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HomeMy WebLinkAbout07. Vail Executive Summary 2021-06-30Destination: Vail June (Actual) 2021 2020 June (Actual) 2021 2020 Paid Occupancy 45.8%13.4%241.2%Paid Occupancy 49.6%21.4%131.4% ADR $284 $215 32.1%ADR $339 $233 45.4% July (On The Books) July (On The Books) Paid Occupancy 63.5%27.3%132.3%Paid Occupancy 61.2%31.0%97.1% ADR $358 $326 9.7%ADR $414 $337 22.9% August (On The Books) August (On The Books) Paid Occupancy 44.5%15.8%181.3%Paid Occupancy 43.8%16.3%169.7% ADR $338 $298 13.3%ADR $410 $345 18.8% September (On The Books) September (On The Books) Paid Occupancy 26.4%10.1%160.8%Paid Occupancy 32.0%12.5%155.3% ADR $276 $239 15.3%ADR $338 $280 20.7% October (On The Books) October (On The Books) Paid Occupancy 12.0%5.4%120.5%Paid Occupancy 13.3%7.1%87.8% ADR $216 $191 12.7%ADR $270 $201 34.6% November (On The Books) November (On The Books) Paid Occupancy 5.5%2.1%165.1%Paid Occupancy 5.2%2.8%86.2% ADR $267 $259 3.0%ADR $252 $228 10.8% December (On The Books) December (On The Books) Paid Occupancy 16.4%8.9%84.9%Paid Occupancy 14.7%8.4%75.0% ADR $731 $618 18.3%ADR $734 $527 39.3% 2021 2020 Year over Year % Difference 2021 2020 Year over Year % Difference June 7.0%2.9%138.6%June 7.4%4.0%85.8% Bookings as of June 30, 2021 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 propertie s start, or existing properties cease operations. RESERVATIONS ACTIVITY REPORT Executive Summary 45.8% 13.4% 2021 2020 Vail June Occupancy vs. Last Year 49.6% 21.4% 2021 2020 DestiMetrics -Industry West June Occupancy vs. Last Year $284 $215 2021 2020 Vail June ADR vs. Last Year $339 $233 2021 2020 DestiMetrics -Industry West June ADR vs. Last Year Copyright (c) 2021, Sterling Valley Systems All Rights Reserved. Confidential Information not for reproduction and protected by law. DestiMetrics@Inntopia.com www.Inntopia.com