HomeMy WebLinkAboutVail_Production_Notes_10-31-2019Copyright (c) 2019, Sterling Valley Systems All Rights Reserved.
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Data as of: 10/31/2019
Vail Production Notes
RAO PRODUCTION NOTES:
General RAO Notes:
➢ All months, except November and April, are showing an increase in inventory compared to last year at this time
o October: +807 RNA or +26 units per day
o November: -565 RNA or -19 units per day
o December: +538 RNA or +17 units per day
o January: +130 RNA or +4 units per day
o February: +2,727 RNA or +94 units per day
o March: +318 RNA or +10 units per day
o April: -617 RNA or -21 units per day
➢ On the books occupancy is up +4.2% (-0.6% last month) over last year, while historic actual occupancy is down -
5.9% (-5.8% last month) over last year
➢ On the books ADR is up +3.4% (+3.7% last month) over last year, while historic actual ADR is down -0.9% (-1.0%
last month) over last year
➢ On the books RevPAR is up +7.8% (+3.1% last month) over last year while historic actual RevPAR is down -6.8% (-
6.8% last month) over last year
Summer Season:
➢ October gained +7.1% as an absolute measure of occupancy in October
o Bookings made in October for October are up +0.8% in absolute variance vs those made last year in
October for October
➢ As a measure of RevPAR summer season actualized down -6.8% (-7.1% last month) compared to last year at this
time
➢ As a measure of ADR summer season actualized down -0.9% (-0.6% last month) compared to last year at this
time
➢ As a measure of Occupancy summer season actualized down -5.9% (-6.5% last month) compared to last year at
this time
➢ October had an occupancy gain over last summer season
➢ September had an ADR gain over last summer season
➢ Seasonal Inventory
o For the entire summer season there were 459,809 room nights available, a +3.4% increase over last
summer season (444,492)
➢ Seasonal Bookings
o For the entire summer season there were 206,994 room nights booked, a -2.7% decrease over last
summer season (212,729)
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Communications@Inntopia.com
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Winter Season:
➢ November gained +6.3% as an absolute measure of occupancy in October
o Bookings made in October for November are up +0.8% in absolute variance vs those made last year in
October for November
➢ December gained +8.9% as an absolute measure of occupancy in October
o Bookings made in October for December are up +0.9% in absolute variance vs those made last year in
October for December
➢ January gained +6.4% as an absolute measure of occupancy in October
o Bookings made in October for January are down -0.7% in absolute variance vs those made last year in
October for January
➢ February gained +6.9% as an absolute measure of occupancy in October
o Bookings made in October for February are down -0.2% in absolute variance vs those made last year in
October for February
➢ March gained +5.4% as an absolute measure of occupancy in October
o Bookings made in October for March are up +0.2% in absolute variance vs those made last year in
October for March
➢ April is now on the books, showing 8% occupancy, up +105.4% over last year at this time (3.9%)
➢ As a measure of RevPAR, winter season is now up +7.8% (+3.4% last month) compared to last year at this time
➢ As a measure of ADR, winter season is now up +3.4% (+3.7% last month) compared to last year at this time
➢ As a measure of Occupancy, winter season is now up +4.2% (-0.3% last month) compared to last year at this time
➢ November, December, March, and April are showing occupancy gains over last winter season
➢ November, December, January, February, and March are showing ADR gains over last winter season
➢ Seasonal Inventory
o For the entire winter season there are 446,990 room nights available, a +0.6% increase over last winter
season (444,459)
➢ Seasonal Bookings
o For the entire winter season there are 122,636 room nights booked, a +4.8% increase over last winter
season (117,045)
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Copyright (c) 2019, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
www.Inntopia.com
DOR PRODUCTION NOTES:
October:
➢ October did experience short-lead bookings growth at the end of the month as expected, though YOY bookings
only slightly outperformed last year
o There were +24 (+1129 last report) more bookings than last year at this time
▪ Last year’s short lead bookings far exceeded those this year
o The 22nd had been experiencing a large underperformance versus last year, which did not experience
change from last report, and actualized -12.9% down (-12.9% last report)
o The day before Halloween outperformed last year by +16% (+17.9% last report)
o Halloween actualized down -2.1% (-3.6% last report)
o Inventory is higher than last year for the entire month
November:
➢ November has been experiencing performance swings around Thanksgiving which have grown in variance since
the last report
o There are +2107 (+1615 last report) more bookings than last year at this time
o The largest outperformances are confined to the end of the month, and have increased their
outperformance since last report, a measured noted in the last 4 reports
▪ Additionally, these days have now outperformed last year’s historic actuals
o November 27th was experiencing the largest outperformance, up +24.3% (+22.1% last report) over last
year, but now Thanksgiving Day has risen to the month’s leader, up +24.6% (21.4% last report)
o Inventory is higher than last year for the entire month
December:
➢ With the exception of the 2nd, December bookings are outpacing last year for every day of the month
o There are +4805 (+3996 last report) more bookings than last year at this time
o The largest outperformance is on the 22nd, up +9.8% (+11.1% last report) over last year at this time
o The 21st is also showing a strong outperformance, up +8.9% over last year at this time
o Christmas is now up +3.7% (+3.6% last report) over last year at this time
o New Year’s Eve is up +8.9% (+8.2% last report) over last year at this time
o Inventory is higher than last year for the entire month
January:
➢ January continues to underperform last year for the majority of the month with outperformances occurring in
the first and last week
o There are -2409 (-3420 last report) less bookings than last year at this time
o The largest losses are noticed on the 22nd and 23rd, down -21.4% and -20.5% respectively (-21.9% and -
23.8% respectively last report)
▪ While the 22nd and 23rd are the most prominent underperformances, the trend of
underperformance starts on the 12th and continues to the 26th
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o The largest outperformances are noted on the 28th, up +7.8% (+6.8% last report), and the 1st, up +9.8%
(+8.8% last report) over last year
o Inventory is higher than last year for the entire month
February:
➢ February is performing close to last year for the first week of the month, while the rest of the month is
underperforming last year, a measure noted in the last 2 reports as well
o There are -2472 (-3524 last report) less bookings than last year at this time
o The largest underperformance is on the 10th, down -17.5% (-19.7% last report) versus last year at this
time
▪ Most underperformances noted in February have decreased their variance since the last report
o The largest outperformance is on the 6th, up +8.2% (+6.5% last report) versus last year at this time
o Inventory is higher than last year for the entire month
March:
➢ March has experienced some considerable fill since the last report, and with the exception of the second week
of the month, most days are outperforming last year
o There are +2768 (+2038 last report) more bookings than last year at this time
o The largest outperformance is on the 15th, up +11.1% (+9.6% last report) over last year at this time
o The largest underperformance is on the 9th, down -5.5% over last year at this time
o Inventory is higher than last year for the entire month
April
➢ April came on the books as of last report and is still showing only 2 underperformances versus last year at this
time
o There are +3954 (+3356 last report) more bookings than last year at this time
o The largest outperformances are on the 4th (+13.3%), 27th (+13.3%), and 28th (+12.2%) over last year at
this time
o The only 2 underperformances are on the 15th and 16th, down -1.4% and -1.0% respectively
o Inventory is higher than last year for the entire month