HomeMy WebLinkAbout12. Vail Executive Summary 2024-10-31Destination: Vail
October (Actual) October (Actual)
Paid Occupancy 30.8%30.1%2.3%Paid Occupancy 35.7%35.2%1.2%
ADR $262 $255 2.7%ADR $285 $276 3.1%
November (On The Books) November (On The Books)
Paid Occupancy 21.9%23.0%-4.6%Paid Occupancy 17.7%19.4%-8.9%
ADR $301 $310 -2.9%ADR $271 $272 -0.4%
December (On The Books) December (On The Books)
Paid Occupancy 37.2%41.3%-10.0%Paid Occupancy 31.1%33.7%-7.6%
ADR $888 $818 8.5%ADR $752 $736 2.2%
January (On The Books) January (On The Books)
Paid Occupancy 40.7%43.6%-6.7%Paid Occupancy 37.5%39.1%-4.2%
ADR $859 $802 7.1%ADR $698 $681 2.5%
February (On The Books) February (On The Books)
Paid Occupancy 45.2%42.6%6.1%Paid Occupancy 40.6%38.4%5.8%
ADR $863 $858 0.6%ADR $756 $758 -0.2%
March (On The Books) March (On The Books)
Paid Occupancy 30.1%28.7%5.1%Paid Occupancy 26.9%25.6%4.9%
ADR $855 $897 -4.7%ADR $749 $749 -0.1%
April (On The Books) April (On The Books)
Paid Occupancy 11.3%8.8%28.1%Paid Occupancy 8.0%7.8%2.5%
ADR $424 $344 23.0%ADR $344 $308 11.6%
2024 2023
Year over
Year %
Difference
2024 2023
Year over
Year %
Difference
October 6.6%7.6%-12.9%October 6.7%6.6%1.2%
Bookings as of October 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
30.8%30.1%
Vail October Occupancy vs. Last Year
35.7%35.2%
DestiMetrics -Industry West October
Occupancy vs. Last Year
$262 $255
Vail October ADR vs. Last Year
$285 $276
DestiMetrics -Industry West October
ADR vs. Last Year
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