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July 2008 Room Statistics Taxable room revenues for the month total $25,253,823 and are below prior year by $5,447,020 (-17.7%). Cash occupied room nights of 322,365 are below prior year by 46,343 (-12.6%). Comp occupied room nights of 82,060 are above prior year by 6,344 (8.4%), and 28-Day occupied room nights of 113,604 are below prior year by 19,128 (-14.4%). Total occupied rooms for the month (Cash,Comp, 28-day) of 518,029 are 59,127 (-10.2%) below the prior year. Overall, Washoe County occupancy percentages of 67.1% for the month are 10.8% below the 75.2% level of the prior year. There were 5,096 (0.7%) more available rooms for the month. Overall cash average rates for the month of $78.34 are down $4.93 (-5.9%), compared to $83.27 for the prior year.

Available Rooms

Total Occupied Rooms

Hotels

473,852

339,740

71.7%

80.0%

(8.3)

-10.4%

Motels

70,556

35,589

50.4%

61.5%

(11.1)

-18.0%

28 Day

134,943

93,260

69.1%

77.1%

(8.0)

-10.4%

RV Parks

53,878

32,767

60.8%

68.3%

(7.5)

-11.0%

Timeshares

19,399

6,374

32.9%

47.5%

(14.6)

-30.7%

Vacation Rentals

19,563

10,299

52.6%

50.1%

2.5

Totals

772,191

518,029

67.1%

75.2%

(8.1)

Segments

Percentage of Occupancy Actual Last Year

CASH OCCUPIED ROOMS NIGHTS

Increase (Decrease) Amount % Percent

5.0% -10.8%

AVERAGE CASH RATES

$450.00

$350.00

250,000

$300.00

200,000

$250.00

$287.69

$400.00

$242.51

257,382

Motels Actual

28 Day

RV Parks

Timeshares

Vacation Rentals

$23.19

$20.59

$34.30

$0.00

Hotels

Motels

28 Day

RV Parks

Actual

Last Year

$32.89

$29.50

$28.76

$61.92

$50.00

0

Hotels

$57.99

5,082

4,741

9,032

6,374

9,459

$100.00

6,811

19,700

14,947

32,110

50,000

40,464

$150.00

100,000

$90.03

$200.00

150,000

$83.26

300,000

284,971

$500.00

350,000

Attached please find the detail statistics for each market segment. Contact: Tim D. Smith VP Finance tsmith@rscva.com 775-827-7637

Reno-Sparks Convention & Visitors Authority - P.O. Box 837 - Reno, Nevada 89504-0837

Timeshares

Last Year

Vacation Rentals


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

Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Taxable Room Revenues

$25,253,823

$30,515,098

($5,261,275)

-17.2%

$30,700,843

($5,447,020)

-17.7%

Occupied Rooms - Cash

322,365

356,820

(34,455)

-9.7%

368,708

(46,343)

-12.6%

$78.34

$85.52

($7.18)

-8.4%

$83.27

($4.93)

-5.9%

Occupied Rooms Cash Comp 28 Day

322,365 82,060 113,604

356,820 75,716 132,732

(34,455) 6,344 (19,128)

-9.7% 8.4% -14.4%

368,708 75,716 132,732

(46,343) 6,344 (19,128)

-12.6% 8.4% -14.4%

Total Occupied Rooms

518,029

565,268

(47,239)

-8.4%

577,156

(59,127)

-10.2%

Average Rate - Cash

Percentage of Occupancy Cash Comp 28 Day

41.7% 10.6% 14.7%

45.6% 9.7% 17.0%

(3.9) 0.9 (2.3)

-8.6% 9.3% -13.5%

48.1% 9.9% 17.3%

(6.4) 0.7 (2.6)

-13.3% 7.1% -15.0%

Total Percentage of Occupancy

67.1%

72.3%

(5.2)

-7.2%

75.2%

(8.1)

-10.8%

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

257,382 32,110 14,947 6,811 4,741 6,374

278,148 36,814 18,715 9,459 4,652 9,032

(20,766) (4,704) (3,768) (2,648) 89 (2,658)

-7.5% -12.8% -20.1% -28.0% 1.9% -29.4%

284,971 40,464 19,700 9,459 5,082 9,032

(27,589) (8,354) (4,753) (2,648) (341) (2,658)

-9.7% -20.6% -24.1% -28.0% -6.7% -29.4%

Total Occupied - Cash

322,365

356,820

(34,455)

-9.7%

368,708

(46,343)

-12.6%

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

54.3% 45.5% 11.1% 12.6% 24.2% 32.9%

57.6% 52.2% 13.8% 17.6% 23.7% 47.8%

(3.3) (6.7) (2.7) (5.0) 0.5 (14.9)

-5.7% -12.8% -19.6% -28.4% 2.1% -31.2%

63.1% 56.3% 13.2% 17.5% 24.2% 47.5%

(8.8) (10.8) (2.1) (4.9) 0.0 (14.6)

-13.9% -19.2% -15.9% -28.0% 0.0% -30.7%

Total Occupancy Percentage - Cash

41.7%

45.6%

(3.9)

-8.6%

48.1%

(6.4)

-13.3%

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

$83.26 $57.99 $28.76 $34.30 $242.51 $23.20

$91.99 $67.38 $28.25 $34.21 $304.85 $19.76

($8.73) ($9.39) $0.51 $0.09 ($62.34) $3.44

-9.5% -13.9% 1.8% 0.3% -20.4% 17.4%

$90.03 $61.92 $29.50 $32.89 $287.69 $20.59

($6.77) ($3.93) ($0.74) $1.41 ($45.18) $2.61

-7.5% -6.3% -2.5% 4.3% -15.7% 12.7%

$78.34

$85.52

($7.18)

-8.4%

$83.27

($4.93)

-5.9%


Reno Sparks Convention and Visitors Authority Combined Room Statistics

.

July 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

322,365 82,060 113,604

356,820 75,716 132,732

(34,455) 6,344 (19,128)

-9.7% 8.4% -14.4%

368,708 75,716 132,732

(46,343) 6,344 (19,128)

-12.6% 8.4% -14.4%

Total Occupied Rooms

518,029

565,268

(47,239)

-8.4%

577,156

(59,127)

-10.2%

Vacant

254,162

216,490

37,672

17.4%

189,939

64,223

33.8%

Total Available Rooms

772,191

781,758

(9,567)

-1.2%

767,095

5,096

0.7%

Percentage of Occupancy Cash Comp 28 Day

41.7% 10.6% 14.7%

45.6% 9.7% 17.0%

(3.9) 0.9 (2.3)

-8.6% 9.3% -13.5%

48.1% 9.9% 17.3%

(6.4) 0.7 (2.6)

-13.3% 7.1% -15.0%

Total Occupancy Percentage

67.1%

72.3%

(5.2)

-7.2%

75.2%

(8.1)

-10.8%

Vacant

32.9%

27.7%

5.2

18.8%

24.8%

8.1

32.7%

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

$25,253,823 $6,019,276 $2,386,293

$30,515,098 $5,298,508 $2,644,420

($5,261,275) $720,768 ($258,127)

-17.2% 13.6% -9.8%

$30,700,843 $5,298,508 $2,644,420

($5,447,020) $720,768 ($258,127)

-17.7% 13.6% -9.8%

Total Revenue

$33,659,392

$38,458,026

($4,798,634)

-12.5%

$38,643,771

($4,984,379)

-12.9%

($7.18) $3.37 $1.09

-8.4% 4.8% 5.5%

($4.93) $3.37 $1.09

-5.9% 4.8% 5.5%

Average Rates Cash Comp 28 Day

$78.34 $73.35 $21.01

$85.52 $69.98 $19.92

$83.27 $69.98 $19.92


Reno Sparks Convention and Visitors Authority Hotel Statistics July 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

257,382 81,767 591

278,148 75,489 795

(20,766) 6,278 (204)

-7.5% 8.3% -25.7%

284,971 75,489 795

(27,589) 6,278 (204)

-9.7% 8.3% -25.7%

Total Occupied Rooms

339,740

354,432

(14,692)

-4.1%

361,255

(21,515)

-6.0%

Vacant

134,112

128,858

5,254

4.1%

90,545

43,567

48.1%

Total Available Rooms

473,852

483,290

(9,438)

-2.0%

451,800

22,052

4.9%

Percentage of Occupancy Cash Comp 28 Day

54.3% 17.3% 0.1%

57.6% 15.6% 0.2%

(3.3) 1.7 (0.1)

-5.7% 10.9% -50.0%

63.1% 16.7% 0.2%

(8.8) 0.6 (0.1)

-13.9% 3.6% -50.0%

Total Occupancy Percentage

71.7%

73.3%

(1.6)

-2.2%

80.0%

(8.3)

-10.4%

Vacant

28.3%

26.7%

1.6

6.0%

20.0%

8.3

41.5%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$21,430,691 $6,006,910 $34,019

$25,585,735 $5,286,926 $56,316

($4,155,044) $719,984 ($22,297)

-16.2% 13.6% -39.6%

$25,655,274 $5,286,926 $56,316

($4,224,583) $719,984 ($22,297)

-16.5% 13.6% -39.6%

Total Revenue

$27,471,620

$30,928,977

($3,457,357)

-11.2%

$30,998,516

($3,526,896)

-11.4%

$83.26 $73.46 $57.56

$91.99 $70.04 $70.84

($8.73) $3.42 ($13.28)

-9.5% 4.9% -18.7%

$90.03 $70.04 $70.84

($6.77) $3.42 ($13.28)

-7.5% 4.9% -18.7%

Average Rates Cash Comp 28 Day


Reno Sparks Convention and Visitors Authority Motel Statistics July 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

32,110 186 3,293

36,814 122 3,558

(4,704) 64 (265)

-12.8% 52.5% -7.4%

40,464 122 3,558

(8,354) 64 (265)

-20.6% 52.5% -7.4%

Total Occupied Rooms

35,589

40,494

(4,905)

-12.1%

44,144

(8,555)

-19.4%

Vacant

34,967

30,062

4,905

16.3%

27,683

7,284

26.3%

Total Available Rooms

70,556

70,556

-

0.0%

71,827

(1,271)

-1.8%

Percentage of Occupancy Cash Comp 28 Day

45.5% 0.3% 4.7%

52.2% 0.2% 5.0%

(6.7) 0.1 (0.3)

-12.8% 50.0% -6.0%

56.3% 0.2% 5.0%

(10.8) 0.1 (0.3)

-19.2% 50.0% -6.0%

Total Occupancy Percentage

50.4%

57.4%

(7.0)

-12.2%

61.5%

(11.1)

-18.0%

Vacant

49.6%

42.6%

7.0

16.4%

38.5%

11.1

28.8%

100.0%

100.0%

0.0%

100.0%

-

0.0%

Total (must equal 100.0%)

-

Revenue Cash - Taxable Comp 28 Day

$1,862,063 $8,522 $120,135

$2,480,365 $7,076 $106,028

($618,302) $1,446 $14,107

-24.9% 20.4% 13.3%

$2,505,420 $7,076 $106,028

($643,357) $1,446 $14,107

-25.7% 20.4% 13.3%

Total Revenue

$1,990,720

$2,593,469

($602,749)

-23.2%

$2,618,524

($627,804)

-24.0%

$57.99 $45.82 $36.48

$67.38 $58.00 $29.80

($9.39) ($12.18) $6.68

-13.9% -21.0% 22.4%

$61.92 $58.00 $29.80

($3.93) ($12.18) $6.68

-6.3% -21.0% 22.4%

Average Rates Cash Comp 28 Day


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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

14,947 78,313

18,715 95,647

(3,768) (17,334)

-20.1% 0.0% -18.1%

19,700 95,647

(4,753) (17,334)

-24.1% 0.0% -18.1%

Total Occupied Rooms

93,260

114,362

(21,102)

-18.5%

115,347

(22,087)

-19.1%

Vacant

41,683

21,201

20,482

96.6%

34,166

7,517

22.0%

134,943

135,563

(620)

-0.5%

149,513

(14,570)

-9.7%

Total Available Rooms Percentage of Occupancy Cash Comp 28 Day

11.1% 0.0% 58.0%

13.8% 0.0% 70.6%

(2.7) (12.6)

-19.6% 0.0% -17.8%

13.2% 0.0% 64.0%

(2.1) (6.0)

-15.9% 0.0% -9.4%

Total Occupancy Percentage

69.1%

84.4%

(15.3)

-18.1%

77.1%

(8.0)

-10.4%

Vacant

30.9%

15.6%

15.3

98.1%

22.9%

8.0

34.9%

100.0%

100.0%

-

0.0%

100.0%

Total (must equal 100.0%)

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$429,876 $0 $1,598,607

$528,781 $0 $1,868,796

($98,905) $0 ($270,189)

-18.7% 0.0% -14.5%

$581,078 $0 $1,868,796

($151,202) $0 ($270,189)

-26.0% 0.0% -14.5%

Total Revenue

$2,028,483

$2,397,577

($369,094)

-15.4%

$2,449,874

($421,391)

-17.2%

$28.76 $0.00 $20.41

$28.25 $0.00 $19.54

1.8% 0.0% 4.5%

$29.50 $0.00 $19.54

($0.74) $0.00 $0.87

-2.5% 0.0% 4.5%

Average Rates Cash Comp 28 Day

$0.51 $0.00 $0.87


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

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

6,811 107 25,849

9,459 105 27,299

(2,648) 2 (1,450)

-28.0% 1.9% -5.3%

9,459 105 27,299

(2,648) 2 (1,450)

-28.0% 1.9% -5.3%

Total Occupied Rooms

32,767

36,863

(4,096)

-11.1%

36,863

(4,096)

-11.1%

Vacant

21,111

17,015

4,096

24.1%

17,108

4,003

23.4%

Total Available Rooms

53,878

53,878

-

0.0%

53,971

(93)

-0.2%

Percentage of Occupancy Cash Comp 28 Day

12.6% 0.2% 48.0%

17.6% 0.2% 50.7%

(5.0) (2.7)

-28.4% 0.0% -5.3%

17.5% 0.2% 50.6%

(4.9) (2.6)

-28.0% 0.0% -5.1%

Total Occupancy Percentage

60.8%

68.4%

(7.6)

-11.1%

68.3%

(7.5)

-11.0%

Vacant

39.2%

31.6%

7.6

24.1%

31.7%

7.5

23.7%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$233,612 $3,844 $335,264

$323,554 $4,506 $342,094

($89,942) ($662) ($6,830)

-27.8% -14.7% -2.0%

$311,110 $4,506 $342,094

($77,498) ($662) ($6,830)

-24.9% -14.7% -2.0%

Total Revenue

$572,720

$670,154

($97,434)

-14.5%

$657,710

($84,990)

-12.9%

$34.30 $35.93 $12.97

$34.21 $42.91 $12.53

$0.09 ($6.98) $0.44

0.3% -16.3% 3.5%

$32.89 $42.91 $12.53

$1.41 ($6.98) $0.44

4.3% -16.3% 3.5%

Average Rates Cash Comp 28 Day


Reno Sparks Convention and Visitors Authority Vacation Rental Statistics July 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

4,741 5,558

4,652 5,433

89 125

1.9% 0.0% 2.3%

5,082 5,433

(341) 125

-6.7% 0.0% 2.3%

10,299

10,085

214

2.1%

10,515

(216)

-2.1%

9,264

9,507

(243)

-2.6%

10,472

(1,208)

-11.5%

19,563

19,592

(29)

-0.1%

20,987

(1,424)

-6.8%

Percentage of Occupancy Cash Comp 28 Day

24.2% 0.0% 28.4%

23.7% 0.0% 27.7%

0.5 0.7

2.1% 0.0% 2.5%

24.2% 0.0% 25.9%

2.5

0.0% 0.0% 9.7%

Total Occupancy Percentage

52.6%

51.5%

1.1

2.1%

50.1%

2.5

5.0%

Vacant

47.4%

48.5%

(1.1)

-2.3%

49.9%

(2.5)

-5.0%

100.0%

100.0%

0.0%

100.0%

Total (must equal 100.0%)

-

-

0.0%

Revenue Cash - Taxable Comp 28 Day

$1,149,736 $0 $298,268

$1,418,165 $0 $271,186

($268,429) $0 $27,082

-18.9% 0.0% 10.0%

$1,462,026 $0 $271,186

($312,290) $0 $27,082

-21.4% 0.0% 10.0%

Total Revenue

$1,448,004

$1,689,351

($241,347)

-14.3%

$1,733,212

($285,208)

-16.5%

$242.51 $0.00 $53.66

$304.85 $0.00 $49.91

($62.34) $0.00 $3.75

-20.4% 0.0% 7.5%

$287.69 $0.00 $49.91

($45.18) $0.00 $3.75

-15.7% 0.0% 7.5%

Average Rates Cash Comp 28 Day


Reno Sparks Convention and Visitors Authority Timeshare Statistics July 2008 Actual

Increase (Decrease) Amount % Percent

Budget

Last Year

Increase (Decrease) Amount % Percent

Occupied Rooms Cash Comp 28 Day

6,374 -

9,032 -

(2,658) -

-29.4% 0.0% 0.0%

9,032 -

(2,658) -

-29.4% 0.0% 0.0%

Total Occupied Rooms

6,374

9,032

(2,658)

-29.4%

9,032

(2,658)

-29.4%

Vacant

13,025

9,847

3,178

32.3%

9,965

3,060

30.7%

Total Available Rooms

19,399

18,879

520

2.8%

18,997

402

2.1%

Percentage of Occupancy Cash Comp 28 Day

32.9% 0.0% 0.0%

47.8% 0.0% 0.0%

(14.9) -

-31.2% 0.0% 0.0%

47.5% 0.0% 0.0%

(14.6) -

-30.7% 0.0% 0.0%

Total Occupancy Percentage

32.9%

47.8%

(14.9)

-31.2%

47.5%

(14.6)

-30.7%

Vacant

67.1%

52.2%

14.9

28.5%

52.5%

14.6

27.8%

100.0%

100.0%

-

0.0%

100.0%

-

0.0%

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

$147,845 $0 $0

$178,498 $0 $0

($30,653) $0 $0

-17.2% 0.0% 0.0%

$185,935 $0 $0

($38,090) $0 $0

-20.5% 0.0% 0.0%

Total Revenue

$147,845

$178,498

($30,653)

-17.2%

$185,935

($38,090)

-20.5%

$23.20 $0.00 $0.00

$19.76 $0.00 $0.00

17.4% 0.0% 0.0%

$20.59 $0.00 $0.00

Average Rates Cash Comp 28 Day

$3.44 $0.00 $0.00

$2.61 $0.00 $0.00

12.7% 0.0% 0.0%


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

Current Month Actual July 2008

Last Year Actual

Amount

Year To Date

July 2007 Increase (Decrease) Amount % Percent

Tax District

Last Year - Year To Date Actual

Actual July 2008

Amount

July 2007 Increase (Decrease) Amount % Percent

10,519,114 6,874,854 131,544

11,436,163 10,020,585 166,175

(917,050) (3,145,731) (34,631)

-8.0% -31.4% -20.8%

Reno B Reno D Reno E

10,519,114 6,874,854 131,544

11,436,163 10,020,585 166,175

(917,050) (3,145,731) (34,631)

-8.0% -31.4% -20.8%

17,525,512

21,622,924

(4,097,412)

-18.9%

Total Reno

17,525,512

21,622,924

(4,097,412)

-18.9%

18,807 5,074,522

23,081 5,695,705

(4,274) (621,184)

-18.5% -10.9%

Washoe A Washoe B

18,807 5,074,522

23,081 5,695,705

(4,274) (621,184)

-18.5% -10.9%

5,093,329

5,718,786

(625,457)

-10.9%

Total Washoe Co.

5,093,329

5,718,786

(625,457)

-10.9%

2,634,981

3,359,132

(724,151)

-21.6%

Sparks

2,634,981

3,359,132

(724,151)

-21.6%

25,253,823

30,700,843

(5,447,020)

-17.7%

Total Taxable Revenue

25,253,823

30,700,843

(5,447,020)

-17.7%

Room_Tax_and_Occupancy_Statistics_July_2008  

Available Total Rooms Occupied Rooms Actual Last Year Amount % Percent Hotels Motels 28 Day RV Parks Timeshares Vacation Rentals Actual Las...