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HomeMy WebLinkAbout09. Vail RAO as of November 30 2018Executive Summary Res Activity Outlook as of Nov 30, 2018 Executive Summary Data based on a sample of up to 27 properties in the Vail destination, representing up to 2376 Units ('DestiMetrics Census'*) and 62.57% of 3797 total units in the Vail destination ('Destination Census'**) Last Month Performance: Current YTD vs. Previous YTD 2018/19 2017/18 Year over Year % Variance Vail Occupancy for last month (Nov) changed by (-1.4%)Occupancy (Nov) :27.3%27.7%-1.4% Vail ADR for last month (Nov) changed by (-3.9%)ADR (Nov) :$ 224 $ 233 -3.9% Vail RevPAR for last month (Nov) changed by (-5.2%)RevPAR (Nov) :$ 61 $ 64 -5.2% Next Month Performance: Current YTD vs. Previous YTD Vail Occupancy for next month (Dec) changed by (1.0%)Occupancy (Dec) :44.9%44.5%1.0% Vail ADR for next month (Dec) changed by (-7.3%)ADR (Dec) :$ 614 $ 663 -7.3% Vail RevPAR for next month (Dec) changed by (-6.4%)RevPAR (Dec) :$ 276 $ 295 -6.4% Historical past 6 months Month Actual Performance: Current YTD vs. Previous YTD Vail Occupancy for the past 6 months changed by (-3.9%)Occupancy 47.2%49.2%-3.9% Vail ADR for the past 6 months changed by (2.6%)ADR $ 248 $ 241 2.6% Vail RevPAR for the past 6 months changed by (-1.4%)RevPAR $ 117 $ 119 -1.4% Future 6 Month On The Books Performance: Current YTD vs. Previous YTD Vail Occupancy for the furture 6 months changed by (-0.1%)Occupancy 31.5%31.5%-0.1% Vail ADR for the future 6 months changed by (-2.7%)ADR $ 578 $ 595 -2.7% Vail RevPAR for the future 6 months changed by (-2.8%)RevPAR $ 182 $ 187 -2.8% Incremental Pacing - % Variance in Rooms Booked last Calendar Month: Nov 30, 2018 vs. Previous Year Rooms Booked during last month (Nov,18) compared to Rooms Booked during the same period last year (Nov,17) for all arrival dates has changed by (41.7%)Booking Pace (Nov)8.3%5.9%41.7% * Inntopia Census: Total number of rooms reported by participating Inntopia 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 and adjusted for properties that have opened / closed since that time. This number varies infrequently as new properties start, or existing properties cease operations. DESCRIPTION: The Reservation Activity Outlook Report tracks occupancy, average daily rate (ADR), and revenue per available room (RevPAR); the key metrics most of interest to lodging properties. The report combines the data sets of participating properties into a destination wide view that features three data sets (providing that sufficient information is available) including: i)current YTD occupancy, ii) last YTD occupancy, iii) last season's ending occupancy. The Reservation Activity Outlook Report is generated on a monthly basis, usually for a 12 month subscription period, and is created from data provided by a group of properties participating in a cooperative manner, and representing a valid set of data as a result. Report results are provided only to those properties who participate by submitting their data. Additionally, participating properties can order (on an a-la-carte basis) an individual report which shows the reservation activity of their property, measured against an aggregated set of competitive properties that they choose from amongst Inntopia's other participants. As is the case in all Inntopia data, all information provided by individual properties is strictly confidential, except when aggregated with other data and indistinguishable as a result. © 2018 Sterling Valley Systems, Inc. All rights reserved. No parts of this work may be reproduced in any form or by any means, graphic, electronic or mechanical, including photocopying, recording, taping or information storage and retrieval systems - without the written permission of the copyright holder. Products that are referred to in this document may be either trademarks and/or registered trademarks of the respective owners. The publisher and the author make no claim to these Trademarks. While every precaution has been taken in the preparation of this document, the publisher and the author assume no responsibility for errors or omissions, or for damages resulting from the use of information contained in this document or from the use of programs and source code that may accompany it. In no event shall the publisher and the author be liable for any loss of profit or any other commercial damage caused or alleged to have been caused directly or indirectly by this document. Vail Paid Occupancy (Most Recent Data) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Average Daily Rate (Most Recent Data) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Revenue Per Available Room (Most Recent Data) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Variance in YTD Occupancy and ADR Res Activity Outlook 2018/19 vs 2017/18 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Paid Occupancy (Winter-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Average Daily Rate (Winter-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Revenue Per Available Room (Winter-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Variance in YTD Occupancy and ADR (Winter-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Paid Occupancy (Summer-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Average Daily Rate (Summer-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Revenue Per Available Room (Summer-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Variance in YTD Occupancy and ADR (Summer-to-date) Res Activity Outlook 2018/19 vs 2017/18 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Paid Occupancy Fill Analysis Res Activity Outlook as of Nov 30, 2018 *Based on providing complete pacing data within a given month of occupancy only. Results may differ from those presented elsewhere in report if property set differs. **Results for "Percent Variance in incremental fill" indicate how room nights booked during the month just ended compare to room nights booked during the same month in the prior year, for occupancy in the month just ended and for the upcoming five months (as well as the six-month period in total). These results provide an indication of the degree to which booking activity occurring during the month just ended was greater or less than booking activity occurring in the same month a year ago -- i.e. a measure of the strength of booking activity occurring during the month just ended. Vail Paid Occupancy (Most Recent Data) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Occ Rate: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy Occ Rate as of Nov 30, 2018 Occ Rate as of Nov 30, 2017 Occ Percent Variance in YTD Occ Rate Historic Actual Occ Rate CY Room Nights Available CY Room Nights Booked PY Room Nights Available PY Room Nights Booked # of Properties in sample Jun 18 57.6%52.9%8.8%68,170 39,276 63,551 33,640 26 Jul 18 63.8%70.5%-9.4%72,677 46,387 64,931 45,763 27 Aug 18 59.1%58.2%1.6%74,085 43,767 65,502 38,094 27 Sep 18 45.6%50.5%-9.7%72,743 33,182 64,321 32,484 27 Oct 18 29.9%33.6%-10.9%72,221 21,606 61,439 20,633 27 Nov 18 27.3%27.7%-1.4%71,276 19,452 62,407 17,272 27 Dec 18 44.9%44.5%1.0%49.4%76,659 34,431 76,411 33,990 27 Jan 19 48.4%48.7%-0.6%59.9%76,457 36,985 75,924 36,950 27 Feb 19 50.3%47.1%6.7%70.4%69,306 34,851 68,609 32,321 27 Mar 19 31.0%33.2%-6.5%67.1%76,221 23,651 75,496 25,050 27 Apr 19 5.7%9.0%-36.6%29.7%72,967 4,164 72,353 6,514 27 May 19 6.4%4.8%32.2%26.1%68,184 4,370 69,769 3,383 27 Grand Total 39.3%39.7%-1.1%50.2%870,966 342,122 820,713 326,094 27 Historical Months Total 47.2%49.2%-3.9%49.2%431,172 203,670 382,151 187,886 27 On the Books Total 31.5%31.5%-0.1%51.1%439,794 138,452 438,562 138,208 27 Vail Average Daily Rate (Most Recent Data) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Average Daily Rate: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy ADR as of Nov 30, 2018 ADR as of Nov 30, 2017 ADR Percent Variance in YTD Adr Rate Historic Actual ADR CY Room Nights Booked CY Room Revenue Booked PY Room Nights Booked PY Room Revenue Booked # of Properties in sample Jun 18 $230.65 $225.72 2.2%39,276 $ 9,058,881 33,640 $ 7,593,181 26 Jul 18 $290.89 $279.05 4.2%46,387 $ 13,493,427 45,763 $ 12,770,182 27 Aug 18 $274.81 $260.42 5.5%43,767 $ 12,027,689 38,094 $ 9,920,445 27 Sep 18 $225.59 $220.10 2.5%33,182 $ 7,485,618 32,484 $ 7,149,747 27 Oct 18 $184.84 $187.79 -1.6%21,606 $ 3,993,586 20,633 $ 3,874,773 27 Nov 18 $223.95 $233.00 -3.9%19,452 $ 4,356,317 17,272 $ 4,024,341 27 Dec 18 $614.20 $662.57 -7.3%$675.66 34,431 $ 21,147,572 33,990 $ 22,520,712 27 Jan 19 $593.57 $599.32 -1.0%$591.58 36,985 $ 21,953,017 36,950 $ 22,145,018 27 Feb 19 $608.15 $619.78 -1.9%$622.90 34,851 $ 21,194,541 32,321 $ 20,031,945 27 Mar 19 $586.69 $606.43 -3.3%$603.83 23,651 $ 13,875,707 25,050 $ 15,191,119 27 Apr 19 $293.45 $259.47 13.1%$266.09 4,164 $ 1,221,907 6,514 $ 1,690,194 27 May 19 $156.16 $174.81 -10.7%$175.82 4,370 $ 682,400 3,383 $ 591,377 27 Grand Total $ 381 $ 391 -2.5%$ 409 342,122 $ 130,490,662 326,094 $ 127,503,033 27 Historical Months Total $ 248 $ 241 2.6%$ 241 203,670 $ 50,415,518 187,886 $ 45,332,668 27 On the Books Total $ 578 $ 595 -2.7%$ 553 138,452 $ 80,075,144 138,208 $ 82,170,365 27 Vail Revenue Per Available Room (Most Recent Data) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com RevPAR Rate: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy RevPAR as of Nov 30, 2018 RevPAR as of Nov 30, 2017 RevPAR Percent Variance in YTD RevPAR Rate Historic Actual RevPAR CY Room Nights Available CY Room Revenue Booked PY Room Nights Available PY Room Revenue Booked # of Properties in sample Jun 18 $132.89 $119.48 11.2%68,170 $ 9,058,881 63,551 $ 7,593,181 26 Jul 18 $185.66 $196.67 -5.6%72,677 $ 13,493,427 64,931 $ 12,770,182 27 Aug 18 $162.35 $151.45 7.2%74,085 $ 12,027,689 65,502 $ 9,920,445 27 Sep 18 $102.90 $111.16 -7.4%72,743 $ 7,485,618 64,321 $ 7,149,747 27 Oct 18 $55.30 $63.07 -12.3%72,221 $ 3,993,586 61,439 $ 3,874,773 27 Nov 18 $61.12 $64.49 -5.2%71,276 $ 4,356,317 62,407 $ 4,024,341 27 Dec 18 $275.87 $294.73 -6.4%$333.95 76,659 $ 21,147,572 76,411 $ 22,520,712 27 Jan 19 $287.13 $291.67 -1.6%$354.13 76,457 $ 21,953,017 75,924 $ 22,145,018 27 Feb 19 $305.81 $291.97 4.7%$438.50 69,306 $ 21,194,541 68,609 $ 20,031,945 27 Mar 19 $182.05 $201.22 -9.5%$405.02 76,221 $ 13,875,707 75,496 $ 15,191,119 27 Apr 19 $16.75 $23.36 -28.3%$78.95 72,967 $ 1,221,907 72,353 $ 1,690,194 27 May 19 $10.01 $8.48 18.1%$45.89 68,184 $ 682,400 69,769 $ 591,377 27 Grand Total $ 150 $ 155 -3.6%$ 205 870,966 $ 130,490,662 820,713 $ 127,503,033 27 Historical Months Total $ 117 $ 119 -1.4%$ 119 431,172 $ 50,415,518 382,151 $ 45,332,668 27 On the Books Total $ 182 $ 187 -2.8%$ 282 439,794 $ 80,075,144 438,562 $ 82,170,365 27 Vail Data Tables (Winter-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Winter Bookings: Revenue Per Available Room: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy RevPAR as of Nov 30, 2018 RevPAR as of Nov 30, 2017 Percent Variance in YTD RevPAR Historic Actual RevPAR CY Room Nights Available CY Room Revenue Booked PY Room Nights Available PY Room Revenue Booked # of Properties in sample Nov 18 $61.12 $64.49 -5.2%71,276 $ 4,356,317 62,407 $ 4,024,341 27 Dec 18 $275.87 $294.73 -6.4%$333.95 76,659 $ 21,147,572 76,411 $ 22,520,712 27 Jan 19 $287.13 $291.67 -1.6%$354.13 76,457 $ 21,953,017 75,924 $ 22,145,018 27 Feb 19 $305.81 $291.97 4.7%$438.50 69,306 $ 21,194,541 68,609 $ 20,031,945 27 Mar 19 $182.05 $201.22 -9.5%$405.02 76,221 $ 13,875,707 75,496 $ 15,191,119 27 Apr 19 $16.75 $23.36 -28.3%$78.95 72,967 $ 1,221,907 72,353 $ 1,690,194 27 Winter Total $ 189 $ 199 -4.7%$ 287 442,886 $ 83,749,061 431,200 $ 85,603,328 27 Winter Bookings: Average Daily Rate: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy ADR as of Nov 30, 2018 ADR as of Nov 30, 2017 Percent Variance in YTD Adr Rate Historic Actual ADR CY Room Nights Booked CY Room Revenue Booked PY Room Nights Booked PY Room Revenue Booked # of Properties in sample Nov 18 $223.95 $233.00 -3.9%19,452 $ 4,356,317 17,272 $ 4,024,341 27 Dec 18 $614.20 $662.57 -7.3%$675.66 34,431 $ 21,147,572 33,990 $ 22,520,712 27 Jan 19 $593.57 $599.32 -1.0%$591.58 36,985 $ 21,953,017 36,950 $ 22,145,018 27 Feb 19 $608.15 $619.78 -1.9%$622.90 34,851 $ 21,194,541 32,321 $ 20,031,945 27 Mar 19 $586.69 $606.43 -3.3%$603.83 23,651 $ 13,875,707 25,050 $ 15,191,119 27 Apr 19 $293.45 $259.47 13.1%$266.09 4,164 $ 1,221,907 6,514 $ 1,690,194 27 Winter Total $ 545 $ 563 -3.1%$ 557 153,534 $ 83,749,061 152,097 $ 85,603,328 27 Winter Bookings: Occ Rate: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy Occ Rate as of Nov 30, 2018 Occ Rate as of Nov 30, 2017 Occ Percent Variance in YTD Occ Rate Historic Actual Occ Rate CY Room Nights Available CY Room Nights Booked PY Room Nights Available PY Room Nights Booked # of Properties in sample Nov 18 27.3%27.7%-1.4%71,276 19,452 62,407 17,272 27 Dec 18 44.9%44.5%1.0%49.4%76,659 34,431 76,411 33,990 27 Jan 19 48.4%48.7%-0.6%59.9%76,457 36,985 75,924 36,950 27 Feb 19 50.3%47.1%6.7%70.4%69,306 34,851 68,609 32,321 27 Mar 19 31.0%33.2%-6.5%67.1%76,221 23,651 75,496 25,050 27 Apr 19 5.7%9.0%-36.6%29.7%72,967 4,164 72,353 6,514 27 Winter Total 34.7%35.3%-1.7%51.5%442,886 153,534 431,200 152,097 27 Vail Data Tables (Summer-to-date) Res Activity Outlook as of Nov 30, 2018 © 2018 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Summer Bookings: Revenue Per Available Room: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy RevPAR as of Nov 30, 2018 RevPAR as of Nov 30, 2017 Percent Variance in YTD RevPAR Rate Historic Actual RevPAR CY Room Nights Available CY Room Revenue Booked PY Room Nights Available PY Room Revenue Booked # of Properties in sample May 19 $10.01 $8.48 18.1%$45.89 68,184 $ 682,400 69,769 $ 591,377 27 Jun 19 Jul 19 Aug 19 Sep 19 Oct 19 Summer Total $ 10 $ 8 18.1%$ 46 68,184 $ 682,400 69,769 $ 591,377 27 Summer Bookings: Average Daily Rate: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy ADR as of Nov 30, 2018 ADR as of Nov 30, 2017 Percent Variance in YTD Adr Rate Historic Actual ADR CY Room Nights Booked CY Room Revenue Booked PY Room Nights Booked PY Room Revenue Booked # of Properties in sample May 19 $156.16 $174.81 -10.7%$175.82 4,370 $ 682,400 3,383 $ 591,377 27 Jun 19 Jul 19 Aug 19 Sep 19 Oct 19 Summer Total $ 156 $ 175 -10.7%$ 176 4,370 $ 682,400 3,383 $ 591,377 27 Summer Bookings: Occ Rate: YTD 2018/19 VS. YTD 2017/18 Month of Occupancy Occ Rate as of Nov 30, 2018 Occ Rate as of Nov 30, 2017 Occupancy Percent Variance in YTD Occ Rate Historic Actual Occ Rate CY Room Nights Available CY Room Nights Booked PY Room Nights Available PY Room Nights Booked # of Properties in sample May 19 6.4%4.8%32.2%26.1%68,184 4,370 69,769 3,383 27 Jun 19 Jul 19 Aug 19 Sep 19 Oct 19 Summer Total 6.4%4.8%32.2%26.1%68,184 4,370 69,769 3,383 27