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HomeMy WebLinkAboutVail Executive Summary 2020-04-30Destination: Vail April (Actual) 2020 2019 April (Actual) 2020 2019 Paid Occupancy 1.5%31.1%-95.2%Paid Occupancy 1.2%28.1%-95.7% ADR $98 $245 -59.8%ADR $110 $195 -43.5% May (On The Books) May (On The Books) Paid Occupancy 0.9%15.0%-93.7%Paid Occupancy 1.4%20.9%-93.3% ADR $89 $165 -46.3%ADR $166 $185 -10.2% June (On The Books) June (On The Books) Paid Occupancy 6.2%35.1%-82.3%Paid Occupancy 10.2%36.7%-72.1% ADR $270 $234 15.5%ADR $278 $274 1.2% July (On The Books) July (On The Books) Paid Occupancy 20.4%36.8%-44.5%Paid Occupancy 21.9%37.8%-42.0% ADR $302 $289 4.7%ADR $326 $317 3.0% August (On The Books) August (On The Books) Paid Occupancy 18.2%23.1%-21.2%Paid Occupancy 18.7%27.1%-31.0% ADR $282 $287 -1.9%ADR $310 $309 0.3% September (On The Books) September (On The Books) Paid Occupancy 14.5%17.8%-18.2%Paid Occupancy 16.9%21.4%-21.0% ADR $233 $213 9.4%ADR $260 $249 4.4% October (On The Books) October (On The Books) Paid Occupancy 6.3%9.3%-32.6%Paid Occupancy 10.2%9.8%4.1% ADR $188 $163 15.3%ADR $188 $191 -1.6% 2020 2019 Year over Year % Difference 2020 2019 Year over Year % Difference April -4.1%6.2%-166.5%April -3.4%5.1%-165.9% Bookings as of April 30, 2020 Data based on a sample of up to 28 properties in the Vail destination, representing up to 2,472 Units ('DestiMetrics Census'*) and 65.1% 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 1.5% 31.1% 0.0% 2020 2019 Vail April Occupancy vs. Last Year 1.2%28.1% 0.0% 50.0% 2020 2019 DestiMetrics -Industry West April Occupancy vs. Last Year $98 $245 $0 2020 2019 Vail April ADR vs. Last Year $110 $195 $0 2020 2019 DestiMetrics -Industry West April ADR vs. Last Year Copyright (c) 2020, Sterling Valley Systems All Rights Reserved.Confidential Information not for reproduction and protected by law. DestiMetrics@Inntopia.com www.Inntopia.com