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HomeMy WebLinkAbout05. Vail Executive Summary 2021-05-31Destination: Vail May (Actual) 2021 2020 May (Actual) 2021 2020 Paid Occupancy 18.2%4.0%351.9%Paid Occupancy 28.2%1.4%1862.5% ADR $191 $133 43.0%ADR $266 $118 125.3% June (On The Books) June (On The Books) Paid Occupancy 39.1%6.3%519.7%Paid Occupancy 16.4%1.7%864.4% ADR $287 $231 24.0%ADR $245 $164 49.8% July (On The Books) July (On The Books) Paid Occupancy 52.0%15.9%226.5%Paid Occupancy 31.4%9.8%222.1% ADR $355 $326 8.7%ADR $362 $282 28.3% August (On The Books) August (On The Books) Paid Occupancy 34.9%12.7%174.2%Paid Occupancy 39.8%20.8%91.3% ADR $336 $310 8.1%ADR $427 $331 28.9% September (On The Books) September (On The Books) Paid Occupancy 20.4%13.5%50.7%Paid Occupancy 28.4%17.7%60.4% ADR $273 $228 19.4%ADR $409 $313 30.9% October (On The Books) October (On The Books) Paid Occupancy 9.4%5.9%59.3%Paid Occupancy 21.8%16.6%30.8% ADR $203 $187 8.7%ADR $327 $261 25.6% November (On The Books) November (On The Books) Paid Occupancy 2.9%2.0%41.3%Paid Occupancy 9.4%9.3%0.7% ADR $306 $235 30.1%ADR $249 $192 29.6% 2021 2020 Year over Year % Difference 2021 2020 Year over Year % Difference May 7.3%-1.2%694.3%May 6.2%-1.4%553.5% Bookings as of May 31, 2021 Data based on a sample of up to 28 properties in the Vail destination, representing up to 2,600 Units ('DestiMetrics Census'*) and 68.46% 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 18.2% 4.0% 0.0% 2021 2020 Vail May Occupancy vs. Last Year 28.2%1.4% 2021 2020 DestiMetrics -Industry West May Occupancy vs. Last Year $191 $133 2021 2020 Vail May ADR vs. Last Year $266 $118 2021 2020 DestiMetrics -Industry West May ADR vs. Last Year Copyright (c) 2021, Sterling Valley Systems All Rights Reserved. Confidential Information not for reproduction and protected by law. DestiMetrics@Inntopia.com www.Inntopia.com