November 2008 Room Statistics Taxable room revenues for the month total $14,820,890 and are below prior year by $5,666,718 (-27.7%). Cash occupied room nights of 229,581 are below prior year by 57,554 (-20.0%). Comp occupied room nights of 68,205 are above prior year by 2,384 (3.6%), and 28-Day occupied room nights of 108,124 are below prior year by 13,214 (-10.9%). Total occupied rooms for the month (Cash,Comp, 28-day) of 405,910 are 68,384 (-14.4%) below the prior year. Overall, Washoe County occupancy percentages of 53.8% for the month are 16.3% below the 64.3% level of the prior year. There were 16,407 (2.2%) more available rooms for the month. Overall cash average rates for the month of $64.56 are down $6.79 (-9.5%), compared to $71.35 for the prior year. Year-to-date cash occupied room nights of 1,549,125 are 220,367 (-12.5%) below prior year. Cash average rates year-to-date of $78.15 are $3.72 (-4.5%) below prior year. Year-to-date, total taxable room revenues of $121,070,952 are $23,789,822 (-16.4%) below prior year.
Available Rooms
Total Occupied Rooms
Hotels
469,119
259,760
55.4%
68.2%
(12.8)
-18.8%
Motels
68,280
24,725
36.2%
46.5%
(10.3)
-22.2%
28 Day
127,680
86,153
67.5%
75.3%
(7.8)
-10.4%
RV Parks
52,140
25,967
49.8%
55.4%
(5.6)
-10.1%
Timeshares
18,113
3,615
20.0%
24.7%
(4.7)
-19.0%
Vacation Rentals
18,990
5,690
30.0%
26.6%
3.4
12.8%
Totals
754,322
405,910
53.8%
64.3%
(10.5)
-16.3%
Segments
Percentage of Occupancy Actual Last Year
CASH OCCUPIED ROOMS NIGHTS
Increase (Decrease) Amount % Percent
AVERAGE CASH RATES $500.00
350,000
$350.00
$200.90
$300.00 $250.00
0
Hotels
Motels
28 Day
Actual
RV Parks
Timeshares
Vacation Rentals
Last Year
$22.48
$22.59
$26.14
$23.57
$27.13
$55.95
$49.85
$50.00
$24.38
511
555
4,485
3,615
3,773
$100.00
3,418
14,499
10,186
20,695
50,000
28,663
$150.00
100,000
$77.17
$200.00
150,000
$274.92
$400.00
$69.42
200,000
191,112
250,000
235,204
$450.00
300,000
$0.00
Hotels
Motels
28 Day
RV Parks
Actual
Attached please find the detail statistics for each market segment. Contact: Tim D. Smith VP Finance tsmith@rscva.com 775-827-7637
Reno-Sparks Convention & Visitors Authority - P.O. Box 837 - Reno, Nevada 89504-0837
Timeshares
Last Year
Vacation Rentals
Reno-Sparks Convention and Visitors Authority Combined Room Statistics November 2008 Description
Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Taxable Room Revenues
$14,820,890
$18,413,375
($3,592,485)
-19.5%
$20,487,608
($5,666,718)
-27.7%
Occupied Rooms - Cash
229,581
261,375
(31,794)
-12.2%
287,135
(57,554)
-20.0%
$64.56
$70.45
($5.89)
-8.4%
$71.35
($6.79)
-9.5%
Occupied Rooms Cash Comp 28 Day
229,581 68,205 108,124
261,375 65,821 120,575
(31,794) 2,384 (12,451)
-12.2% 3.6% -10.3%
287,135 65,821 121,338
(57,554) 2,384 (13,214)
-20.0% 3.6% -10.9%
Total Occupied Rooms
405,910
447,771
(41,861)
-9.3%
474,294
(68,384)
-14.4%
Average Rate - Cash
Percentage of Occupancy Cash Comp 28 Day
30.4% 9.0% 14.3%
34.4% 8.7% 15.9%
(4.0) 0.3 (1.6)
-11.6% 3.4% -10.1%
38.9% 8.9% 16.4%
(8.5) 0.1 (2.1)
-21.9% 1.1% -12.8%
Total Percentage of Occupancy
53.8%
59.0%
(5.2)
-8.8%
64.3%
(10.5)
-16.3%
Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timehares
191,112 20,695 10,186 3,418 555 3,615
212,790 26,083 13,774 3,773 470 4,485
(21,678) (5,388) (3,588) (355) 85 (870)
-10.2% -20.7% -26.0% -9.4% 18.1% -19.4%
235,204 28,663 14,499 3,773 511 4,485
(44,092) (7,968) (4,313) (355) 44 (870)
-18.7% -27.8% -29.7% -9.4% 8.6% -19.4%
Total Occupied - Cash
229,581
261,375
(31,794)
-12.2%
287,135
(57,554)
-20.0%
Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
40.7% 30.3% 8.0% 6.6% 2.9% 20.0%
45.2% 38.2% 10.5% 7.2% 2.5% 24.5%
(4.5) (7.9) (2.5) (0.6) 0.4 (4.5)
-10.0% -20.7% -23.8% -8.3% 16.0% -18.4%
53.2% 41.6% 10.7% 7.2% 2.4% 24.7%
(12.5) (11.3) (2.7) (0.6) 0.5 (4.7)
-23.5% -27.2% -25.2% -8.3% 20.8% -19.0%
Total Occupancy Percentage - Cash
30.4%
34.4%
(4.0)
-11.6%
38.9%
(8.5)
-21.9%
Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares Total Cash Average Rate
$69.42 $49.85 $24.38 $23.57 $200.90 $22.59
$75.81 $60.87 $25.99 $27.19 $289.94 $21.58
($6.39) ($11.02) ($1.61) ($3.62) ($89.04) $1.01
-8.4% -18.1% -6.2% -13.3% -30.7% 4.7%
$77.17 $55.95 $27.13 $26.14 $274.92 $22.48
($7.75) ($6.10) ($2.75) ($2.57) ($74.02) $0.11
-10.0% -10.9% -10.1% -9.8% -26.9% 0.5%
$64.56
$70.45
($5.89)
-8.4%
$71.35
($6.79)
-9.5%
Reno-Sparks Convention and Visitors Authority Combined Room Statistics
.
November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
229,581 68,205 108,124
261,375 65,821 120,575
(31,794) 2,384 (12,451)
-12.2% 3.6% -10.3%
287,135 65,821 121,338
(57,554) 2,384 (13,214)
-20.0% 3.6% -10.9%
Total Occupied Rooms
405,910
447,771
(41,861)
-9.3%
474,294
(68,384)
-14.4%
Vacant
348,412
311,679
36,733
11.8%
263,621
84,791
32.2%
Total Available Rooms
754,322
759,450
(5,128)
-0.7%
737,915
16,407
2.2%
Percentage of Occupancy Cash Comp 28 Day
30.4% 9.0% 14.3%
34.4% 8.7% 15.9%
(4.0) 0.3 (1.6)
-11.6% 3.4% -10.1%
38.9% 8.9% 16.4%
(8.5) 0.1 (2.1)
-21.9% 1.1% -12.8%
Total Occupancy Percentage
53.8%
59.0%
(5.2)
-8.8%
64.3%
(10.5)
-16.3%
Vacant
46.2%
41.0%
5.2
12.7%
35.7%
10.5
29.4%
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
$14,820,890 $4,308,599 $2,221,987
$18,413,375 $4,199,214 $2,588,869
($3,592,485) $109,385 ($366,882)
-19.5% 2.6% -14.2%
$20,487,608 $4,199,214 $2,601,220
($5,666,718) $109,385 ($379,233)
-27.7% 2.6% -14.6%
Total Revenue
$21,351,476
$25,201,458
($3,849,982)
-15.3%
$27,288,042
($5,936,566)
-21.8%
($5.89) ($0.63) ($0.92)
-8.4% -1.0% -4.3%
($6.79) ($0.63) ($0.89)
-9.5% -1.0% -4.2%
Average Rates Cash Comp 28 Day
$64.56 $63.17 $20.55
$70.45 $63.80 $21.47
$71.35 $63.80 $21.44
Reno-Sparks Convention and Visitors Authority Hotel Statistics November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
191,112 68,047 601
212,790 65,586 813
(21,678) 2,461 (212)
-10.2% 3.8% -26.1%
235,204 65,586 813
(44,092) 2,461 (212)
-18.7% 3.8% -26.1%
Total Occupied Rooms
259,760
279,189
(19,429)
-7.0%
301,603
(41,843)
-13.9%
Vacant
209,359
191,421
17,938
9.4%
140,803
68,556
48.7%
Total Available Rooms
469,119
470,610
(1,491)
-0.3%
442,406
26,713
6.0%
Percentage of Occupancy Cash Comp 28 Day
40.7% 14.5% 0.1%
45.2% 13.9% 0.2%
(4.5) 0.6 (0.1)
-10.0% 4.3% -50.0%
53.2% 14.8% 0.2%
(12.5) (0.3) (0.1)
-23.5% -2.0% -50.0%
Total Occupancy Percentage
55.4%
59.3%
(3.9)
-6.6%
68.2%
(12.8)
-18.8%
Vacant
44.6%
40.7%
3.9
9.6%
31.8%
12.8
40.3%
100.0%
100.0%
-
0.0%
100.0%
-
0.0%
Total (must equal 100.0%) Revenue Cash - Taxable Comp 28 Day
$13,267,234 $4,301,973 $35,234
$16,132,054 $4,187,503 $37,368
($2,864,820) $114,470 ($2,134)
-17.8% 2.7% -5.7%
$18,150,546 $4,187,503 $37,368
($4,883,312) $114,470 ($2,134)
-26.9% 2.7% -5.7%
Total Revenue
$17,604,441
$20,356,925
($2,752,484)
-13.5%
$22,375,417
($4,770,976)
-21.3%
$69.42 $63.22 $58.63
$75.81 $63.85 $45.96
($6.39) ($0.63) $12.67
-8.4% -1.0% 27.6%
$77.17 $63.85 $45.96
($7.75) ($0.63) $12.67
-10.0% -1.0% 27.6%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Motel Statistics November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
20,695 108 3,922
26,083 149 3,185
(5,388) (41) 737
-20.7% -27.5% 23.1%
28,663 149 3,203
(7,968) (41) 719
-27.8% -27.5% 22.4%
Total Occupied Rooms
24,725
29,417
(4,692)
-15.9%
32,015
(7,290)
-22.8%
Vacant
43,555
38,863
4,692
12.1%
36,835
6,720
18.2%
Total Available Rooms
68,280
68,280
-
0.0%
68,850
(570)
-0.8%
Percentage of Occupancy Cash Comp 28 Day
30.3% 0.2% 5.7%
38.2% 0.2% 4.7%
(7.9) 1.0
-20.7% 0.0% 21.3%
41.6% 0.2% 4.7%
(11.3) 1.0
-27.2% 0.0% 21.3%
Total Occupancy Percentage
36.2%
43.1%
(6.9)
-16.0%
46.5%
(10.3)
-22.2%
Vacant
63.8%
56.9%
6.9
12.1%
53.5%
10.3
19.3%
100.0%
100.0%
0.0%
100.0%
-
0.0%
Total (must equal 100.0%)
-
Revenue Cash - Taxable Comp 28 Day
$1,031,620 $5,422 $152,527
$1,587,709 $9,144 $143,165
($556,089) ($3,722) $9,362
-35.0% -40.7% 6.5%
$1,603,747 $9,144 $143,165
($572,127) ($3,722) $9,362
-35.7% -40.7% 6.5%
Total Revenue
$1,189,569
$1,740,018
($550,449)
-31.6%
$1,756,056
($566,487)
-32.3%
$49.85 $50.20 $38.89
$60.87 $61.37 $44.95
($11.02) ($11.17) ($6.06)
-18.1% -18.2% -13.5%
$55.95 $61.37 $44.70
($6.10) ($11.17) ($5.81)
-10.9% -18.2% -13.0%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority 28 Day Motel Statistics November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
10,186 75,967
13,774 86,325
(3,588) (10,358)
-26.0% 0.0% -12.0%
14,499 87,070
(4,313) (11,103)
-29.7% 0.0% -12.8%
Total Occupied Rooms
86,153
100,099
(13,946)
-13.9%
101,569
(15,416)
-15.2%
Vacant
41,527
31,091
10,436
33.6%
33,311
8,216
24.7%
127,680
131,190
(3,510)
-2.7%
134,880
(7,200)
-5.3%
Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
8.0% 0.0% 59.5%
10.5% 0.0% 65.8%
(2.5) (6.3)
-23.8% 0.0% -9.6%
10.7% 0.0% 64.6%
(2.7) (5.1)
-25.2% 0.0% -7.9%
Total Occupancy Percentage
67.5%
76.3%
(8.8)
-11.5%
75.3%
(7.8)
-10.4%
Vacant
32.5%
23.7%
8.8
37.1%
24.7%
7.8
31.6%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$248,312 $0 $1,492,738
$357,953 $0 $1,837,229
($109,641) $0 ($344,491)
-30.6% 0.0% -18.8%
$393,355 $0 $1,849,580
($145,043) $0 ($356,842)
-36.9% 0.0% -19.3%
Total Revenue
$1,741,050
$2,195,182
($454,132)
-20.7%
$2,242,935
($501,885)
-22.4%
$24.38 $0.00 $19.65
$25.99 $0.00 $21.28
($1.61) $0.00 ($1.63)
-6.2% 0.0% -7.7%
$27.13 $0.00 $21.24
($2.75) $0.00 ($1.59)
-10.1% 0.0% -7.5%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority RV Park Statistics November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
3,418 50 22,499
3,773 86 25,089
(355) (36) (2,590)
-9.4% -41.9% -10.3%
3,773 86 25,089
(355) (36) (2,590)
-9.4% -41.9% -10.3%
Total Occupied Rooms
25,967
28,948
(2,981)
-10.3%
28,948
(2,981)
-10.3%
Vacant
26,173
23,192
2,981
12.9%
23,312
2,861
12.3%
Total Available Rooms
52,140
52,140
-
0.0%
52,260
(120)
-0.2%
Percentage of Occupancy Cash Comp 28 Day
6.6% 0.1% 43.2%
7.2% 0.2% 48.1%
(0.6) (0.1) (4.9)
-8.3% -50.0% -10.2%
7.2% 0.2% 48.0%
(0.6) (0.1) (4.8)
-8.3% -50.0% -10.0%
Total Occupancy Percentage
49.8%
55.5%
(5.7)
-10.3%
55.4%
(5.6)
-10.1%
Vacant
50.2%
44.5%
5.7
12.8%
44.6%
5.6
12.6%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$80,564 $1,204 $298,303
$102,591 $2,567 $336,271
($22,027) ($1,363) ($37,968)
-21.5% -53.1% -11.3%
$98,645 $2,567 $336,271
($18,081) ($1,363) ($37,968)
-18.3% -53.1% -11.3%
Total Revenue
$380,071
$441,429
($61,358)
-13.9%
$437,483
($57,412)
-13.1%
$23.57 $24.08 $13.26
$27.19 $29.85 $13.40
($3.62) ($5.77) ($0.14)
-13.3% -19.3% -1.0%
$26.14 $29.85 $13.40
($2.57) ($5.77) ($0.14)
-9.8% -19.3% -1.0%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Vacation Rental Statistics November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
555 5,135
470 5,163
85 (28)
18.1% 0.0% -0.5%
511 5,163
44 (28)
8.6% 0.0% -0.5%
Total Occupied Rooms
5,690
5,633
57
1.0%
5,674
16
0.3%
Vacant
13,300
13,327
(27)
-0.2%
15,656
(2,356)
-15.0%
Total Available Rooms
18,990
18,960
30
0.2%
21,330
(2,340)
-11.0%
Percentage of Occupancy Cash Comp 28 Day
2.9% 0.0% 27.0%
2.5% 0.0% 27.2%
0.4 (0.2)
16.0% 0.0% -0.7%
2.4% 0.0% 24.2%
0.5 2.8
20.8% 0.0% 11.6%
Total Occupancy Percentage
30.0%
29.7%
0.3
1.0%
26.6%
3.4
12.8%
Vacant
70.0%
70.3%
(0.3)
-0.4%
73.4%
(3.4)
-4.6%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$111,498 $0 $243,185
$136,271 $0 $234,836
($24,773) $0 $8,349
-18.2% 0.0% 3.6%
$140,485 $0 $234,836
($28,987) $0 $8,349
-20.6% 0.0% 3.6%
Total Revenue
$354,683
$371,107
($16,424)
-4.4%
$375,321
($20,638)
-5.5%
Average Rates Cash Comp 28 Day
$200.90 $0.00 $47.36
$289.94 $0.00 $45.48
($89.04) $0.00 $1.88
-30.7% 0.0% 4.1%
$274.92 $0.00 $45.48
($74.02) $0.00 $1.88
-26.9% 0.0% 4.1%
Reno-Sparks Convention and Visitors Authority Timeshare Statistics November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
3,615 -
4,485 -
(870) -
-19.4% 0.0% 0.0%
4,485 -
(870) -
-19.4% 0.0% 0.0%
Total Occupied Rooms
3,615
4,485
(870)
-19.4%
4,485
(870)
-19.4%
Vacant
14,498
13,785
713
5.2%
13,704
794
5.8%
Total Available Rooms
18,113
18,270
(157)
-0.9%
18,189
(76)
-0.4%
Percentage of Occupancy Cash Comp 28 Day
20.0% 0.0% 0.0%
24.5% 0.0% 0.0%
(4.5) -
-18.4% 0.0% 0.0%
24.7% 0.0% 0.0%
(4.7) -
-19.0% 0.0% 0.0%
Total Occupancy Percentage
20.0%
24.5%
(4.5)
-18.4%
24.7%
(4.7)
-19.0%
Vacant
80.0%
75.5%
4.5
6.0%
75.3%
4.7
6.2%
100.0%
100.0%
-
0.0%
100.0%
-
0.0%
Total (must equal 100.0%) Revenue Cash - Taxable Comp 28 Day
$81,662 $0 $0
$96,797 $0 $0
($15,135) $0 $0
-15.6% 0.0% 0.0%
$100,830 $0 $0
($19,168) $0 $0
-19.0% 0.0% 0.0%
Total Revenue
$81,662
$96,797
($15,135)
-15.6%
$100,830
($19,168)
-19.0%
Average Rates Cash Comp 28 Day
$22.59 $0.00 $0.00
$21.58 $0.00 $0.00
4.7% 0.0% 0.0%
$22.48 $0.00 $0.00
$1.01 $0.00 $0.00
$0.11 $0.00 $0.00
0.5% 0.0% 0.0%
Reno-Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date November 2008 Description
Actual
Budget
Increase (Decrease) Amount % Percent
Taxable Room Revenues
$121,070,952
$144,395,671
($23,324,719)
-16.2%
$144,860,774
($23,789,822)
-16.4%
Occupied Rooms - Cash
1,549,125
1,721,037
(171,912)
-10.0%
1,769,492
(220,367)
-12.5%
$78.15
$83.90
($5.75)
-6.9%
$81.87
($3.72)
-4.5%
Occupied Rooms Cash Comp 28 Day
1,549,125 376,164 566,714
1,721,037 356,942 641,620
(171,912) 19,222 (74,906)
-10.0% 5.4% -11.7%
1,769,492 356,942 642,510
(220,367) 19,222 (75,796)
-12.5% 5.4% -11.8%
Total Occupied Rooms
2,492,003
2,719,599
(227,596)
-8.4%
2,768,944
(276,941)
-10.0%
Average Rate - Cash
Last Year
Increase (Decrease) Amount % Percent
Percentage of Occupancy Cash Comp 28 Day
40.2% 9.8% 14.7%
44.5% 9.2% 16.6%
(4.3) 0.6 (1.9)
-9.7% 6.5% -11.4%
46.7% 9.4% 16.9%
(6.5) 0.4 (2.2)
-13.9% 4.3% -13.0%
Total Percentage of Occupancy
64.7%
70.3%
(5.6)
-8.0%
73.0%
(8.3)
-11.4%
Market Segments Occupied Rooms - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
1,251,206 149,844 70,617 37,794 11,951 27,713
1,369,519 169,704 86,036 48,941 11,749 35,088
(118,313) (19,860) (15,419) (11,147) 202 (7,375)
-8.6% -11.7% -17.9% -22.8% 1.7% -21.0%
1,395,640 186,488 90,564 48,941 12,771 35,088
(144,434) (36,644) (19,947) (11,147) (820) (7,375)
-10.3% -19.6% -22.0% -22.8% -6.4% -21.0%
Total Occupied - Cash
1,549,125
1,721,037
(171,912)
-10.0%
1,769,492
(220,367)
-12.5%
Percentage of Occupancy - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rentals Timeshares
52.8% 43.0% 10.6% 14.0% 12.3% 29.3%
57.1% 48.7% 12.9% 18.4% 12.2% 37.7%
(4.3) (5.7) (2.3) (4.4) 0.1 (8.4)
-7.5% -11.7% -17.8% -23.9% 0.8% -22.3%
62.1% 52.9% 12.5% 18.0% 12.3% 37.5%
(9.3) (9.9) (1.9) (4.0) 0.0 (8.2)
-15.0% -18.7% -15.2% -22.2% 0.0% -21.9%
Total Occupancy Percentage - Cash
40.2%
44.5%
(4.3)
-9.7%
46.7%
(6.5)
-13.9%
Average Rates - Cash Hotels Motels 28 Day Motels R.V. Parks Vacation Rental Timeshares Total Cash Average Rate
$83.73 $59.91 $28.51 $35.99 $273.13 $24.77
$90.44 $70.13 $28.23 $35.59 $309.21 $23.75
($6.71) ($10.22) $0.28 $0.40 ($36.08) $1.02
-7.4% -14.6% 1.0% 1.1% -11.7% 4.3%
$88.76 $64.46 $29.47 $34.22 $293.26 $24.74
($5.03) ($4.55) ($0.96) $1.77 ($20.13) $0.03
-5.7% -7.1% -3.3% 5.2% -6.9% 0.1%
$78.15
$83.90
($5.75)
-6.9%
$81.87
($3.72)
-4.5%
Reno-Sparks Convention and Visitors Authority Combined Room Statistics - Year To Date
.
November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
1,549,125 376,164 566,714
1,721,037 356,942 641,620
(171,912) 19,222 (74,906)
-10.0% 5.4% -11.7%
1,769,492 356,942 642,510
(220,367) 19,222 (75,796)
-12.5% 5.4% -11.8%
Total Occupied Rooms
2,492,003
2,719,599
(227,596)
-8.4%
2,768,944
(276,941)
-10.0%
Vacant
1,358,095
1,150,589
207,506
18.0%
1,022,880
335,215
32.8%
Total Available Rooms
3,850,098
3,870,188
(20,090)
-0.5%
3,791,824
58,274
1.5%
Percentage of Occupancy Cash Comp 28 Day
40.2% 9.8% 14.7%
44.5% 9.2% 16.6%
(4.3) 0.6 (1.9)
-9.7% 6.5% -11.4%
46.7% 9.4% 16.9%
(6.5) 0.4 (2.2)
-13.9% 4.3% -13.0%
Total Occupancy Percentage
64.7%
70.3%
(5.6)
-8.0%
73.0%
(8.3)
-11.4%
Vacant
35.3%
29.7%
5.6
18.9%
27.0%
8.3
30.7%
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
$121,070,952 $27,839,362 $11,812,050
$144,395,671 $25,534,176 $13,168,531
($23,324,719) $2,305,186 ($1,356,481)
-16.2% 9.0% -10.3%
$144,860,774 $25,534,177 $13,224,763
($23,789,822) $2,305,185 ($1,412,713)
-16.4% 9.0% -10.7%
Total Revenue
$160,722,364
$183,098,378
($22,376,014)
-12.2%
$183,619,714
($22,897,350)
-12.5%
($5.75) $2.47 $0.32
-6.9% 3.5% 1.6%
($3.72) $2.47 $0.26
-4.5% 3.5% 1.3%
Average Rates Cash Comp 28 Day
$78.15 $74.01 $20.84
$83.90 $71.54 $20.52
$81.87 $71.54 $20.58
Reno-Sparks Convention and Visitors Authority Hotel Statistics - Year To Date November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
1,251,206 374,894 3,407
1,369,519 355,855 4,111
(118,313) 19,039 (704)
-8.6% 5.4% -17.1%
1,395,640 355,855 4,111
(144,434) 19,039 (704)
-10.3% 5.4% -17.1%
Total Occupied Rooms
1,629,507
1,729,485
(99,978)
-5.8%
1,755,606
(126,099)
-7.2%
742,155
667,619
74,536
11.2%
492,344
249,811
50.7%
2,371,662
2,397,104
(25,442)
-1.1%
2,247,950
123,712
5.5%
Vacant Total Available Rooms Percentage of Occupancy Cash Comp 28 Day
52.8% 15.8% 0.1%
57.1% 14.8% 0.2%
(4.3) 1.0 (0.1)
-7.5% 6.8% -50.0%
62.1% 15.8% 0.2%
(9.3) (0.1)
-15.0% 0.0% -50.0%
Total Occupancy Percentage
68.7%
72.1%
(3.4)
-4.7%
78.1%
(9.4)
-12.0%
Vacant
31.3%
27.9%
3.4
12.2%
21.9%
9.4
42.9%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$104,769,714 $27,780,291 $192,151
$123,857,830 $25,478,288 $208,388
($19,088,116) $2,302,003 ($16,237)
-15.4% 9.0% -7.8%
$123,882,438 $25,478,289 $245,571
($19,112,724) $2,302,002 ($53,420)
-15.4% 9.0% -21.8%
Total Revenue
$132,742,156
$149,544,506
($16,802,350)
-11.2%
$149,606,298
($16,864,142)
-11.3%
$83.73 $74.10 $56.40
$90.44 $71.60 $50.69
($6.71) $2.50 $5.71
-7.4% 3.5% 11.3%
$88.76 $71.60 $59.74
($5.03) $2.50 ($3.34)
-5.7% 3.5% -5.6%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Motel Statistics - Year To Date November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
149,844 732 17,429
169,704 604 15,913
(19,860) 128 1,516
-11.7% 21.2% 9.5%
186,488 604 15,931
(36,644) 128 1,498
-19.6% 21.2% 9.4%
Total Occupied Rooms
168,005
186,221
(18,216)
-9.8%
203,023
(35,018)
-17.2%
Vacant
180,223
162,007
18,216
11.2%
149,530
30,693
20.5%
Total Available Rooms
348,228
348,228
-
0.0%
352,553
(4,325)
-1.2%
Percentage of Occupancy Cash Comp 28 Day
43.0% 0.2% 5.0%
48.7% 0.2% 4.6%
(5.7) 0.4
-11.7% 0.0% 8.7%
52.9% 0.2% 4.5%
(9.9) 0.5
-18.7% 0.0% 11.1%
Total Occupancy Percentage
48.2%
53.5%
(5.3)
-9.9%
57.6%
(9.4)
-16.3%
Vacant
51.8%
46.5%
5.3
11.4%
42.4%
9.4
22.2%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$8,977,082 $38,352 $628,646
$11,901,142 $37,594 $525,517
($2,924,060) $758 $103,129
-24.6% 2.0% 19.6%
$12,021,356 $37,594 $525,516
($3,044,274) $758 $103,130
-25.3% 2.0% 19.6%
Total Revenue
$9,644,080
$12,464,253
($2,820,173)
-22.6%
$12,584,466
($2,940,386)
-23.4%
$59.91 $52.39 $36.07
$70.13 $62.24 $33.02
($10.22) ($9.85) $3.05
-14.6% -15.8% 9.2%
$64.46 $62.24 $32.99
($4.55) ($9.85) $3.08
-7.1% -15.8% 9.3%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority 28 Day Motel Statistics - Year To Date November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
70,617 395,666
86,036 464,214
(15,419) (68,548)
-17.9% 0.0% -14.8%
90,564 465,086
(19,947) (69,420)
-22.0% 0.0% -14.9%
Total Occupied Rooms
466,283
550,250
(83,967)
-15.3%
555,650
(89,367)
-16.1%
Vacant
201,658
118,819
82,839
69.7%
166,559
35,099
21.1%
Total Available Rooms
667,941
669,069
(1,128)
-0.2%
722,209
(54,268)
-7.5%
Percentage of Occupancy Cash Comp 28 Day
10.6% 0.0% 59.2%
12.9% 0.0% 69.4%
(2.3) (10.2)
-17.8% 0.0% -14.7%
12.5% 0.0% 64.4%
(1.9) (5.2)
-15.2% 0.0% -8.1%
Total Occupancy Percentage
69.8%
82.2%
(12.4)
-15.1%
76.9%
(7.1)
-9.2%
Vacant
30.2%
17.8%
12.4
69.7%
23.1%
7.1
30.7%
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%
$2,013,303 $0 $8,004,123
$2,428,605 $0 $9,445,721
($415,302) $0 ($1,441,598)
-17.1% 0.0% -15.3%
$2,668,797 $0 $9,464,772
($655,494) $0 ($1,460,649)
-24.6% 0.0% -15.4%
$10,017,426
$11,874,326
($1,856,900)
-15.6%
$12,133,569
($2,116,143)
-17.4%
$28.51 $0.00 $20.23
$28.23 $0.00 $20.35
$0.28 $0.00 ($0.12)
1.0% 0.0% -0.6%
$29.47 $0.00 $20.35
($0.96) $0.00 ($0.12)
-3.3% 0.0% -0.6%
Reno-Sparks Convention and Visitors Authority RV Park Statistics - Year To Date November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
37,794 538 123,302
48,941 483 131,085
(11,147) 55 (7,783)
-22.8% 11.4% -5.9%
48,941 483 131,085
(11,147) 55 (7,783)
-22.8% 11.4% -5.9%
Total Occupied Rooms
161,634
180,509
(18,875)
-10.5%
180,509
(18,875)
-10.5%
Vacant
109,260
85,405
23,855
27.9%
90,784
18,476
20.4%
Total Available Rooms
270,894
265,914
4,980
1.9%
271,293
(399)
-0.1%
Percentage of Occupancy Cash Comp 28 Day
14.0% 0.2% 45.5%
18.4% 0.2% 49.3%
(4.4) (3.8)
-23.9% 0.0% -7.7%
18.0% 0.2% 48.3%
(4.0) (2.8)
-22.2% 0.0% -5.8%
Total Occupancy Percentage
59.7%
67.9%
(8.2)
-12.1%
66.5%
(6.8)
-10.2%
Vacant
40.3%
32.1%
8.2
25.5%
33.5%
6.8
20.3%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$1,360,107 $20,719 $1,637,272
$1,741,835 $18,294 $1,681,263
($381,728) $2,425 ($43,991)
-21.9% 13.3% -2.6%
$1,674,842 $18,294 $1,681,263
($314,735) $2,425 ($43,991)
-18.8% 13.3% -2.6%
Total Revenue
$3,018,098
$3,441,392
($423,294)
-12.3%
$3,374,399
($356,301)
-10.6%
$35.99 $38.51 $13.28
$35.59 $37.88 $12.83
1.1% 1.7% 3.5%
$34.22 $37.88 $12.83
Average Rates Cash Comp 28 Day
$0.40 $0.63 $0.45
$1.77 $0.63 $0.45
5.2% 1.7% 3.5%
Reno-Sparks Convention and Visitors Authority Vacation Rental Statistics - Year To Date November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
11,951 26,910
11,749 26,297
202 613
1.7% 0.0% 2.3%
12,771 26,297
(820) 613
-6.4% 0.0% 2.3%
Total Occupied Rooms
38,861
38,046
815
2.1%
39,068
(207)
-0.5%
Vacant
57,993
58,650
(657)
-1.1%
65,174
(7,181)
-11.0%
Total Available Rooms
96,854
96,696
158
0.2%
104,242
(7,388)
-7.1%
Percentage of Occupancy Cash Comp 28 Day
12.3% 0.0% 27.8%
12.2% 0.0% 27.2%
0.1 0.6
0.8% 0.0% 2.2%
12.3% 0.0% 25.2%
2.6
0.0% 0.0% 10.3%
Total Occupancy Percentage
40.1%
39.3%
0.8
2.0%
37.5%
2.6
6.9%
Vacant
59.9%
60.7%
(0.8)
-1.3%
62.5%
(2.6)
-4.2%
100.0%
100.0%
0.0%
100.0%
Total (must equal 100.0%)
-
-
0.0%
Revenue Cash - Taxable Comp 28 Day
$3,264,191 $0 $1,349,858
$3,632,900 $0 $1,307,642
($368,709) $0 $42,216
-10.1% 0.0% 3.2%
$3,745,258 $0 $1,307,641
($481,067) $0 $42,217
-12.8% 0.0% 3.2%
Total Revenue
$4,614,049
$4,940,542
($326,493)
-6.6%
$5,052,899
($438,850)
-8.7%
$273.13 $0.00 $50.16
$309.21 $0.00 $49.73
($36.08) $0.00 $0.43
-11.7% 0.0% 0.9%
$293.26 $0.00 $49.73
($20.13) $0.00 $0.43
-6.9% 0.0% 0.9%
Average Rates Cash Comp 28 Day
Reno-Sparks Convention and Visitors Authority Timeshare Statistics - Year To Date November 2008 Actual
Increase (Decrease) Amount % Percent
Budget
Last Year
Increase (Decrease) Amount % Percent
Occupied Rooms Cash Comp 28 Day
27,713 -
35,088 -
(7,375) -
-21.0% 0.0% 0.0%
35,088 -
(7,375) -
-21.0% 0.0% 0.0%
Total Occupied Rooms
27,713
35,088
(7,375)
-21.0%
35,088
(7,375)
-21.0%
Vacant
66,806
58,089
8,717
15.0%
58,489
8,317
14.2%
Total Available Rooms
94,519
93,177
1,342
1.4%
93,577
942
1.0%
Percentage of Occupancy Cash Comp 28 Day
29.3% 0.0% 0.0%
37.7% 0.0% 0.0%
(8.4) -
-22.3% 0.0% 0.0%
37.5% 0.0% 0.0%
(8.2) -
-21.9% 0.0% 0.0%
Total Occupancy Percentage
29.3%
37.7%
(8.4)
-22.3%
37.5%
(8.2)
-21.9%
Vacant
70.7%
62.3%
8.3
13.4%
62.5%
8.2
13.1%
100.0%
100.0%
-0.1
-0.1%
100.0%
Total (must equal 100.0%)
0.0
0.0%
Revenue Cash - Taxable Comp 28 Day
$686,555 $0 $0
$833,359 $0 $0
($146,804) $0 $0
-17.6% 0.0% 0.0%
$868,083 $0 $0
($181,528) $0 $0
-20.9% 0.0% 0.0%
Total Revenue
$686,555
$833,359
($146,804)
-17.6%
$868,083
($181,528)
-20.9%
$24.77 $0.00 $0.00
$23.75 $0.00 $0.00
4.3% 0.0% 0.0%
$24.74 $0.00 $0.00
Average Rates Cash Comp 28 Day
$1.02 $0.00 $0.00
$0.03 $0.00 $0.00
0.1% 0.0% 0.0%
Reno Sparks Convention and Visitors Authority Taxable Revenue by District November 2008
Current Month Actual November 2008
Last Year Actual
Amount
Year To Date
November 2007 Increase (Decrease) Amount % Percent
Tax District
Actual November 2008
Last Year - Year To Date Actual
Amount
November 2007 Increase (Decrease) Amount % Percent
7,535,116 4,432,088 69,605
9,332,590 7,214,981 112,893
(1,797,474) (2,782,893) (43,288)
-19.3% -38.6% -38.3%
Reno B Reno D Reno E
54,001,521 35,964,547 631,208
59,254,681 48,767,891 903,895
(5,253,160) (12,803,344) (272,687)
-8.9% -26.3% -30.2%
12,036,809
16,660,464
(4,623,655)
-27.8%
Total Reno
90,597,276
108,926,467
(18,329,191)
-16.8%
17,000 950,209
12,258 1,350,379
4,742 (400,169)
38.7% -29.6%
Washoe A Washoe B
127,726 16,772,002
131,719 18,820,247
(3,993) (2,048,245)
-3.0% -10.9%
967,209
1,362,637
(395,428)
-29.0%
Total Washoe Co.
16,899,728
18,951,966
(2,052,238)
-10.8%
1,816,872
2,464,507
(647,635)
-26.3%
Sparks
13,573,948
16,982,341
(3,408,393)
-20.1%
14,820,890
20,487,608
(5,666,718)
-27.7%
Total Taxable Revenue
121,070,952
144,860,774
(23,789,822)
-16.4%