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HomeMy WebLinkAboutVail RAO as of August 31 2019Executive Summary Res Activity Outlook as of Aug 31, 2019 Executive Summary Data based on a sample of up to 28 properties in the Vail destination, representing up to 2600 Units ('DestiMetrics Census'*) and 68.47% of 3797 total units in the Vail destination ('Destination Census'**) Last Month Performance: Current YTD vs. Previous YTD 2019/20 2018/19 Year over Year % Variance Vail Occupancy for last month (Aug) changed by (-6.1%)Occupancy (Aug) :55.7%59.3%-6.1% Vail ADR for last month (Aug) changed by (-0.1%)ADR (Aug) :$ 269 $ 269 -0.1% Vail RevPAR for last month (Aug) changed by (-6.2%)RevPAR (Aug) :$ 150 $ 159 -6.2% Next Month Performance: Current YTD vs. Previous YTD Vail Occupancy for next month (Sep) changed by (-5.3%)Occupancy (Sep) :37.1%39.2%-5.3% Vail ADR for next month (Sep) changed by (1.1%)ADR (Sep) :$ 230 $ 227 1.1% Vail RevPAR for next month (Sep) changed by (-4.3%)RevPAR (Sep) :$ 85 $ 89 -4.3% Historical past 6 months Month Actual Performance: Current YTD vs. Previous YTD Vail Occupancy for the past 6 months changed by (-3.8%)Occupancy 49.1%51.1%-3.8% Vail ADR for the past 6 months changed by (-1.5%)ADR $ 326 $ 331 -1.5% Vail RevPAR for the past 6 months changed by (-5.2%)RevPAR $ 160 $ 169 -5.2% Future 6 Month On The Books Performance: Current YTD vs. Previous YTD Vail Occupancy for the furture 6 months changed by (-5.6%)Occupancy 22.5%23.9%-5.6% Vail ADR for the future 6 months changed by (2.6%)ADR $ 446 $ 434 2.6% Vail RevPAR for the future 6 months changed by (-3.2%)RevPAR $ 100 $ 104 -3.2% Incremental Pacing - % Variance in Rooms Booked last Calendar Month: Aug 31, 2019 vs. Previous Year Rooms Booked during last month (Aug,19) compared to Rooms Booked during the same period last year (Aug,18) for all arrival dates has changed by (2.0%)Booking Pace (Aug)6.1%5.9%2.0% * 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. © 2019 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 Aug 31, 2019 © 2019 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 Aug 31, 2019 © 2019 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 Aug 31, 2019 © 2019 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 2019/20 vs 2018/19 © 2019 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 Aug 31, 2019 © 2019 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 Aug 31, 2019 © 2019 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 Aug 31, 2019 © 2019 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 as of Aug 31, 2019 © 2019 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 Aug 31, 2019 © 2019 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 Aug 31, 2019 © 2019 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 Aug 31, 2019 © 2019 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 2019/20 vs 2018/19 © 2019 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 Aug 31, 2019 *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 Aug 31, 2019 © 2019 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 2019/20 VS. YTD 2018/19 Month of Occupancy Occ Rate as of Aug 31, 2019 Occ Rate as of Aug 31, 2018 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 Mar 19 69.8%64.5%8.2%79,887 55,763 79,936 51,561 28 Apr 19 31.1%29.3%6.2%75,534 23,501 72,449 21,228 28 May 19 20.3%26.2%-22.4%72,127 14,655 68,703 17,981 28 Jun 19 50.0%57.7%-13.3%76,266 38,160 72,430 41,781 28 Jul 19 64.7%65.9%-1.8%76,826 49,725 73,638 48,530 27 Aug 19 55.7%59.3%-6.1%80,595 44,858 77,681 46,047 28 Sep 19 37.1%39.2%-5.3%45.6%75,375 27,994 73,726 28,922 27 Oct 19 16.4%18.7%-12.0%29.9%74,457 12,241 73,928 13,814 27 Nov 19 6.0%7.2%-17.4%27.3%71,001 4,229 73,285 5,286 27 Dec 19 22.1%18.3%20.9%55.0%76,746 16,953 77,178 14,096 27 Jan 20 25.7%29.6%-13.2%65.9%76,556 19,702 76,432 22,654 27 Feb 20 26.9%30.5%-11.8%73.2%72,652 19,530 69,026 21,049 27 Grand Total 36.0%37.5%-3.8%50.3%908,022 327,311 888,412 332,949 28 Historical Months Total 49.1%51.1%-3.8%51.1%461,235 226,662 444,837 227,128 28 On the Books Total 22.5%23.9%-5.6%49.6%446,787 100,649 443,575 105,821 27 Vail Average Daily Rate (Most Recent Data) Res Activity Outlook as of Aug 31, 2019 © 2019 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 2019/20 VS. YTD 2018/19 Month of Occupancy ADR as of Aug 31, 2019 ADR as of Aug 31, 2018 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 Mar 19 $564.03 $600.80 -6.1%55,763 $ 31,451,744 51,561 $ 30,977,654 28 Apr 19 $249.12 $260.57 -4.4%23,501 $ 5,854,471 21,228 $ 5,531,432 28 May 19 $165.85 $172.73 -4.0%14,655 $ 2,430,468 17,981 $ 3,105,908 28 Jun 19 $223.73 $226.99 -1.4%38,160 $ 8,537,664 41,781 $ 9,483,739 28 Jul 19 $273.37 $282.53 -3.2%49,725 $ 13,593,090 48,530 $ 13,711,066 27 Aug 19 $268.83 $269.04 -0.1%44,858 $ 12,059,390 46,047 $ 12,388,637 28 Sep 19 $229.65 $227.17 1.1%$225.59 27,994 $ 6,428,743 28,922 $ 6,570,177 27 Oct 19 $183.37 $178.20 2.9%$184.84 12,241 $ 2,244,638 13,814 $ 2,461,624 27 Nov 19 $265.25 $231.32 14.7%$223.95 4,229 $ 1,121,743 5,286 $ 1,222,777 27 Dec 19 $744.94 $728.22 2.3%$600.36 16,953 $ 12,629,040 14,096 $ 10,265,002 27 Jan 20 $575.72 $588.18 -2.1%$578.10 19,702 $ 11,342,847 22,654 $ 13,324,718 27 Feb 20 $567.09 $576.23 -1.6%$637.14 19,530 $ 11,075,199 21,049 $ 12,129,105 27 Grand Total $ 363 $ 364 -0.3%$ 400 327,311 $ 118,769,037 332,949 $ 121,171,838 28 Historical Months Total $ 326 $ 331 -1.5%$ 331 226,662 $ 73,926,828 227,128 $ 75,198,436 28 On the Books Total $ 446 $ 434 2.6%$ 472 100,649 $ 44,842,210 105,821 $ 45,973,402 27 Vail Revenue Per Available Room (Most Recent Data) Res Activity Outlook as of Aug 31, 2019 © 2019 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 2019/20 VS. YTD 2018/19 Month of Occupancy RevPAR as of Aug 31, 2019 RevPAR as of Aug 31, 2018 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 Mar 19 $393.70 $387.53 1.6%79,887 $ 31,451,744 79,936 $ 30,977,654 28 Apr 19 $77.51 $76.35 1.5%75,534 $ 5,854,471 72,449 $ 5,531,432 28 May 19 $33.70 $45.21 -25.5%72,127 $ 2,430,468 68,703 $ 3,105,908 28 Jun 19 $111.95 $130.94 -14.5%76,266 $ 8,537,664 72,430 $ 9,483,739 28 Jul 19 $176.93 $186.20 -5.0%76,826 $ 13,593,090 73,638 $ 13,711,066 27 Aug 19 $149.63 $159.48 -6.2%80,595 $ 12,059,390 77,681 $ 12,388,637 28 Sep 19 $85.29 $89.12 -4.3%$102.90 75,375 $ 6,428,743 73,726 $ 6,570,177 27 Oct 19 $30.15 $33.30 -9.5%$55.30 74,457 $ 2,244,638 73,928 $ 2,461,624 27 Nov 19 $15.80 $16.69 -5.3%$61.12 71,001 $ 1,121,743 73,285 $ 1,222,777 27 Dec 19 $164.56 $133.00 23.7%$330.33 76,746 $ 12,629,040 77,178 $ 10,265,002 27 Jan 20 $148.16 $174.33 -15.0%$381.23 76,556 $ 11,342,847 76,432 $ 13,324,718 27 Feb 20 $152.44 $175.72 -13.2%$466.22 72,652 $ 11,075,199 69,026 $ 12,129,105 27 Grand Total $ 131 $ 136 -4.1%$ 201 908,022 $ 118,769,037 888,412 $ 121,171,838 28 Historical Months Total $ 160 $ 169 -5.2%$ 169 461,235 $ 73,926,828 444,837 $ 75,198,436 28 On the Books Total $ 100 $ 104 -3.2%$ 234 446,787 $ 44,842,210 443,575 $ 45,973,402 27 Vail Data Tables (Summer-to-date) Res Activity Outlook as of Aug 31, 2019 © 2019 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 2019/20 VS. YTD 2018/19 Month of Occupancy RevPAR as of Aug 31, 2019 RevPAR as of Aug 31, 2018 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 May 19 $33.70 $45.21 -25.5%72,127 $ 2,430,468 68,703 $ 3,105,908 28 Jun 19 $111.95 $130.94 -14.5%76,266 $ 8,537,664 72,430 $ 9,483,739 28 Jul 19 $176.93 $186.20 -5.0%76,826 $ 13,593,090 73,638 $ 13,711,066 27 Aug 19 $149.63 $159.48 -6.2%80,595 $ 12,059,390 77,681 $ 12,388,637 28 Sep 19 $85.29 $89.12 -4.3%$102.90 75,375 $ 6,428,743 73,726 $ 6,570,177 27 Oct 19 $30.15 $33.30 -9.5%$55.30 74,457 $ 2,244,638 73,928 $ 2,461,624 27 Summer Total $ 99 $ 108 -8.3%$ 115 455,646 $ 45,293,993 440,106 $ 47,721,150 28 Summer Bookings: Average Daily Rate: YTD 2019/20 VS. YTD 2018/19 Month of Occupancy ADR as of Aug 31, 2019 ADR as of Aug 31, 2018 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 $165.85 $172.73 -4.0%14,655 $ 2,430,468 17,981 $ 3,105,908 28 Jun 19 $223.73 $226.99 -1.4%38,160 $ 8,537,664 41,781 $ 9,483,739 28 Jul 19 $273.37 $282.53 -3.2%49,725 $ 13,593,090 48,530 $ 13,711,066 27 Aug 19 $268.83 $269.04 -0.1%44,858 $ 12,059,390 46,047 $ 12,388,637 28 Sep 19 $229.65 $227.17 1.1%$225.59 27,994 $ 6,428,743 28,922 $ 6,570,177 27 Oct 19 $183.37 $178.20 2.9%$184.84 12,241 $ 2,244,638 13,814 $ 2,461,624 27 Summer Total $ 241 $ 242 -0.3%$ 240 187,633 $ 45,293,993 197,075 $ 47,721,150 28 Summer Bookings: Occ Rate: YTD 2019/20 VS. YTD 2018/19 Month of Occupancy Occ Rate as of Aug 31, 2019 Occ Rate as of Aug 31, 2018 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 May 19 20.3%26.2%-22.4%72,127 14,655 68,703 17,981 28 Jun 19 50.0%57.7%-13.3%76,266 38,160 72,430 41,781 28 Jul 19 64.7%65.9%-1.8%76,826 49,725 73,638 48,530 27 Aug 19 55.7%59.3%-6.1%80,595 44,858 77,681 46,047 28 Sep 19 37.1%39.2%-5.3%45.6%75,375 27,994 73,726 28,922 27 Oct 19 16.4%18.7%-12.0%29.9%74,457 12,241 73,928 13,814 27 Summer Total 41.2%44.8%-8.0%47.8%455,646 187,633 440,106 197,075 28 Vail Data Tables (Winter-to-date) Res Activity Outlook as of Aug 31, 2019 © 2019 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 2019/20 VS. YTD 2018/19 Month of Occupancy RevPAR as of Aug 31, 2019 RevPAR as of Aug 31, 2018 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 Nov 19 $15.80 $16.69 -5.3%$61.12 71,001 $ 1,121,743 73,285 $ 1,222,777 27 Dec 19 $164.56 $133.00 23.7%$330.33 76,746 $ 12,629,040 77,178 $ 10,265,002 27 Jan 20 $148.16 $174.33 -15.0%$381.23 76,556 $ 11,342,847 76,432 $ 13,324,718 27 Feb 20 $152.44 $175.72 -13.2%$466.22 72,652 $ 11,075,199 69,026 $ 12,129,105 27 Mar 20 Apr 20 Winter Total $ 122 $ 125 -2.4%$ 310 296,955 $ 36,168,829 295,921 $ 36,941,602 27 Winter Bookings: Average Daily Rate: YTD 2019/20 VS. YTD 2018/19 Month of Occupancy ADR as of Aug 31, 2019 ADR as of Aug 31, 2018 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 19 $265.25 $231.32 14.7%$223.95 4,229 $ 1,121,743 5,286 $ 1,222,777 27 Dec 19 $744.94 $728.22 2.3%$600.36 16,953 $ 12,629,040 14,096 $ 10,265,002 27 Jan 20 $575.72 $588.18 -2.1%$578.10 19,702 $ 11,342,847 22,654 $ 13,324,718 27 Feb 20 $567.09 $576.23 -1.6%$637.14 19,530 $ 11,075,199 21,049 $ 12,129,105 27 Mar 20 Apr 20 Winter Total $ 599 $ 586 2.2%$ 560 60,414 $ 36,168,829 63,085 $ 36,941,602 27 Winter Bookings: Occ Rate: YTD 2019/20 VS. YTD 2018/19 Month of Occupancy Occ Rate as of Aug 31, 2019 Occ Rate as of Aug 31, 2018 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 Nov 19 6.0%7.2%-17.4%27.3%71,001 4,229 73,285 5,286 27 Dec 19 22.1%18.3%20.9%55.0%76,746 16,953 77,178 14,096 27 Jan 20 25.7%29.6%-13.2%65.9%76,556 19,702 76,432 22,654 27 Feb 20 26.9%30.5%-11.8%73.2%72,652 19,530 69,026 21,049 27 Mar 20 Apr 20 Winter Total 20.3%21.3%-4.6%55.4%296,955 60,414 295,921 63,085 27