HomeMy WebLinkAboutVail_Production_Notes_12-31-2019Copyright (c) 2020, Sterling Valley Systems All Rights Reserved.
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Data as of: 12/31/2019
Vail Production Notes
RAO PRODUCTION NOTES:
General RAO Notes:
➢ All months, except March and April, are showing an increase in inventory compared to last year at this time
o December: +259 RNA or +8 units per day
o January: +128 RNA or +4 units per day
o February: +2,345 RNA or +81 units per day
o March: -56 RNA or -3 units per day
o April: -2,212 RNA or -74 units per day
o May: +402 RNA or +13 units per day
o June: +300 RNA or +10 units per day
➢ On the books occupancy is up +2.7% (+2.0% last month) over last year, while historic actual occupancy is down -
1.2% (-3.9% last month) over last year
➢ On the books ADR is up +1.9% (+0.9% last month) over last year, while historic actual ADR is also up +2.9% (-
1.1% last month) over last year
➢ On the books RevPAR is up +4.7% (+2.9% last month) over last year while historic actual RevPAR is also up +1.7%
(-4.9% last month) over last year
Winter Season:
➢ December gained +7.5% as an absolute measure of occupancy in December
o Bookings made in December for December are down -3.5% in absolute variance vs those made last year
in December for December
➢ January gained +11.0% as an absolute measure of occupancy in December
o Bookings made in December for January are up +0.6% in absolute variance vs those made last year in
December for January
➢ February gained +7.8% as an absolute measure of occupancy in December
o Bookings made in December for February are up +2.2% in absolute variance vs those made last year in
December for February
➢ March gained +5.3% as an absolute measure of occupancy in December
o Bookings made in December for March are up +0.8% in absolute variance vs those made last year in
December for March
➢ April gained +1.5% as an absolute measure of occupancy in December
o Bookings made in December for April are up +0.5% in absolute variance vs those made last year in
December for April
➢ As a measure of RevPAR, winter season is now up +6.3% (+2.9% last month) compared to last year at this time
➢ As a measure of ADR, winter season is now up +2.9% (+0.8% last month) compared to last year at this time
➢ As a measure of Occupancy, winter season is now up +3.4% (+2.1% last month) compared to last year at this
time
➢ December, February, March, and April are showing occupancy gains over last winter season
➢ December, January, February, March, and April are showing ADR gains over last winter season
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➢ Seasonal Inventory
o For the entire winter season there are 466,833 room nights available, a +0.3% increase over last winter
season (465,590)
➢ Seasonal Bookings
o For the entire winter season there are 190,409 room nights booked, a +3.7% increase over last winter
season (183,695)
Summer Season:
➢ May gained +0.3% as an absolute measure of occupancy in December
o Bookings made in December for May are up +0.5% in absolute variance vs those made last year in
December for May
➢ As a measure of RevPAR summer season is down -10.2% (-6.6% last month) compared to last year at this time
➢ As a measure of ADR summer season is up +4.8% (+8.2% last month) compared to last year at this time
➢ As a measure of Occupancy summer season is down -14.3 (-13.7% last month) compared to last year at this time
➢ No months are showing occupancy gains over last summer season
➢ May and June are showing ADR gains over last summer season
➢ Seasonal Inventory
o For the entire summer season there are 146,922 room nights available, a +0.5% increase over last
summer season (146,220)
➢ Seasonal Bookings
o For the entire summer season there are 14,801 room nights booked, a -13.9% decrease over last
summer season (17,190)
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Copyright (c) 2020, Sterling Valley Systems All Rights Reserved.
Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
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DOR PRODUCTION NOTES:
December:
➢ December closed the month mostly outperforming last year, though the period around the holidays experienced
less short-lead bookings fill than last year at the same time
o There were +836 (+2922 last report) more bookings than last year
o The largest outperformance was on the 14th, actualizing up +11.6% over last year
o The largest underperformance was on the 2nd of the month, actualizing down -7.6% over last year
o Christmas Eve actualized up +7.3% (+8.9% last report), and saw +182 more bookings than last year
o Christmas actualized slightly down -0.2% (+2.7% last report), and saw -20 less bookings than last year
o New Year’s Eve actualized up +10.7% (+10.5% last report), and saw +374 more bookings than last year
o Inventory was lower than last year for the majority of the month
January:
➢ January is experiencing an outperformance around the 11th of the month that has grown in variance, while the
14th to the 26th are seeing an underperformance compared to last year that has increased its variance
o There are +1215 (-8 last report) more bookings than last year at this time
o Since the last report, January has added +7644 bookings
o New Year’s Day actualized up +8.5%, and saw +312 more bookings than last year
o Currently, all days during MLK weekend are underperforming last year, a measure noticed in the last
report as well
o The largest underperformances are noticed on the 22nd and 23rd, down -15.9% and -13.8% respectively (-
19% and -17.6% respectively last report)
o The 10th and 11th are currently the largest outperformances, up +12.4% and +10.5% respectively
o Inventory is higher than last year for the entire month
February:
➢ February is continually making progress towards outperforming last year as most underperformances have
decreased their variance, a measure noted in the last report as well
o There are +1198 (-832 last report) more bookings than last year at this time
o February also saw large bookings increases during December as +5305 new bookings were added
o All days, except the 17th, during President’s Day Weekend are currently underperforming last year,
though their variance has decreased since the last report
o Valentine’s Day is slightly down -1.7% compared to last year at this time
o The largest underperformance is on the 10th, down -11.4% (-14.3% last report) versus last year at this
time
o The largest outperformance is on the 6th, up +12.4% (+8.2% last report) versus last year at this time
o Inventory is higher than last year for the entire month
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Confidential Information not for reproduction and protected by law.
Communications@Inntopia.com
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March:
➢ March has experienced more outperformance variance during the middle of the month since the last report,
and is poised to potentially outperform March 2019 in its entirety
o There are +6213 (+5125 last report) more bookings than last year at this time
o The largest outperformance is on the 15th, up +17.6% (+14.9% last report) over last year at this time
o The largest underperformance is on the 9th, down -5.9% (-6.0% last report) over last year at this time
o Inventory is higher than last year for the entire month
April
➢ While April’s large outperformances noted during the first week of the month have not changed their
performance much, the 2nd and 3rd weeks have noticed some decrease in outperformance variance since the last
report
o There are +5122 (+4584 last report) more bookings than last year at this time
o While performance for the second half of the month has decreased outperformance variance since the
last report, there are only 2 days in which April underperforms last year, the 29th and 30th
o The largest outperformances are confined to the 4th through the 10th, which are on average up +14.8%
over last year at this time
o The only underperformances noted are on the 29th, down -8.4% (-8.0% last report), and the 30th, down -
1.9% (-1.8% last report) over last year at this time
o Inventory is higher than last year for the entire month
May
➢ May has experienced little change in performance in the last month compared to last year, with the exception of
an increase in performance around the 19th of the month
o There are +339 (-432 last report) less bookings than last year at this time
o The largest underperformance is on the 28th, down -5.3% over last year at this time
o The largest outperformance is on the 19th, up +10% over last year at this time
o Inventory is higher than last year for the entire month
June
➢ June is showing mostly underperformance for the beginning of the month, with a mix of up and down to close
out the month
o There are -252 (-584 last report) less bookings than last year at this time
o The largest underperformance is on the 4th, down -13.5% (-13.5% last report) over last year at this time
o The largest outperformance is on the 17th, up +10.1% (+9.9% last report) over last year at this time
o Inventory is higher than last year for the entire month