HomeMy WebLinkAbout04. Vail_Production_Notes_10-15-2020Copyright (c) 2020, Sterling Valley Systems All Rights Reserved.
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Data as of: 10/15/2020
Vail Production Notes
DOR PRODUCTION NOTES:
General DOR Notes:
➢ Average Daily Performance for the current month and upcoming 6, October 1st, 2020 to April 30th, 2021, is
currently down -8.6% (-8.8 last report) compared to last year
➢ Since the last report (09/30), bookings activity for October 1st through March 31st, 2021 has yielded a net of
+17,329 or 17,329 new bookings. This level of net booking activity has decreased from the last report (+21,064).
o *It is important to consider that when we observe net statistics these numbers take into account a
summation of both bookings and cancellations as both types of activity were noted since the last report.
o **We cannot account for the net change to bookings for the month of April as this month is newly on the
books and therefore has no change from the prior report
➢ New booking’s arrival date distribution of the total 17,329 added since last report
o October: +5,817 or 33.6%
o November: +2,911 or 16.8%
o December: +3,381 or 19.5%
o January: +1,404 or 8.1%
o February: +1,595 or 9.2%
o March: +2,221 or 12.8%
➢ From the new booking’s arrival date distribution, we can see that short-lead demand continues to inflate
bookings for the coming months. November surprisingly added the 3rd largest amount of new bookings, which
will create an interesting trend to watch and analyze in years to come, as November has notoriously been a
shoulder month with low occupancy, and currently has an average daily occupancy of 20%, an absolute increase
of +5% from the last report. Additionally, March’s new bookings seem to show further confidence in the winter
season as a large number of travelers targeted the month for travel plans. The level of new bookings added has
consistently fallen from the “high water” mark of +24,764 new bookings noted in the 09/15 report, which may
signal a slowing down of pent-up-demand bookings, could be due to seasonal trends or macroeconomic factors.
October
➢ October added a number of bookings consistent with those added last report, and as such has dramatically
improved average daily performance to +0.1% (-2.8% last report)
o There are -1,111 (-2,810 last report) less bookings than last year at this time
o Since the last report, there have been net +5,817 (+5,960 last report) bookings for the month
o Halloween is currently down -8.6% (-10.6% last report) with -234 (-274 last report) less bookings over
last year at this time and has added net +159 (+62 last report) bookings since the last report
o No days experienced a net decrease in bookings since the last report
o The largest addition in bookings, since the last report, occurred on the 17th, with +390 bookings added
o The largest outperformance is on the 11th, up +12.0% (+9.2% last report last year at this time
o The largest underperformance is on the 2nd, down -22.2% (-23.1% last report) over last year at this time
o Inventory is lower than last year
Copyright (c) 2020, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
www.Inntopia.com
November
➢ November continued the trend of large increases new bookings, as was noticed last report, and has further
improved average daily performance to an outperformance versus last year and is now +0.4% (-0.4% last report)
o There are -250 (-788 last report) less bookings than last year at this time
o Since the last report, there have been net +2,911 (+2,744 last report) bookings for the month
o The largest addition in bookings, since the last report, occurred on the 26th, with +164 bookings added
o No days experienced a net decrease in bookings since the last report
o The largest outperformance was on the 21st, up +9.5% (+9.3% last report), and has now shifted to the
22nd, up +10.4% over last year at this time
o The largest underperformance is on the 6th, down -12.5% (-13.5% last report) over last year at this time
o Inventory is lower than last year
December
➢ December added roughly 1,000 less net new bookings than the increase noted as of last report, which
consequentially led to a decrease in average daily performance, and now sits at -8.6% (-8.5% last report)
o There are -7,629 (-7,833 last report) less bookings than last year at this time
o Since the last report, there have been net +3,381 (+4,406 last report) bookings for the month
o The largest outperformance is on the 13th, up +3.4% (+2.1% last report) over last year at this time
o The largest underperformance is on the 25th, down -23.4% (-21.1% last report) over last year at this time
o Christmas Day is currently down -23.4% (-21.1% last report) with -623 (-590 last report) less bookings
than last year at this time and has added +93 (+135 last report) bookings since the last report
o New Year’s Eve is currently down -10.0% (-9.8% last report) with -287 (-294 last report) less bookings
than last year at this time and has added +114 (+169 last report) bookings since the last report
o The largest addition in bookings, since the last report, occurred on the 12th, with +157 bookings added
o No days experienced a net decrease in bookings since the last report
o Inventory is lower than last year
January
➢ January experienced over twice the amount of new bookings compared to those noted since the last report, but
the increase was dwarfed by new bookings last year at this time, bringing average daily performance down to -
17.3% (-16.3% last report)
o There are -14,129 (-14,047 last report) less bookings than last year at this time
o Since the last report, there have been net +1,404 (+601 last report) bookings for the month
o New Year’s Day is down -9.2% (-8.5% last report) with -264 (-255 last report) less bookings than last year
at this time and has added +101 (+164 last report) bookings since the last report
o There are no days outperforming last year
o The largest underperformance was on the 25th, down -24.8% (-26.7% last report), and has now shifted to
the 27th, down -29.2% over last year at this time
o The largest addition in bookings, since the last report, occurred on the 8th, with +118 bookings added
o The largest reduction in bookings, since the last report, occurred on the 28th, with -82 bookings
cancelled
o Inventory is lower than last year
Copyright (c) 2020, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
www.Inntopia.com
February
➢ While February added bookings in a manner consistent with those noticed last report, the bookings
underperformed versus new bookings at this time last year, and contributed to a large decrease in average daily
performance, which now is -21.4% (-20.1% last report)
o There are -15,501 (-15,496 last report) less bookings than last year at this time
o Since the last report, there have been net +1,595 (+1,349 last report) bookings for the month
o The largest addition in bookings, since the last report, occurred on the 25th, with +106 bookings added
o No days experienced a net decrease in bookings since the last report
o There are no days outperforming last year
o The largest underperformance was on the 28th, down -37.3% (-33.3% last report) over last year at this
time
o Inventory is lower than last year
March
➢ March experienced a large increase in bookings compared to those noted last report and thus has improved
average daily performance has to -10.3% (-10.8% last report)
o There are -8,573 (-9,092 last report) less bookings than last year at this time
o Since the last report, there have been net +2,221 (+1,013 last report) bookings for the month
o The largest addition in bookings, since the last report, occurred on the 16th, with +108 bookings added
o No days experienced a net decrease in bookings since the last report
o The largest outperformance was on the 28th, up +2.2% (+2.0% last report), and has now shifted to the
31st, up +3.4% over last year at this time
o The largest underperformance is on the 1st, down -39.9% (-35.4% last report) over last year at this time
o Inventory is lower than last year
April
➢ April has just come onto the books and is currently underperforming last year at this time as average daily
performance is -3.9%
o There are -3,151 less bookings than last year at this time
o Easter (4/4) is currently down -5.5% with -149 less bookings than last year at this time
o The largest outperformance is on the 20th, up +4.9% over last year at this time
o The largest underperformance is on the 3rd, down -23.2% over last year at this time
o Inventory is lower than last year