HomeMy WebLinkAbout11. Vail Executive Summary as of 2023-06-30Destination: Vail
June (Actual) 2023 2022 June (Actual) 2023 2022
Paid Occupancy 46.5%47.6%-2.4%Paid Occupancy 48.6%48.9%-0.7%
ADR $327 $332 -1.5%ADR $387 $362 6.9%
July (On The Books) July (On The Books)
Paid Occupancy 51.2%53.3%-3.8%Paid Occupancy 51.8%53.9%-3.9%
ADR $402 $416 -3.3%ADR $457 $461 -0.8%
August (On The Books) August (On The Books)
Paid Occupancy 36.6%38.1%-3.9%Paid Occupancy 35.4%37.7%-6.0%
ADR $370 $396 -6.6%ADR $448 $453 -1.3%
September (On The Books) September (On The Books)
Paid Occupancy 26.3%27.6%-4.5%Paid Occupancy 30.0%32.4%-7.4%
ADR $315 $295 6.5%ADR $381 $378 0.8%
October (On The Books) October (On The Books)
Paid Occupancy 9.4%10.0%-5.9%Paid Occupancy 13.9%14.3%-2.7%
ADR $263 $259 1.7%ADR $296 $281 5.3%
November (On The Books) November (On The Books)
Paid Occupancy 5.4%4.2%28.8%Paid Occupancy 5.9%5.2%14.6%
ADR $398 $359 10.9%ADR $313 $294 6.4%
December (On The Books) December (On The Books)
Paid Occupancy 15.4%12.6%22.3%Paid Occupancy 12.9%12.4%4.0%
ADR $777 $943 -17.6%ADR $784 $776 1.1%
2023 2022
Year over
Year %
Difference
2023 2022
Year over
Year %
Difference
June 4.4%4.4%1.7%June 4.5%3.5%27.4%
Bookings as of June 30, 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 properties start, or existing properties
cease operations.
RESERVATIONS ACTIVITY REPORT
Executive Summary
46.5%47.6%
2023 2022
Vail June Occupancy vs. Last Year
48.6%48.9%
2023 2022
DestiMetrics - Industry West June
Occupancy vs. Last Year
$327 $332
2023 2022
Vail June ADR vs. Last Year
$387
$362
2023 2022
DestiMetrics - Industry West June ADR
vs. Last Year
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