Loading...
HomeMy WebLinkAbout08. Vail Executive Summary as of 2021-12-31Destination: Vail December (Actual) 2021 2020 December (Actual) 2021 2020 Paid Occupancy 62.4%46.3%34.8%Paid Occupancy 55.2%40.4%36.5% ADR $788 $556 41.8%ADR $672 $478 40.4% January (On The Books) January (On The Books) Paid Occupancy 63.4%35.5%78.7%Paid Occupancy 57.5%33.5%71.7% ADR $690 $539 27.9%ADR $561 $430 30.5% February (On The Books) February (On The Books) Paid Occupancy 64.1%27.6%132.5%Paid Occupancy 59.0%28.4%107.4% ADR $727 $583 24.6%ADR $609 $481 26.5% March (On The Books) March (On The Books) Paid Occupancy 46.3%20.1%130.5%Paid Occupancy 40.6%19.0%113.3% ADR $745 $569 30.9%ADR $628 $469 34.0% April (On The Books) April (On The Books) Paid Occupancy 14.7%4.5%229.9%Paid Occupancy 10.8%5.4%101.9% ADR $356 $346 3.1%ADR $306 $281 8.6% May (On The Books) May (On The Books) Paid Occupancy 5.4%2.3%138.7%Paid Occupancy 7.9%5.3%48.8% ADR $234 $219 6.8%ADR $257 $227 13.4% June (On The Books) June (On The Books) Paid Occupancy 18.2%7.8%133.0%Paid Occupancy 19.7%14.1%39.4% ADR $274 $254 7.9%ADR $382 $327 16.7% 2021 2020 Year over Year % Difference 2021 2020 Year over Year % Difference December 5.9%5.1%15.6%December 6.8%4.6%47.3% Bookings as of December 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 pr operties start, or existing properties cease operations. RESERVATIONS ACTIVITY REPORT Executive Summary 62.4%46.3% 2021 2020 Vail December Occupancy vs. Last Year 55.2%40.4% 2021 2020 DestiMetrics -Industry West December Occupancy vs. Last Year $788 $556 2021 2020 Vail December ADR vs. Last Year $672 $478 2021 2020 DestiMetrics -Industry West December ADR vs. Last Year Copyright (c) 2022, Sterling Valley Systems All Rights Reserved. Confidential Information not for reproduction and protected by law. DestiMetrics@Inntopia.com www.Inntopia.com