HomeMy WebLinkAbout06. Vail Executive Summary 2024-09-30Destination: Vail
September (Actual) September (Actual)
Paid Occupancy 47.2%46.0%2.5%Paid Occupancy 51.0%52.4%-2.7%
ADR $324 $329 -1.6%ADR $366 $361 1.5%
October (On The Books) October (On The Books)
Paid Occupancy 25.8%22.6%13.9%Paid Occupancy 29.1%28.7%1.4%
ADR $272 $270 0.9%ADR $293 $282 3.6%
November (On The Books) November (On The Books)
Paid Occupancy 16.1%15.1%7.2%Paid Occupancy 11.9%13.2%-9.9%
ADR $294 $332 -11.4%ADR $280 $286 -2.2%
December (On The Books) December (On The Books)
Paid Occupancy 28.7%30.2%-4.8%Paid Occupancy 23.6%26.0%-9.2%
ADR $970 $946 2.6%ADR $799 $776 2.9%
January (On The Books) January (On The Books)
Paid Occupancy 34.3%35.4%-3.2%Paid Occupancy 30.5%32.1%-5.0%
ADR $879 $841 4.5%ADR $711 $688 3.4%
February (On The Books) February (On The Books)
Paid Occupancy 35.9%36.2%-0.9%Paid Occupancy 33.8%31.5%7.3%
ADR $850 $913 -7.0%ADR $748 $763 -1.9%
March (On The Books) March (On The Books)
Paid Occupancy 24.9%24.3%2.3%Paid Occupancy 22.7%20.6%10.1%
ADR $796 $921 -13.6%ADR $734 $741 -1.0%
2024 2023
Year over
Year %
Difference
2024 2023
Year over
Year %
Difference
September 4.2%5.7%-25.9%September 5.3%6.3%-15.9%
Bookings as of September 30, 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
47.2%46.0%
Vail September Occupancy vs. Last
Year
51.0%52.4%
DestiMetrics -Industry West
September Occupancy vs. Last Year
$324 $329
Vail September ADR vs. Last Year
$366 $361
DestiMetrics -Industry West
September ADR vs. Last Year
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