3504-21_CabCVB_AnnualReport_2021.indd

F I N A N C I A L A NNUA L R E P O R T

C A B A R R U S C O U N T Y L O D G I N G S T A T I S T I C S

FY2019

FY2020

FY2021

Room Occupancy

67.9%

57.6%

55.7%

Room Demand

636,624

550,835

523,040

Average Daily Rate

$ 101.93

$ 88.34

$ 81.13

Revenue Per Available Room

$ 69.49

$ 52.39

$ 45.83

Fiscal Year Occupancy Tax Collections

$6,000,000

$5,000,000

O C C U P A N C Y T A X C O L L E C T I O N S

$4,000,000

$3,000,000

$2,000,000

$1,000,000

$-

2 0 0 9

2 0 1 0

2 0 1 1

2 0 1 2

2 0 1 3

2 0 1 4

2 0 1 5

2 0 1 6

2 0 1 7

2 0 1 8

2 0 1 9

2 0 2 0

2 0 2 1

Source: STR

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