GHRA Hotel Occupancy Report – July 2013

 SUMMARY STATISTICAL REPORT JULY 2013 (Released September 6, 2013)

Number of Hotels in GHRA 24 Number of Rooms under Construction 0

Number of Existing Hotel Rooms 7,321 Capacity in Room Nights 171,614

Number of Rooms under Renovation 125 Room-Employee Ratio:

1.74(Room to 1 Employee)

Rev Par 2013 $103.36

Rev Par 2012 $98.12

2012 YTD 2013 YTD YTD CHANGE Jul-12 Jul-13 CHANGE

NUMBER OF HOTELS  REPORTING 15 13 -2

Room Nights Available for Sale 1,279,117 1,218,619 -5% 170,717 171,614 1%

HOTEL OCCUPANCY RATES

Room Nights Sold 996,806 930,497 -7% 134,128 129,449 -3%

Low Average 45% 46% 1 pt. 33% 30% (3 pts.)

Mean Average 75% 76% 1 pt. 72% 78% 6 pt.

Weighted Average 78% 77% (1 pt.) 79% 75% (4 pts.)

High Average 90% 91% 1 pt. 89% 105% 16 pts.

HOTEL ROOM RATES

Low Average $45 $53 18% $44 $45 2%

Mean Average $106 $120 13% $103 $119 16%

Weighted Average $119 $131 10% $125 $137 10%

High Average $162 $179 10% $165 $171 4%

GROSS RECEIPTS TAX PAID $9,252,735 $9,467,969 2% $1,428,779 $1,390,969 -3%

ROOM OCCUPANCY TAX PAID $11,943,485 $12,631,100 6% $1,576,600 $1,758,604 12%

PAX ARRIVAL COUNT – JGTA 522,346 514,581 -1% 76,745 69,647 -9%

PAX ARRIVAL COUNT – KOREA  96,586 134,425 39% 17,466 22,006 26%

PAX ARRIVAL COUNT – TAIWAN 30,782 28,624 -7% 5,536 5,946 7%

PAX ARRIVAL COUNT – CHINA, P.R.C 5,303 6,578 24% 642 797 24%

PAX ARRIVAL COUNT – RUSSIA 2,008 4,177 108% 427 408 -4%

GVB TOTAL ARRIVAL COUNT  732,514 763,049 4% 111,970 110,872 -1%

ANALYSIS:  The month of July reflected  an increase of 1% change in the number of room nights available for sale and decreased -3% in the number of room nights sold compared to the same period

last year, 2012. The Weighted Average Occupancy Rate decreased  4 points to reflect  75%.  The Weighted Average Room Rate inceased 10% at $137. Preliminary arrival numbers from the Guam

Visitors Bureau showed a -1% decrease in total arrivals for the month of July.  JGTA reflected a decrease of -9% while the Korea market increased at 26%  and the Taiwan market reflects a 7%

compared to 2012.  The mainland China market reflects a 24% increase and the Russia market reflects a -4% decrease for the month of July 2013 as compared to the same period 2012.

Weighted Average Occupancy = Sum of Room Nights Sold divided by total number of Room Nights Available for sale by reporting hotels.

Weighted Average Room Rate = Sum of all Room Sales divided by sum of all Room Nights Sold by Reporting Hotels.

Room Employee Ratio = (Hotel Rooms/Total Number of Employees from Reporting Hotels).  

* As of release date, ten hotels have not reported information to the Guam Hotel & Restaurant Association.