HomeMy WebLinkAbout11. Vail Executive Summary 2018-10-31Destination: Vail
October (Actual) 2018 2017 October (Actual) 2018 2017
Paid Occupancy 29.9%33.6%-10.9%Paid Occupancy 31.5%32.9%-4.3%
ADR $185 $188 -1.6%ADR $173 $166 4.3%
November (On The Books) November (On The Books)
Paid Occupancy 16.4%21.6%-24.0%Paid Occupancy 17.3%17.0%1.6%
ADR $221 $234 -5.5%ADR $184 $184 -0.1%
December (On The Books) December (On The Books)
Paid Occupancy 30.4%34.8%-12.7%Paid Occupancy 29.6%32.1%-7.6%
ADR $658 $683 -3.7%ADR $548 $545 0.4%
January (On The Books) January (On The Books)
Paid Occupancy 40.3%40.9%-1.6%Paid Occupancy 37.3%36.5%2.2%
ADR $586 $594 -1.3%ADR $468 $472 -0.9%
February (On The Books) February (On The Books)
Paid Occupancy 42.1%39.9%5.6%Paid Occupancy 35.9%32.7%9.8%
ADR $590 $616 -4.2%ADR $467 $473 -1.1%
March (On The Books) March (On The Books)
Paid Occupancy 25.1%28.0%-10.6%Paid Occupancy 22.9%20.6%11.3%
ADR $554 $591 -6.4%ADR $466 $461 1.1%
April (On The Books) April (On The Books)
Paid Occupancy 3.9%9.8%-59.9%Paid Occupancy 5.9%6.6%-9.5%
ADR $305 $230 32.6%ADR $184 $200 -7.9%
2018 2017
Year over
Year %
Difference
2018 2017
Year over
Year %
Difference
October 5.9%6.8%-14.0%October 6.8%6.4%6.4%
Bookings as of October 31, 2018
Data based on a sample of up to 26 properties in the Vail destination, representing up to 2,438 Units ('DestiMetrics Census'*) and 61.7% of 3,954 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)
* 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 propertie s start, or existing properties cease
operations.
RESERVATIONS ACTIVITY REPORT
Executive Summary
29.9%
33.6%
2018 2017
Vail October Occupancy vs. Last Year
31.5%
32.9%
2018 2017
DestiMetrics -Industry West October
Occupancy vs. Last Year
$185
$188
2018 2017
Vail October ADR vs. Last Year
$173
$166
2018 2017
DestiMetrics -Industry West October
ADR vs. Last Year
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