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Home My WebLink About07. Vail_Prod_Notes_7-31-2019Copyright (c) 2019, Sterling Valley Systems All Rights Reserved. Confidential Information not for reproduction and protected by law. Communications@Inntopia.com www.Inntopia.com Data as of: 07/31/2019 Vail Production Notes RAO PRODUCTION NOTES: General RAO Notes: ➢ July and all months on the books are showing an increase in inventory, except December and January, compared to last year at this time. o July: +3,118 RNA or +103 units per day o August: +2,408 RNA or +78 units per day o September: +609 RNA or +20 units per day o October: +738 RNA or +24 units per day o November: +267 RNA or +9 units per day o December: -278 RNA or -9 units per day o January: -81 RNA or -3 units per day ➢ On the books occupancy is down -6.01% (-8.69% last month) over last year, while historic actual occupancy is down -0.72% (-0.67% last month) over last year ➢ On the books ADR is up +2.1% (+1.11% last month) over last year, while historic actual ADR is down -0.44% (+0.74% last month) over last year ➢ On the books RevPAR is down -4.0% (-7.67% last month) over last year while historic actual RevPAR is down - 1.17% (+0.07% last month) over last year Summer Season: ➢ July gained +11% as an absolute measure of occupancy in June o Bookings made in July for July are up +2.4% in absolute variance vs those made last year in July for July ➢ August gained +10.8% as an absolute measure of occupancy in July o Bookings made in July for August are up +1.5% in absolute variance vs those made last year in July for August ➢ September gained +5.6% as an absolute measure of occupancy in July o Bookings made in July for September are down -0.3% in absolute variance vs those made last year in July for September ➢ October gained +1.4% as an absolute measure of occupancy in July o Bookings made in July for October are down -1.6% in absolute variance vs those made last year in July for October ➢ As a measure of RevPAR summer season is now down -11.22% (-12.7% last month) compared to last year as of July 31, 2018 ➢ As a measure of ADR summer season is now down -1.87% (-0.41% last month) compared to last year as of July 31, 2018 ➢ As a measure of Occupancy summer season is now down -9.53% (-12.36% last month) compared to last year as of July 31, 2018 ➢ No months are showing an occupancy gain over last summer season ➢ October is showing an ADR gain over last summer season Copyright (c) 2019, Sterling Valley Systems All Rights Reserved. Confidential Information not for reproduction and protected by law. Communications@Inntopia.com www.Inntopia.com Winter Season: ➢ November gained +1.2% as an absolute measure of occupancy in July o Bookings made in July for November are down -0.4% in absolute variance vs those made last year in July for November ➢ December gained +3.1% as an absolute measure of occupancy in July o Bookings made in July for December are up +0.2% in absolute variance vs those made last year in July for December ➢ January is now on the books, showing 20.97% occupancy, down -3.62% over last year at this time. ➢ As a measure of RevPAR, winter season is now up +4.11% (+4.51% last month) compared to last year as of July 31, 2018 ➢ As a measure of ADR, winter season is now up +1.93% (-4.32% last month) compared to last year as of July 31, 2018 ➢ As a measure of Occupancy, winter season is now up +2.14% (+9.23% last month) compared to last year as of July 31, 2018 ➢ December is showing an occupancy gain over last winter season ➢ November and January are showing ADR gains over last winter season DOR PRODUCTION NOTES: July: ➢ July actualized almost equivalent with last year. o Since the last report, most periods that were underperforming versus last year have decreased their variance and moved closer to equivalency with last year. o Underperformances noticed from the 10th to 18th have decreased their variance slightly since last report, a measure noted for the last 2 reports. o The 4th of July actualized up +16.8% over last year. o Inventory has experienced small increases over last year. August: ➢ August is underperforming versus last year for the majority of the month. o The first week of the month has experienced some fill since the last report and is now outperforming last year. o The largest losses are on the 14th, 15th, and 29th down roughly -25% over last year. o The largest gain over last year is on the 24th, up +13.7% o Inventory is slightly up over last year throughout the month. September: ➢ September is slightly outperforming last year. o Bookings fill has been noticed from the 15th to the 18th. o With the exception of the 14th, most days that were underperforming last year have decreased their variance since the last report. o Inventory is slightly higher than last year throughout the month. Copyright (c) 2019, Sterling Valley Systems All Rights Reserved. Confidential Information not for reproduction and protected by law. Communications@Inntopia.com www.Inntopia.com October: ➢ October has seen little change since the last report, and the majority of the month is slightly underperforming versus last year’s performance. o Gains on the 4th-7th have been noticed since the last report. o The day before Halloween is outperforming last year by +9.5%, while Halloween itself is slightly down - 1.17%. o Inventory is very slightly up over last year. November: ➢ November has experienced little activity for the month, a measure noted for the last 3 reports, and remains almost equivalent with last year’s performance o The most pronounced outperformance is on the 6th, up +5.5% (+3.39% last report) over last year, and the 27th, up +6.5%. o Slight outperformances are noticed around Thanksgiving, and Thanksgiving Day is up +3.8% over last year. o Inventory has increased slightly in the first half of the month and has experienced more significant increases in the latter half of the month, over last year. December: ➢ December is seeing bookings increases, over last year at this time, for every day of the month. o The largest outperformance is on the 6th, up +11.2% over last year. o Christmas is up +2.1% over last year. o New Year’s Eve is up +5.6% over last year. o Inventory is very slightly higher than last year. January: ➢ January is underperforming last year for the majority of the month. o The largest losses are noticed from the 23rd to the 25th, down 11%-17% over last year. o The largest outperformance is noted on the 28th, up +11.8%, and the 29th, up 8.6%. o Inventory is very slightly higher than last year.