HomeMy WebLinkAbout02. Vail_Production_Notes_10-15-2022Copyright (c) 2022, Sterling Valley Systems All Rights Reserved.
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Data as of: 10/15/2022
Vail Production Notes
DOR PRODUCTION NOTES:
General DOR Notes:
➢ The Average Daily Occupancy for October 1, 2022 – April 30, 2023 is: 34.0%
➢ Average Daily Performance for the current month and upcoming 6, October 1st, 2022 to March 31st, 2023 has
decreased since last report, and is currently down -2.9% (-1.2% last report) compared to last year
➢ Room Nights Booked (RNB) for the current month and upcoming 6, October 1st, 2022 to March 31st, 2023 total
176,827 and are currently down -8,477 or -4.6%, (-17,791 or -8.6% last report) compared to last year at this time
(185,304)
➢ Since the last report (09/30), bookings activity for October 1st through March 31st, 2023 has yielded a net of
+17,800 or +17,800 new bookings. This level of net booking activity has increased +7.3% (+3.5% last report) from
the last report (+16,583)
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 April 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 +17,800 (+16,538 last report) added since last report:
o October: +4,581 (+3,233 last report) or +25.7% (+19.5% last report)
o November: +3,174 (+2,119 last report) or +17.8% (+12.8% last report)
o December: +3,034 (+2,630 last report) or +17.0% (+15.9% last report)
o January: +2,685 (+2,454 last report) or +15.1% (+14.8% last report)
o February: +2,434 (+2,756 last report) or +13.7% (+16.6% last report)
o March: +1,892 (+1,939 last report) or +10.6% (+11.7% lats report)
October
➢ October has added strong net new bookings since last report, bringing the year over year bookings
underperformance positive to an outperformance, and additionally slightly improving average daily
performance to -0.3% (-0.4% last report)
o October Average Daily Occupancy is 34.0% (27.8% last report)
o There are +763 (-881 last report) more bookings than last year at this time
o Since the last report, there have been net +4,581 (+3,233 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 8th, with +306 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 18th, up +14.5% (+12.4% last report) over last year at this time
o The largest underperformance is on the 4th, down -14.9% (-13.4% 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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November
➢ November has experienced a large improvement in net new bookings compared to last report, which has helped
to decrease the year over year bookings underperformance and also slightly improved average daily
performance to -1.4% (-1.5% last report)
o November Average Daily Occupancy is 22.8% (18.5% last report)
o There are -455 (-1,983 last report) less bookings than last year at this time
o Since the last report, there have been net +3,174 (+2,119 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 19th, with +268 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 15th, up +18.9% (+12.4% last report) over last year at this time
o The largest underperformance was on the 1st, down -2.7% (-8.8% last report), and has shifted to the 24th,
down -16.1% over last year at this time
o Inventory is higher than last year at this time
December
➢ December had made some progress in reducing the year over year bookings underperformance that has been
existent for 3 report cycles now as strong net new bookings continued from last report, though there is still a
ways to go as booking pace at this time last year was also strong, and as such average daily performance has
fallen further to -12.9% (-9.1% last report)
o December Average Daily Occupancy is 40.6% (36.7% last report)
o There are -8,439 (-9,429 last report) less bookings than last year at this time
o Since the last report, there have been net +3,034 (+2,630 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 9th and 29th, with +136
bookings added each day
o No days experienced a net reduction in bookings since last report
o There are no days outperforming last year at this time (3rd consecutive report cycle)
o The largest underperformance is on the 26th, down -24.4% (-21.1% last report) over last year at this time
o Inventory is higher than last year at this time
January
➢ January has continued the trend noted last report adding slightly more net new bookings, which has helped to
reduce the overall year over year bookings underperformance, but due to strong booking pace at this time last
year, average daily performance has fallen negative yet again to -2.6% (+0.6% last report)
o January Average Daily Occupancy is 42.5% (39.0% last report)
o There are -957 (-1,665 last report) less bookings than last year at this time
o Since the last report, there have been net +2,685 (+2,454 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 26th, with +135 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 15th, up +6.7% (+10.1% last report) over last year at this time
o The largest underperformance is on the 28th, down -14.5% (-11.2% 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
www.Inntopia.com
February
➢ February added a smaller amount of net new bookings compared to last report, and as the year over year
bookings underperformance still remains, average daily performance has fallen further to -3.0% (-0.2% last
report)
o February Average Daily Occupancy is 45.4% (42.0% last report)
o There are -1,036 (-2,321 last report) less bookings than last year at this time
o Since the last report, there have been net +2,434 (+2,756 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 3rd, with +170 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 10th, up +8.7% (+12.6% last report) over last year at this time
o The largest underperformance is on the 23rd, down -21.5% (-17.7% last report) over last year at this time
o Inventory is higher than last year at this time
March
➢ March has added slightly fewer net new bookings compared to last report, though due to stronger booking pace
than last year at this time the year over year bookings underperformance has reverted to an outperformance,
average daily performance has fallen slightly to -1.1% (+1.4% last report) due to some large underperformances
on certain days
o March Average Daily Occupancy is 35.7% (33.3% last report)
o There are +40 (-690 last report) more bookings than last year at this time
o Since the last report, there have been net +1,892 (+1,939 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 21st, with +123 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance was on the 8th, up +10.0% (+15.4% last report), and has shifted to the 30th,
up +10.8% over last year at this time
o The largest underperformance is on the 12th, down -9.8% (-6.9% last report) over last year at this time
o Inventory is higher than last year at this time
April
➢ April is newly on the books and is currently showing an average daily performance of +1.3%
o April Average Daily Occupancy is 17.6%
o There are +1,470 more bookings than last year at this time
o The largest outperformance is on the 5th, up +12.8% over last year at this time
o The largest underperformance is on the 17th, down -17.8% over last year at this time
o Inventory is higher than last year at this time