Loading...
HomeMy WebLinkAbout05. Vail_Segment_Report_Condos_vs_Hotel_Properties_2022-04-30Vail Condo Properties and Vail Hotel Properties Period: Bookings as of April 30, 2022 Vail Condo Properties Vail Hotel Properties Index: Vail Condo Properties vs Vail Hotel Properties (100=0) 24.4%42.4%57.6 $425 $348 122.1 $104 $148 70.3 6.5%20.0%32.6 $238 $237 100.2 $15 $47 32.6 Vail Condo Properties Vail Hotel Properties Absolute Difference: Vail Condo Properties vs Vail Hotel Properties 11.0%30.8%-19.8% 2.4%17.8%-15.4% 13.7%54.0%-40.4% 6.7%65.9%-59.2% 24.2%16.9%7.3% 32.6%93.9%-61.4% On-The-Books Occupancy for Next Month (May) On-The-Books Average Daily Rate for Next Month (May) B. PERFORMANCE - Next Month Performance: Occupancy, ADR, RevPAR: Vail Condo Properties vs Vail Hotel Properties Historic Actual Revenue Per Available Room for Last Month (April) Historic Actual Average Daily Rate for Last Month (April) © 2022 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. Year over Year % Change in Average Daily Rate for Last Month (April) Year over Year % Change in Occupancy for Next Month (May) Year over Year % Change in Average Daily Rate for Next Month (May) On-The-Books Revenue per Available Room for Next Month (May) Year of Year % Change in Revenue Per Available Room for Next Month (May) C. PACING - Last Month Year over Year % change in Occupancy, ADR, RevPAR: Vail Condo Properties vs Vail Hotel Properties Year over Year % Change in Occupancy for Last Month (April) D. PACING - Next Month Year over Year % change in Occupancy, ADR, RevPAR: Vail Condo Properties vs Vail Hotel Properties Year of Year % Change in Revenue Per Available Room for Last Month (April) CUSTOM COMPARATIVE BENCHMARK REPORT Vail Condo Properties and Vail Hotel Properties Executive Summary Historic Actual Occupancy for Last Month (April) A. PERFORMANCE - Last Month Performance: Occupancy, ADR, RevPAR: Vail Condo Properties vs Vail Hotel Properties Absolute Comparison Series (2021/22): Vail Condo Properties vs Vail Hotel Properties Period: Bookings as of April 30, 2022 Custom Comparative Report 24% 53%63%72%65% 24% 7% 21% 36% 20%9%5%16% 33% 66%66% 79%75% 42% 20% 43%42% 28%20% 5% 27%74.3 79.3 95.5 90.7 86.6 57.6 32.6 48.9 85.6 69.3 44.7 98.4 59.7 0 20 40 60 80 100 120 0%10%20%30%40%50%60%70%80%90% NovemberDecember January February March April May June July August September OctoberOn the books months total Vail Condo Properties Vail Hotel Properties Index: Vail Condo Properties vs. Vail Hotel Properties 24% 53% 63% 72% 65% 24% 7% 21% 36% 20% 9%5% 16% 33% 66%66% 79% 75% 42% 20% 43%42% 28% 20% 5% 27% 74.3 79.3 95.5 90.7 86.6 57.6 32.6 48.9 85.6 69.3 44.7 98.4 59.7 0 20 40 60 80 100 120 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% November December January February March April May June July August September October On the books months total Index: Vail Condo Properties vs. Vail Hotel PropertiesOccupancy RateChart 1.1 -Occupancy Rate, YTD 2021/22: Vail Condo Properties vs. Vail Hotel Properties $314 $939 $779 $851 $904 $425 $238 $362 $441 $383 $307 $429 $386$320 $739 $667 $741 $750 $348 $237 $325 $398 $405 $321 $267 $343 98 127 117 115 121 122 100 111 111 94 96 161 113 0 20 40 60 80 100 120 140 160 180 $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 November December January February March April May June July August September October On the books months total Index: Vail Condo Properties vs. Vail Hotel PropertiesADRChart 1.2 -Average Daily Rate, YTD 2021/22 Vail Condo Properties vs. Vail Hotel Properties $76 $494 $491 $612 $586 $104 $15 $76 $157 $75 $27 $21 $62 $105 $490 $440 $587 $562 $148 $47 $140 $166 $115 $63 $13 $93 73 101 112 104 104 70 33 54 95 65 43 158 67 0 20 40 60 80 100 120 140 160 180 $0 $100 $200 $300 $400 $500 $600 $700 November December January February March April May June July August September October On the books months total Index: Vail Condo Properties vs. Vail Hotel PropertiesRevPARChart 1.3 -Revenue per Available Room, YTD 2021/22 Vail Condo Properties vs. Vail Hotel Properties 74 79 96 91 87 58 33 49 86 69 45 98 60 98 127 117 115 121 122 100 111 111 94 96 161 113 0 20 40 60 80 100 120 140 160 180 200 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 On the books months totalIndex: Vail Condo Properties vs. Vail Hotel PropertiesChart 1.4 -YTD 2021/22 Indexes: Occupancy & ADR: Vail Condo Properties vs. Vail Hotel Properties Index: Occupancy Index: ADR Historic On the Books Historic On the books Historic On the books Historic On the books Vail Hotel Properties Period: Bookings as of April 30, 2022 Pacing Series (2021/22 vs. 2020/21) : Vail Condo Properties vs. Vail Hotel Properties Custom Comparative Report Vail Condo Properties 10.2% 34.3%37.5%36.8% 12.7%11.0%6.7% -12.7%-9.6%-1.6% 10.2% 118.5% -3.0% 23.6% 35.1%29.7% 23.5% 5.8% 30.8% 65.9% 49.6% 5.4% -1.1%-6.5% -43.6% 15.7% -60% -40% -20% 0% 20% 40% 60% 80% 100% 120% 140% November December January February March April May June July August September October On the books months total% Change in Occupancy RateChart 2.1 -% Change in Occupancy Rate, 2021/22 vs. 2020/21: Vail Condo Properties vs. Vail Hotel Properties 22.5% 37.2%30.4%25.7%26.6% 2.4% 24.2% 13.9%19.4%11.3% 6.8% 122.8% 16.7%20.8% 43.7%42.4%42.6%49.9% 17.8%16.9% 19.2% 12.3% 23.0%27.3%29.2% 16.0% 0% 20% 40% 60% 80% 100% 120% 140% November December January February March April May June July August September October On the books months total% Change in ADR,Chart 2.2 -% Change in ADR, 2021/22 vs. 2020/21: Vail Condo Properties vs. Vail Hotel Properties 34.9% 84.2%79.3%71.9%42.6% 13.7% 32.6% -0.6% 7.9%9.6%17.7% 386.8% 13.2% 49.3%94.1%84.6%76.1% 58.6%54.0% 93.9%78.3% 18.4%21.6%19.0% -27.2% 34.7% -50% 0% 50% 100% 150% 200% 250% 300% 350% 400% 450% November December January February March April May June July August September October On the books months total% Change in RevPARChart 2.3 -% Change in RevPAR, 2021/22 vs. 2020/21: Vail Condo Properties vs. Vail Hotel Properties -13% -1% 8%13%7% -20% -59%-62% -15% 0% 17% 162% -19% 2% -7%-12%-17%-23% -15% 7% -5% 7% -12%-20% 94% 1% -100% -80% -60% -40% -20% 0% 20% 40% 60% 80% 100% Nov-21 vs. Nov-20 Dec-21 vs. Dec-20 Jan-22 vs. Jan-21 Feb-22 vs. Feb-21 Mar-22 vs. Mar-21 Apr-22 vs. Apr-21 May-22 vs. May-21 Jun-22 vs. Jun-21 Jul-22 vs. Jul- 21 Aug-22 vs. Aug-21 Sep-22 vs. Sep-21 Oct-22 vs. Oct-21 On the books months totalChange in Occup. & ADRVail Condo Properties vs. Vail Hotel PropertiesChart 2.4 -Change in Occupancy & ADR 2021/22 vs. 2020/21: Vail Condo Properties vs. Vail Hotel Properties Change in Occ Rate Change in ADR Historic On the books Historic On the books Historic On the books Historic On the books Vail Condo Properties Vail Hotel Properties INDEX OCCUPANCY RATE OCCUPANCY RATE: YTD 2021/22 VS. YTD 2020/21 OCCUPANCY RATE: YTD 2021/22 VS. YTD 2020/21 Vail Condo Properties Vail Condo Properties Percent Occup. Rate as of:Occup. Rate as of:Percent Occup. Rate as of:Occup. Rate as of:Percent as an Index of as an Index of Change in Apr 30, 2022 Apr 30, 2021 Change in Apr 30, 2022 Apr 30, 2021 Change in Vail Hotel Properties Vail Hotel Properties Index: Month of Occupancy (2021/22 & 2020/21)(2021/22 season)(2020/21 season)YTD Occ. Rate (2021/22 season)(2020/21 season)Occ. Rate YTD 2021/22 YTD 2020/21 2021/22 vs. 2020/21 November 24.3%22.1%10.2%32.7%26.5%23.6%74.3 83.4 -10.8% December 52.6%39.2%34.3%66.4%49.1%35.1%79.3 79.8 -0.6% January 63.0%45.8%37.5%66.0%50.9%29.7%95.5 90.1 6.0% February 71.9%52.5%36.8%79.3%64.2%23.5%90.7 81.8 10.8% March 64.9%57.6%12.7%74.9%70.8%5.8%86.6 81.3 6.5% April Historic 24.4%22.0%11.0%42.4%32.5%30.8%57.6 67.8 -15.1% May On the Books 6.5%6.1%6.7%20.0%12.1%65.9%32.6 50.6 -35.7% June 21.0%24.1%-12.7%43.0%28.8%49.6%48.9 83.8 -41.7% July 35.6%39.4%-9.6%41.6%39.5%5.4%85.6 99.9 -14.3% August 19.7%20.0%-1.6%28.4%28.7%-1.1%69.3 69.6 -0.4% September 8.8%8.0%10.2%19.7%21.0%-6.5%44.7 37.9 17.9% October 4.8%2.2%118.5%4.9%8.7%-43.6%98.4 25.4 287.6% Grand total 33.2%28.8%15.3%44.4%36.8%20.6%74.9 78.3 -4.4% Historic months total 50.4%40.0%26.1%60.1%49.0%22.6%83.8 81.5 2.8% On the books months total 16.1%16.6%-3.0%27.0%23.3%15.7%59.7 71.3 -16.2% Vail Condo Properties Vail Hotel Properties INDEX AVERAGE DAILY RATE ADR: YTD 2021/22 VS. YTD 2020/21 ADR: YTD 2021/22 VS. YTD 2020/21 Vail Condo Properties Vail Condo Properties Percent ADR as of:ADR as of:Percent ADR as of:ADR as of:Percent as an Index of as an Index of Change in Apr 30, 2022 Apr 30, 2021 Change in Apr 30, 2022 Apr 30, 2021 Change in Vail Hotel Properties Vail Hotel Properties Index: Month of Occupancy (2021/22 & 2020/21)(2021/22 season)(2020/21 season)YTD Occ. Rate (2021/22 season)(2020/21 season)Occ. Rate YTD 2021/22 YTD 2020/21 2021/22 vs. 2020/21 November $314 $256 22.5%$320 $265 20.8%98.2 96.9 1.4% December $939 $684 37.2%$739 $514 43.7%127.1 133.1 -4.5% January $779 $597 30.4%$667 $469 42.4%116.7 127.4 -8.4% February $851 $677 25.7%$741 $519 42.6%114.9 130.4 -11.9% March $904 $714 26.6%$750 $500 49.9%120.5 142.8 -15.6% April Historic $425 $415 2.4%$348 $295 17.8%122.1 140.4 -13.1% May On the books $238 $191 24.2%$237 $203 16.9%100.2 94.3 6.2% June $362 $318 13.9%$325 $273 19.2%111.3 116.4 -4.4% July $441 $370 19.4%$398 $354 12.3%110.8 104.3 6.3% August $383 $344 11.3%$405 $330 23.0%94.4 104.3 -9.5% September $307 $287 6.8%$321 $252 27.3%95.5 113.8 -16.1% October $429 $192 122.8%$267 $207 29.2%160.7 93.2 72.4% Grand total $690 $533 29.4%$557 $409 36.4%123.8 130.5 -5.1% Historic months total $788 $610 29.1%$644 $458 40.7%122.2 133.2 -8.3% On the books months total $386 $331 16.7%$343 $296 16.0%112.6 111.9 0.6% Vail Condo Properties Vail Hotel Properties INDEX REVENUE PER AVAILABLE ROOM RevPAR: YTD 2021/22 VS. YTD 2020/21 RevPAR: YTD 2021/22 VS. YTD 2020/21 Vail Condo Properties Vail Condo Properties Percent RevPAR as of:RevPAR as of:Percent RevPAR as of:RevPAR as of:Percent as an Index of as an Index of Change in Apr 30, 2022 Apr 30, 2021 Change in Apr 30, 2022 Apr 30, 2021 Change in Vail Hotel Properties Vail Hotel Properties Index: Month of Occupancy (2021/22 & 2020/21)(2021/22 season)(2020/21 season)YTD Occ. Rate (2021/22 season)(2020/21 season)Occ. Rate YTD 2021/22 YTD 2020/21 2021/22 vs. 2020/21 November $76 $57 34.9%$105 $70 49.3%73.0 80.8 -9.6% December $494 $268 84.2%$490 $253 94.1%100.7 106.2 -5.1% January $491 $274 79.3%$440 $238 84.6%111.5 114.8 -2.9% February $612 $356 71.9%$587 $333 76.1%104.1 106.7 -2.4% March $586 $411 42.6%$562 $354 58.6%104.4 116.1 -10.1% April Historic $104 $91 13.7%$148 $96 54.0%70.3 95.2 -26.2% May On the books $15 $12 32.6%$47 $24 93.9%32.6 47.7 -31.7% June $76 $77 -0.6%$140 $78 78.3%54.4 97.6 -44.2% July $157 $146 7.9%$166 $140 18.4%94.9 104.2 -8.9% August $75 $69 9.6%$115 $95 21.6%65.4 72.6 -9.9% September $27 $23 17.7%$63 $53 19.0%42.7 43.2 -1.1% October $21 $4 386.8%$13 $18 -27.2%158.2 23.7 568.4% Grand total $229 $154 49.3%$247 $150 64.4%92.8 102.2 -9.2% Historic months total $397 $244 62.8%$387 $224 72.5%102.5 108.6 -5.7% On the books months total $62 $55 13.2%$93 $69 34.7%67.3 80.0 -16.0% Custom Comparative Report Period: Bookings as of April 30, 2022