HomeMy WebLinkAbout06. Vail Executive Summary as of 2022-12-31Destination: Vail
December (Actual) 2022 2021 December (Actual) 2022 2021
Paid Occupancy 57.9%62.4%-7.3%Paid Occupancy 51.7%54.5%-5.1%
ADR $791 $791 0.0%ADR $695 $680 2.3%
January (On The Books) January (On The Books)
Paid Occupancy 59.5%63.3%-6.1%Paid Occupancy 58.0%57.3%1.3%
ADR $765 $692 10.6%ADR $628 $566 10.9%
February (On The Books) February (On The Books)
Paid Occupancy 59.0%64.0%-7.9%Paid Occupancy 55.4%58.7%-5.7%
ADR $836 $729 14.7%ADR $704 $615 14.5%
March (On The Books) March (On The Books)
Paid Occupancy 41.5%46.2%-10.1%Paid Occupancy 38.3%40.3%-5.0%
ADR $819 $748 9.4%ADR $700 $634 10.4%
April (On The Books) April (On The Books)
Paid Occupancy 14.2%14.8%-4.2%Paid Occupancy 10.4%11.3%-7.6%
ADR $382 $354 7.9%ADR $337 $296 13.8%
May (On The Books) May (On The Books)
Paid Occupancy 6.9%5.5%26.1%Paid Occupancy 7.2%8.1%-11.6%
ADR $193 $234 -17.6%ADR $287 $255 12.5%
June (On The Books) June (On The Books)
Paid Occupancy 16.9%18.4%-8.1%Paid Occupancy 18.2%20.3%-10.2%
ADR $306 $274 11.7%ADR $405 $377 7.6%
2022 2021
Year over
Year %
Difference
2022 2021
Year over
Year %
Difference
December 6.1%6.0%2.9%December 6.2%5.9%6.3%
Bookings as of December 31, 2022
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
57.9%
62.4%
2022 2021
Vail December Occupancy vs. Last Year
51.7%54.5%
2022 2021
DestiMetrics -Industry West December
Occupancy vs. Last Year
$791 $791
2022 2021
Vail December ADR vs. Last Year
$695 $680
2022 2021
DestiMetrics -Industry West December
ADR vs. Last Year
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