HomeMy WebLinkAboutVail_Production_Notes_09-15-2022Copyright (c) 2022, Sterling Valley Systems All Rights Reserved.
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Data as of: 09/15/2022
Vail Production Notes
DOR PRODUCTION NOTES:
General DOR Notes:
➢ The Average Daily Occupancy for September 1, 2022 – March 31, 2023 is: 33.0%
➢ Average Daily Performance for the current month and upcoming 6, September 1st, 2022 to March 31st, 2023 has
improved since last report, and is currently down -0.5% (-0.8% last report) compared to last year
➢ Room Nights Booked (RNB) for the current month and upcoming 6, September 1st, 2022 to March 31st, 2023
total 171,735 and are currently up +1,001 or +0.6%, (-9,251 or -4.9% last report) compared to last year at this
time (170,724)
➢ Since the last report (08/31), bookings activity for September 1st through February 28th, 2023 has yielded a net
of +16,027 or +16,027 new bookings. This level of net booking activity has increased +0.7% (+72.9% last report)
from the last report (+15,911)
o *It is important to consider that when we observe net statistics these numbers take into account a
summation of both bookings and cancellations as both types of activity were noted since the last report.
o **We cannot account for the net change to bookings for the month of March as this month is newly on
the books and therefore has no change from the prior report
➢ New booking’s arrival date distribution of the total +16,027 (+15,911 last report) added since last report:
o September: +3,814 (+4,614 last report) or +23.8% (+29.0% last report)
o October: +1,915 (+2,323 last report) or +12.0% (+14.5% last report)
o November: +2,002 (+1,014 last report) or +12.5% (+6.4% last report)
o December: +3,210 (+1,720 last report) or +20.0% (+10.8% last report)
o January: +2,870 (+1,637 last report) or +17.9% (+10.3% last report)
o February: +2,216 (+2,098 last report) or +13.8% (+13.2% last report)
September
➢ September has yet again added the most net new bookings of all months in this report, heavily improving the
year over year bookings outperformance, and additionally slightly improving average daily performance to
+2.0% (+1.6% last report)
o September Average Daily Occupancy is 55.4% (49.8% last report)
o There are +2,220 (+664 last report) more bookings than last year at this time
o Since the last report, there have been net +3,814 (+4,614 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 24th, with +242 bookings
added
o The only net reduction in bookings since last report occurred on the 12th, with -136 cancellations
o The largest outperformance was on the 12th, down -0.8% (+14.1% last report), and has shifted to the
21st, up +10.6% over last year at this time
o The largest underperformance was on the 30th, down -0.4% (-13.0% last report), and has shifted to the
2nd, down -7.8% over last year at this time
o Inventory is higher than last year at this time
Copyright (c) 2022, Sterling Valley Systems All Rights Reserved.
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Communications@Inntopia.com
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October
➢ Although October has added a smaller amount of net new bookings compared to last report, the year over year
bookings outperformance has fallen only slightly as booking pace last year at this time was strong, and
additionally average daily performance has fallen slightly to +1.0% (+1.6% last report)
o October Average Daily Occupancy is 23.4% (20.8% last report)
o There are +1,181 (+1,612 last report) more bookings than last year at this time
o Since the last report, there have been net +1,915 (+2,323 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 1st, with +212 bookings added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 18th, up +15.2% (+14.8% last report) over last year at this time
o The largest underperformance is on the 31st, down -10.4% (-13.9% last report) over last year at this time
o Inventory is higher than last year at this time
November
➢ November has added roughly twice as many net new bookings as last report, though the booking pace last year
at this time was stronger than this year, leading to a small decline in the year over year bookings
outperformance and additionally a drop in average daily performance to -0.2% (+0.2% last report)
o November Average Daily Occupancy is 15.5% (12.7% last report)
o There are +16 (+75 last report) more bookings than last year at this time
o Since the last report, there have been net +2,002 (+1,014 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 12th, with +155 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 12th, up +10.3% (+8.9% last report) over last year at this time
o The largest underperformance is on the 1st, down -16.3% (-15.3% last report) over last year at this time
o Inventory is mostly higher than last year at this time
December
➢ December has added a very large amount of net new bookings compared to the last report, and though the
addition was large, the year over year bookings underperformance still remains sizeable and no days are
outperforming last year, as such average daily performance has stayed the same at -7.8% (-7.8% last report)
o December Average Daily Occupancy is 33.2% (28.8% last report)
o There are -5,486 (-6,776 last report) less bookings than last year at this time
o Since the last report, there have been net +3,210 (+1,720 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 10th, with +351 bookings
added
o No days experienced a net reduction in bookings since last report
o There are no days outperforming last year at this time
o The largest underperformance is on the 26th, down -20.6% (-19.2 last report) over last year at this time
o Inventory is higher than last year at this time
Copyright (c) 2022, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
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January
➢ January has added roughly 1,000 more net new bookings than those added last report, which has brought the
year over year bookings underperformance to an outperformance, and slightly improved average daily
performance to -0.2% (-1.8% last report)
o January Average Daily Occupancy is 35.7% (31.7% last report)
o There are +194 (-2,136 last report) more bookings than last year at this time
o Since the last report, there have been net +2,870 (+1,637 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 23rd, with +140 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance was on the 22nd, up +7.2% (+6.2% last report), and has shifted to the 15th,
up +9.5% over last year at this time
o The largest underperformance is on the 28th, down -14.6% (-14.8% last report) over last year at this time
o Inventory is higher than last year at this time
February
➢ February has added a similar amount of net new bookings compared to the prior report, the increase in new
bookings has brought the year over year bookings underperformance to an outperformance, and additionally
improving the average daily performance to +0.1% (+0.0% last report)
o February Average Daily Occupancy is 38.0% (34.5% last report)
o There are +353 (-719 last report) more bookings than last year at this time
o Since the last report, there have been net +2,216 (+2,098 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 10th, with +134 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 10th, up +14.2% (+10.8% last report) over last year at this time
o The largest underperformance is on the 23rd, down -17.8% (-16.7% last report) over last year at this time
o Inventory is higher than last year at this time
March
➢ March is newly on the books showing an average daily performance of +12.2%
o March Average Daily Occupancy is 30.7%
o There are +1,859 more bookings than last year at this time
o The largest outperformance is on the 27th, up +12.2% over last year at this time
o The largest underperformance is on the 1st, down -7.4% over last year at this time
o Inventory is higher than last year at this time