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%