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HomeMy WebLinkAbout07. Vail Executive Summary through 2020-12-31Destination: Vail December (Actual) 2020 2019 December (Actual) 2020 2019 Paid Occupancy 45.5%56.5%-19.4%Paid Occupancy 40.6%49.8%-18.5% ADR $554 $633 -12.4%ADR $477 $534 -10.7% January (On The Books) January (On The Books) Paid Occupancy 36.2%57.3%-36.9%Paid Occupancy 33.5%54.8%-39.0% ADR $526 $588 -10.7%ADR $437 $475 -8.1% February (On The Books) February (On The Books) Paid Occupancy 27.9%54.8%-49.0%Paid Occupancy 28.5%50.4%-43.5% ADR $572 $627 -8.8%ADR $487 $496 -1.8% March (On The Books) March (On The Books) Paid Occupancy 20.4%37.5%-45.6%Paid Occupancy 19.1%34.0%-43.9% ADR $537 $593 -9.4%ADR $478 $477 0.1% April (On The Books) April (On The Books) Paid Occupancy 4.6%11.8%-60.5%Paid Occupancy 5.3%9.4%-43.3% ADR $336 $293 14.8%ADR $284 $233 22.0% May (On The Books) May (On The Books) Paid Occupancy 2.3%5.7%-60.3%Paid Occupancy 4.7%7.7%-39.7% ADR $219 $171 28.6%ADR $227 $199 13.9% June (On The Books) June (On The Books) Paid Occupancy 7.5%15.3%-50.9%Paid Occupancy 13.7%18.5%-26.0% ADR $254 $227 11.9%ADR $322 $280 15.1% 2020 2019 Year over Year % Difference 2020 2019 Year over Year % Difference December 5.1%6.3%-18.0%December 5.0%6.6%-23.4% Bookings as of December 31, 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 45.5%56.5% 2020 2019 Vail December Occupancy vs. Last Year 40.6%49.8% 2020 2019 DestiMetrics -Industry West December Occupancy vs. Last Year $554 $633 2020 2019 Vail December ADR vs. Last Year $477 $534 2020 2019 DestiMetrics -Industry West December 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