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HomeMy WebLinkAbout04. Vail Executive Summary 2020-11-30Destination: Vail November (Actual) 2020 2019 November (Actual) 2020 2019 Paid Occupancy 24.9%28.0%-11.0%Paid Occupancy 22.0%26.0%-15.2% ADR $262 $216 21.7%ADR $231 $188 23.0% December (On The Books) December (On The Books) Paid Occupancy 37.3%49.0%-23.7%Paid Occupancy 34.4%42.2%-18.6% ADR $557 $608 -8.3%ADR $511 $529 -3.4% January (On The Books) January (On The Books) Paid Occupancy 24.8%45.3%-45.3%Paid Occupancy 24.2%43.2%-43.9% ADR $547 $596 -8.3%ADR $461 $486 -5.0% February (On The Books) February (On The Books) Paid Occupancy 21.7%46.3%-53.1%Paid Occupancy 22.3%41.4%-46.2% ADR $582 $608 -4.4%ADR $496 $497 -0.1% March (On The Books) March (On The Books) Paid Occupancy 16.2%31.5%-48.5%Paid Occupancy 15.0%27.4%-45.1% ADR $558 $593 -5.9%ADR $474 $472 0.4% April (On The Books) April (On The Books) Paid Occupancy 3.7%9.8%-62.3%Paid Occupancy 4.6%8.0%-42.8% ADR $329 $276 19.2%ADR $259 $220 17.6% May (On The Books) May (On The Books) Paid Occupancy 2.3%5.3%-56.7%Paid Occupancy 4.4%6.9%-36.1% ADR $217 $170 28.0%ADR $216 $194 11.4% 2020 2019 Year over Year % Difference 2020 2019 Year over Year % Difference November 4.2%7.2%-41.2%November 3.6%6.5%-44.1% Bookings as of November 30, 2020 Data based on a sample of up to 28 properties in the Vail destination, representing up to 2,472 Units ('DestiMetrics Census'*) and 65.1% of 3,797 total units in the Vail destination ('Destination Census'**) Vail Year over Year % Difference DestiMetrics - Industry West Year over Year % Difference Booking Pace (Current Month) Booking Pace (Current Month) * DestiMetrics Census: Total number of rooms reported by participating DestiMetrics 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 Vail Transient Inventory Study restatement of August 2015 and adjusted for properties that have opened / closed since that time. This number varies infrequently as new propertie s start, or existing properties cease operations. RESERVATIONS ACTIVITY REPORT Executive Summary 24.9% 28.0% 2020 2019 Vail November Occupancy vs. Last Year 22.0%26.0% 2020 2019 DestiMetrics -Industry West November Occupancy vs. Last Year $262 $216 2020 2019 Vail November ADR vs. Last Year $231 $188 2020 2019 DestiMetrics -Industry West November ADR vs. Last Year Copyright (c) 2020, Sterling Valley Systems All Rights Reserved. Confidential Information not for reproduction and protected by law. DestiMetrics@Inntopia.com www.Inntopia.com