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HomeMy WebLinkAbout11. Vail Executive Summary 2021-09-30Destination: Vail September (Actual) 2021 2020 September (Actual) 2021 2020 Paid Occupancy 47.9%39.8%20.6%Paid Occupancy 48.7%42.3%15.1% ADR $299 $250 19.7%ADR $331 $276 20.0% October (On The Books) October (On The Books) Paid Occupancy 27.6%19.9%38.7%Paid Occupancy 28.8%22.3%29.3% ADR $249 $243 2.4%ADR $273 $237 14.9% November (On The Books) November (On The Books) Paid Occupancy 17.0%11.9%42.9%Paid Occupancy 13.8%10.1%36.6% ADR $306 $269 13.7%ADR $277 $255 8.5% December (On The Books) December (On The Books) Paid Occupancy 39.2%22.4%75.0%Paid Occupancy 33.2%20.6%61.6% ADR $781 $573 36.2%ADR $698 $564 23.7% January (On The Books) January (On The Books) Paid Occupancy 32.7%14.6%124.5%Paid Occupancy 29.0%16.1%79.8% ADR $634 $567 11.7%ADR $566 $453 25.0% February (On The Books) February (On The Books) Paid Occupancy 34.7%16.9%105.4%Paid Occupancy 30.6%16.1%90.0% ADR $656 $473 38.7%ADR $600 $467 28.5% March (On The Books) March (On The Books) Paid Occupancy 24.2%12.1%99.1%Paid Occupancy 21.5%10.3%108.8% ADR $641 $561 14.3%ADR $580 $462 25.4% 2021 2020 Year over Year % Difference 2021 2020 Year over Year % Difference September 7.7%8.0%-3.0%September 7.2%8.1%-11.3% Bookings as of September 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 pr operties start, or existing properties cease operations. RESERVATIONS ACTIVITY REPORT Executive Summary 47.9% 39.8% 2021 2020 Vail September Occupancy vs. Last Year 48.7%42.3% 2021 2020 DestiMetrics -Industry West September Occupancy vs. Last Year $299 $250 2021 2020 Vail September ADR vs. Last Year $331 $276 2021 2020 DestiMetrics -Industry West September 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