Room_Tax_and_Occupancy_Statistics_September_2008

September 2008 Room Statistics Taxable room revenues for the month total $27,123,606 and are below prior year by $6,008,083 (-18.1%). Cash occupied room nights of 334,129 are below prior year by 45,932 (-12.1%). Comp occupied room nights of 70,040 are below prior year by 1,521 (-2.1%), and 28-Day occupied room nights of 105,115 are below prior year by 20,818 (-16.5%). Total occupied rooms for the month (Cash,Comp, 28-day) of 509,284 are 68,271 (-11.8%) below the prior year.

Overall, Washoe County occupancy percentages of 66.8% for the month are 13.2% below the 77.0% level of the prior year. There were 12,239 (1.6%) more available rooms for the month.

Overall cash average rates for the month of $81.18 are down $5.99 (-6.9%), compared to $87.17 for the prior year.

Year-to-date cash occupied room nights of 1,009,991 are 127,876 (-11.2%) below prior year. Cash average rates year-to-date of $82.75 are $4.39 (-5.0%) below prior year. Year-to-date, total taxable room revenues of $83,572,902 are $15,581,895 (-15.7%) below prior year.

Available Rooms

Total Occupied Rooms

Hotels

475,053

340,125

71.6%

82.9%

(11.3)

-13.6%

Motels

68,280

35,093

51.4%

63.0%

(11.6)

-18.4%

28 Day

130,410

91,855

70.4%

78.2%

(7.8)

-10.0%

RV Parks

50,880

29,783

58.5%

73.9%

(15.4)

-20.8%

Timeshares

18,394

5,859

31.9%

36.5%

(4.6)

-12.6%

Vacation Rentals

18,990

6,569

34.6%

33.0%

1.6

Totals

762,007

509,284

66.8%

77.0%

(10.2)

Segments

Percentage of Occupancy Actual Last Year

CASH OCCUPIED ROOMS NIGHTS

4.8% -13.2%

AVERAGE CASH RATES

295,121

$500.00 $450.00 $400.00

250,000

$257.79

$350.00 $300.00

200,000

$250.00

150,000

$246.34

300,000

269,529

350,000

Increase (Decrease) Amount % Percent

0

$29.57

$23.61

$37.32

$30.89

$32.53

$50.00

$29.19

$72.20

$96.33

$88.16

$64.80

1,724

$100.00

1,246

6,721

5,859

16,609

10,931

19,105

50,000

$150.00

14,677

31,887

100,000

40,781

$200.00

$0.00

Hotels

Motels

28 Day Actual

RV Parks

Timeshares

Vacation Rentals Last Year

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

Vacation Rentals

Last Year

Reno Sparks Convention and Visitors Authority Combined Room Statistics September 2008 Description

Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Taxable Room Revenues

$27,123,606

$34,606,048

($7,482,442)

-21.6%

$33,131,689

($6,008,083)

-18.1%

Occupied Rooms - Cash

334,129

384,227

(50,098)

-13.0%

380,061

(45,932)

-12.1%

$81.18

$90.07

($8.89)

-9.9%

$87.17

($5.99)

-6.9%

Occupied Rooms Cash Comp 28 Day

334,129 70,040 105,115

384,227 71,561 125,933

(50,098) (1,521) (20,818)

-13.0% -2.1% -16.5%

380,061 71,561 125,933

(45,932) (1,521) (20,818)

-12.1% -2.1% -16.5%

Total Occupied Rooms

509,284

581,721

(72,437)

-12.5%

577,555

(68,271)

-11.8%

Average Rate - Cash

Percentage of Occupancy Cash Comp 28 Day

43.8% 9.2% 13.8%

50.6% 9.4% 16.6%

(6.8) (0.2) (2.8)

-13.4% -2.1% -16.9%

50.7% 9.5% 16.8%

(6.9) (0.3) (3.0)

-13.6% -3.2% -17.9%

Total Percentage of Occupancy

66.8%

76.6%

(9.8)

-12.8%

77.0%

(10.2)

-13.2%

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

269,529 31,887 14,677 10,931 1,246 5,859

304,050 37,111 18,150 16,609 1,586 6,721

(34,521) (5,224) (3,473) (5,678) (340) (862)

-11.4% -14.1% -19.1% -34.2% -21.4% -12.8%

295,121 40,781 19,105 16,609 1,724 6,721

(25,592) (8,894) (4,428) (5,678) (478) (862)

-8.7% -21.8% -23.2% -34.2% -27.7% -12.8%

Total Occupied - Cash

334,129

384,227

(50,098)

-13.0%

380,061

(45,932)

-12.1%

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

56.7% 46.7% 11.3% 21.5% 6.6% 31.9%

64.6% 54.4% 13.8% 31.9% 8.4% 36.8%

(7.9) (7.7) (2.5) (10.4) (1.8) (4.9)

-12.2% -14.2% -18.1% -32.6% -21.4% -13.3%

66.6% 59.0% 13.4% 29.1% 8.6% 36.5%

(9.9) (12.3) (2.1) (7.6) (2.0) (4.6)

-14.9% -20.8% -15.7% -26.1% -23.3% -12.6%

Total Occupancy Percentage - Cash

43.8%

50.6%

(6.8)

-13.4%

50.7%

(6.9)

-13.6%

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

$88.16 $64.80 $29.19 $37.32 $257.79 $23.61

$98.63 $78.55 $31.16 $32.12 $259.74 $28.39

($10.47) ($13.75) ($1.97) $5.20 ($1.95) ($4.78)

-10.6% -17.5% -6.3% 16.2% -0.8% -16.8%

$96.33 $72.20 $32.53 $30.89 $246.34 $29.57

($8.17) ($7.40) ($3.34) $6.43 $11.45 ($5.96)

-8.5% -10.2% -10.3% 20.8% 4.6% -20.2%

$81.18

$90.07

($8.89)

-9.9%

$87.17

($5.99)

-6.9%

Reno Sparks Convention and Visitors Authority Combined Room Statistics

.

September 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

334,129 70,040 105,115

384,227 71,561 125,933

(50,098) (1,521) (20,818)

-13.0% -2.1% -16.5%

380,061 71,561 125,933

(45,932) (1,521) (20,818)

-12.1% -2.1% -16.5%

Total Occupied Rooms

509,284

581,721

(72,437)

-12.5%

577,555

(68,271)

-11.8%

Vacant

252,723

177,729

74,994

42.2%

172,213

80,510

46.8%

Total Available Rooms

762,007

759,450

2,557

0.3%

749,768

12,239

1.6%

Percentage of Occupancy Cash Comp 28 Day

43.8% 9.2% 13.8%

50.6% 9.4% 16.6%

(6.8) (0.2) (2.8)

-13.4% -2.1% -16.9%

50.7% 9.5% 16.8%

(6.9) (0.3) (3.0)

-13.6% -3.2% -17.9%

Total Occupancy Percentage

66.8%

76.6%

(9.8)

-12.8%

77.0%

(10.2)

-13.2%

Vacant

33.2%

23.4%

9.8

41.9%

23.0%

10.2

44.3%

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

$27,123,606 $5,963,422 $2,213,802

$34,606,048 $5,568,401 $2,507,827

($7,482,442) $395,021 ($294,025)

-21.6% 7.1% -11.7%

$33,131,689 $5,568,401 $2,537,133

($6,008,083) $395,021 ($323,331)

-18.1% 7.1% -12.7%

Total Revenue

$35,300,830

$42,682,276

($7,381,446)

-17.3%

$41,237,223

($5,936,393)

-14.4%

($8.89) $7.33 $1.15

-9.9% 9.4% 5.8%

($5.99) $7.33 $0.91

-6.9% 9.4% 4.5%

Average Rates Cash Comp 28 Day

$81.18 $85.14 $21.06

$90.07 $77.81 $19.91

$87.17 $77.81 $20.15

Reno Sparks Convention and Visitors Authority Hotel Statistics September 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

269,529 69,798 798

304,050 71,355 784

(34,521) (1,557) 14

-11.4% -2.2% 1.8%

295,121 71,355 784

(25,592) (1,557) 14

-8.7% -2.2% 1.8%

Total Occupied Rooms

340,125

376,189

(36,064)

-9.6%

367,260

(27,135)

-7.4%

Vacant

134,928

94,421

40,507

42.9%

75,577

59,351

78.5%

Total Available Rooms

475,053

470,610

4,443

0.9%

442,837

32,216

7.3%

Percentage of Occupancy Cash Comp 28 Day

56.7% 14.7% 0.2%

64.6% 15.2% 0.2%

(7.9) (0.5) -

-12.2% -3.3% 0.0%

66.6% 16.1% 0.2%

(9.9) (1.4) -

-14.9% -8.7% 0.0%

Total Occupancy Percentage

71.6%

79.9%

(8.3)

-10.4%

82.9%

(11.3)

-13.6%

Vacant

28.4%

20.1%

8.3

41.3%

17.1%

11.3

66.1%

100.0%

100.0%

0.0%

100.0%

-

0.0%

Total (must equal 100.0%)

-

Revenue Cash - Taxable Comp 28 Day

$23,761,270 $5,949,692 $39,127

$29,989,259 $5,556,945 $17,290

($6,227,989) $392,747 $21,837

-20.8% 7.1% 126.3%

$28,429,348 $5,556,945 $46,596

($4,668,078) $392,747 ($7,469)

-16.4% 7.1% -16.0%

Total Revenue

$29,750,089

$35,563,494

($5,813,405)

-16.3%

$34,032,889

($4,282,800)

-12.6%

$88.16 $85.24 $49.03

$98.63 $77.88 $22.05

($10.47) $7.36 $26.98

-10.6% 9.5% 122.4%

$96.33 $77.88 $59.43

($8.17) $7.36 ($10.40)

-8.5% 9.5% -17.5%

Average Rates Cash Comp 28 Day

Reno Sparks Convention and Visitors Authority Motel Statistics September 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

31,887 158 3,048

37,111 111 2,668

(5,224) 47 380

-14.1% 42.3% 14.2%

40,781 111 2,668

(8,894) 47 380

-21.8% 42.3% 14.2%

Total Occupied Rooms

35,093

39,890

(4,797)

-12.0%

43,560

(8,467)

-19.4%

Vacant

33,187

28,390

4,797

16.9%

25,530

7,657

30.0%

Total Available Rooms

68,280

68,280

-

0.0%

69,090

(810)

-1.2%

Percentage of Occupancy Cash Comp 28 Day

46.7% 0.2% 4.5%

54.4% 0.2% 3.9%

(7.7) 0.6

-14.2% 0.0% 15.4%

59.0% 0.2% 3.9%

(12.3) 0.6

-20.8% 0.0% 15.4%

Total Occupancy Percentage

51.4%

58.4%

(7.0)

-12.0%

63.0%

(11.6)

-18.4%

Vacant

48.6%

41.6%

7.0

16.8%

37.0%

11.6

31.4%

100.0%

100.0%

0.0%

100.0%

-

0.0%

Total (must equal 100.0%)

-

Revenue Cash - Taxable Comp 28 Day

$2,066,393 $10,317 $106,170

$2,914,926 $7,500 $86,702

($848,533) $2,817 $19,468

-29.1% 37.6% 22.5%

$2,944,370 $7,500 $86,702

($877,977) $2,817 $19,468

-29.8% 37.6% 22.5%

Total Revenue

$2,182,880

$3,009,128

($826,248)

-27.5%

$3,038,572

($855,692)

-28.2%

$64.80 $65.30 $34.83

$78.55 $67.57 $32.50

($13.75) ($2.27) $2.33

-17.5% -3.4% 7.2%

$72.20 $67.57 $32.50

($7.40) ($2.27) $2.33

-10.2% -3.4% 7.2%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

14,677 77,178

18,150 92,039

(3,473) (14,861)

-19.1% 0.0% -16.1%

19,105 92,039

(4,428) (14,861)

-23.2% 0.0% -16.1%

Total Occupied Rooms

91,855

110,189

(18,334)

-16.6%

111,144

(19,289)

-17.4%

Vacant

38,555

21,001

17,554

83.6%

31,056

7,499

24.1%

130,410

131,190

(780)

-0.6%

142,200

(11,790)

-8.3%

Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

11.3% 0.0% 59.2%

13.8% 0.0% 70.2%

(2.5) (11.0)

-18.1% 0.0% -15.7%

13.4% 0.0% 64.7%

(2.1) (5.5)

-15.7% 0.0% -8.5%

Total Occupancy Percentage

70.4%

84.0%

(13.6)

-16.2%

78.2%

(7.8)

-10.0%

Vacant

29.6%

16.0%

13.6

85.0%

21.8%

7.8

35.8%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$428,485 $0 $1,540,338

$565,584 $0 $1,812,865

($137,099) $0 ($272,527)

-24.2% 0.0% -15.0%

$621,520 $0 $1,812,865

($193,035) $0 ($272,527)

-31.1% 0.0% -15.0%

Total Revenue

$1,968,823

$2,378,449

($409,626)

-17.2%

$2,434,385

($465,562)

-19.1%

$29.19 $0.00 $19.96

$31.16 $0.00 $19.70

($1.97) $0.00 $0.26

-6.3% 0.0% 1.3%

$32.53 $0.00 $19.70

($3.34) $0.00 $0.26

-10.3% 0.0% 1.3%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

10,931 84 18,768

16,609 95 25,526

(5,678) (11) (6,758)

-34.2% -11.6% -26.5%

16,609 95 25,526

(5,678) (11) (6,758)

-34.2% -11.6% -26.5%

Total Occupied Rooms

29,783

42,230

(12,447)

-29.5%

42,230

(12,447)

-29.5%

Vacant

21,097

9,910

11,187

112.9%

14,890

6,207

41.7%

Total Available Rooms

50,880

52,140

(1,260)

-2.4%

57,120

(6,240)

-10.9%

Percentage of Occupancy Cash Comp 28 Day

21.5% 0.2% 36.9%

31.9% 0.2% 49.0%

(10.4) (12.1)

-32.6% 0.0% -24.7%

29.1% 0.2% 44.7%

(7.6) (7.8)

-26.1% 0.0% -17.4%

Total Occupancy Percentage

58.5%

81.0%

(22.5)

-27.8%

73.9%

(15.4)

-20.8%

Vacant

41.5%

19.0%

22.5

118.4%

26.1%

15.4

59.0%

100.0%

100.0%

-

0.0%

100.0%

-

0.0%

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

$407,918 $3,413 $258,050

$533,511 $3,956 $321,244

($125,593) ($543) ($63,194)

-23.5% -13.7% -19.7%

$512,991 $3,956 $321,244

($105,073) ($543) ($63,194)

-20.5% -13.7% -19.7%

Total Revenue

$669,381

$858,711

($189,330)

-22.0%

$838,191

($168,810)

-20.1%

$37.32 $40.63 $13.75

$32.12 $41.64 $12.58

$5.20 ($1.01) $1.17

16.2% -2.4% 9.3%

$30.89 $41.64 $12.58

$6.43 ($1.01) $1.17

20.8% -2.4% 9.3%

Average Rates Cash Comp 28 Day

Reno Sparks Convention and Visitors Authority Vacation Rental Statistics September 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Occupied Rooms Cash Comp 28 Day

1,246 5,323

1,586 4,916

(340) 407

Total Occupied Rooms

6,569

6,502

Vacant

12,421

Total Available Rooms

18,990

Increase (Decrease) Amount % Percent

-21.4% 0.0% 8.3%

1,724 4,916

(478) 407

-27.7% 0.0% 8.3%

67

1.0%

6,640

(71)

-1.1%

12,458

(37)

-0.3%

13,490

(1,069)

-7.9%

18,960

30

0.2%

20,130

(1,140)

-5.7%

-23.3% 0.0% 14.8%

Percentage of Occupancy Cash Comp 28 Day

6.6% 0.0% 28.0%

8.4% 0.0% 25.9%

(1.8) 2.1

Total Occupancy Percentage

34.6%

34.3%

Vacant

65.4%

65.7%

100.0%

100.0%

Total (must equal 100.0%)

Last Year

-21.4% 0.0% 8.1%

8.6% 0.0% 24.4%

(2.0) 3.6

0.3

0.9%

33.0%

1.6

4.8%

(0.3)

-0.5%

67.0%

(1.6)

-2.4%

0.0%

100.0%

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$321,203 $0 $270,117

$411,951 $0 $269,726

($90,748) $0 $391

-22.0% 0.0% 0.1%

$424,692 $0 $269,726

($103,489) $0 $391

-24.4% 0.0% 0.1%

Total Revenue

$591,320

$681,677

($90,357)

-13.3%

$694,418

($103,098)

-14.8%

Average Rates Cash Comp 28 Day

$257.79 $0.00 $50.75

$259.74 $0.00 $54.87

($1.95) $0.00 ($4.12)

-0.8% 0.0% -7.5%

$246.34 $0.00 $54.87

$11.45 $0.00 ($4.12)

4.6% 0.0% -7.5%

Reno Sparks Convention and Visitors Authority Timeshare Statistics September 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

5,859 -

6,721 -

(862) -

-12.8% 0.0% 0.0%

6,721 -

(862) -

-12.8% 0.0% 0.0%

Total Occupied Rooms

5,859

6,721

(862)

-12.8%

6,721

(862)

-12.8%

Vacant

12,535

11,549

986

8.5%

11,670

865

7.4%

Total Available Rooms

18,394

18,270

124

0.7%

18,391

3

0.0%

Percentage of Occupancy Cash Comp 28 Day

31.9% 0.0% 0.0%

36.8% 0.0% 0.0%

(4.9) -

-13.3% 0.0% 0.0%

36.5% 0.0% 0.0%

(4.6) -

-12.6% 0.0% 0.0%

Total Occupancy Percentage

31.9%

36.8%

(4.9)

-13.3%

36.5%

(4.6)

-12.6%

Vacant

68.1%

63.2%

4.9

7.8%

63.5%

4.6

7.2%

100.0%

100.0%

-

0.0%

100.0%

-

0.0%

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

$138,337 $0 $0

$190,817 $0 $0

($52,480) $0 $0

-27.5% 0.0% 0.0%

$198,768 $0 $0

($60,431) $0 $0

-30.4% 0.0% 0.0%

Total Revenue

$138,337

$190,817

($52,480)

-27.5%

$198,768

($60,431)

-30.4%

$23.61 $0.00 $0.00

$28.39 $0.00 $0.00

($4.78) $0.00 $0.00

-16.8% 0.0% 0.0%

$29.57 $0.00 $0.00

($5.96) $0.00 $0.00

-20.2% 0.0% 0.0%

Average Rates Cash Comp 28 Day

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

Actual

Budget

Increase (Decrease) Amount % Percent

Last Year

Increase (Decrease) Amount % Percent

Taxable Room Revenues

$83,572,902

$100,055,798

($16,482,896)

-16.5%

$99,154,797

($15,581,895)

-15.7%

Occupied Rooms - Cash

1,009,991

1,115,439

(105,448)

-9.5%

1,137,867

(127,876)

-11.2%

$82.75

$89.70

($6.95)

-7.7%

$87.14

($4.39)

-5.0%

Occupied Rooms Cash Comp 28 Day

1,009,991 236,212 336,854

1,115,439 220,672 392,385

(105,448) 15,540 (55,531)

-9.5% 7.0% -14.2%

1,137,867 220,672 392,392

(127,876) 15,540 (55,538)

-11.2% 7.0% -14.2%

Total Occupied Rooms

1,583,057

1,728,496

(145,439)

-8.4%

1,750,931

(167,874)

-9.6%

Average Rate - Cash

Percentage of Occupancy Cash Comp 28 Day

43.6% 10.2% 14.6%

48.0% 9.5% 16.9%

(4.4) 0.7 (2.3)

-9.2% 7.4% -13.6%

49.8% 9.7% 17.2%

(6.2) 0.5 (2.6)

-12.4% 5.2% -15.1%

Total Percentage of Occupancy

68.4%

74.3%

(5.9)

-7.9%

76.6%

(8.2)

-10.7%

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

804,106 101,410 46,526 28,034 10,549 19,366

873,060 112,478 55,736 38,231 10,703 25,231

(68,954) (11,068) (9,210) (10,197) (154) (5,865)

-7.9% -9.8% -16.5% -26.7% -1.4% -23.2%

880,500 123,602 58,669 38,231 11,634 25,231

(76,394) (22,192) (12,143) (10,197) (1,085) (5,865)

-8.7% -18.0% -20.7% -26.7% -9.3% -23.2%

1,009,991

1,115,439

(105,448)

-9.5%

1,137,867

(127,876)

-11.2%

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

56.4% 48.4% 11.5% 17.7% 18.1% 33.6%

60.6% 53.7% 13.9% 23.9% 18.4% 45.0%

(4.2) (5.3) (2.4) (6.2) (0.3) (11.4)

-6.9% -9.9% -17.3% -25.9% -1.6% -25.3%

65.3% 58.2% 13.3% 23.2% 18.7% 44.6%

(8.9) (9.8) (1.8) (5.5) (0.6) (11.0)

-13.6% -16.8% -13.5% -23.7% -3.2% -24.7%

Total Occupancy Percentage - Cash

43.6%

48.0%

(4.4)

-9.2%

49.8%

(6.2)

-12.4%

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

$88.56 $63.31 $30.22 $39.91 $279.61 $24.19

$97.03 $74.02 $29.58 $37.57 $312.96 $23.17

($8.47) ($10.71) $0.64 $2.34 ($33.35) $1.02

-8.7% -14.5% 2.2% 6.2% -10.7% 4.4%

$94.82 $68.04 $30.88 $36.13 $296.82 $24.13

($6.26) ($4.73) ($0.66) $3.78 ($17.21) $0.06

-6.6% -7.0% -2.1% 10.5% -5.8% 0.2%

$82.75

$89.70

($6.95)

-7.7%

$87.14

($4.39)

-5.0%

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

.

September 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

1,009,991 236,212 336,854

1,115,439 220,672 392,385

(105,448) 15,540 (55,531)

-9.5% 7.0% -14.2%

1,137,867 220,672 392,392

(127,876) 15,540 (55,538)

-11.2% 7.0% -14.2%

Total Occupied Rooms

1,583,057

1,728,496

(145,439)

-8.4%

1,750,931

(167,874)

-9.6%

730,792

597,477

133,315

22.3%

535,248

195,544

36.5%

2,313,849

2,325,973

(12,124)

-0.5%

2,286,179

27,670

1.2%

Vacant Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

43.6% 10.2% 14.6%

48.0% 9.5% 16.9%

(4.4) 0.7 (2.3)

-9.2% 7.4% -13.6%

49.8% 9.7% 17.2%

(6.2) 0.5 (2.6)

-12.4% 5.2% -15.1%

Total Occupancy Percentage

68.4%

74.3%

(5.9)

-7.9%

76.6%

(8.2)

-10.7%

Vacant

31.6%

25.7%

5.9

23.0%

23.4%

8.2

35.0%

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

$83,572,902 $18,452,358 $7,109,250

$100,055,798 $16,382,106 $7,994,907

($16,482,896) $2,070,252 ($885,657)

-16.5% 12.6% -11.1%

$99,154,797 $16,382,106 $8,037,988

($15,581,895) $2,070,252 ($928,738)

-15.7% 12.6% -11.6%

Total Revenue

$109,134,510

$124,432,811

($15,298,301)

-12.3%

$123,574,891

($14,440,381)

-11.7%

($6.95) $3.88 $0.72

-7.7% 5.2% 3.5%

($4.39) $3.88 $0.62

-5.0% 5.2% 3.0%

Average Rates Cash Comp 28 Day

$82.75 $78.12 $21.10

$89.70 $74.24 $20.38

$87.14 $74.24 $20.48

Reno Sparks Convention and Visitors Authority Hotel Statistics - Year To Date September 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

804,106 235,338 2,112

873,060 220,014 2,503

(68,954) 15,324 (391)

-7.9% 7.0% -15.6%

880,500 220,014 2,503

(76,394) 15,324 (391)

-8.7% 7.0% -15.6%

1,041,556

1,095,577

(54,021)

-4.9%

1,103,017

(61,461)

-5.6%

382,988

344,620

38,368

11.1%

246,274

136,714

55.5%

1,424,544

1,440,197

(15,653)

-1.1%

1,349,291

75,253

5.6%

Percentage of Occupancy Cash Comp 28 Day

56.4% 16.5% 0.1%

60.6% 15.3% 0.2%

(4.2) 1.2 (0.1)

-6.9% 7.8% -50.0%

65.3% 16.3% 0.2%

(8.9) 0.2 (0.1)

-13.6% 1.2% -50.0%

Total Occupancy Percentage

73.1%

76.1%

(3.0)

-3.9%

81.7%

(8.6)

-10.5%

Vacant

26.9%

23.9%

3.0

12.6%

18.3%

8.6

47.0%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$71,209,624 $18,409,113 $113,831

$84,710,883 $16,346,358 $128,043

($13,501,259) $2,062,755 ($14,212)

-15.9% 12.6% -11.1%

$83,490,005 $16,346,358 $165,227

($12,280,381) $2,062,755 ($51,396)

-14.7% 12.6% -31.1%

Total Revenue

$89,732,568

$101,185,284

($11,452,716)

-11.3%

$100,001,590

($10,269,022)

-10.3%

$88.56 $78.22 $53.90

$97.03 $74.30 $51.16

($8.47) $3.92 $2.74

-8.7% 5.3% 5.4%

$94.82 $74.30 $66.01

($6.26) $3.92 ($12.11)

-6.6% 5.3% -18.3%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

101,410 497 9,773

112,478 368 10,059

(11,068) 129 (286)

-9.8% 35.1% -2.8%

123,602 368 10,059

(22,192) 129 (286)

-18.0% 35.1% -2.8%

Total Occupied Rooms

111,680

122,905

(11,225)

-9.1%

134,029

(22,349)

-16.7%

97,712

86,487

11,225

13.0%

78,281

19,431

24.8%

209,392

209,392

-

0.0%

212,310

(2,918)

-1.4%

Vacant Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

48.4% 0.2% 4.7%

53.7% 0.2% 4.8%

(5.3) (0.1)

-9.9% 0.0% -2.1%

58.2% 0.2% 4.7%

(9.8) -

-16.8% 0.0% 0.0%

Total Occupancy Percentage

53.3%

58.7%

(5.4)

-9.2%

63.1%

(9.8)

-15.5%

Vacant

46.7%

41.3%

5.4

13.1%

36.9%

9.8

26.6%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$6,420,666 $26,761 $355,309

$8,325,481 $23,035 $299,294

($1,904,815) $3,726 $56,015

-22.9% 16.2% 18.7%

$8,409,577 $23,035 $299,294

($1,988,911) $3,726 $56,015

-23.7% 16.2% 18.7%

Total Revenue

$6,802,736

$8,647,810

($1,845,074)

-21.3%

$8,731,906

($1,929,170)

-22.1%

$63.31 $53.85 $36.36

$74.02 $62.60 $29.75

($10.71) ($8.75) $6.61

-14.5% -14.0% 22.2%

$68.04 $62.60 $29.75

($4.73) ($8.75) $6.61

-7.0% -14.0% 22.2%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

46,526 238,068

55,736 283,933

(9,210) (45,865)

-16.5% 0.0% -16.2%

58,669 283,940

(12,143) (45,872)

-20.7% 0.0% -16.2%

Total Occupied Rooms

284,594

339,669

(55,075)

-16.2%

342,609

(58,015)

-16.9%

Vacant

120,910

62,647

58,263

93.0%

98,214

22,696

23.1%

Total Available Rooms

405,504

402,316

3,188

0.8%

440,823

(35,319)

-8.0%

Percentage of Occupancy Cash Comp 28 Day

11.5% 0.0% 58.7%

13.9% 0.0% 70.6%

(2.4) (11.9)

-17.3% 0.0% -16.9%

13.3% 0.0% 64.4%

(1.8) (5.7)

-13.5% 0.0% -8.9%

Total Occupancy Percentage

70.2%

84.4%

(14.2)

-16.8%

77.7%

(7.5)

-9.7%

Vacant

29.8%

15.6%

14.2

91.0%

22.3%

7.5

33.6%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$1,405,889 $0 $4,836,095

$1,648,883 $0 $5,718,228

($242,994) $0 ($882,133)

-14.7% 0.0% -15.4%

$1,811,959 $0 $5,724,126

($406,070) $0 ($888,031)

-22.4% 0.0% -15.5%

Total Revenue

$6,241,984

$7,367,111

($1,125,127)

-15.3%

$7,536,085

($1,294,101)

-17.2%

$30.22 $0.00 $20.31

$29.58 $0.00 $20.14

2.2% 0.0% 0.8%

$30.88 $0.00 $20.16

($0.66) $0.00 $0.15

-2.1% 0.0% 0.7%

Average Rates Cash Comp 28 Day

$0.64 $0.00 $0.17

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

28,034 377 70,512

38,231 290 79,552

(10,197) 87 (9,040)

-26.7% 30.0% -11.4%

38,231 290 79,552

(10,197) 87 (9,040)

-26.7% 30.0% -11.4%

Total Occupied Rooms

98,923

118,073

(19,150)

-16.2%

118,073

(19,150)

-16.2%

Vacant

59,713

41,823

17,890

42.8%

46,989

12,724

27.1%

158,636

159,896

(1,260)

-0.8%

165,062

(6,426)

-3.9%

Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

17.7% 0.2% 44.4%

23.9% 0.2% 49.8%

(6.2) (5.4)

-25.9% 0.0% -10.8%

23.2% 0.2% 48.2%

(5.5) (3.8)

-23.7% 0.0% -7.9%

Total Occupancy Percentage

62.4%

73.8%

(11.4)

-15.4%

71.5%

(9.1)

-12.7%

Vacant

37.6%

26.2%

11.4

43.5%

28.5%

9.1

31.9%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$1,118,697 $16,484 $941,997

$1,436,428 $12,713 $1,005,590

($317,731) $3,771 ($63,593)

-22.1% 29.7% -6.3%

$1,381,181 $12,713 $1,005,590

($262,484) $3,771 ($63,593)

-19.0% 29.7% -6.3%

Total Revenue

$2,077,178

$2,454,731

($377,553)

-15.4%

$2,399,484

($322,306)

-13.4%

$39.91 $43.72 $13.36

$37.57 $43.84 $12.64

$2.34 ($0.12) $0.72

6.2% -0.3% 5.7%

$36.13 $43.84 $12.64

$3.78 ($0.12) $0.72

10.5% -0.3% 5.7%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

10,549 16,389

10,703 16,338

(154) 51

-1.4% 0.0% 0.3%

11,634 16,338

(1,085) 51

-9.3% 0.0% 0.3%

Total Occupied Rooms

26,938

27,041

(103)

-0.4%

27,972

(1,034)

-3.7%

Vacant

31,207

31,103

104

0.3%

34,132

(2,925)

-8.6%

Total Available Rooms

58,145

58,144

1

0.0%

62,104

(3,959)

-6.4%

Percentage of Occupancy Cash Comp 28 Day

18.1% 0.0% 28.2%

18.4% 0.0% 28.1%

(0.3) 0.1

-1.6% 0.0% 0.4%

18.7% 0.0% 26.3%

(0.6) 1.9

-3.2% 0.0% 7.2%

Total Occupancy Percentage

46.3%

46.5%

(0.2)

-0.4%

45.0%

1.3

2.9%

Vacant

53.7%

53.5%

0.2

0.4%

55.0%

(1.3)

-2.4%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$2,949,647 $0 $862,018

$3,349,614 $0 $843,752

($399,967) $0 $18,266

-11.9% 0.0% 2.2%

$3,453,211 $0 $843,751

($503,564) $0 $18,267

-14.6% 0.0% 2.2%

Total Revenue

$3,811,665

$4,193,366

($381,701)

-9.1%

$4,296,962

($485,297)

-11.3%

$279.61 $0.00 $52.60

$312.96 $0.00 $51.64

($33.35) $0.00 $0.96

-10.7% 0.0% 1.9%

$296.82 $0.00 $51.64

($17.21) $0.00 $0.96

-5.8% 0.0% 1.9%

Average Rates Cash Comp 28 Day

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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

19,366 -

25,231 -

(5,865) -

-23.2% 0.0% 0.0%

25,231 -

(5,865) -

-23.2% 0.0% 0.0%

Total Occupied Rooms

19,366

25,231

(5,865)

-23.2%

25,231

(5,865)

-23.2%

Vacant

38,262

30,797

7,465

24.2%

31,358

6,904

22.0%

Total Available Rooms

57,628

56,028

1,600

2.9%

56,589

1,039

1.8%

Percentage of Occupancy Cash Comp 28 Day

33.6% 0.0% 0.0%

45.0% 0.0% 0.0%

(11.4) -

-25.3% 0.0% 0.0%

44.6% 0.0% 0.0%

(11.0) -

-24.7% 0.0% 0.0%

Total Occupancy Percentage

33.6%

45.0%

(11.4)

-25.3%

44.6%

(11.0)

-24.7%

Vacant

66.4%

55.0%

11.4

20.8%

55.4%

11.0

19.8%

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

$468,379 $0 $0

$584,509 $0 $0

($116,130) $0 $0

-19.9% 0.0% 0.0%

$608,864 $0 $0

($140,485) $0 $0

-23.1% 0.0% 0.0%

Total Revenue

$468,379

$584,509

($116,130)

-19.9%

$608,864

($140,485)

-23.1%

$24.19 $0.00 $0.00

$23.17 $0.00 $0.00

4.4% 0.0% 0.0%

$24.13 $0.00 $0.00

Average Rates Cash Comp 28 Day

$1.02 $0.00 $0.00

$0.06 $0.00 $0.00

0.2% 0.0% 0.0%

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

Current Month Actual September 2008

Last Year Actual

Amount

Year To Date

September 2007 Increase (Decrease) Amount % Percent

Tax District

Actual September 2008

Last Year - Year To Date Actual

Amount

September 2007 Increase (Decrease) Amount % Percent

13,133,320 8,109,081 141,643

13,825,228 11,839,733 246,061

(691,908) (3,730,652) (104,418)

-5.0% -31.5% -42.4%

Reno B Reno D Reno E

36,164,051 24,390,374 457,834

39,056,467 32,808,479 644,658

(2,892,416) (8,418,105) (186,824)

-7.4% -25.7% -29.0%

21,384,044

25,911,021

(4,526,977)

-17.5%

Total Reno

61,012,259

72,509,604

(11,497,345)

-15.9%

33,915 2,739,847

45,200 3,379,659

(11,285) (639,811)

-25.0% -18.9%

Washoe A Washoe B

86,875 13,540,570

95,793 15,211,132

(8,918) (1,670,562)

-9.3% -11.0%

2,773,762

3,424,858

(651,096)

-19.0%

Total Washoe Co.

13,627,445

15,306,925

(1,679,480)

-11.0%

2,965,800

3,795,809

(830,009)

-21.9%

Sparks

8,933,198

11,338,268

(2,405,070)

-21.2%

27,123,606

33,131,689

(6,008,083)

-18.1%

Total Taxable Revenue

83,572,902

99,154,797

(15,581,895)

-15.7%