Room_Tax_and_Occupancy_Statistics_March_2008

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%