HomeMy WebLinkAbout05. Vail Executive Summary 2024-07-31Destination: Vail
July (Actual) July (Actual)
Paid Occupancy 64.5%62.2%3.6%Paid Occupancy 63.3%60.3%4.9%
ADR $422 $423 -0.2%ADR $460 $457 0.8%
August (On The Books) August (On The Books)
Paid Occupancy 46.5%49.2%-5.4%Paid Occupancy 48.9%47.0%4.0%
ADR $424 $387 9.5%ADR $453 $434 4.4%
September (On The Books) September (On The Books)
Paid Occupancy 37.3%34.5%8.1%Paid Occupancy 37.8%37.2%1.4%
ADR $330 $324 1.9%ADR $379 $375 1.0%
October (On The Books) October (On The Books)
Paid Occupancy 15.9%14.0%13.5%Paid Occupancy 17.0%16.9%0.6%
ADR $255 $258 -1.4%ADR $303 $290 4.6%
November (On The Books) November (On The Books)
Paid Occupancy 9.9%7.5%33.2%Paid Occupancy 6.1%7.6%-19.4%
ADR $275 $375 -26.9%ADR $311 $291 6.7%
December (On The Books) December (On The Books)
Paid Occupancy 19.4%20.7%-6.3%Paid Occupancy 13.7%16.1%-14.7%
ADR $927 $848 9.3%ADR $852 $806 5.7%
January (On The Books) January (On The Books)
Paid Occupancy 20.2%27.1%-25.6%Paid Occupancy 18.9%20.9%-9.8%
ADR $848 $770 10.1%ADR $738 $690 6.9%
2024 2023
Year over
Year %
Difference
2024 2023
Year over
Year %
Difference
July 7.1%7.4%-3.2%July 5.6%6.1%-8.2%
Bookings as of July 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
64.5%62.2%
Vail July Occupancy vs. Last Year
63.3%60.3%
DestiMetrics -Industry West July
Occupancy vs. Last Year
$422 $423
Vail July ADR vs. Last Year
$460 $457
DestiMetrics -Industry West July ADR
vs. Last Year
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