HomeMy WebLinkAboutVail_Prod_Notes_8-31-2019Copyright (c) 2019, Sterling Valley Systems All Rights Reserved.
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Data as of: 08/31/2019
Vail Production Notes
RAO PRODUCTION NOTES:
General RAO Notes:
➢ All months, except November and December, are showing an increase in inventory compared to last year at this
time
o August: +2,914 RNA or +94 units per day
o September: +1,649 RNA or +55 units per day
o October: +529 RNA or +17 units per day
o November: -2,284 RNA or -76 units per day
o December: -432 RNA or -14 units per day
o January: +124 RNA or +4 units per day
o February: +3,626 RNA or +125 units per day
➢ On the books occupancy is down -5.6% (-6.01% last month) over last year, while historic actual occupancy is
down -3.8% (-0.72% last month) over last year
➢ On the books ADR is up +2.6% (+2.1% last month) over last year, while historic actual ADR is down -0.3% (-0.44%
last month) over last year
➢ On the books RevPAR is down -3.2% (-4.0% last month) over last year while historic actual RevPAR is down -5.2%
(+1.17% last month) over last year
Summer Season:
➢ August gained +9.3% as an absolute measure of occupancy in August
o Bookings made in August for August are up +1.8% in absolute variance vs those made last year in August
for August
➢ September gained +9.1% as an absolute measure of occupancy in August
o Bookings made in August for September are down -0.7% in absolute variance vs those made last year in
August for September
➢ October gained +4.4% as an absolute measure of occupancy in August
o Bookings made in August for October are up +1.1% in absolute variance vs those made last year in
August for October
➢ As a measure of RevPAR summer season is now down -8.3% (-11.2% last month) compared to last year as of
August 31, 2018
➢ As a measure of ADR summer season is now down -0.3% (-1.9% last month) compared to last year as of August
31, 2018
➢ As a measure of Occupancy summer season is now down -8.0% (-9.5% last month) compared to last year as of
August 31, 2018
➢ No months are showing an occupancy gain over last summer season (a measure noticed in the last report as
well)
➢ September and October are showing ADR gains over last summer season
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Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
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Winter Season:
➢ November gained +2.0% as an absolute measure of occupancy in August
o Bookings made in August for November are up +0.8% in absolute variance vs those made last year in
August for November
➢ December gained +5.5% as an absolute measure of occupancy in August
o Bookings made in August for December are up +0.1% in absolute variance vs those made last year in
August for December
➢ January gained +3.5% as an absolute measure of occupancy in August
o Bookings made in August for January are down -3.3% in absolute variance vs those made last year in
August for January
➢ February is now on the books, showing 26.88% occupancy, down -11.9% over last year at this time (30.49%)
➢ As a measure of RevPAR, winter season is now down -2.4% (+4.11% last month) compared to last year as of
August 31, 2018
➢ As a measure of ADR, winter season is now up +2.2% (+1.93% last month) compared to last year as of August 31,
2018
➢ As a measure of Occupancy, winter season is now down -4.6% (+2.14% last month) compared to last year as of
August 31, 2018
➢ December is showing an occupancy gain over last winter season
➢ November and December are showing ADR gains over last winter season
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Copyright (c) 2019, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
www.Inntopia.com
DOR PRODUCTION NOTES:
August:
➢ August is underperforming versus last year for the majority of the month with most days experiencing a lower
occupancy rate than last year
o There are -1739 fewer bookings for the month than last year at this time
o All underperformances noted after 15th have decreased their variance since the last report
o The gains on the 24th actualized up +11.8%
o Inventory is slightly up over last year throughout the month
September:
➢ September as a whole is very slightly outperforming last year
o Most bookings since the last report have been noticed in the middle of the month
o The 8th is showing the largest outperformance versus last year, up by +19.7%
o Inventory is higher than last year for the whole month
October:
➢ October as a whole is underperforming last year
o There are -789 fewer bookings than last year at this time
o The 22nd has been experiencing a large underperformance versus last year, and has increased its
variance since the last report, and remains down -16.4%
o The day before Halloween is outperforming last year by +16.3% (+12.8% last report), while Halloween
itself is down -3.9% (-1.15% last report)
o Inventory is higher than last year for the whole month
November:
➢ November has experienced little activity for the month, a measure noted for the last 5 reports, and has
experienced a slight increase over last year’s performance
o There are 113 more bookings than last year at this time
o The largest outperformances are confined to the end of the month
o Thanksgiving Day is up +6.9% over last year
o Inventory is higher than last year for the whole month
December:
➢ December is almost entirely outperforming last year for the whole month
o There are 3081 more bookings than last year at this time
o The largest outperformance is on the 6th, up +9.8% (+9.2% last report) over last year
o Christmas is up +2.3% (+3.7% last report) over last year
o New Year’s Eve is up +4.5% (+4.5% last report) over last year
o Inventory is higher than last year for the whole month
Copyright (c) 2019, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
www.Inntopia.com
January:
➢ January is underperforming last year for the majority of the month, with only the 28th and 29th outperforming
last year
o There are -2785 less bookings than last year at this time
o The largest losses are noticed on the 22nd and 23rd, down -16% and -18% respectively, and have further
increased their variance since the last report
o The largest outperformance is noted on the 28th, up +7.3% (+8.5% last report), and the 29th, up +4.2%
(+6.5% last report)
o Inventory is higher than last year for the month
February:
➢ February has seen very little change in performance since the last report
o We expect to see bookings fill in the coming months as we get closer to the winter season
o There are -2230 less bookings than last year at this time
o The largest underperformance is on the 10th, down -19.1% versus last year at this time
o The largest outperformance is on the 6th, up +6.7% versus last year at this time
o Inventory is higher than last year