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HomeMy WebLinkAbout08. Vail RAO as of December 31 2021Executive Summary Res Activity Outlook as of Dec 31, 2021 Executive Summary Data based on a sample of up to 27 properties in the Vail destination, representing up to 2492 Units ('DestiMetrics Census'*) and 65.63% of 3797 total units in the Vail destination ('Destination Census'**) Last Month Performance: Current YTD vs. Previous YTD 2021/22 2020/21 Year over Year % Variance Vail Occupancy for last month (Dec) changed by (34.8%)Occupancy (Dec) :62.4%46.3%34.8% Vail ADR for last month (Dec) changed by (41.8%)ADR (Dec) :$ 788 $ 556 41.8% Vail RevPAR for last month (Dec) changed by (91.1%)RevPAR (Dec) :$ 491 $ 257 91.1% Next Month Performance: Current YTD vs. Previous YTD Vail Occupancy for next month (Jan) changed by (78.7%)Occupancy (Jan) :63.4%35.5%78.7% Vail ADR for next month (Jan) changed by (27.9%)ADR (Jan) :$ 690 $ 539 27.9% Vail RevPAR for next month (Jan) changed by (128.5%)RevPAR (Jan) :$ 437 $ 191 128.5% Historical past 6 months Month Actual Performance: Current YTD vs. Previous YTD Vail Occupancy for the past 6 months changed by (28.6%)Occupancy 50.0%38.9%28.6% Vail ADR for the past 6 months changed by (30.5%)ADR $ 421 $ 322 30.5% Vail RevPAR for the past 6 months changed by (67.8%)RevPAR $ 211 $ 125 67.8% Future 6 Month On The Books Performance: Current YTD vs. Previous YTD Vail Occupancy for the furture 6 months changed by (116.1%)Occupancy 35.1%16.2%116.1% Vail ADR for the future 6 months changed by (23.9%)ADR $ 642 $ 518 23.9% Vail RevPAR for the future 6 months changed by (167.6%)RevPAR $ 225 $ 84 167.6% Incremental Pacing - % Variance in Rooms Booked last Calendar Month: Dec 31, 2021 vs. Previous Year Rooms Booked during last month (Dec,21) compared to Rooms Booked during the same period last year (Dec,20) for all arrival dates has changed by (15.6%)Booking Pace (Dec)5.9%5.1%15.6% * Inntopia Census: Total number of rooms reported by participating Inntopia 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 and adjusted for properties that have opened / closed since that time. This number varies infrequently as new properties start, or existing properties cease operations. DESCRIPTION: The Reservation Activity Outlook Report tracks occupancy, average daily rate (ADR), and revenue per available room (RevPAR); the key metrics most of interest to lodging properties. The report combines the data sets of participating properties into a destination wide view that features three data sets (providing that sufficient information is available) including: i)current YTD occupancy, ii) last YTD occupancy, iii) last season's ending occupancy. The Reservation Activity Outlook Report is generated on a monthly basis, usually for a 12 month subscription period, and is created from data provided by a group of properties participating in a cooperative manner, and representing a valid set of data as a result. Report results are provided only to those properties who participate by submitting their data. Additionally, participating properties can order (on an a-la-carte basis) an individual report which shows the reservation activity of their property, measured against an aggregated set of competitive properties that they choose from amongst Inntopia's other participants. As is the case in all Inntopia data, all information provided by individual properties is strictly confidential, except when aggregated with other data and indistinguishable as a result. © 2021 Sterling Valley Systems, Inc. All rights reserved. No parts of this work may be reproduced in any form or by any means, graphic, electronic or mechanical, including photocopying, recording, taping or information storage and retrieval systems - without the written permission of the copyright holder. Products that are referred to in this document may be either trademarks and/or registered trademarks of the respective owners. The publisher and the author make no claim to these Trademarks. While every precaution has been taken in the preparation of this document, the publisher and the author assume no responsibility for errors or omissions, or for damages resulting from the use of information contained in this document or from the use of programs and source code that may accompany it. In no event shall the publisher and the author be liable for any loss of profit or any other commercial damage caused or alleged to have been caused directly or indirectly by this document. Vail Paid Occupancy (Most Recent Data) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Average Daily Rate (Most Recent Data) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Revenue Per Available Room (Most Recent Data) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Variance in YTD Occupancy and ADR Res Activity Outlook 2021/22 vs 2020/21 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Paid Occupancy (Winter-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Average Daily Rate (Winter-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Revenue Per Available Room (Winter-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Variance in YTD Occupancy and ADR (Winter-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Paid Occupancy (Summer-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Average Daily Rate (Summer-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Revenue Per Available Room (Summer-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Variance in YTD Occupancy and ADR (Summer-to-date) Res Activity Outlook 2021/22 vs 2020/21 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Vail Paid Occupancy Fill Analysis Res Activity Outlook as of Dec 31, 2021 *Based on providing complete pacing data within a given month of occupancy only. Results may differ from those presented elsewhere in report if property set differs. **Results for "Percent Variance in incremental fill" indicate how room nights booked during the month just ended compare to room nights booked during the same month in the prior year, for occupancy in the month just ended and for the upcoming five months (as well as the six-month period in total). These results provide an indication of the degree to which booking activity occurring during the month just ended was greater or less than booking activity occurring in the same month a year ago -- i.e. a measure of the strength of booking activity occurring during the month just ended. Vail Paid Occupancy (Most Recent Data) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Occ Rate: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy Occ Rate as of Dec 31, 2021 Occ Rate as of Dec 31, 2020 Occ Percent Variance in YTD Occ Rate Historic Actual Occ Rate CY Room Nights Available CY Room Nights Booked PY Room Nights Available PY Room Nights Booked # of Properties in sample Jul 21 67.7%44.3%52.7%79,811 53,998 80,168 35,520 28 Aug 21 55.6%47.3%17.5%74,697 41,550 75,210 35,607 27 Sep 21 47.9%39.8%20.6%75,982 36,415 75,941 30,188 27 Oct 21 35.0%29.7%17.8%76,491 26,750 75,563 22,431 28 Nov 21 30.3%25.2%20.5%73,958 22,425 72,888 18,345 27 Dec 21 62.4%46.3%34.8%77,247 48,171 77,524 35,860 27 Jan 22 63.4%35.5%78.7%49.4%76,304 48,389 77,544 27,523 27 Feb 22 64.1%27.6%132.5%60.8%69,290 44,405 69,847 19,254 27 Mar 22 46.3%20.1%130.5%67.0%76,380 35,393 77,071 15,495 27 Apr 22 14.7%4.5%229.9%29.4%74,772 11,009 74,297 3,316 27 May 22 5.4%2.3%138.7%17.8%76,053 4,126 76,896 1,748 27 Jun 22 18.2%7.8%133.0%46.2%74,255 13,548 75,199 5,889 27 Grand Total 42.7%27.7%54.2%41.9%905,240 386,179 908,148 251,176 28 Historical Months Total 50.0%38.9%28.6%38.9%458,186 229,309 457,294 177,951 28 On the Books Total 35.1%16.2%116.1%45.0%447,054 156,870 450,854 73,225 27 Vail Average Daily Rate (Most Recent Data) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Average Daily Rate: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy ADR as of Dec 31, 2021 ADR as of Dec 31, 2020 ADR Percent Variance in YTD Adr Rate Historic Actual ADR CY Room Nights Booked CY Room Revenue Booked PY Room Nights Booked PY Room Revenue Booked # of Properties in sample Jul 21 $358.93 $289.07 24.2%53,998 $ 19,381,459 35,520 $ 10,267,804 28 Aug 21 $353.71 $279.39 26.6%41,550 $ 14,696,802 35,607 $ 9,948,191 27 Sep 21 $298.78 $249.52 19.7%36,415 $ 10,880,022 30,188 $ 7,532,424 27 Oct 21 $239.73 $217.32 10.3%26,750 $ 6,412,723 22,431 $ 4,874,601 28 Nov 21 $318.39 $262.48 21.3%22,425 $ 7,139,831 18,345 $ 4,815,254 27 Dec 21 $788.12 $555.98 41.8%48,171 $ 37,964,567 35,860 $ 19,937,526 27 Jan 22 $689.68 $539.28 27.9%$503.57 48,389 $ 33,372,931 27,523 $ 14,842,489 27 Feb 22 $726.81 $583.22 24.6%$559.17 44,405 $ 32,274,181 19,254 $ 11,229,390 27 Mar 22 $745.48 $569.31 30.9%$552.00 35,393 $ 26,384,666 15,495 $ 8,821,430 27 Apr 22 $356.20 $345.59 3.1%$320.78 11,009 $ 3,921,391 3,316 $ 1,145,992 27 May 22 $234.30 $219.34 6.8%$191.03 4,126 $ 966,724 1,748 $ 383,404 27 Jun 22 $274.29 $254.16 7.9%$287.70 13,548 $ 3,716,023 5,889 $ 1,496,722 27 Grand Total $ 510 $ 379 34.5%$ 390 386,179 $ 197,111,321 251,176 $ 95,295,227 28 Historical Months Total $ 421 $ 322 30.5%$ 322 229,309 $ 96,475,405 177,951 $ 57,375,801 28 On the Books Total $ 642 $ 518 23.9%$ 450 156,870 $ 100,635,916 73,225 $ 37,919,426 27 Vail Revenue Per Available Room (Most Recent Data) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com RevPAR Rate: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy RevPAR as of Dec 31, 2021 RevPAR as of Dec 31, 2020 RevPAR Percent Variance in YTD RevPAR Rate Historic Actual RevPAR CY Room Nights Available CY Room Revenue Booked PY Room Nights Available PY Room Revenue Booked # of Properties in sample Jul 21 $242.84 $128.08 89.6%79,811 $ 19,381,459 80,168 $ 10,267,804 28 Aug 21 $196.75 $132.27 48.7%74,697 $ 14,696,802 75,210 $ 9,948,191 27 Sep 21 $143.19 $99.19 44.4%75,982 $ 10,880,022 75,941 $ 7,532,424 27 Oct 21 $83.84 $64.51 30.0%76,491 $ 6,412,723 75,563 $ 4,874,601 28 Nov 21 $96.54 $66.06 46.1%73,958 $ 7,139,831 72,888 $ 4,815,254 27 Dec 21 $491.47 $257.18 91.1%77,247 $ 37,964,567 77,524 $ 19,937,526 27 Jan 22 $437.37 $191.41 128.5%$248.76 76,304 $ 33,372,931 77,544 $ 14,842,489 27 Feb 22 $465.78 $160.77 189.7%$339.95 69,290 $ 32,274,181 69,847 $ 11,229,390 27 Mar 22 $345.44 $114.46 201.8%$369.59 76,380 $ 26,384,666 77,071 $ 8,821,430 27 Apr 22 $52.44 $15.42 240.0%$94.32 74,772 $ 3,921,391 74,297 $ 1,145,992 27 May 22 $12.71 $4.99 154.9%$34.08 76,053 $ 966,724 76,896 $ 383,404 27 Jun 22 $50.04 $19.90 151.4%$133.05 74,255 $ 3,716,023 75,199 $ 1,496,722 27 Grand Total $ 218 $ 105 107.5%$ 164 905,240 $ 197,111,321 908,148 $ 95,295,227 28 Historical Months Total $ 211 $ 125 67.8%$ 125 458,186 $ 96,475,405 457,294 $ 57,375,801 28 On the Books Total $ 225 $ 84 167.6%$ 203 447,054 $ 100,635,916 450,854 $ 37,919,426 27 Vail Data Tables (Winter-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Winter Bookings: Revenue Per Available Room: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy RevPAR as of Dec 31, 2021 RevPAR as of Dec 31, 2020 Percent Variance in YTD RevPAR Historic Actual RevPAR CY Room Nights Available CY Room Revenue Booked PY Room Nights Available PY Room Revenue Booked # of Properties in sample Nov 21 $96.54 $66.06 46.1%73,958 $ 7,139,831 72,888 $ 4,815,254 27 Dec 21 $491.47 $257.18 91.1%77,247 $ 37,964,567 77,524 $ 19,937,526 27 Jan 22 $437.37 $191.41 128.5%$248.76 76,304 $ 33,372,931 77,544 $ 14,842,489 27 Feb 22 $465.78 $160.77 189.7%$339.95 69,290 $ 32,274,181 69,847 $ 11,229,390 27 Mar 22 $345.44 $114.46 201.8%$369.59 76,380 $ 26,384,666 77,071 $ 8,821,430 27 Apr 22 $52.44 $15.42 240.0%$94.32 74,772 $ 3,921,391 74,297 $ 1,145,992 27 Winter Total $ 315 $ 135 132.7%$ 230 447,951 $ 141,057,567 449,171 $ 60,792,081 27 Winter Bookings: Average Daily Rate: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy ADR as of Dec 31, 2021 ADR as of Dec 31, 2020 Percent Variance in YTD Adr Rate Historic Actual ADR CY Room Nights Booked CY Room Revenue Booked PY Room Nights Booked PY Room Revenue Booked # of Properties in sample Nov 21 $318.39 $262.48 21.3%22,425 $ 7,139,831 18,345 $ 4,815,254 27 Dec 21 $788.12 $555.98 41.8%48,171 $ 37,964,567 35,860 $ 19,937,526 27 Jan 22 $689.68 $539.28 27.9%$503.57 48,389 $ 33,372,931 27,523 $ 14,842,489 27 Feb 22 $726.81 $583.22 24.6%$559.17 44,405 $ 32,274,181 19,254 $ 11,229,390 27 Mar 22 $745.48 $569.31 30.9%$552.00 35,393 $ 26,384,666 15,495 $ 8,821,430 27 Apr 22 $356.20 $345.59 3.1%$320.78 11,009 $ 3,921,391 3,316 $ 1,145,992 27 Winter Total $ 672 $ 507 32.5%$ 495 209,792 $ 141,057,567 119,793 $ 60,792,081 27 Winter Bookings: Occ Rate: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy Occ Rate as of Dec 31, 2021 Occ Rate as of Dec 31, 2020 Occ Percent Variance in YTD Occ Rate Historic Actual Occ Rate CY Room Nights Available CY Room Nights Booked PY Room Nights Available PY Room Nights Booked # of Properties in sample Nov 21 30.3%25.2%20.5%73,958 22,425 72,888 18,345 27 Dec 21 62.4%46.3%34.8%77,247 48,171 77,524 35,860 27 Jan 22 63.4%35.5%78.7%49.4%76,304 48,389 77,544 27,523 27 Feb 22 64.1%27.6%132.5%60.8%69,290 44,405 69,847 19,254 27 Mar 22 46.3%20.1%130.5%67.0%76,380 35,393 77,071 15,495 27 Apr 22 14.7%4.5%229.9%29.4%74,772 11,009 74,297 3,316 27 Winter Total 46.8%26.7%75.6%46.4%447,951 209,792 449,171 119,793 27 Vail Data Tables (Summer-to-date) Res Activity Outlook as of Dec 31, 2021 © 2021 Sterling Valley Systems, Inc. DBA Inntopia Inntopia's business practices, metrics, reports, systems and procedures and all subscriber data is CONFIDENTIAL INFORMATION, and protected by law. Reproduction or distribution is prohibited. All individual Inntopia subscriber data is kept strictly confidential and displayed only when aggregated with other similar data and indistinguishable as a result. Inntopia, DestiMetrics@Inntopia.com Summer Bookings: Revenue Per Available Room: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy RevPAR as of Dec 31, 2021 RevPAR as of Dec 31, 2020 Percent Variance in YTD RevPAR Rate Historic Actual RevPAR CY Room Nights Available CY Room Revenue Booked PY Room Nights Available PY Room Revenue Booked # of Properties in sample May 22 $12.71 $4.99 154.9%$34.08 76,053 $ 966,724 76,896 $ 383,404 27 Jun 22 $50.04 $19.90 151.4%$133.05 74,255 $ 3,716,023 75,199 $ 1,496,722 27 Jul 22 Aug 22 Sep 22 Oct 22 Summer Total $ 31 $ 12 152.0%$ 83 150,308 $ 4,682,747 152,095 $ 1,880,126 27 Summer Bookings: Average Daily Rate: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy ADR as of Dec 31, 2021 ADR as of Dec 31, 2020 Percent Variance in YTD Adr Rate Historic Actual ADR CY Room Nights Booked CY Room Revenue Booked PY Room Nights Booked PY Room Revenue Booked # of Properties in sample May 22 $234.30 $219.34 6.8%$191.03 4,126 $ 966,724 1,748 $ 383,404 27 Jun 22 $274.29 $254.16 7.9%$287.70 13,548 $ 3,716,023 5,889 $ 1,496,722 27 Jul 22 Aug 22 Sep 22 Oct 22 Summer Total $ 265 $ 246 7.6%$ 260 17,674 $ 4,682,747 7,637 $ 1,880,126 27 Summer Bookings: Occ Rate: YTD 2021/22 VS. YTD 2020/21 Month of Occupancy Occ Rate as of Dec 31, 2021 Occ Rate as of Dec 31, 2020 Occupancy Percent Variance in YTD Occ Rate Historic Actual Occ Rate CY Room Nights Available CY Room Nights Booked PY Room Nights Available PY Room Nights Booked # of Properties in sample May 22 5.4%2.3%138.7%17.8%76,053 4,126 76,896 1,748 27 Jun 22 18.2%7.8%133.0%46.2%74,255 13,548 75,199 5,889 27 Jul 22 Aug 22 Sep 22 Oct 22 Summer Total 11.8%5.0%134.2%31.8%150,308 17,674 152,095 7,637 27