Room_Tax_and_Occupancy_Statistics_January_2008
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Overall, Washoe County occupancy percentages of 56.8% for the month are 7.5% below the 61.3% level of the prior year. There were 10,343 (1.4%) Available Total Rooms Occupied Rooms Actual Last Year Amount % Percent Hotels 472,365 272,866 57.8% 63.0% (5.2) -8.2% Motels 70,556 30,074 42.6% 47.8% (5.1) -10.8% 28 Day 134,912 94,642 70.2% 74.4% (4.3) -5.7% RV Parks 53,878 26,692 49.5% 53.8% (4.2) -7.8% Timeshares 19,073 5,884 30.8% 30.0% 0.8 2.7% Vacation Rentals 19,592 7,053 36.0% 24.2% 11.8 48.6% Totals 770,376 437,211 56.8% 61.3% (4.6) -7.5% Reno-Sparks Convention & Visitors Authority - P.O. Box 837 - Reno, Nevada 89504-0837 775-827-7637 Contact: above prior year. Year-to-date, total taxable room revenues of $184,170,227 are $6,652,311 (3.7%) above prior year. VP Finance [email protected] Tim D. Smith Attached please find the detail statistics for each market segment. Segments Percentage of Occupancy Increase (Decrease) Overall cash average rates for the month of $78.00 are up $7.63 (10.8%), compared to $70.37 for the prior year. Year-to-date cash occupied room nights of 2,289,385 are 78,498 (-3.3%) below prior year. Cash average rates year-to-date of $80.45 are $5.48 (7.3%) more available rooms for the month. January 2008 prior year by 11,335 (-4.1%). Comp occupied room nights of 56,634 are below prior year by 4,144 (-6.8%), and 28-Day occupied room nights of 114,997 are below prior year by 13,401 (-10.4%). Total occupied rooms for the month (Cash,Comp, 28-day) of 437,211 are 28,880 (-6.2%) below the prior year. Room Statistics Taxable room revenues for the month total $20,715,803 and are above prior year by $1,227,994 (6.3%). Cash occupied room nights of 265,580 are below CASH OCCUPIED ROOMS NIGHTS 216,212 26,805 13,210 2,089 5,884 1,380 220,953 30,952 15,683 2,347 1,454 5,526 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 Hotels Motels 28 Day RV Parks Timeshares Vacation Rentals Actual Last Year AVERAGE CASH RATES $55.34 $25.32 $21.07 $27.26 $466.32 $74.98 $51.99 $25.65 $22.81 $30.61 $471.83 $83.48 $0.00 $50.00 $100.00 $150.00 $200.00 $250.00 $300.00 $350.00 $400.00 $450.00 $500.00 Hotels Motels 28 Day RV Parks Timeshares Vacation Rentals Actual Last Year
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Available Total Rooms Occupied Rooms Actual Last Year Amount % Percent Hotels Motels 28 Day RV Parks Timeshares Vacation Rentals Actual Last Year prior year by 11,335 (-4.1%). Comp occupied room nights of 56,634 are below prior year by 4,144 (-6.8%), and 28-Day occupied room nights of 114,997 are below prior year by 13,401 (-10.4%). Total occupied rooms for the month (Cash,Comp, 28-day) of 437,211 are 28,880 (-6.2%) below the prior year.
Transcript of Room_Tax_and_Occupancy_Statistics_January_2008
Overall, Washoe County occupancy percentages of 56.8% for the month are 7.5% below the 61.3% level of the prior year. There were 10,343 (1.4%)
Available TotalRooms Occupied Rooms Actual Last Year Amount % Percent
Hotels 472,365 272,866 57.8% 63.0% (5.2) -8.2%
Motels 70,556 30,074 42.6% 47.8% (5.1) -10.8%
28 Day 134,912 94,642 70.2% 74.4% (4.3) -5.7%
RV Parks 53,878 26,692 49.5% 53.8% (4.2) -7.8%
Timeshares 19,073 5,884 30.8% 30.0% 0.8 2.7%
Vacation Rentals 19,592 7,053 36.0% 24.2% 11.8 48.6%
Totals 770,376 437,211 56.8% 61.3% (4.6) -7.5%
Reno-Sparks Convention & Visitors Authority - P.O. Box 837 - Reno, Nevada 89504-0837
775-827-7637
Contact:
above prior year. Year-to-date, total taxable room revenues of $184,170,227 are $6,652,311 (3.7%) above prior year.
Tim D. Smith
Attached please find the detail statistics for each market segment.
SegmentsPercentage of Occupancy Increase (Decrease)
Overall cash average rates for the month of $78.00 are up $7.63 (10.8%), compared to $70.37 for the prior year.
Year-to-date cash occupied room nights of 2,289,385 are 78,498 (-3.3%) below prior year. Cash average rates year-to-date of $80.45 are $5.48 (7.3%)
more available rooms for the month.
January 2008
prior year by 11,335 (-4.1%). Comp occupied room nights of 56,634 are below prior year by 4,144 (-6.8%), and 28-Day occupied room nights of 114,997 are below prior year by 13,401 (-10.4%). Total occupied rooms for the month (Cash,Comp, 28-day) of 437,211 are 28,880 (-6.2%) below the prior year.
Room Statistics
Taxable room revenues for the month total $20,715,803 and are above prior year by $1,227,994 (6.3%). Cash occupied room nights of 265,580 are below
CASH OCCUPIED ROOMS NIGHTS
216,
212
26,8
05
13,2
10
2,08
9
5,88
4
1,38
0
220,
953
30,9
52
15,6
83
2,34
7
1,45
4
5,52
6
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
Hotels Motels 28 Day RV Parks Timeshares VacationRentals
Actual Last Year
AVERAGE CASH RATES
$55.
34
$25.
32
$21.
07
$27.
26
$466
.32
$74.
98
$51.
99
$25.
65
$22.
81
$30.
61
$471
.83
$83.
48
$0.00
$50.00
$100.00
$150.00
$200.00
$250.00
$300.00
$350.00
$400.00
$450.00
$500.00
Hotels Motels 28 Day RV Parks Timeshares VacationRentals
Actual Last Year
Description Actual Budget Amount % Percent Last Year Amount % Percent
Taxable Room Revenues $20,715,803 $20,364,388 $351,415 1.7% $19,487,809 $1,227,994 6.3%
Occupied Rooms - Cash 265,580 275,141 (9,561) -3.5% 276,915 (11,335) -4.1%
Average Rate - Cash $78.00 $74.01 $3.99 5.4% $70.37 $7.63 10.8%
Occupied RoomsCash 265,580 275,141 (9,561) -3.5% 276,915 (11,335) -4.1%Comp 56,634 60,778 (4,144) -6.8% 60,778 (4,144) -6.8%28 Day 114,997 128,577 (13,580) -10.6% 128,398 (13,401) -10.4%
Total Occupied Rooms 437,211 464,496 (27,285) -5.9% 466,091 (28,880) -6.2%
Percentage of OccupancyCash 34.5% 35.2% (0.8) -2.1% 36.4% (2.0) -5.4%Comp 7.4% 7.8% (0.4) -5.5% 8.0% (0.6) -8.1%28 Day 14.9% 16.5% (1.5) -9.3% 16.9% (2.0) -11.6%
Total Percentage of Occupancy 56.8% 59.5% (2.7) -4.6% 61.3% (4.6) -7.5%
Market Segments
Occupied Rooms - CashHotels 216,212 220,673 (4,461) -2.0% 220,953 (4,741) -2.1%Motels 26,805 29,852 (3,047) -10.2% 30,952 (4,147) -13.4%28 Day Motels 13,210 15,261 (2,051) -13.4% 15,683 (2,473) -15.8%R.V. Parks 2,089 2,300 (211) -9.2% 2,347 (258) -11.0%Vacation Rentals 1,380 1,468 (88) -6.0% 1,454 (74) -5.1%Timehares 5,884 5,587 297 5.3% 5,526 358 6.5%
Total Occupied - Cash 265,580 275,141 (9,561) -3.5% 276,915 (11,335) -4.1%
Percentage of Occupancy - CashHotels 45.8% 47.0% (1.2) -2.6% 49.3% (3.6) -7.2%Motels 38.0% 39.8% (1.8) -4.5% 42.4% (4.4) -10.4%28 Day Motels 9.8% 10.3% (0.5) -5.0% 10.6% (0.8) -7.6%R.V. Parks 3.9% 4.7% (0.8) -16.6% 4.3% (0.5) -10.7%Vacation Rentals 7.0% 7.3% (0.3) -3.9% 7.8% (0.8) -9.9%Timeshares 30.8% 29.6% 1.3 4.2% 30.0% 0.8 2.7%
Total Occupancy Percentage - Cash 34.5% 35.2% (0.8) -2.1% 36.4% (2.0) -5.4%
Average Rates - CashHotels $83.48 $78.69 $4.80 6.1% $74.98 $8.50 11.3%Motels $55.34 $55.10 $0.24 0.4% $51.99 $3.35 6.4%28 Day Motels $25.32 $26.36 ($1.04) -4.0% $25.65 ($0.33) -1.3%R.V. Parks $21.07 $23.97 ($2.90) -12.1% $22.81 ($1.74) -7.6%Vacation Rentals $466.32 $490.66 ($24.34) -5.0% $471.83 ($5.51) -1.2%Timeshares $27.26 $31.79 ($4.53) -14.2% $30.61 ($3.35) -10.9%
Total Cash Average Rate $78.00 $74.01 $3.99 5.4% $70.37 $7.63 10.8%
Reno Sparks Convention and Visitors Authority
January 2008
Combined Room Statistics
Increase (Decrease)Increase (Decrease)
.
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 265,580 275,141 (9,561) -3.5% 276,915 (11,335) -4.1%Comp 56,634 60,778 (4,144) -6.8% 60,778 (4,144) -6.8%28 Day 114,997 128,577 (13,580) -10.6% 128,398 (13,401) -10.4%
Total Occupied Rooms 437,211 464,496 (27,285) -5.9% 466,091 (28,880) -6.2%
Vacant 333,165 316,487 16,678 5.3% 293,942 39,223 13.3%
Total Available Rooms 770,376 780,983 (10,607) -1.4% 760,033 10,343 1.4%
Percentage of OccupancyCash 34.5% 35.2% (0.8) -2.1% 36.4% (2.0) -5.4%Comp 7.4% 7.8% (0.4) -5.5% 8.0% (0.6) -8.1%28 Day 14.9% 16.5% (1.5) -9.3% 16.9% (2.0) -11.6%
Total Occupancy Percentage 56.8% 59.5% (2.7) -4.6% 61.3% (4.6) -7.5%
Vacant 43.2% 40.5% 2.7 6.7% 38.7% 4.6 11.8%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $20,715,803.36 $20,364,388.00 $351,415.36 1.7% $19,487,809.15 $1,227,994.21 6.3%Comp $4,536,185.42 $4,233,301.00 $302,884.42 7.2% $4,233,300.88 $302,884.54 7.2%28 Day $2,354,455.63 $2,427,613.00 ($73,157.37) -3.0% $2,432,151.87 ($77,696.24) -3.2%
Total Revenue $27,606,444.41 $27,025,302.00 $581,142.41 2.2% $26,153,261.90 $1,453,182.51 5.6%
Average Rates Cash $78.00 $74.01 $3.99 5.4% $70.37 $7.63 10.8%Comp $80.10 $69.65 $10.44 15.0% $69.65 $10.44 15.0%28 Day $20.47 $18.88 $1.59 8.4% $18.94 $1.53 8.1%
January 2008
Reno Sparks Convention and Visitors Authority
Increase (Decrease) Increase (Decrease)
Combined Room Statistics
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 216,212 220,673 (4,461) -2.0% 220,953 (4,741) -2.1%Comp 56,446 60,414 (3,968) -6.6% 60,414 (3,968) -6.6%28 Day 208 632 (424) -67.1% 632 (424) -67.1%
Total Occupied Rooms 272,866 281,719 (8,853) -3.1% 281,999 (9,133) -3.2%
Vacant 199,499 187,869 11,630 6.2% 165,968 33,531 20.2%
Total Available Rooms 472,365 469,588 2,777 0.6% 447,967 24,398 5.4%
Percentage of OccupancyCash 45.8% 47.0% (1.2) -2.6% 49.3% (3.6) -7.2%Comp 11.9% 12.9% (0.9) -7.1% 13.5% (1.5) -11.4%28 Day 0.0% 0.1% (0.1) -67.3% 0.1% (0.1) -68.8%
Total Occupancy Percentage 57.8% 60.0% (2.2) -3.7% 63.0% (5.2) -8.2%
Vacant 42.2% 40.0% 2.2 5.6% 37.0% 5.2 14.0%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $18,050,000.08 $17,364,178.00 $685,822.08 3.9% $16,567,502.63 $1,482,497.45 8.9%Comp $4,526,677.69 $4,218,185.00 $308,492.69 7.3% $4,218,185.15 $308,492.54 7.3%28 Day $14,033.76 $27,647.00 ($13,613.24) -49.2% $27,646.58 ($13,612.82) -49.2%
Total Revenue $22,590,711.53 $21,610,010.00 $980,701.53 4.5% $20,813,334.36 $1,777,377.17 8.5%
Average Rates Cash $83.48 $78.69 $4.80 6.1% $74.98 $8.50 11.3%Comp $80.19 $69.82 $10.37 14.9% $69.82 $10.37 14.9%28 Day $67.47 $43.75 $23.72 54.2% $43.74 $23.73 54.2%
Reno Sparks Convention and Visitors Authority
Hotel Statistics
January 2008
Increase (Decrease)Increase (Decrease)
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 26,805 29,852 (3,047) -10.2% 30,952 (4,147) -13.4%Comp 180 255 (75) -29.4% 255 (75) -29.4%28 Day 3,089 3,739 (650) -17.4% 3,684 (595) -16.2%
Total Occupied Rooms 30,074 33,846 (3,772) -11.1% 34,891 (4,817) -13.8%
Vacant 40,482 41,205 (723) -1.8% 38,145 2,337 6.1%
Total Available Rooms 70,556 75,051 (4,495) -6.0% 73,036 (2,480) -3.4%
Percentage of OccupancyCash 38.0% 39.8% (1.8) -4.5% 42.4% (4.4) -10.4%Comp 0.3% 0.3% (0.1) -24.9% 0.3% (0.1) -26.9%28 Day 4.4% 5.0% (0.6) -12.1% 5.0% (0.7) -13.2%
Total Occupancy Percentage 42.6% 45.1% (2.5) -5.5% 47.8% (5.1) -10.8%
Vacant 57.4% 54.9% 2.5 4.5% 52.2% 5.1 9.9%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $1,483,403.43 $1,644,871.67 ($161,468.24) -9.8% $1,609,257.50 ($125,854.07) -7.8%Comp $9,312.57 $12,570.00 ($3,257.43) -25.9% $12,569.76 ($3,257.19) -25.9%28 Day $96,450.73 $111,778.17 ($15,327.44) -13.7% $112,419.50 ($15,968.77) -14.2%
Total Revenue $1,589,166.73 $1,769,219.84 ($180,053.11) -10.2% $1,734,246.76 ($145,080.03) -8.4%
Average Rates Cash $55.34 $55.10 $0.24 0.4% $51.99 $3.35 6.4%Comp $51.74 $49.29 $2.44 5.0% $49.29 $2.44 5.0%28 Day $31.22 $29.90 $1.33 4.4% $30.52 $0.71 2.3%
Motel Statistics
January 2008
Reno Sparks Convention and Visitors Authority
Increase (Decrease) Increase (Decrease)
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 13,210 15,261 (2,051) -13.4% 15,683 (2,473) -15.8%Comp - - - 0.0% - - 0.0%28 Day 81,432 94,561 (13,129) -13.9% 94,437 (13,005) -13.8%
Total Occupied Rooms 94,642 109,822 (15,180) -13.8% 110,120 (15,478) -14.1%
Vacant 40,270 38,172 2,098 5.5% 37,874 2,396 6.3%
Total Available Rooms 134,912 147,994 (13,082) -8.8% 147,994 (13,082) -8.8%
Percentage of OccupancyCash 9.8% 10.3% (0.5) -5.0% 10.6% (0.8) -7.6%Comp 0.0% 0.0% - 0.0% 0.0% - 0.0%28 Day 60.4% 63.9% (3.5) -5.5% 63.8% (3.5) -5.4%
Total Occupancy Percentage 70.2% 74.2% (4.1) -5.5% 74.4% (4.3) -5.7%
Vacant 29.8% 25.8% 4.1 15.7% 25.6% 4.3 16.6%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $334,476.78 $402,340.33 ($67,863.55) -16.9% $402,336.78 ($67,860.00) -16.9%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $1,656,961.57 $1,817,779.08 ($160,817.51) -8.8% $1,821,677.44 ($164,715.87) -9.0%
Total Revenue $1,991,438.35 $2,220,119.41 ($228,681.06) -10.3% $2,224,014.22 ($232,575.87) -10.5%
Average Rates Cash $25.32 $26.36 ($1.04) -4.0% $25.65 ($0.33) -1.3%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $20.35 $19.22 $1.12 5.8% $19.29 $1.06 5.5%
January 2008
Reno Sparks Convention and Visitors Authority
28 Day Motel Statistics
Increase (Decrease)Increase (Decrease)
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 2,089 2,300 (211) -9.2% 2,347 (258) -11.0%Comp 8 109 (101) -92.7% 109 (101) -92.7%28 Day 24,595 26,593 (1,998) -7.5% 26,593 (1,998) -7.5%
Total Occupied Rooms 26,692 29,002 (2,310) -8.0% 29,049 (2,357) -8.1%
Vacant 27,186 20,443 6,743 33.0% 24,984 2,202 8.8%
Total Available Rooms 53,878 49,445 4,433 9.0% 54,033 (155) -0.3%
Percentage of OccupancyCash 3.9% 4.7% (0.8) -16.6% 4.3% (0.5) -10.7%Comp 0.0% 0.2% (0.2) -93.3% 0.2% (0.2) -92.6%28 Day 45.6% 53.8% (8.1) -15.1% 49.2% (3.6) -7.2%
Total Occupancy Percentage 49.5% 58.7% (9.1) -15.5% 53.8% (4.2) -7.8%
Vacant 50.5% 41.3% 9.1 22.0% 46.2% 4.2 9.1%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $44,014.38 $55,127.00 ($11,112.62) -20.2% $53,542.48 ($9,528.10) -17.8%Comp $195.16 $2,546.00 ($2,350.84) -92.3% $2,545.97 ($2,350.81) -92.3%28 Day $314,954.08 $335,775.75 ($20,821.67) -6.2% $335,775.54 ($20,821.46) -6.2%
Total Revenue $359,163.62 $393,448.75 ($34,285.13) -8.7% $391,863.99 ($32,700.37) -8.3%
Average Rates Cash $21.07 $23.97 ($2.90) -12.1% $22.81 ($1.74) -7.6%Comp $24.40 $23.36 $1.04 4.4% $23.36 $1.04 4.4%28 Day $12.81 $12.63 $0.18 1.4% $12.63 $0.18 1.4%
Reno Sparks Convention and Visitors Authority
RV Park Statistics
January 2008
Increase (Decrease) Increase (Decrease)
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 1,380 1,468 (88) -6.0% 1,454 (74) -5.1%Comp - - - 0.0% - - 0.0%28 Day 5,673 3,052 2,621 85.9% 3,052 2,621 85.9%
Total Occupied Rooms 7,053 4,520 2,533 56.0% 4,506 2,547 56.5%
Vacant 12,539 15,506 (2,967) -19.1% 14,094 (1,555) -11.0%
Total Available Rooms 19,592 20,026 (434) -2.2% 18,600 992 5.3%
Percentage of OccupancyCash 7.0% 7.3% (0.3) -3.9% 7.8% (0.8) -9.9%Comp 0.0% 0.0% - 0.0% 0.0% - 0.0%28 Day 29.0% 15.2% 13.7 90.0% 16.4% 12.5 76.5%
Total Occupancy Percentage 36.0% 22.6% 13.4 59.5% 24.2% 11.8 48.6%
Vacant 64.0% 77.4% (13.4) -17.3% 75.8% (11.8) -15.5%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $643,524.61 $720,287.00 ($76,762.39) -10.7% $686,042.12 ($42,517.51) -6.2%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $272,055.49 $134,633.00 $137,422.49 102.1% $134,632.81 $137,422.68 102.1%
Total Revenue $915,580.10 $854,920.00 $60,660.10 7.1% $820,674.93 $94,905.17 11.6%
Average Rates Cash $466.32 $490.66 ($24.34) -5.0% $471.83 ($5.51) -1.2%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $47.96 $44.11 $3.84 8.7% $44.11 $3.84 8.7%
Increase (Decrease)Increase (Decrease)
Reno Sparks Convention and Visitors Authority
Vacation Rental Statistics
January 2008
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 5,884 5,587 297 5.3% 5,526 358 6.5%Comp - - - 0.0% - - 0.0%28 Day - - - 0.0% - - 0.0%
Total Occupied Rooms 5,884 5,587 297 5.3% 5,526 358 6.5%
Vacant 13,189 13,292 (103) -0.8% 12,877 312 2.4%
Total Available Rooms 19,073 18,879 194 1.0% 18,403 670 3.6%
Percentage of OccupancyCash 30.8% 29.6% 1.3 4.2% 30.0% 0.8 2.7%Comp 0.0% 0.0% - 0.0% 0.0% - 0.0%28 Day 0.0% 0.0% - 0.0% 0.0% - 0.0%
Total Occupancy Percentage 30.8% 29.6% 1.3 4.2% 30.0% 0.8 2.7%
Vacant 69.2% 70.4% (1.3) -1.8% 70.0% (0.8) -1.2%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $160,384.08 $177,584.00 ($17,199.92) -9.7% $169,127.64 ($8,743.56) -5.2%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%
Total Revenue $160,384.08 $177,584 ($17,199.92) -9.7% $169,127.64 ($8,743.56) -5.2%
Average Rates Cash $27.26 $31.79 ($4.53) -14.2% $30.61 ($3.35) -10.9%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%
Increase (Decrease) Increase (Decrease)
Reno Sparks Convention and Visitors Authority
Timeshare Statistics
January 2008
Description Actual Budget Amount % Percent Last Year Amount % Percent
Taxable Room Revenues $184,170,227 $183,312,171 $858,056 0.5% $177,517,916 $6,652,311 3.7%
Occupied Rooms - Cash 2,289,385 2,334,970 (45,585) -2.0% 2,367,883 (78,498) -3.3%
Average Rate - Cash $80.45 $78.51 $1.94 2.5% $74.97 $5.48 7.3%
Occupied RoomsCash 2,289,385 2,334,970 (45,585) -2.0% 2,367,883 (78,498) -3.3%Comp 483,585 462,218 21,367 4.6% 462,187 21,398 4.6%28 Day 878,188 906,595 (28,407) -3.1% 906,926 (28,738) -3.2%
Total Occupied Rooms 3,651,158 3,703,783 (52,625) -1.4% 3,736,996 (85,838) -2.3%
Percentage of OccupancyCash 42.8% 43.5% (0.6) -1.5% 44.6% (1.8) -3.9%Comp 9.0% 8.6% 0.4 5.1% 8.7% 0.3 4.0%28 Day 16.4% 16.9% (0.4) -2.7% 17.1% (0.6) -3.8%
Total Percentage of Occupancy 68.3% 69.0% (0.6) -0.9% 70.4% (2.1) -2.9%
Market Segments
Occupied Rooms - CashHotels 1,814,414 1,842,096 (27,682) -1.5% 1,861,257 (46,843) -2.5%Motels 241,558 249,774 (8,216) -3.3% 258,944 (17,386) -6.7%28 Day Motels 118,339 126,205 (7,866) -6.2% 130,373 (12,034) -9.2%R.V. Parks 53,513 52,281 1,232 2.4% 53,338 175 0.3%Vacation Rentals 16,149 18,836 (2,687) -14.3% 18,652 (2,503) -13.4%Timeshares 45,412 45,778 (366) -0.8% 45,319 93 0.0%
Total Occupied - Cash 2,289,385 2,334,970 (45,585) -2.0% 2,367,883 (78,498) -3.3%
Percentage of Occupancy - CashHotels 56.8% 57.4% (0.6) -1.0% 59.7% (2.9) -4.9%Motels 48.6% 48.0% 0.6 1.3% 50.0% (1.4) -2.9%28 Day Motels 11.9% 12.3% (0.4) -3.5% 12.6% (0.7) -5.5%R.V. Parks 14.1% 15.2% (1.1) -7.4% 14.1% (0.0) 0.0%Vacation Rentals 11.1% 13.6% (2.5) -18.3% 13.8% (2.7) -19.6%Timeshares 34.6% 35.0% (0.4) -1.1% 35.8% (1.2) -3.4%
Total Occupancy Percentage - Cash 42.8% 43.5% (0.6) -1.5% 44.6% (1.8) -3.9%
Average Rates - CashHotels $86.84 $84.11 $2.73 3.2% $80.32 $6.52 8.1%Motels $62.94 $64.63 ($1.69) -2.6% $60.98 $1.96 3.2%28 Day Motels $28.61 $30.51 ($1.90) -6.2% $29.79 ($1.18) -4.0%R.V. Parks $33.07 $33.38 ($0.30) -0.9% $31.77 $1.30 4.1%Vacation Rental $310.97 $298.63 $12.35 4.1% $287.30 $23.67 8.2%Timeshares $27.07 $22.13 $4.94 22.3% $28.46 ($1.39) -4.9%
Total Cash Average Rate $80.45 $78.51 $1.94 2.5% $74.97 $5.48 7.3%
Reno Sparks Convention and Visitors Authority
January 2008
Combined Room Statistics - Year To Date
Increase (Decrease)Increase (Decrease)
.
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 2,289,385 2,334,970 (45,585) -2.0% 2,367,883 (78,498) -3.3%Comp 483,585 462,218 21,367 4.6% 462,187 21,398 4.6%28 Day 878,188 906,595 (28,407) -3.1% 906,926 (28,738) -3.2%
Total Occupied Rooms 3,651,158 3,703,783 (52,625) -1.4% 3,736,996 (85,838) -2.3%
Vacant 1,693,526 1,667,217 26,309 1.6% 1,573,657 119,869 7.6%
Total Available Rooms 5,344,684 5,371,000 (26,316) -0.5% 5,310,653 34,031 0.6%
Percentage of OccupancyCash 42.8% 43.5% (0.6) -1.5% 44.6% (1.8) -3.9%Comp 9.0% 8.6% 0.4 5.1% 8.7% 0.3 4.0%28 Day 16.4% 16.9% (0.4) -2.7% 17.1% (0.6) -3.8%
Total Occupancy Percentage 68.3% 69.0% (0.6) -0.9% 70.4% (2.1) -2.9%
Vacant 31.7% 31.0% 0.6 2.1% 29.6% 2.1 6.9%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $184,170,227.27 $183,312,171.00 $858,056.27 0.5% $177,517,916.24 $6,652,311.03 3.7%Comp $34,456,897.91 $31,895,286.00 $2,561,611.91 8.0% $31,894,805.52 $2,562,092.39 8.0%28 Day $17,973,247.26 $17,489,383.00 $483,864.26 2.8% $17,449,945.25 $523,302.01 3.0%
Total Revenue $236,600,372.44 $232,696,840.00 $3,903,532.44 1.7% $226,862,667.01 $9,737,705.43 4.3%
Average Rates Cash $80.45 $78.51 $1.94 2.5% $74.97 $5.48 7.3%Comp $71.25 $69.00 $2.25 3.3% $69.01 $2.24 3.3%28 Day $20.47 $19.29 $1.18 6.1% $19.24 $1.23 6.4%
January 2008
Reno Sparks Convention and Visitors Authority
Increase (Decrease) Increase (Decrease)
Combined Room Statistics - Year To Date
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 1,814,414 1,842,096 (27,682) -1.5% 1,861,257 (46,843) -2.5%Comp 482,159 458,680 23,479 5.1% 458,680 23,479 5.1%28 Day 4,711 10,367 (5,656) -54.6% 5,968 (1,257) -21.1%
Total Occupied Rooms 2,301,284 2,311,143 (9,859) -0.4% 2,325,905 (24,621) -1.1%
Vacant 893,060 900,182 (7,122) -0.8% 789,650 103,410 13.1%
Total Available Rooms 3,194,344 3,211,325 (16,981) -0.5% 3,115,555 78,789 2.5%
Percentage of OccupancyCash 56.8% 57.4% (0.6) -1.0% 59.7% (2.9) -4.9%Comp 15.1% 14.3% 0.8 5.7% 14.7% 0.4 2.5%28 Day 0.1% 0.3% (0.2) -54.3% 0.2% (0.0) -23.0%
Total Occupancy Percentage 72.0% 72.0% 0.0 0.0% 74.7% (2.7) -3.6%
Vacant 28.0% 28.0% (0.1) -0.3% 25.3% 2.6 10.3%
Total (must equal 100.0%) 100.0% 100.0% -0.1 -0.1% 100.0% 0.0 0.0%
Revenue Cash - Taxable $157,559,179.98 $154,936,313.00 $2,622,866.98 1.7% $149,499,581.89 $8,059,598.09 5.4%Comp $34,383,232.68 $31,692,577.00 $2,690,655.68 8.5% $31,692,576.98 $2,690,655.70 8.5%28 Day $282,669.98 $408,151.00 ($125,481.02) -30.7% $335,188.17 ($52,518.19) -15.7%
Total Revenue $192,225,082.64 $187,037,041.00 $5,188,041.64 2.8% $181,527,347.04 $10,697,735.60 5.9%
Average Rates Cash $86.84 $84.11 $2.73 3.2% $80.32 $6.52 8.1%Comp $71.31 $69.10 $2.22 3.2% $69.10 $2.22 3.2%28 Day $60.00 $39.37 $20.63 52.4% $56.16 $3.84 6.8%
Reno Sparks Convention and Visitors Authority
Hotel Statistics - Year To Date
January 2008
Increase (Decrease)Increase (Decrease)
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 241,558 249,774 (8,216) -3.3% 258,944 (17,386) -6.7%Comp 904 1,398 (494) -35.3% 1,398 (494) -35.3%28 Day 22,359 29,735 (7,376) -24.8% 29,680 (7,321) -24.7%
Total Occupied Rooms 264,821 280,907 (16,086) -5.7% 290,022 (25,201) -8.7%
Vacant 232,444 239,880 (7,436) -3.1% 227,685 4,759 2.1%
Total Available Rooms 497,265 520,787 (23,522) -4.5% 517,707 (20,442) -3.9%
Percentage of OccupancyCash 48.6% 48.0% 0.6 1.3% 50.0% (1.4) -2.9%Comp 0.2% 0.3% (0.1) -32.3% 0.3% (0.1) -32.7%28 Day 4.5% 5.7% (1.2) -21.2% 5.7% (1.2) -21.6%
Total Occupancy Percentage 53.3% 53.9% (0.7) -1.3% 56.0% (2.8) -4.9%
Vacant 46.7% 46.1% 0.7 1.5% 44.0% 2.8 6.3%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $15,204,586.37 $16,142,710.38 ($938,124.01) -5.8% $15,791,518.55 ($586,932.18) -3.7%Comp $53,978.73 $72,051.00 ($18,072.27) -25.1% $72,050.21 ($18,071.48) -25.1%28 Day $715,805.50 $842,053.28 ($126,247.78) -15.0% $792,078.27 ($76,272.77) -9.6%
Total Revenue $15,974,370.60 $17,056,814.66 ($1,082,444.06) -6.3% $16,655,647.03 ($681,276.43) -4.1%
Average Rates Cash $62.94 $64.63 ($1.69) -2.6% $60.98 $1.96 3.2%Comp $59.71 $51.54 $8.17 15.9% $51.54 $8.17 15.9%28 Day $32.01 $28.32 $3.70 13.1% $26.69 $5.33 20.0%
Motel Statistics - Year To Date
January 2008
Reno Sparks Convention and Visitors Authority
Increase (Decrease) Increase (Decrease)
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 118,339 126,205 (7,866) -6.2% 130,373 (12,034) -9.2%Comp - 679 (679) -100.0% 648 (648) -100.0%28 Day 633,296 662,781 (29,485) -4.4% 667,566 (34,270) -5.1%
Total Occupied Rooms 751,635 789,665 (38,030) -4.8% 798,587 (46,952) -5.9%
Vacant 245,451 236,623 8,828 3.7% 239,413 6,038 2.5%
Total Available Rooms 997,086 1,026,288 (29,202) -2.8% 1,038,000 (40,914) -3.9%
Percentage of OccupancyCash 11.9% 12.3% (0.4) -3.5% 12.6% (0.7) -5.5%Comp 0.0% 0.1% (0.1) -100.0% 0.1% (0.1) -100.0%28 Day 63.5% 64.6% (1.1) -1.7% 64.3% (0.8) -1.2%
Total Occupancy Percentage 75.4% 76.9% (1.6) -2.0% 76.9% (1.6) -2.0%
Vacant 24.6% 23.1% 1.6 6.8% 23.1% 1.6 6.7%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $3,385,394.49 $3,850,173.16 ($464,778.67) -12.1% $3,883,600.20 ($498,205.71) -12.8%Comp $0.00 $83,955.00 ($83,955.00) -100.0% $83,475.00 ($83,475.00) -100.0%28 Day $12,834,527.00 $12,994,327.52 ($159,800.52) -1.2% $13,077,827.62 ($243,300.62) -1.9%
Total Revenue $16,219,921.49 $16,928,455.68 ($708,534.19) -4.2% $17,044,902.82 ($824,981.33) -4.8%
Average Rates Cash $28.61 $30.51 ($1.90) -6.2% $29.79 ($1.18) -4.0%Comp $0.00 $123.65 ($123.65) -100.0% $128.82 ($128.82) -100.0%28 Day $20.27 $19.61 $0.66 3.4% $19.59 $0.68 3.5%
January 2008
Reno Sparks Convention and Visitors Authority
28 Day Motel Statistics - Year To Date
Increase (Decrease)Increase (Decrease)
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 53,513 52,281 1,232 2.4% 53,338 175 0.3%Comp 522 1,461 (939) -64.3% 1,461 (939) -64.3%28 Day 180,271 185,014 (4,743) -2.6% 185,014 (4,743) -2.6%
Total Occupied Rooms 234,306 238,756 (4,450) -1.9% 239,813 (5,507) -2.3%
Vacant 144,743 104,169 40,574 39.0% 137,842 6,901 5.0%
Total Available Rooms 379,049 342,925 36,124 10.5% 377,655 1,394 0.4%
Percentage of OccupancyCash 14.1% 15.2% (1.1) -7.4% 14.1% (0.0) 0.0%Comp 0.1% 0.4% (0.3) -67.7% 0.4% (0.2) -64.4%28 Day 47.6% 54.0% (6.4) -11.8% 49.0% (1.4) -2.9%
Total Occupancy Percentage 61.8% 69.6% (7.8) -11.2% 63.5% (1.7) -2.7%
Vacant 38.2% 30.4% 7.8 25.7% 36.5% 1.7 4.6%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $1,769,861.68 $1,745,060.46 $24,801.22 1.4% $1,694,730.21 $75,131.47 4.4%Comp $19,686.50 $46,703.00 $11,732.94 25.1% $46,703.33 ($27,016.83) -57.8%28 Day $2,310,013.26 $2,356,427.20 $224,712.24 9.5% $2,356,427.63 ($46,414.37) -2.0%
Total Revenue $4,099,561.44 $4,148,190.66 ($48,629.22) -1.2% $4,097,861.17 $1,700.27 0.0%
Average Rates Cash $33.07 $33.38 ($0.30) -0.9% $31.77 $1.30 4.1%Comp $37.71 $31.97 $5.75 18.0% $31.97 $5.75 18.0%28 Day $12.81 $12.74 $0.08 0.6% $12.74 $0.08 0.6%
Reno Sparks Convention and Visitors Authority
RV Park Statistics - Year To Date
January 2008
Increase (Decrease) Increase (Decrease)
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 16,149 18,836 (2,687) -14.3% 18,652 (2,503) -13.4%Comp - - - 0.0% - - 0.0%28 Day 37,551 18,698 18,853 100.8% 18,698 18,853 100.8%
Total Occupied Rooms 53,700 37,534 16,166 43.1% 37,350 16,350 43.8%
Vacant 91,865 101,206 (9,341) -9.2% 97,791 (5,926) -6.1%
Total Available Rooms 145,565 138,740 6,825 4.9% 135,141 10,424 7.7%
Percentage of OccupancyCash 11.1% 13.6% (2.5) -18.3% 13.8% (2.7) -19.6%Comp 0.0% 0.0% - 0.0% 0.0% - 0.0%28 Day 25.8% 13.5% 12.3 91.4% 13.8% 12.0 86.4%
Total Occupancy Percentage 36.9% 27.1% 9.8 36.4% 27.6% 9.3 33.5%
Vacant 63.1% 72.9% (9.8) -13.5% 72.4% (9.3) -12.8%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $5,021,888.36 $5,624,935.00 ($603,046.64) -10.7% $5,358,744.72 ($336,856.36) -6.3%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $1,830,231.52 $888,424.00 $941,807.52 106.0% $888,423.56 $941,807.96 106.0%
Total Revenue $6,852,119.88 $6,513,359.00 $338,760.88 5.2% $6,247,168.28 $604,951.60 9.7%
Average Rates Cash $310.97 $298.63 $12.35 4.1% $287.30 $23.67 8.2%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $48.74 $47.51 $1.23 2.6% $47.51 $1.23 2.6%
Increase (Decrease)Increase (Decrease)
Reno Sparks Convention and Visitors Authority
Vacation Rental Statistics - Year To Date
January 2008
Actual Budget Amount % Percent Last Year Amount % PercentOccupied RoomsCash 45,412 45,778 (366) -0.8% 45,319 93 0.2%Comp - - - 0.0% - - 0.0%28 Day - - - 0.0% - - 0.0%
Total Occupied Rooms 45,412 45,778 (366) -0.8% 45,319 93 0.2%
Vacant 85,963 85,157 806 0.9% 81,276 4,687 5.8%
Total Available Rooms 131,375 130,935 440 0.3% 126,595 4,780 3.8%
Percentage of OccupancyCash 34.6% 35.0% (0.4) -1.1% 35.8% (1.2) -3.4%Comp 0.0% 0.0% - 0.0% 0.0% - 0.0%28 Day 0.0% 0.0% - 0.0% 0.0% - 0.0%
Total Occupancy Percentage 34.6% 35.0% (0.4) -1.1% 35.8% (1.2) -3.4%
Vacant 65.4% 65.0% 0.4 0.6% 64.2% 1.2 1.9%
Total (must equal 100.0%) 100.0% 100.0% 0.0 0.0% 100.0% 0.0 0.0%
Revenue Cash - Taxable $1,229,316.39 $1,012,979.00 $216,337.39 21.4% $1,289,740.67 ($60,424.28) -4.7%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%
Total Revenue $1,229,316.39 $1,012,979.00 $216,337.39 21.4% $1,289,740.67 ($60,424.28) -4.7%
Average Rates Cash $27.07 $22.13 $4.94 22.3% $28.46 ($1.39) -4.9%Comp $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%28 Day $0.00 $0.00 $0.00 0.0% $0.00 $0.00 0.0%
Increase (Decrease) Increase (Decrease)
Reno Sparks Convention and Visitors Authority
Timeshare Statistics - Year To Date
January 2008
Current Year To DateMonth Actual Actual
January Increase (Decrease) January Increase (Decrease)2008 Amount Amount % Percent Tax District 2008 Amount Amount % Percent
9,372,726 8,515,182 857,544 10.1% Reno B 76,254,101 71,096,024 5,158,078 7.3%5,943,103 6,346,361 (403,258) -6.4% Reno D 61,018,759 60,254,596 764,164 1.3%
107,903 131,836 (23,933) -18.2% Reno E 1,138,469 1,599,915 (461,446) -28.8%
15,423,731 14,993,379 430,353 2.9% Total Reno 138,411,330 132,950,535 5,460,795 4.1%
10,198 15,616 (5,417) -34.7% Washoe A 155,358 305,643 (150,285) -49.2%2,736,087 2,259,064 477,022 21.1% Washoe B 24,133,308 22,394,784 1,738,524 7.8%
2,746,285 2,274,680 471,605 20.7% Total Washoe Co. 24,288,667 22,700,427 1,588,239 7.0%
2,545,787 2,219,751 326,036 14.7% Sparks 21,470,230 21,866,954 (396,724) -1.8%
20,715,803 19,487,809 1,227,994 6.3% Total Taxable Revenue 184,170,227 177,517,916 6,652,310 3.7%
January 2008 January 2008
Reno Sparks Convention and Visitors AuthorityTaxable Revenue by District
January 2008
Last Year Actual Last Year - Year To Date Actual
