HomeMy WebLinkAbout03. Vail Executive Summary 2024-08-31Destination: Vail
August (Actual) August (Actual)
Paid Occupancy 55.6%54.9%1.4%Paid Occupancy 57.2%54.6%4.8%
ADR $375 $370 1.5%ADR $440 $420 4.8%
September (On The Books) September (On The Books)
Paid Occupancy 44.3%44.2%0.2%Paid Occupancy 46.2%47.1%-1.8%
ADR $318 $315 1.0%ADR $372 $370 0.6%
October (On The Books) October (On The Books)
Paid Occupancy 20.7%16.5%25.1%Paid Occupancy 22.2%21.4%3.7%
ADR $257 $266 -3.4%ADR $297 $293 1.1%
November (On The Books) November (On The Books)
Paid Occupancy 12.6%9.4%35.2%Paid Occupancy 9.1%9.4%-3.4%
ADR $279 $353 -21.0%ADR $286 $292 -2.0%
December (On The Books) December (On The Books)
Paid Occupancy 24.1%24.8%-2.7%Paid Occupancy 18.7%20.5%-8.9%
ADR $908 $870 4.3%ADR $811 $792 2.5%
January (On The Books) January (On The Books)
Paid Occupancy 29.6%31.4%-5.9%Paid Occupancy 25.2%25.9%-2.6%
ADR $810 $776 4.4%ADR $711 $705 0.9%
February (On The Books) February (On The Books)
Paid Occupancy 35.3%29.5%19.6%Paid Occupancy 29.8%25.7%16.0%
ADR $822 $827 -0.7%ADR $739 $750 -1.5%
2024 2023
Year over
Year %
Difference
2024 2023
Year over
Year %
Difference
August 6.3%5.1%23.5%August 5.6%6.1%-8.2%
Bookings as of August 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
55.6%54.9%
Vail August Occupancy vs. Last Year
57.2%54.6%
DestiMetrics -Industry West August
Occupancy vs. Last Year
$375 $370
Vail August ADR vs. Last Year
$440 $420
DestiMetrics -Industry West August
ADR vs. Last Year
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