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HomeMy WebLinkAbout10. Vail Executive Summary 2018-12-31Destination: Vail December (Actual) 2018 2017 December (Actual) 2018 2017 Paid Occupancy 54.9%49.5%11.0%Paid Occupancy 49.8%47.8%4.3% ADR $600 $676 -11.1%ADR $489 $509 -3.9% January (On The Books) January (On The Books) Paid Occupancy 58.2%56.3%3.4%Paid Occupancy 55.4%54.4%1.9% ADR $590 $597 -1.2%ADR $444 $438 1.5% February (On The Books) February (On The Books) Paid Occupancy 55.8%53.9%3.5%Paid Occupancy 50.5%47.8%5.6% ADR $615 $630 -2.4%ADR $456 $460 -0.8% March (On The Books) March (On The Books) Paid Occupancy 35.7%38.6%-7.5%Paid Occupancy 33.5%30.9%8.5% ADR $586 $623 -6.0%ADR $462 $473 -2.4% April (On The Books) April (On The Books) Paid Occupancy 6.6%10.3%-35.8%Paid Occupancy 7.6%8.9%-14.3% ADR $291 $280 3.9%ADR $195 $206 -5.2% May (On The Books) May (On The Books) Paid Occupancy 6.4%7.7%-16.9%Paid Occupancy 8.5%8.4%1.8% ADR $160 $160 0.0%ADR $182 $193 -5.4% June (On The Books) June (On The Books) Paid Occupancy 18.1%23.5%-22.9%Paid Occupancy 18.2%19.8%-7.7% ADR $218 $211 3.2%ADR $264 $260 1.7% 2018 2017 Year over Year % Difference 2018 2017 Year over Year % Difference December 5.3%5.1%4.5%December 5.7%5.0%14.8% Bookings as of December 31, 2018 Data based on a sample of up to 26 properties in the Vail destination, representing up to 2,438 Units ('DestiMetrics Census'*) and 61.7% of 3,954 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 propertie s start, or existing properties cease operations. RESERVATIONS ACTIVITY REPORT Executive Summary 54.9% 49.5% 2018 2017 Vail December Occupancy vs. Last Year 49.8%47.8% 2018 2017 DestiMetrics -Industry West December Occupancy vs. Last Year $600 $676 2018 2017 Vail December ADR vs. Last Year $489 $509 2018 2017 DestiMetrics -Industry West December ADR vs. Last Year Copyright (c) 2019, Sterling Valley Systems All Rights Reserved. Confidential Information not for reproduction and protected by law. DestiMetrics@Inntopia.com www.Inntopia.com