DAYS INN INVESTMENT OFFERING
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING
Priced at $1,050,000 Great Value at 3Xs Gross Revenue (GRM) Only $23,800 per Unit The Days Inn consists of 44 Units in two buildings that total approximately 19,000 sqft. The Property sits on 2.3 acres of land. The property amenities include; king and double-queen rooms, an indoor pool and jacuzzi, guest laundry facilities, and free internet access. The property is located in Parowan, Utah just 1 mile north of Interstate 15, exit #75 at State Highway 143 (turn off for Brian Head Ski Resort, Cedar Breaks, Zion & Bryce Canyon). The property fronts Highway 143.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES 2 W. St. George Blvd., Suite 37N St. George, Utah 84770
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Real Estate Asset Strategies and should not be made available to any other person or entity without the written consent of Real Estate Asset Strategies. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Real Estate Asset Strategies has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Real Estate Asset Strategies has not verified, and will not verify, any of the information contained herein, nor has Real Estate Asset Strategies conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT JEFF REBER OR GREG WHITEHEAD AT REAL ESTATE ASSET STRATEGIES FOR MORE DETAILS.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING EXECUTUVE SUMMARY: Days Inn, Parowan, Utah Property Summary: Built in 1989 2.3 Acres Approx. 1 acre add’l development 44 units 2– manager’s apartments Large Reception Center (Upstairs) Large Breakfast area with full kitchen Rec-room with pool table and bathrooms Indoor swimming pool and Jacuzzi 23 Double Queen Rooms 21 King Rooms Pet Friendly Guest Laundry Facilities Tour Bus Parking area Brian Head Ski Package available Investment Summary: $1,050,000 Sales Price $22,826/Unit (including Mngr Apts) $337,550 2012 Gross Revenue (3 X GRM) $95,056 2012 Net Operating Income 9% CAP on 2012 NOI (10.1% CAP on 2011) Seller may carry Financing with substantial Down 2012 Average Occupancy during peak months (4) - 63% 2012 Average Occupancy during busy months (9) - 42% 2012 Average Occupancy during slow months (2) - 20% Ttl Rooms rented in 2012 - 6,373 Owned Fee Simple Buyer’s Potential New Loan Package: (Not Seller Financing) 75% LTV—5.5% Amortized over 25 years Required Capital at closing: approx. $262,500 Debt Amount: $787,500 Monthly Debt Service—$4,836 Monthly Cash flow after Debt: $3,085 Debt Coverage: 1.57% Real Estate Asset Strategies, LLC (Jeff Reber and Greg Whitehead) has been retained by the Owner of the Property to be the exclusive broker to market and sell the 44 unit Days Inn, located in Parowan, Utah.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING EXECUTIVE SUMMARY (Continued) EXTERIOR DETAIL: Foundation Framing Exterior Parking Surface Roof Plumbing Elevator HVAC Fire / Life / Safety
Concrete Wood Stucco Asphalt Asphalt Shingles PVC, Copper None Central in Lobby, PTAC in Guestrooms Smoke Alarm, Fire Extinguishers
INTERIOR DETAIL: Heating System Condition of Heating System Cooling System Condition of Cooling System Type of Bath/Shower Condition of Bath/Shower Bathroom Tile Type Condition of Bathroom Tile Type of Furniture Condition of Furniture Window Coverings Condition of Window Room Floor Coverings Condition of Floor Coverings Wall Coverings Condition of Wall Coverings Microwave/Refrigerator Condition of Internet Access
PTAC Good PTAC Good Combination Good Ceramic Good Standard Fair Drapes Good Carpet Fair Paint Good Yes, In all Rooms Good WI-FI
All rooms include a hair dryer, iron and ironing board (available at front desk), coffee maker & coffee, cable televisions, dresser drawers and luggage-storage areas. The walls are painted and include photos and paintings of local landscape features. The window treatments are draw draperies. Each room has an individually controlled electric HVAC system. Amenities include continental breakfast, business center, a guest laundry facility (one washer and one dryer), indoor pool and hot tub. The nightly room rate includes a complementary continental breakfast.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING ADDITIONAL PROPERTY INFORMATION: Assessor's Parcel #: 00-141-23 Transient Occupancy Tax Rate:
10.5%
Detailed Room Breakdown: Double Queen Rooms: 23 King Rooms: 21 Smoking Rooms (included above): 5 Manager’s Unit: There are two, 2 bedroom, one bath manager’s apartments next to the lobby area. Utilities: Electricity: City Gas: Questar Water: City Sewer: City Trash: City Phone/Internet: Qwest/CenturyLink Franchise: Parent: Wyndham Group Brand: Days Inn Application Fee: $1,500 (Paid by Buyer) Royalty Fees: 5.5% Marketing Fees: 3.8% Transfer Fee: Up to $35,000 (Paid by Buyer—may be able to purchase partnership)
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected]
REAL ESTATE ASSET STRATEGIES
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING The Days Inn is a full service hotel with 44 units, including two - 2 bedroom manager’s apartments, an indoor swimming pool and Jacuzzi, a large reception center, a separate large breakfast area (with full kitchen), and guest laundry facilities. It is comprised of two buildings that form an “L” shape running south (perpendicular) off of Highway 143, just 1 mile east of the I-15 interchange (Exit #75 - turn off to Brian Head Ski Resort). Both buildings are constructed of wood, brick, stucco and concrete with outside entrances. There are approximately 23 double queen rooms and 21 king rooms. All rooms have mini-fridges, microwaves, cable TV, and free high speed internet. This property includes an additional acre of land adjacent to the property with frontage on Highway 143. The Days Inn has averaged approximately 60% occupancy during “Peak Season” (June thru Sept). See the attached occupancy report for details. The average nightly rental rate is approximately $45 to $50 per room per night. Nightly rates depend on season and local activities and vary between $45 and $80 per room per night. http://www.daysinn.com/hotels/utah/parowan/days-inn-parowan/hotel-overview?hotel_id=06992
This is an excellent investment opportunity far enough off the freeway to eliminate the traffic sounds and sits right at the gateway to Brian Head Ski Resort (closest good snow ski resort to the Las Vegas market), Cedar Breaks National Monument, Zion and Bryce Canyon National Parks, and Cedar Mountain. It sits just 10 minutes north of the dynamic Cedar City area. There are currently 49 major points of interest within a two to three hour drive from this location. These points of interest include, in addition to the above; Lake Powell, Las Vegas, Lake Mead, Pine Valley Mountain, Snow Canyon, North Rim of the Grand Canyon, Escalante Staircase National Monument, and many more points of tourism. The adjacent properties include the main grocery store for the town of Parowan, several fast food restaurants as well as a few sit down restaurants. The majority of retail is less than 2 miles away in downtown Parowan and includes several cafes, a movie theater, retail boutiques and the City's offices. This property also provides an additional acre of ready to develop land (includes all utilities and infrastructure). This extra land could provide significant future expansion for the hotel or additional retail or highway related commercial development.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES 2 W. St. George Blvd., Suite 37N St. George, Utah 84770
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING ECONOMIC SUMMARY The Days Inn has a 2012 Gross Revenue of approximately $337,551 dollars - an approximate 3 Xs Gross pricing. The average gross revenue per room for YE 2012 was approximately $639.30 per month per unit. The cost per unit, based on the asking price of $1,050,000 million is approximately $23,863. Average Occupancy varies based on season. Both Summer and Winter months are considered “busy season’ months. The transition months of November and April are considered slower business months. Occupancy rates and rental rates are much higher on weekends and during special events. Nightly rates during the busy seasons vary, with weekends usually averaging between $65 and $80 per room. The slow months (late March thru April and November typically show rates between $45 and $55 per room. All rooms include mini-fridges, microwaves, hair dryers, cable TV, and free internet. The Days Inn is a part of the Wyndham Group of Hotels. Average occupancy rates for the Cedar/Parowan area fluctuate based on the season, but have averaged between 50% and 55% for the last few years. Average nightly rates have averaged between $40 to $60 for the older hotels, and in the $80 to $120 for the new hotels.
For a complete financial package the Seller is requiring a Confidentiality Agreement be signed. TOURISM AND DEMOGRAPHICS As mentioned earlier, there are 49 points of interest that draw approximately 16 million “visitations” per year. These visits represent approximately 5 to 7 million tourists per year. The State of Utah has determined that these visitors stay an average of 3.5 nights and spend on average $89 per day. In addition, the State of Utah has projected the growth in Southern Utah will exceed 600,000 by 2050. Current population base is approximately 250,000. Parowan's population is currently at approximately 3,500. The Cedar City area has an approximate population of 30,000 and is increasing between 1% and 2% per year. The new Regional Airport in St. George opened January12, 2011. There is also a regional commercial airport in Cedar City, and Parowan has a small municipal airport approximately 3 miles from the property.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES 2 W. St. George Blvd., Suite 37N St. George, Utah 84770
Days Inn Hotel - Monthly Income Data Sheet 2009 - 2012 2009
2010
2011
2012
$34,259
$26,527
$23,709
$14,771
59.5%
$24,816.50
$30,384
$24,051
$24,025
$20,738
83.6%
$24,799.50
$23,995
$21,690
$21,417
$17,915
84.3%
$21,254.25
$15,147
$22,121
$22,372
$18,609
95.1%
$19,562.25
$18,580
$14,499
$21,060
$27,184
133.7%
$20,330.75
$36,039
$42,161
$38,007
$45,931
113.3%
$40,534.50
$40,119
$39,481
$50,138
$49,452
110.4%
$44,797.50
$22,443
$33,854
$39,552
$47,450
132.5%
$35,824.75
$22,469
$31,705
$41,263
$36,658
111.0%
$33,023.75
$18,406
$25,547
$25,368
$20,307
90.6%
$22,407.00
% of Avg
4 Year Monthly Average
January February March April May June July August September October November December
$10,394
$15,785
$12,450
$8,893
74.9%
$11,880.50
$22,417
$30,098
$29,765
$29,646
105.9%
$27,981.50
Totals
$ 294,652
$ 327,519
$ 349,126 $337,554
106.7%
$327,212.75
Days Inn Hotel - Monthly Occupancy Data Sheet 2009 - 2012 January February March April May June July August September October November December AVG Eco. Rate
2009
2010
2011
2012
47.58%
35.04%
31.30%
20.82%
61.8%
33.7%
50.73%
34.33%
32.87%
31.01%
83.3%
37.2%
43.26%
29.55%
28.45%
24.63%
78.3%
31.5%
31.36%
29.77%
31.14%
26.89%
90.3%
29.8%
38.71%
22.14%
29.11%
40.84%
124.9%
32.7%
60.00%
59.92%
51.06%
61.89%
106.3%
58.2%
60.48%
52.49%
64.30%
69.50%
112.7%
61.7%
38.42%
46.11%
53.01%
66.50%
130.4%
51.0%
36.82%
44.24%
57.95%
54.39%
112.5%
48.4%
30.35%
32.26%
35.63%
29.11%
91.4%
31.8%
20.76%
21.59%
18.41%
13.64%
73.3%
18.6%
39.52%
34.82%
36.44%
36.07%
98.3%
36.7%
33.4%
37.1%
39.5%
38.2%
INVESTMENT OFFERING
Priced at $1,050,000 Great Value at 3Xs Gross Revenue (GRM) Only $23,800 per Unit The Days Inn consists of 44 Units in two buildings that total approximately 19,000 sqft. The Property sits on 2.3 acres of land. The property amenities include; king and double-queen rooms, an indoor pool and jacuzzi, guest laundry facilities, and free internet access. The property is located in Parowan, Utah just 1 mile north of Interstate 15, exit #75 at State Highway 143 (turn off for Brian Head Ski Resort, Cedar Breaks, Zion & Bryce Canyon). The property fronts Highway 143.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES 2 W. St. George Blvd., Suite 37N St. George, Utah 84770
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Real Estate Asset Strategies and should not be made available to any other person or entity without the written consent of Real Estate Asset Strategies. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Real Estate Asset Strategies has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Real Estate Asset Strategies has not verified, and will not verify, any of the information contained herein, nor has Real Estate Asset Strategies conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT JEFF REBER OR GREG WHITEHEAD AT REAL ESTATE ASSET STRATEGIES FOR MORE DETAILS.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING EXECUTUVE SUMMARY: Days Inn, Parowan, Utah Property Summary: Built in 1989 2.3 Acres Approx. 1 acre add’l development 44 units 2– manager’s apartments Large Reception Center (Upstairs) Large Breakfast area with full kitchen Rec-room with pool table and bathrooms Indoor swimming pool and Jacuzzi 23 Double Queen Rooms 21 King Rooms Pet Friendly Guest Laundry Facilities Tour Bus Parking area Brian Head Ski Package available Investment Summary: $1,050,000 Sales Price $22,826/Unit (including Mngr Apts) $337,550 2012 Gross Revenue (3 X GRM) $95,056 2012 Net Operating Income 9% CAP on 2012 NOI (10.1% CAP on 2011) Seller may carry Financing with substantial Down 2012 Average Occupancy during peak months (4) - 63% 2012 Average Occupancy during busy months (9) - 42% 2012 Average Occupancy during slow months (2) - 20% Ttl Rooms rented in 2012 - 6,373 Owned Fee Simple Buyer’s Potential New Loan Package: (Not Seller Financing) 75% LTV—5.5% Amortized over 25 years Required Capital at closing: approx. $262,500 Debt Amount: $787,500 Monthly Debt Service—$4,836 Monthly Cash flow after Debt: $3,085 Debt Coverage: 1.57% Real Estate Asset Strategies, LLC (Jeff Reber and Greg Whitehead) has been retained by the Owner of the Property to be the exclusive broker to market and sell the 44 unit Days Inn, located in Parowan, Utah.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING EXECUTIVE SUMMARY (Continued) EXTERIOR DETAIL: Foundation Framing Exterior Parking Surface Roof Plumbing Elevator HVAC Fire / Life / Safety
Concrete Wood Stucco Asphalt Asphalt Shingles PVC, Copper None Central in Lobby, PTAC in Guestrooms Smoke Alarm, Fire Extinguishers
INTERIOR DETAIL: Heating System Condition of Heating System Cooling System Condition of Cooling System Type of Bath/Shower Condition of Bath/Shower Bathroom Tile Type Condition of Bathroom Tile Type of Furniture Condition of Furniture Window Coverings Condition of Window Room Floor Coverings Condition of Floor Coverings Wall Coverings Condition of Wall Coverings Microwave/Refrigerator Condition of Internet Access
PTAC Good PTAC Good Combination Good Ceramic Good Standard Fair Drapes Good Carpet Fair Paint Good Yes, In all Rooms Good WI-FI
All rooms include a hair dryer, iron and ironing board (available at front desk), coffee maker & coffee, cable televisions, dresser drawers and luggage-storage areas. The walls are painted and include photos and paintings of local landscape features. The window treatments are draw draperies. Each room has an individually controlled electric HVAC system. Amenities include continental breakfast, business center, a guest laundry facility (one washer and one dryer), indoor pool and hot tub. The nightly room rate includes a complementary continental breakfast.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING ADDITIONAL PROPERTY INFORMATION: Assessor's Parcel #: 00-141-23 Transient Occupancy Tax Rate:
10.5%
Detailed Room Breakdown: Double Queen Rooms: 23 King Rooms: 21 Smoking Rooms (included above): 5 Manager’s Unit: There are two, 2 bedroom, one bath manager’s apartments next to the lobby area. Utilities: Electricity: City Gas: Questar Water: City Sewer: City Trash: City Phone/Internet: Qwest/CenturyLink Franchise: Parent: Wyndham Group Brand: Days Inn Application Fee: $1,500 (Paid by Buyer) Royalty Fees: 5.5% Marketing Fees: 3.8% Transfer Fee: Up to $35,000 (Paid by Buyer—may be able to purchase partnership)
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected]
REAL ESTATE ASSET STRATEGIES
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING The Days Inn is a full service hotel with 44 units, including two - 2 bedroom manager’s apartments, an indoor swimming pool and Jacuzzi, a large reception center, a separate large breakfast area (with full kitchen), and guest laundry facilities. It is comprised of two buildings that form an “L” shape running south (perpendicular) off of Highway 143, just 1 mile east of the I-15 interchange (Exit #75 - turn off to Brian Head Ski Resort). Both buildings are constructed of wood, brick, stucco and concrete with outside entrances. There are approximately 23 double queen rooms and 21 king rooms. All rooms have mini-fridges, microwaves, cable TV, and free high speed internet. This property includes an additional acre of land adjacent to the property with frontage on Highway 143. The Days Inn has averaged approximately 60% occupancy during “Peak Season” (June thru Sept). See the attached occupancy report for details. The average nightly rental rate is approximately $45 to $50 per room per night. Nightly rates depend on season and local activities and vary between $45 and $80 per room per night. http://www.daysinn.com/hotels/utah/parowan/days-inn-parowan/hotel-overview?hotel_id=06992
This is an excellent investment opportunity far enough off the freeway to eliminate the traffic sounds and sits right at the gateway to Brian Head Ski Resort (closest good snow ski resort to the Las Vegas market), Cedar Breaks National Monument, Zion and Bryce Canyon National Parks, and Cedar Mountain. It sits just 10 minutes north of the dynamic Cedar City area. There are currently 49 major points of interest within a two to three hour drive from this location. These points of interest include, in addition to the above; Lake Powell, Las Vegas, Lake Mead, Pine Valley Mountain, Snow Canyon, North Rim of the Grand Canyon, Escalante Staircase National Monument, and many more points of tourism. The adjacent properties include the main grocery store for the town of Parowan, several fast food restaurants as well as a few sit down restaurants. The majority of retail is less than 2 miles away in downtown Parowan and includes several cafes, a movie theater, retail boutiques and the City's offices. This property also provides an additional acre of ready to develop land (includes all utilities and infrastructure). This extra land could provide significant future expansion for the hotel or additional retail or highway related commercial development.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES 2 W. St. George Blvd., Suite 37N St. George, Utah 84770
DAYS INN PAROWAN, UTAH
INVESTMENT OFFERING ECONOMIC SUMMARY The Days Inn has a 2012 Gross Revenue of approximately $337,551 dollars - an approximate 3 Xs Gross pricing. The average gross revenue per room for YE 2012 was approximately $639.30 per month per unit. The cost per unit, based on the asking price of $1,050,000 million is approximately $23,863. Average Occupancy varies based on season. Both Summer and Winter months are considered “busy season’ months. The transition months of November and April are considered slower business months. Occupancy rates and rental rates are much higher on weekends and during special events. Nightly rates during the busy seasons vary, with weekends usually averaging between $65 and $80 per room. The slow months (late March thru April and November typically show rates between $45 and $55 per room. All rooms include mini-fridges, microwaves, hair dryers, cable TV, and free internet. The Days Inn is a part of the Wyndham Group of Hotels. Average occupancy rates for the Cedar/Parowan area fluctuate based on the season, but have averaged between 50% and 55% for the last few years. Average nightly rates have averaged between $40 to $60 for the older hotels, and in the $80 to $120 for the new hotels.
For a complete financial package the Seller is requiring a Confidentiality Agreement be signed. TOURISM AND DEMOGRAPHICS As mentioned earlier, there are 49 points of interest that draw approximately 16 million “visitations” per year. These visits represent approximately 5 to 7 million tourists per year. The State of Utah has determined that these visitors stay an average of 3.5 nights and spend on average $89 per day. In addition, the State of Utah has projected the growth in Southern Utah will exceed 600,000 by 2050. Current population base is approximately 250,000. Parowan's population is currently at approximately 3,500. The Cedar City area has an approximate population of 30,000 and is increasing between 1% and 2% per year. The new Regional Airport in St. George opened January12, 2011. There is also a regional commercial airport in Cedar City, and Parowan has a small municipal airport approximately 3 miles from the property.
For more information please call JEFF REBER or GREG WHITEHEAD
435-656-8238 email at: [email protected] or [email protected]
REAL ESTATE ASSET STRATEGIES 2 W. St. George Blvd., Suite 37N St. George, Utah 84770
Days Inn Hotel - Monthly Income Data Sheet 2009 - 2012 2009
2010
2011
2012
$34,259
$26,527
$23,709
$14,771
59.5%
$24,816.50
$30,384
$24,051
$24,025
$20,738
83.6%
$24,799.50
$23,995
$21,690
$21,417
$17,915
84.3%
$21,254.25
$15,147
$22,121
$22,372
$18,609
95.1%
$19,562.25
$18,580
$14,499
$21,060
$27,184
133.7%
$20,330.75
$36,039
$42,161
$38,007
$45,931
113.3%
$40,534.50
$40,119
$39,481
$50,138
$49,452
110.4%
$44,797.50
$22,443
$33,854
$39,552
$47,450
132.5%
$35,824.75
$22,469
$31,705
$41,263
$36,658
111.0%
$33,023.75
$18,406
$25,547
$25,368
$20,307
90.6%
$22,407.00
% of Avg
4 Year Monthly Average
January February March April May June July August September October November December
$10,394
$15,785
$12,450
$8,893
74.9%
$11,880.50
$22,417
$30,098
$29,765
$29,646
105.9%
$27,981.50
Totals
$ 294,652
$ 327,519
$ 349,126 $337,554
106.7%
$327,212.75
Days Inn Hotel - Monthly Occupancy Data Sheet 2009 - 2012 January February March April May June July August September October November December AVG Eco. Rate
2009
2010
2011
2012
47.58%
35.04%
31.30%
20.82%
61.8%
33.7%
50.73%
34.33%
32.87%
31.01%
83.3%
37.2%
43.26%
29.55%
28.45%
24.63%
78.3%
31.5%
31.36%
29.77%
31.14%
26.89%
90.3%
29.8%
38.71%
22.14%
29.11%
40.84%
124.9%
32.7%
60.00%
59.92%
51.06%
61.89%
106.3%
58.2%
60.48%
52.49%
64.30%
69.50%
112.7%
61.7%
38.42%
46.11%
53.01%
66.50%
130.4%
51.0%
36.82%
44.24%
57.95%
54.39%
112.5%
48.4%
30.35%
32.26%
35.63%
29.11%
91.4%
31.8%
20.76%
21.59%
18.41%
13.64%
73.3%
18.6%
39.52%
34.82%
36.44%
36.07%
98.3%
36.7%
33.4%
37.1%
39.5%
38.2%
