HomeMy WebLinkAbout05. Vail Executive Summary 2024-05-31Destination: Vail
May (Actual) May (Actual)
Paid Occupancy 21.1%16.7%26.0%Paid Occupancy 26.7%24.7%8.3%
ADR $223 $264 -15.7%ADR $267 $256 4.4%
June (On The Books) June (On The Books)
Paid Occupancy 39.9%39.7%0.5%Paid Occupancy 43.7%43.2%1.1%
ADR $335 $346 -3.2%ADR $410 $397 3.2%
July (On The Books) July (On The Books)
Paid Occupancy 42.8%40.6%5.4%Paid Occupancy 45.2%43.0%5.0%
ADR $424 $429 -1.2%ADR $467 $472 -1.1%
August (On The Books) August (On The Books)
Paid Occupancy 26.6%30.1%-11.7%Paid Occupancy 31.9%30.4%5.0%
ADR $411 $379 8.6%ADR $464 $449 3.3%
September (On The Books) September (On The Books)
Paid Occupancy 24.9%21.8%14.3%Paid Occupancy 27.7%26.8%3.5%
ADR $322 $316 1.9%ADR $377 $372 1.1%
October (On The Books) October (On The Books)
Paid Occupancy 8.8%8.1%8.6%Paid Occupancy 12.2%12.3%-1.2%
ADR $264 $253 4.0%ADR $301 $290 3.8%
November (On The Books) November (On The Books)
Paid Occupancy 6.2%4.5%39.6%Paid Occupancy 4.5%4.9%-9.4%
ADR $268 $419 -36.2%ADR $303 $316 -4.2%
2024 2023
Year over
Year %
Difference
2024 2023
Year over
Year %
Difference
May 4.0%4.3%-6.2%May 5.5%4.3%26.5%
Bookings as of May 31, 2024
Data based on a sample of up to 27 properties in the Vail destination, representing up to 2,600 Units ('DestiMetrics Census'*) and 68.46% of 3,797
total units in the Vail destination ('Destination Census'**)
Vail
Year over
Year %
Difference
DestiMetrics - Industry West
Year over
Year %
Difference
Booking Pace
(Current Month)
Booking Pace (Current
Month)
2023202420232024
* DestiMetrics Census: Total number of rooms reported by participating DestiMetrics properties as available for short -term rental in the reporting month. This
number can vary monthly as inventories and report participants change over time.
** Destination Census: The total number of rooms available for rental within the community as established by the Vail Transient Inventory Study restatement of
August 2015 and adjusted for properties that have opened / closed since that time. This number varies infrequently as new pr operties start, or existing properties
cease operations.
RESERVATIONS ACTIVITY REPORT
Executive Summary
21.1%16.7%
Vail May Occupancy vs. Last Year
26.7%24.7%
DestiMetrics -Industry West May
Occupancy vs. Last Year
$223 $264
Vail May ADR vs. Last Year
$267
$256
DestiMetrics -Industry West May ADR
vs. Last Year
Copyright (c) 2024, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law. DestiMetrics@Inntopia.com www.Inntopia.com