HomeMy WebLinkAbout02. Vail Executive Summary 2023-01-31Destination: Vail
January (Actual) 2023 2022 January (Actual) 2023 2022
Paid Occupancy 69.6%65.0%7.1%Paid Occupancy 65.6%59.5%10.2%
ADR $759 $701 8.2%ADR $621 $560 10.9%
February (On The Books) February (On The Books)
Paid Occupancy 74.3%74.8%-0.6%Paid Occupancy 68.3%69.6%-1.8%
ADR $827 $745 10.9%ADR $693 $618 12.1%
March (On The Books) March (On The Books)
Paid Occupancy 57.8%59.0%-2.2%Paid Occupancy 50.4%53.6%-6.0%
ADR $796 $774 2.8%ADR $682 $635 7.3%
April (On The Books) April (On The Books)
Paid Occupancy 15.1%19.0%-20.5%Paid Occupancy 14.0%15.4%-9.3%
ADR $458 $362 26.5%ADR $352 $320 10.2%
May (On The Books) May (On The Books)
Paid Occupancy 6.8%6.2%10.1%Paid Occupancy 9.2%9.9%-6.8%
ADR $216 $233 -7.1%ADR $294 $261 12.8%
June (On The Books) June (On The Books)
Paid Occupancy 19.5%23.8%-18.2%Paid Occupancy 22.4%25.3%-11.5%
ADR $346 $299 15.9%ADR $418 $358 17.0%
July (On The Books) July (On The Books)
Paid Occupancy 20.4%25.9%-21.4%Paid Occupancy 23.0%26.9%-14.8%
ADR $394 $360 9.3%ADR $457 $432 5.9%
2023 2022
Year over
Year %
Difference
2023 2022
Year over
Year %
Difference
January 7.3%5.9%24.9%January 7.2%6.3%12.8%
Bookings as of January 31, 2023
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
69.6%65.0%
2023 2022
Vail January Occupancy vs. Last Year
65.6%59.5%
2023 2022
DestiMetrics -Industry West January
Occupancy vs. Last Year
$759
$701
2023 2022
Vail January ADR vs. Last Year
$621 $560
2023 2022
DestiMetrics -Industry West January
ADR vs. Last Year
Copyright (c) 2023, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law. DestiMetrics@Inntopia.com www.Inntopia.com