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HomeMy WebLinkAboutVail_Reservations_Activity_Outlook_2012-06-30Destination: Vail Period: Bookings as of Jun 30, 2012 Data based on a sample of up to 24 properties in th e Vail destination, representing up to 2,335 Units ('MTRiP Census'*) and 59% of 3,954 total units in t he Vail destination ('Destination Census'**) a. Last Month Performance: Current YTD vs. Previous YTD 20122011 Year over Year % Diff 44.9%43.8%2.7% $158$152 3.4% $71$67 6.1% b. Next Month Performance: Current YTD vs. Previous YTD 54.0%48.9%10.3% $194$186 4.1% $105$91 14.9% c. Historical 6 Month Actual Performance: Current YTD vs. Previous YTD 51.9%52.4%-0.9% $360$339 6.1% $187$178 5.2% d. Future 6 Month On The Books Performance: Current YTD vs. P revious YTD 21.9%19.8%10.7% $201$204 -1.2% $44$40 9.3% e. Incremental Pacing - % Change in Rooms Booked last Cale ndar Month: Jun. 30, 2012 vs. Previous Year 5.9%5.9%0.4% DESCRIPTION: The Reservation Activity Outlook Report tracks oc cupancy, average daily rate (ADR), and revenue per available room (RevPAR); the key metrics most of in terest to lodging properties. The report combines the data sets of p articipating properties into a destination wide vie w that features three data sets (providing that suf ficient information is available) including: i) current YTD occupancy, ii) last YTD occupancy, i ii) last season's ending occupancy. The Reservation Activity Outlook Report is gen erated on a monthly basis, usually for a 12 month s ubscription period, and is created from data provid ed by a group of properties participating in a cooperative manner, and represen ting a valid set of data as a result. Report results are provided only to those prop erties who participate by submitting their data. A dditionally, participating properties can order (on an a-la-carte basis) an individual report which shows the reservation activity of their prope rty, measured against an aggregated set of competit ive properties that they choose from amongst MTRiP's other participants. As is the case in all MTRiP data, all informat ion provided by individual properties is strictly c onfidential, except when aggregated with other data and indistinguishable as a result. Copyright 2006 - 2012 MTRiP, LLC. All Rights Reserve d. Information provided here is CONFIDENTIAL INFORMAT ION and is the exclusive property of MTRiP LLC. It is expressly not for reproduction, distribution publication or any other diss emination without the express written permission of MTRIP , LLC. Sample reports may be provided to interested pe rsons, specifically for purposes of their evaluation of a po tential subscription and are subject to Copyrights of this product. Data and Metrics represented on this report ar e representative of the Sample Properties only and may not be representative of the entire Community or Industry. Persons using this d ata for strategic purposes do so at their own risk and h old MTRIP harmless. Vail RevPAR for the upcoming 6 months changed by (9 .3%)RevPAR Rooms Booked during last month (June, 2012) compare d to Rooms Booked during the same period last year (June, 2011) for all arri val dates has changed by (0.4%) Booking Pace (June) Occupancy (July) Vail Average Daily Rate for next month (July) chang ed by (4.1%)ADR (July) : Vail RevPAR for last month (June) changed by (6.1%) * MTRiP Census: Total number of rooms reported by participating M TRiP properties as available for short-term rental in the reporting month. This number can vary month ly as inventories and report participants change over time. ** Destination Census: The total number of rooms available for rental wit hin the community as established by the Transient I nventory Study of July 2009 and adjusted for proper ties that have opened / closed since that time. This number varies infrequently as new properties start, or exi sting properties cease operations. Vail Average Daily Rate for last month (June) chang ed by (3.4%) ADR (June) : Vail Average Daily Rate for the upcoming 6 months c hanged by (-1.2%)ADR Vail RevPAR for next month (July) changed by (14.9%)RevPAR (July) : Vail Occupancy for the prior 6 months changed by (-0.9%)Occupancy Vail Average Daily Rate for the prior 6 months chan ged by (6.1%)ADR Vail RevPAR for the prior 6 months changed by (5.2%)RevPAR Vail Occupancy for the upcoming 6 months changed by (10.7%)Occupancy RevPAR (June) : Vail Occupancy for next month (July) changed by (10 .3%) RESERVATIONS ACTIVITY REPORT Vail Executive Summary Vail Occupancy for last month (June) changed by (2.7%)Occupancy (June) : 7/10/2012 Copyright (c) 2006 - 2012, MTRiP, LLC All Rights R eserved. Confidential Information not for reproduction and p rotected by law. info@mtrip.org www.mt rip.org 1 RESERVATIONS ACTIVITY REPORT SECTION 1 - 12 MONTH ROLLING SUMMARY GRAPHS 2012 YTD (as of Jun 30, 2012) vs. 2011 YTD (as of J un 30, 2011) vs. 2011 Historical NOTE: This is not a forecast of bookings. Data present ed in this report represents Occupancy on the books as of the date noted above CONFIDENTIAL INFORMATION: Reproduction or Further D istribution Prohibited Period: Bookings as of April 30, 2007 Vail RevPAR for the prior 6 months changed by (0.0%) Historic months total 60%51%37%21%27% 59%43%66%72%75% 31%17% 45%54%36%20%6%4%10%22% 67%73%73% 38% 14% 44%49%29%16%5%5%12%20% -1%-1%2%-19% 21%3%10%21%30%31% -19%-21% 11% -40%-20%0%20%40%60%80%100% -40%-20%0%20%40%60%80%100% JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptember OctoberNovemberDecember On the Books months total Historic Actual (2011 season)Data as of June 30, 2012 (2012 season) Data as of June 30, 2011 (2011 season)Percent Change -0 . 9 % -1 . 2 % 1. 6 % -1 9 . 5 % 21 . 0 % 2. 7 % 10 . 3 % 21 . 3 % 29 . 9 % 30 . 9 % -1 8 . 9 % -2 1 . 2 % 10 . 7 % 6. 7 % 1. 9 % 1. 4 % 42 . 0 % -4 . 2 % 3. 4 % 4. 1 % 2. 6 % -3 . 4 % -6 . 1 % 8. 5 % 3. 9 % -1 . 2 % -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptember OctoberNovemberDecember % C h a n g e O c c u p / A D R Chart 1d -% Change in YTD Occupancy and ADR: 2011/12 vs 2010/11 Percent Change in YTD Occ. Rate Percent Change in YTD ADR $2 7 3 $3 1 8 $3 1 9 $8 9 $2 1 $7 1 $1 0 5 $6 9 $3 0 $8 $5 $4 5 $4 4 $2 5 8 $3 1 5 $3 1 0 $7 8 $1 8 $6 7 $9 1 $5 6 $2 4 $6 $6 $5 5 $4 0 $1 1 0 $9 0 $5 6 $2 8 $3 9 $2 8 0 $1 0 0 6% 1%3% 14%16% 6% 15% 24%25%23% -12% -18% 9% -25% -20% -15% -10% -5% 0% 5% 10% 15% 20% 25% 30% $0 $50 $100 $150 $200 $250 $300 $350 JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptember OctoberNovemberDecember Pe r c e n t C h a n g e i n A D R Re v e n u e P e r A v a i l a b l e R o o m $ Chart 1c -Revenue Per Available Room 60% 51% 37% 21%27% 59% 43% 66%72%75% 31% 17% 45% 54% 36% 20% 6%4%10% 22% 67%73%73% 38% 14% 44%49% 29% 16% 5%5% 12% 20% -1%-1%2% -19% 21% 3% 10% 21% 30%31% -19%-21% 11% -40% -20% 0% 20% 40% 60% 80% 100% -40% -20% 0% 20% 40% 60% 80% 100% JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptember OctoberNovemberDecemberOn the Books months total Oc c u p a n c y R a t e & % C h g i n O c c u p R a t e Chart 1a -Occupancy Rate $4 1 1 $4 4 0 $4 2 8 $2 8 7 $1 2 4 $1 5 8 $1 9 4 $1 9 5 $1 4 7 $1 1 9 $1 2 7 $4 6 7 $2 0 1 $3 8 5 $4 3 2 $4 2 2 $2 0 2 $1 3 0 $1 5 2 $1 8 6 $1 9 0 $1 5 2 $1 2 6 $1 1 7 $4 4 9 $2 0 4 $1 8 3 $1 7 8 $1 4 9 $1 2 9 $1 4 6 $4 7 3 $2 3 5 7% 2%1% 42% -4% 3%4%3% -3%-6% 9% 4% -1% -10% 0% 10% 20% 30% 40% 50% $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptember OctoberNovemberDecemberOn the Books months total Pe r c e n t C h a n g e i n A D R Av e r a g e D a i l y R a t e $ Chart 1b -Average Daily Rate Historic On the Books Historic On the Books Historic On the Books Historic On the Books 7/10/2012 Copyright (c) 2006 - 2012, MTRiP, LLC All Rights R eserved. Confidential Information not for reproduction and p rotected by law. info@mtrip.org www.mt rip.org 2 RESERVATIONS ACTIVITY REPORT SECTION 2 - SUMMER SEASON SUMMARY GRAPHS 2012 YTD (as of Jun 30, 2012) vs. 2011 YTD (as of J un 30, 2011) vs. 2011 Historical NOTE: This is not a forecast of bookings. Data present ed in this report represents Occupancy on the books as of the date noted above CONFIDENTIAL INFORMATION: Reproduction or Further Distribution Prohibited Period: Bookings as of April 30, 2007 Vail RevPAR for the prior 6 months changed by (0.0%) Historic months total 60%51%37%21%27% 59%43%66%72%75% 31%17% 45%54%36%20%6%4%10%22% 67%73%73% 38%14% 44%49%29%16%5%5%12%20% -1%-1%2%-19% 21%3%10%21%30%31% -19%-21% 11% -40%-20%0%20%40%60%80%100% -40%-20%0%20%40%60%80%100% JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptember OctoberNovemberDecember On the Books months total Historic Actual (2011 season)Data as of June 30, 2012 (2012 season) Data as of June 30, 2011 (2011 season)Percent Change Historic Forecast Historic Forecast 60% 51% 37% 21% 39% 17% 45% 54% 36% 20% 6% 30% 14% 44%49% 29% 16% 5% 27% 21% 3% 10% 21% 30%31% 13% -40% -20% 0% 20% 40% 60% 80% 100% -40% -20% 0% 20% 40% 60% 80% 100% MayJuneJulyAugustSeptemberOctoberSummer Total Oc c u p a n c y R a t e & % C h g i n O c c u p R a t e Chart 2a -Occupancy Rate Historic On the Books $1 2 4 $1 5 8 $1 9 4 $1 9 5 $1 4 7 $1 1 9 $1 7 1 $1 3 0 $1 5 2 $1 8 6 $1 9 0 $1 5 2 $1 2 6 $1 6 8 $1 8 3 $1 7 8 $1 4 9 $1 2 9 $1 6 3 -4% 3%4% 3% -3% -6% 2% -8% -6% -4% -2% 0% 2% 4% 6% $0 $50 $100 $150 $200 $250 MayJuneJulyAugustSeptemberOctoberSummer Total Pe r c e n t C h a n g e i n A D R Av e r a g e D a i l y R a t e $ Chart 2b -Average Daily Rate Historic On the Books $2 1 $7 1 $1 0 5 $6 9 $3 0 $8 $5 1 $1 8 $6 7 $9 1 $5 6 $2 4 $6 $4 5 $1 1 0 $9 0 $5 6 $2 8 $6 3 16% 6% 15% 24%25% 23% 15% 0% 5% 10% 15% 20% 25% 30% $0 $20 $40 $60 $80 $100 $120 MayJuneJulyAugustSeptemberOctoberSummer Total Pe r c e n t C h a n g e i n R e v P A R Re v e n u e P e r A v a i l a b l e R o o m $ Chart 2c -Revenue Per Available Room Historic On the Books 21 . 0 % 2. 7 % 10 . 3 % 21 . 3 % 29 . 9 % 30 . 9 % 12 . 7 % -4 . 2 % 3. 4 % 4. 1 % 2. 6 % -3 . 4 % -6 . 1 % 1. 7 % -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% May 12 vs May 11Jun 12 vs Jun 11Jul 12 vs Jul 11Aug 12 vs Aug 11Sept 12 vs Sept 11Oct 12 vs Oct 11Summ er Total % C h a n g e i n O c c u p a n c y / A D R Chart 2d -% Change in YTD Occupancy and ADR: 2011/12 vs 2010/11 Percent Change in YTD Occ. Rate Percent Change YTD ADR Historic On the Books 7/10/2012 Copyright (c) 2006 - 2012, MTRiP, LLC All Rights R eserved. Confidential Information not for reproduction and p rotected by law. info@mtrip.org www.mt rip.org 3 RESERVATIONS ACTIVITY REPORT SECTION 3 - WINTER SEASON SUMMARY GRAPHS 2012/13 YTD (as of Jun 30, 2012) vs. 2011/12 YTD (a s of Jun 30, 2011) vs. 2011/12 Historical NOTE: This is not a forecast of bookings. Data present ed in this report represents Occupancy on the books as of the date noted above CONFIDENTIAL INFORMATION: Reproduction or Further D istribution Prohibited Vail RevPAR for the prior 6 months changed by (0.0%) 60%51%37%21%27% 59%43%66%72%75% 31%17% 45%54%36%20%6%4%10%22% 67%73%73% 38%14% 44%49%29%16%5%5%12%20% -1%-1%2%-19% 21%3%10%21%30%31% -19%-21% 11% -40%-20%0%20%40%60%80%100% -40%-20%0%20%40%60%80%100% JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptember OctoberNovemberDecember On the Books months total Historic Actual (2011 season)Data as of June 30, 2012 (2012 season) Data as of June 30, 2011 (2011 season)Percent Change Historic Forecast 27% 59% 43% 4%10%7%5% 12%9% -19%-21%-20% -40% -20% 0% 20% 40% 60% 80% 100% -40% -20% 0% 20% 40% 60% 80% 100% NovemberDecemberJanuaryFebruaryMarchAprilWinter Tot al Oc c u p a n c y R a t e & % C h g i n O c c u p R a t e Chart 3a -Occupancy Rate $1 2 7 $4 6 7 $3 6 4 $1 1 7 $4 4 9 $3 4 9 $1 4 6 $4 7 3 $3 7 1 9% 4%4% 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 NovemberDecemberJanuaryFebruaryMarchAprilWinter Tot al Pe r c e n t C h a n g e i n A D R Av e r a g e D a i l y R a t e $ Chart 3b -Average Daily Rate $5 $4 5 $2 6 $6 $5 5 $3 1 $3 9 $2 8 0 $1 5 8 -12% -18% -17% -20% -18% -16% -14% -12% -10% -8% -6% -4% -2% 0% $0 $50 $100 $150 $200 $250 $300 NovemberDecemberJanuaryFebruaryMarchAprilWinter Tot al Pe r c e n t C h a n g e i n R e v P A R Re v e n u e P e r A v a i l a b l e R o o m $ Chart 3c -Revenue Per Available Room -1 8 . 9 % -2 1 . 2 % -2 0 . 1 % 8. 5 % 3. 9 % 4. 3 % -25.0% -20.0% -15.0% -10.0% -5.0% 0.0% 5.0% 10.0% 15.0% Nov 12 vs Nov 11Dec 12 vs Dec 11Jan 13 vs Jan 12Feb 13 vs Feb 12Mar 13 vs Mar 12Apr 13 vs Apr 12Winter Total % C h a n g e i n O c c u p a n c y / A D R Chart 3d -% Change in YTD Occupancy and ADR: 2012/13 vs 2011/12 Percent Change in YTD Occ. Rate Percent Change in YTD ADR 7/10/2012 Copyright (c) 2006 - 2012, MTRiP, LLC All Rights R eserved. Confidential Information not for reproduction and p rotected by law. info@mtrip.org www.mt rip.org 4 RESERVATIONS ACTIVITY REPORT SECTION 4 - FILL ANALYSIS 2012 Occupancy Pace as of Jun 30, 2012 and May 31, 2012 versus same period 2011 NOTE: This is not a forecast of bookings. Data present ed in this report represents Occupancy on the books as of the date noted above CONFIDENTIAL INFORMATION: Reproduction or Further Distribution Prohibited PERIOD: Bookings as of July 31, 2007 Period: Bookings as of October 31, 2006 Vail RevPAR for the prior 6 months changed by (0.0%) Historic ActualOn The Books OCCUPANCY AS OF JUN 30 OCCUPANCY AS OF MAY 31 Occupancy Occupancy Occupancy Occupancy Incremental Incremental Absolute Percent 2011 as of as of Absolute as of as of Absolute occupancy booked occupancy booked Change in Change in Historic actual Month of Occupancy:06/30/12 06/30/11 Change 05/31/12 05/31/11 Change during Jun. 2012 during Jun. 2011 Incremental Fill Incremental Fill**occupancy June 46.2%44.5%1.7%37.5%37.7%-0.1%8.6%6.9%1.8%25.9%44.5% July 55.2%49.3%5.9%42.7%35.6%7.1%12.5%13.7%-1.2%-8.8%60.2% August 36.8%29.5%7.3%29.2%21.2%8.0%7.6%8.3%-0.7%-8.7%50.9% September 21.4%16.1%5.3%17.9%12.2%5.8%3.5%3.9%-0.5%-11.8%37.8% October 6.7%5.1%1.7%5.8%5.6%0.3%0.9%-0.5%1.4%Undefined 21.7% November 4.5%5.6%-1.1%2.9%2.8%0.1%1.7%2.8%-1.1%-40.7%27.3% Total 28.6%25.2%3.4%22.7%19.3%3.3%5.9%5.9%0.0%0.4%40.6% “*Based on providing complete pacing data within a given month of occupancy only. Results may differ from those presented elsewhere in report if propert y set differs.” **Results for "percent change 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 t he upcoming five months (as well as the six-month p eriod in total). These results provide an indicati on of the degree to which booking activity occurring during the month just ended was great er or less than booking activity occurring in the s ame month a year ago -- i.e. a measure of the stren gth of booking activity occurring during the month just ended. Supporting Table for Chart 4 & Change in Incrementa l Fill INCREMENTAL OCCUP. BOOKEDCHG IN INCREMENTAL OCCUP. (i.e. FILL DURING MONTH JUST ENDED)BOOKED (I.e CHANGE IN FILL) 46% 55% 37% 21% 7% 5% 45% 49% 29% 16% 5%6% 38% 43% 29% 18% 6% 3% 38%36% 21% 12% 6% 3% 60.2% 50.9% 37.8% 21.7% 27.3% 0% 10% 20% 30% 40% 50% 60% 70% 80% 0% 10% 20% 30% 40% 50% 60% 70% 80% JuneJulyAugustSeptemberOctoberNovember Oc c u p a n c y R a t e Month of Occupancy Chart 4 -Year over Year Fill Analysis Occupancy as of 06/30/12 Occupancy as of 06/30/11 Occupancy as of 05/31/12 Occupancy as of 05/31/11 2011 Historic actual occupancy 7/10/2012 Copyright (c) 2006 - 2012, MTRiP, LLC All Rights R eserved. Confidential Information not for reproduction and p rotected by law. info@mtrip.org www.mt rip.org 5 RESERVATIONS ACTIVITY REPORT SECTION 5A - SUPPORTING DATA TABLES Bookings as of Jun 30, 2012 NOTE: This is not a forecast of bookings. Data present ed in this report represents Occupancy on the books as of the date noted above CONFIDENTIAL INFORMATION: Reproduction or Further Distribution Prohibited OCCUPANCY RATE OCCUPANCY RATE: YTD 2012 VS. YTD 2011 Occup. Rate as of:Occup. Rate as of: Percent Historic Actual # of June 30, 2012 June 30, 2011 Change in Occup. Rate Properties Month of Occupancy (2012 & 2011)(2012 season)(2011 season)#YTD Occ. Rate (2011 season)in Sample January 66.4%67.0%-0.9%23 February 72.1%73.0%-1.2%24 March 74.6%73.4%1.6%24 April 31.0%38.5%-19.5%23 May 16.6%13.7%21.0%23 June Historic Actual 44.9%43.8%2.7%24 July On the Books 54.0%48.9%10.3%60.0%24 August 35.6%29.3%21.3%50.6%24 September 20.2%15.6%29.9%37.3%24 October 6.5%5.0%30.9%21.4%23 November 4.3%5.3%-18.9%26.6%24 December 9.7%12.4%-21.2%59.1%23 Grand total Vail RevPAR for the prior 6 months changed by (0.0%)37.0%35.9%3.1%47.5%24 Historic months total 51.9%52.4%-0.9%52.4%24 On the Books months total 21.9%19.8%10.7%42.8%24 AVERAGE DAILY RATE ADR: YTD 2012 VS. YTD 2011 ADR as of:ADR as of:Percent Historic Actual # of June 30, 2012 June 30, 2011 Change ADR Properties Month of Occupancy (2012 & 2011)(2012 season)(2011 season)in YTD ADR (2011 season)in Sample January $411 $385 6.7%23 February $440 $432 1.9%24 March $428 $422 1.4%24 April $287 $202 42.0%23 May $124 $130 -4.2%23 June Historic Actual $158 $152 3.4%24 July On the Books $194 $186 4.1%$183 24 August $195 $190 2.6%$178 24 September $147 $152 -3.4%$149 24 October $119 $126 -6.1%$129 23 November $127 $117 8.5%$146 24 December $467 $449 3.9%$473 23 Grand total $313 $301 3.9%$292 24 Historic months total $360 $339 6.1%$339 24 On the Books months total $201 $204 -1.2%$235 24 REVENUE PER AVAILABLE ROOM REVPAR: YTD 2012 VS. YTD 2011 RevPAR as of:RevPAR as of:Percent Historic Actual # of June 30, 2012 June 30, 2011 Change in RevPAR Properties Month of Occupancy (2012 & 2011)(2012 season)(2011 season)YTD RevPAR (2011 season)in Sample January $273 $258 5.8%23 February $318 $315 0.7%24 March $319 $310 3.0%24 April $89 $78 14.4%23 May $21 $18 15.9%23 June Historic Actual $71 $67 6.1%24 July On the Books $105 $91 14.9%$110 24 August $69 $56 24.5%$90 24 September $30 $24 25.4%$56 24 October $8 $6 22.9%$28 23 November $5 $6 -12.0%$39 24 December $45 $55 -18.1%$280 23 Grand total $116 $108 7.1%$139 24 Historic months total $187 $178 5.2%$178 24 On the Books months total $44 $40 9.3%$100 24 7/10/2012 Copyright (c) 2006 - 2012, MTRiP, LLC All Rights R eserved. Confidential Information not for reproduction and p rotected by law. info@mtrip.org www.mt rip.org 6 RESERVATIONS ACTIVITY REPORT SECTION 5B - SUPPORTING SUMMER DATA TABLES Summer Bookings as of Jun 30, 2012 NOTE: This is not a forecast of bookings. Data present ed in this report represents Occupancy on the books as of the date noted above CONFIDENTIAL INFORMATION: Reproduction or Further D istribution Prohibited OCCUPANCY RATE OCCUPANCY RATE: YTD 2011 VS. YTD 2010 Occup. Rate as of:Occup. Rate as of: Percent Historic Actual June 30, 2012 June 30, 2011 Change in Occup. Rate Month of Occupancy (2012 & 2011)(2012 Season)(2011 Season) YTD Occ. Rate (2011 Season) May 16.6%13.7%21.0% June Historic 44.9%43.8%2.7% July On the Books 54.0%48.9%10.3%60.0% August 35.6%29.3%21.3%50.6% September 20.2%15.6%29.9%37.3% October 6.5%5.0%30.9%21.4% Summer Total 30.0%26.6%12.7%38.6% AVERAGE DAILY RATE ADR: YTD 2011 VS. YTD 2010 ADR as of:ADR as of:Percent Historic Actual June 30, 2012 June 30, 2011 Change ADR Month of Occupancy (2012 & 2011)(2012 Season)(2011 Season)YTD ADR (2011 Season) May $124 $130 -4.2% June Historic $158 $152 3.4% July On the Books $194 $186 4.1%$183 August $195 $190 2.6%$178 September $147 $152 -3.4%$149 October $119 $126 -6.1%$129 Summer Total $171 $168 1.7%$163 REVENUE PER AVAILABLE ROOM REVPAR: YTD 2011 VS. YTD 2010 RevPAR as of:RevPAR as of:Percent Historic Actual June 30, 2012 June 30, 2011 Change in RevPAR Month of Occupancy (2012 & 2011)(2012 Season)(2011 Season)YTD RevPAR (2011 Season) May $21 $18 15.9% June Historic $71 $67 6.1% July On the Books $105 $91 14.9%$110 August $69 $56 24.5%$90 September $30 $24 25.4%$56 October $8 $6 22.9%$28 Summer Total $51 $45 14.6%$63 7/10/2012 Copyright (c) 2006 - 2012, MTRiP, LLC All Rights R eserved. Confidential Information not for reproduction and p rotected by law. info@mtrip.org www.mt rip.org 7 RESERVATIONS ACTIVITY REPORT SECTION 5C - SUPPORTING WINTER DATA TABLES Winter Bookings as of Jun 30, 2012 NOTE: This is not a forecast of bookings. Data present ed in this report represents Occupancy on the books as of the date noted above CONFIDENTIAL INFORMATION: Reproduction or Further Dis tribution Prohibited OCCUPANCY RATE OCCUPANCY RATE: YTD 2012/13 VS. YTD 2011/12 Occup. Rate as of:Occup. Rate as of: Percent Historic Actual June 30, 2012 June 30, 2011 Change in Occup. Rate Month of Occupancy (2012/13 & 2011/12)(2012/13 season)(2011/12 season) YTD Occ. Rate (2011/12 season) November On the Books 4.3%5.3%-18.9%26.6% December 9.7%12.4%-21.2%59.1% January February March April Winter Total 7.0%8.8%-20.1%42.7% AVERAGE DAILY RATE ADR: YTD 2012/13 VS. YTD 2011/12 ADR as of:ADR as of:Percent Historic Actual June 30, 2012 June 30, 2011 Change in ADR Month of Occupancy (2012/13 & 2011/12)(2012/13 season)(2011/12 season) YTD ADR (2011/12 season) November On the Books $127 $117 8.5%$146 December $467 $449 3.9%$473 January February March April Winter Total $364 $349 4.3%$371 REVENUE PER AVAILABLE ROOM REVPAR: YTD 2012/13 VS. YTD 2011/12 RevPAR as of:RevPAR as of:Percent Historic Actual June 30, 2012 June 30, 2011 Change in RevPAR Month of Occupancy (2012/13 & 2011/12)(2012/13 season)(2011/12 season) YTD ADR (2011/12 season) November On the Books $5 $6 -12.0%$39 December $45 $55 -18.1%$280 January February March April Winter Total $26 $31 -16.6%$158 7/10/2012 Copyright (c) 2006 - 2012, MTRiP, LLC All Rights R eserved. Confidential Information not for reproduction and p rotected by law. info@mtrip.org www.mt rip.org 8