2,374 33,828
(22,356) (1,069) (5,065)
-7.0% -45.0% -15.0%
333,645 1,880 38,676
(37,654) (575) (9,913)
-11.3% -30.6% -25.6%
Total Occupied Rooms
326,059
354,549
(28,490)
-8.0%
374,201
(48,142)
-12.9%
Vacant
307,766
312,744
(4,978)
-1.6%
282,510
25,256
8.9%
Total Available Rooms
633,825
667,293
(33,468)
-5.0%
656,711
(22,886)
-3.5%
Percentage of Occupancy Cash Comp 28 Day
46.7% 0.2% 4.5%
47.7% 0.4% 5.1%
(1.0) (0.1) (0.5)
-2.1% -42.1% -10.5%
50.8% 0.3% 5.9%
(4.1) (0.1) (1.4)
-8.1% -28.1% -22.9%
Total Occupancy Percentage
51.4%
53.1%
(1.7)
-3.2%
57.0%
(5.5)
-9.7%
Vacant
48.6%
46.9%
1.7
3.6%
43.0%
5.5
12.9%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$18,121,081.47 $74,043.13 $945,588.63
$19,556,266.26 $112,606.00 $935,286.33
($1,435,184.79) ($38,562.87) $10,302.30
-7.3% -34.2% 1.1%
$19,622,712.76 $91,775.66 $1,061,765.93
($1,501,631.29) ($17,732.53) ($116,177.30)
-7.7% -19.3% -10.9%
Total Revenue
$19,140,713.23
$20,604,158.59
($1,463,445.36)
-7.1%
$20,776,254.35
($1,635,541.12)
-7.9%
$61.22 $56.74 $32.88
$61.43 $47.43 $27.65
($0.21) $9.31 $5.23
-0.3% 19.6% 18.9%
$58.81 $48.82 $27.45
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
$2.41 $7.92 $5.42
4.1% 16.2% 19.8%
Reno Sparks Convention and Visitors Authority 28 Day Motel Statistics - Year To Date March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
144,446 796,845
159,990 679 841,629
(15,544) (679) (44,784)
-9.7% -100.0% -5.3%
163,331 648 849,381
(18,885) (648) (52,536)
-11.6% -100.0% -6.2%
Total Occupied Rooms
941,291
1,002,298
(61,007)
-6.1%
1,013,360
(72,069)
-7.1%
Vacant
317,771
309,476
8,295
2.7%
306,306
11,465
3.7%
1,259,062
1,311,774
(52,712)
-4.0%
1,319,666
(60,604)
-4.6%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
11.5% 0.0% 63.3%
12.2% 0.1% 64.2%
(0.7) (0.1) (0.9)
-5.9% -100.0% -1.4%
12.4% 0.0% 64.4%
(0.9) (0.0) (1.1)
-7.3% -100.0% -1.7%
Total Occupancy Percentage
74.8%
76.4%
(1.6)
-2.2%
76.8%
(2.0)
-2.6%
Vacant
25.2%
23.6%
1.6
7.0%
23.2%
2.0
8.7%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$4,104,775.84 $0.00 $16,166,429.25
$4,772,078.10 $83,955.00 $16,518,442.07
($667,302.26) ($83,955.00) ($352,012.82)
-14.0% -100.0% -2.1%
$4,797,993.78 $83,475.00 $16,805,823.74
($693,217.94) ($83,475.00) ($639,394.49)
-14.4% -100.0% -3.8%
Total Revenue
$20,271,205.09
$21,374,475.17
-$1,103,270.08
-5.2%
$21,687,292.52
($1,416,087.43)
-6.5%
$28.42 $0.00 $20.29
$29.83 $123.65 $19.63
($1.41) ($123.65) $0.66
-4.7% -100.0% 3.4%
$29.38 $128.82 $19.79
($0.96) ($128.82) $0.50
-3.3% -100.0% 2.5%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority RV Park Statistics - Year To Date March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
60,553 622 228,026
60,123 1,768 235,535
430 (1,146) (7,509)
0.7% -64.8% -3.2%
60,525 1,550 237,151
28 (928) (9,125)
0.0% -59.9% -3.8%
Total Occupied Rooms
289,201
297,426
(8,225)
-2.8%
299,226
(10,025)
-3.4%
Vacant
194,128
140,912
53,216
37.8%
175,686
18,442
10.5%
Total Available Rooms
483,329
438,338
44,991
10.3%
474,912
8,417
1.8%
Percentage of Occupancy Cash Comp 28 Day
12.5% 0.1% 47.2%
13.7% 0.4% 53.7%
(1.2) (0.3) (6.6)
-8.7% -68.1% -12.2%
12.7% 0.3% 49.9%
(0.2) (0.2) (2.8)
-1.7% -60.6% -5.5%
Total Occupancy Percentage
59.8%
67.9%
(8.0)
-11.8%
63.0%
(3.2)
-5.0%
Vacant
40.2%
32.1%
8.0
24.9%
37.0%
3.2
8.6%
100.0%
100.0%
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,940,983.70 $22,321.90 $2,945,757.79
$1,929,200.64 $57,959.00 $2,987,850.60
$11,783.06 $11,732.94 $224,712.24
0.6% 20.2% 7.5%
$1,876,969.52 $53,304.94 $3,056,395.68
$64,014.18 ($30,983.04) ($110,637.89)
3.4% -58.1% -3.6%
Total Revenue
$4,909,063.39
$4,975,010.24
($65,946.85)
-1.3%
$4,986,670.14
($77,606.75)
-1.6%
$32.05 $35.89 $12.92
$32.09 $32.78 $12.69
($0.03) $3.11 $0.23
-0.1% 9.5% 1.8%
$31.01 $34.39 $12.89
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
0.0
$1.04 $1.50 $0.03
3.4% 4.4% 0.2%
Reno Sparks Convention and Visitors Authority Vacation Rental Statistics - Year To Date March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
19,216 48,887
22,325 24,110
(3,109) 24,777
-13.9% 0.0% 102.8%
21,677 24,006
(2,461) 24,881
-11.4% 0.0% 103.6%
Total Occupied Rooms
68,103
46,435
21,668
46.7%
45,683
22,420
49.1%
Vacant
115,235
131,060
(15,825)
-12.1%
124,849
(9,614)
-7.7%
Total Available Rooms
183,338
177,495
5,843
3.3%
170,532
12,806
7.5%
Percentage of Occupancy Cash Comp 28 Day
10.5% 0.0% 26.7%
12.6% 0.0% 13.6%
(2.1) 13.1
-16.7% 0.0% 96.3%
12.7% 0.0% 14.1%
(2.2) 12.6
-17.5% 0.0% 89.4%
Total Occupancy Percentage
37.1%
26.2%
11.0
42.0%
26.8%
10.4
38.7%
Vacant
62.9%
73.8%
(11.0)
-14.9%
73.2%
(10.4)
-14.1%
100.0%
100.0%
0.0
0.0%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$6,031,657.31 $0.00 $2,378,559.46
$6,610,317.00 $0.00 $1,155,845.00
($578,659.69) $0.00 $1,222,714.46
-8.8% 0.0% 105.8%
$6,272,168.71 $0.00 $1,167,429.37
($240,511.40) $0.00 $1,211,130.09
-3.8% 0.0% 103.7%
Total Revenue
$8,410,216.77
$7,766,162.00
$644,054.77
8.3%
$7,439,598.08
$970,618.69
13.0%
$313.89 $0.00 $48.65
$296.09 $0.00 $47.94
$17.79 $0.00 $0.71
6.0% 0.0% 1.5%
$289.35 $0.00 $48.63
$24.54 $0.00 $0.02
8.5% 0.0% 0.0%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority Timeshare Statistics - Year To Date March 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
57,971 -
57,467 -
504 -
0.9% 0.0% 0.0%
57,894 -
77 -
0.1% 0.0% 0.0%
Total Occupied Rooms
57,971
57,467
504
0.9%
57,894
77
0.1%
Vacant
110,252
110,008
244
0.2%
104,869
5,383
5.1%
Total Available Rooms
168,223
167,475
748
0.4%
162,763
5,460
3.4%
Percentage of Occupancy Cash Comp 28 Day
34.5% 0.0% 0.0%
34.3% 0.0% 0.0%
0.2 -
0.6% 0.0% 0.0%
35.6% 0.0% 0.0%
(1.1) -
-3.1% 0.0% 0.0%
Total Occupancy Percentage
34.5%
34.3%
0.2
0.6%
35.6%
(1.1)
-3.1%
Vacant
65.5%
65.7%
(0.1)
-0.2%
64.4%
1.1
1.7%
100.0%
100.0%
0.1
0.1%
100.0%
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,623,744.20 $0.00 $0.00
$1,386,928.00 $0.00 $0.00
$236,816.20 $0.00 $0.00
17.1% 0.0% 0.0%
$1,660,454.84 $0.00 $0.00
($36,710.64) $0.00 $0.00
-2.2% 0.0% 0.0%
Total Revenue
$1,623,744.20
$1,386,928.00
$236,816.20
17.1%
$1,660,454.84
($36,710.64)
-2.2%
$28.01 $0.00 $0.00
$24.13 $0.00 $0.00
$3.88 $0.00 $0.00
16.1% 0.0% 0.0%
$28.68 $0.00 $0.00
($0.67) $0.00 $0.00
-2.3% 0.0% 0.0%
Total (must equal 100.0%)
Average Rates Cash Comp 28 Day
Reno Sparks Convention and Visitors Authority Taxable Revenue by District March 2008
Current Month Actual March 2008
Last Year Actual
Amount
Year To Date
March 2008 Increase (Decrease) Amount % Percent
Tax District
Last Year - Year To Date Actual
Actual March 2008
Amount
March 2008 Increase (Decrease) Amount % Percent
9,434,780 6,642,050 100,113
10,381,748 10,246,157 160,923
(946,968) (3,604,107) (60,810)
-9.1% -35.2% -37.8%
Reno B Reno D Reno E
95,512,753 74,476,446 1,352,771
89,835,504 77,879,397 1,900,837
5,677,249 (3,402,951) (548,066)
6.3% -4.4% -28.8%
16,176,943
20,788,828
(4,611,885)
-22.2%
Total Reno
171,341,970
169,615,738
1,726,232
15,999 2,096,093
24,393 2,202,436
(8,394) (106,343)
-34.4% -4.8%
Washoe A Washoe B
179,301 28,903,649
338,728 27,167,441
(159,427) 1,736,208
2,112,092
2,226,829
(114,737)
-5.2%
Total Washoe Co.
29,082,950
27,506,169
1,576,781
5.7%
2,567,647
3,360,842
(793,195)
-23.6%
Sparks
27,080,057
28,451,584
(1,371,527)
-4.8%
20,856,682
26,376,498
(5,519,817)
-20.9%
Total Taxable Revenue
227,504,977
225,573,492
1,931,486
0.9%
1.0%
-47.1% 6.4%