HomeMy WebLinkAboutVail_Production_Notes_01-15-2023Copyright (c) 2023, Sterling Valley Systems All Rights Reserved.
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Data as of: 01/15/2023
Vail Production Notes
DOR PRODUCTION NOTES:
General DOR Notes:
➢ The Average Daily Occupancy for January 1, 2023 – July 31, 2023 is: 41.0%
➢ Average Daily Performance for the current month and upcoming 6, January 1st, 2023 to July 31st, 2023 has
declined since last report, and is currently down -1.4% (-1.1% last report) compared to last year
➢ Room Nights Booked (RNB) for the current month and upcoming 6, January 1st, 2023 to July 31st, 2023 total
212,728 and are currently down -584 or -0.3%, (-11,527 or -4.8% last report) compared to last year at this time
(213,312)
➢ Since the last report (12/31), bookings activity for January 1st through July 31st, 2023 has yielded a net of +16,289
or +16,289 new bookings. This level of net booking activity has increased +22.2% (-1.9% last report) from the last
report (+13,331)
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 July 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 +16,289 (+13,331 last report) added since last report:
o January: +5,646 (+3,495 last report) or +34.7% (+30.2% last report)
o February: +5,796 (+2,694 last report) or +35.6% (+24.4% last report)
o March: +5,550 (+2,920 last report) or +34.1% (+21.9% last report)
o April: -934 (+937 last report) or -5.7% (+7.0% last report)
o May: -272 (+155 last report) or -1.7% (+1.2% last report)
o June: +503 (+554 last report) or +3.0% (+4.2% last report)
January
➢ January added the second largest amount of net new bookings since last report, bringing the year over year
bookings underperformance to an outperformance, and improving average daily performance to +2.4% (-2.4%
last report)
o January Average Daily Occupancy is 74.0% (66.2% last report)
o There are +3,376 (-3,115 last report) less bookings than last year at this time
o Since the last report, there have been net +5,646 (+4,029 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 28th, with +377 bookings
added
o The only net reduction in bookings, since last report, occurred on the 2nd, with -5 bookings cancelled
o The largest outperformance was on the 3rd, up +2.5% (+4.1% last report), and has shifted to the 16th, up
+13.0% over last year at this time
o The largest underperformance was on the 28th, up +5.2% (-10.0% last report), and has shifted to the 31st,
down -5.3% over last year at this time
o Inventory is slightly higher than last year at this time
Copyright (c) 2023, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
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February
➢ February has added the largest amount of net new bookings since the last report, heavily improving the year
over year bookings underperformance, and improving average daily performance to -2.7% (-5.0% last report)
o February Average Daily Occupancy is 75.3% (66.6% last report)
o There are -386 (-4,720 last report) less bookings than last year at this time
o Since the last report, there have been net +5,796 (+3,254 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 12th, with +373 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 7th, up +10.8% (+3.9% last report) over last year at this time
o The largest underperformance was on the 19th, down -10.1% (-14.2% last report), and has shifted to the
28th, down -13.5% (-14.2% last report) over last year at this time
o Inventory is slightly higher than last year at this time
March
➢ March has experienced strong booking pace since last report, adding 1/3 of the net new bookings, and
improving the year over year bookings underperformance, though average daily performance has fallen slightly
to -3.5% (-2.3% last report)
o March Average Daily Occupancy is 58.6% (51.1% last report)
o There are -1,373 (-2,928 last report) less bookings than last year at this time
o Since the last report, there have been net +5,550 (+2,920 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 30th, with +337 bookings
added
o No days experienced a net reduction in bookings since last report
o The largest outperformance is on the 30th, up +22.6% (+13.4% last report) over last year at this time
o The largest underperformance is on the 12th, down -18.2% (-13.4% last report) over last year at this time
o Inventory is slightly higher than last year at this time
April
➢ April has experienced a net reduction in bookings since the last report, and due to stronger booking pace last
year, the year over year bookings outperformance has declined, and average daily performance has fallen
negative to -0.5% (+3.1% last report)
o April Average Daily Occupancy is 20.4% (21.6% last report)
o There are +57 (+1,963 last report) more bookings than last year at this time
o Since the last report, there have been net -934 (+937 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 1st, with +256 bookings added
o The largest net reduction in bookings, since last report, occurred on the 18th, with -258 bookings
cancelled
o The largest outperformance was on the 4th, up +5.1% (+15.4% last report), and has shifted to the 1st, up
+17.2% over last year at this time
o The largest underperformance was on the 17th, down -19.5% (-16.0% last report), and has shifted to the
18th, down -20.5% over last year at this time
o Inventory is slightly lower than last year at this time
Copyright (c) 2023, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
www.Inntopia.com
May
➢ May experienced a net reduction in bookings since last report, and combined with stronger booking pace last
year at this time, the year over year bookings underperformance has grown further, and average daily
performance has declined slightly to +2.7% (+3.8% last report)
o May Average Daily Occupancy is 11.0% (25.8% last report)
o There are +2,121 (+2,654 last report) more bookings than last year at this time
o Since the last report, there have been net -272 (+155 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 22nd, with +270 bookings
added
o The largest net reduction in bookings, since the last report, occurred on the 19th, with -250 bookings
cancelled
o The largest outperformance was on the 11th, up +8.9% (+14.9% last report), and has shifted to the 22nd,
up +13.2% over last year at this time
o The largest underperformance is on the 23rd, down -6.1% (-5.5% last report) over last year at this time
o Inventory is mostly higher than last year at this time
June
➢ June has added a similar amount of net new bookings as what was reported last, though strong booking pace at
this time last year has led to a further increase in the year over year bookings underperformance, and
additionally average daily performance has fallen to -2.5% (+0.0% last report)
o June Average Daily Occupancy is 23.7% (22.9% last report)
o There are -1,247 (-386 last report) less bookings than last year at this time
o Since the last report, there have been net +503 (+554 last report) bookings for the month
o The largest net addition in bookings, since the last report, occurred on the 19th, with +196 bookings
added
o The largest net reduction in bookings, since the last report, occurred on the 15th, with -184 bookings
added
o The largest outperformance is on the 17th, up +18.8% (+14.7% last report) over last year at this time
o The largest underperformance was on the 21st, down -17.4% (-17.9% last report), and has shifted to the
14th, down -21.5% over last year at this time
o Inventory is higher than last year at this time
July
➢ July is newly on the books showing an average daily performance of -5.6%
o July Average Daily Occupancy is 25.8%
o There are -3,668 less bookings than last year at this time
o The largest outperformance is on the 17th, up +6.0% over last year at this time
o The largest underperformance is on the 21st, down -29.7% over last year at this time
o Inventory is slightly higher than last year at this time