49.9 % $164.14 $81.84 28.5% 0.5% 28.9% Source: STR STR - - PowerPoint PPT Presentation

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49.9 % $164.14 $81.84 28.5% 0.5% 28.9% Source: STR STR - - PowerPoint PPT Presentation

Oct 31, 2022 177 likes •301 views

STR CALENDAR YEAR-TO-DATE September 2020 OCCUPANCY ADR REVPAR 49.9 % $164.14 $81.84 28.5% 0.5% 28.9% Source: STR STR CALENDAR YEAR-TO-DATE September 2020 OCCUPANCY ADR REVPAR 49.9% $164.14 $81.84 LEE 28.5% 0.5% 28.9% 48.7%

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SLIDE 1

STR CALENDAR YEAR-TO-DATE

September 2020

49.9%

28.5%

OCCUPANCY

$164.14

0.5%

ADR

$81.84

28.9%

REVPAR

Source: STR

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SLIDE 2

STR CALENDAR YEAR-TO-DATE

September 2020

OCCUPANCY ADR REVPAR LEE

49.9% $164.14 $81.84

28.5% 0.5% 28.9% FL

48.7% $138.87 $67.67

33.4% 5.5% 37.1% US

44.8% $106.22 $47.59

33.6% 19.5% 46.6%

Source: STR

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SLIDE 3

BED TAX FYTD

$36,387,675

August 2020

  • 11.5%

Source: Lee County Clerk of Court

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SLIDE 4

Source: Lee County Port Authority

RSW provides nonstop service to 49 destinations by 11 air carries. Nonstop service to Canada resumed on October 10!

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SLIDE 5

Origin State Share Changes Over Time Mar 15 – Sep 30, 2020 v Mar 15 – Sep 30, 2019

0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% OH IL GA IN PA MI NC NY KY TN

Out of State Trip Share Detail

2019 2020 46.6% 53.4% 67.1% 32.9% FL OOS

Trip Share

2019 2020

Trip Share up in-state, and from Ohio, Illinois, Georgia, and Indiana.

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SLIDE 6

Origin State Share Changes Over Time Mar 15 – Sep 30, 2020 v Mar 15 – Sep 30, 2019

Atlanta gains share, while share down substantially for many Out of State DMAs.

DMA 2019 2020 (ranked for) % Change

Miami/Fort Laud. 14.4% 27.5% 90.9% Tampa/Saint Pete 16.4% 20.4% 24.4% West Palm Beach 5.7% 7.6% 33.7% Orlando/Daytona 6.2% 7.4% 19.4% Chicago 4.0% 2.5%

  • 37.5%

Atlanta 2.3% 2.3% 0.8% Fort Myers/Naples 1.0% 1.7% 62.9% JAX-Brunswick 1.4% 1.5% 9.9% New York 4.8% 1.4%

  • 70.2%

Indianapolis 1.6% 1.2%

  • 25.0%

0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%

DMA (Shortened) Ranked for 2020

2019 2020

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SLIDE 7 3.7 2.4 4.7 3.7 2.9 5.4 0.0 1.0 2.0 3.0 4.0 5.0 6.0 Overall In - State Out of State All Trip Average Unique Days 2020 2019

Length of Stay Shifts Over Time

Mar 15 – Sep 30, 2020 v Mar 15 – Sep 30, 2019 Average Length of Stay Nudges Upwards in All Categories.

4.3 3.1 5.0 4.5 3.8 5.7 0.0 1.0 2.0 3.0 4.0 5.0 6.0 Overall In - State Out of State

Overnight Trip Average Unique Days

2020 2019
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SLIDE 8

57%

Feel safe going to a beach

Source: DSG Consumer Sentiment Study Wave 6

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SLIDE 9

52%

Feel safe to vacation again

Source: DSG Consumer Sentiment Study Wave 6

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SLIDE 10

1 in 3

Vacation planned for next 2 months

Source: DSG Consumer Sentiment Study Wave 6

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SLIDE 11

STR PROJECTIONS

Lee County

OCCUPANCY ADR REVPAR 2020

50.6% $154.71 $78.28

26.5% 1.6% 27.7% 2021

62.2% $154.63 $96.15

22.9% 0.1% 22.8%

Source: STR