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7 <br /> Financial Projections: <br /> It's not going to get better soon. The Visitors Bureau is projecting that 2021 <br /> revenues will reach $24,362,261. This is a 15.7% improvement over 2020 and is <br /> 45.7% of the 2019 revenues. <br /> Comparison 2019 2020 2021 Varto 2D19 Var to 2D20 <br /> Demand 410,301 204,416 239,652 -170,649 35,236 <br /> Revenue 53,295,011 21,056,945 24,362,261 -28,932,750 3,305,316 <br /> ADR 129.89 103.01 101.66 -28.24 -1.35 <br /> Calendar Year Comparison <br /> 6D,DDD,DDD <br /> 50,ono,000 <br /> 40,ono,ona <br /> M'Ow,om <br /> 1o,ono,ona <br /> kiwi <br /> Annual <br /> ■CY2019 ■CY2020 ■CY2021 <br /> Also, of Note: <br /> The Visitors Bureau will move from its current location at 501 W. Franklin Street <br /> in spring 2021 as part of WELL, Inc., expansion in Chapel Hill into this county <br /> owned property. <br /> Currently the Visitors Bureau, in conjunction with AMS is readying for a spring <br /> move to 308 W. Franklin Street (next to Mellow Mushroom), which provides easy <br /> access for visitors and will help contribute to an economic rebirth for downtown <br /> communities. <br />