Park City Vacation Rental Statistics

In the high-stakes world of vacation rentals, where every percentage point can make or break a season, November 2024 emerged as a testament to the resilience and strategic prowess of property managers navigating a complex market landscape. 📅 Date Range  11/1/2024 – 11/30/2024 vs 11/1/2023 – 11/30/2023 🔎 Key Takeaways  Seasonal Trend Election week slowed reservations as people went to the polls. Thanksgiving was the last week of November. Market...

Park City’s vacation rental market statistics shine bright in October 2024, defying shoulder season slump with impressive year-over-year growth! 📅 Date Range  10/1/2024 – 10/31/2024 vs 10/1/2023 – 10/31/2023 🔎 Key Takeaways  Seasonal Trend The weather was dry and sunny, with a beautiful fall foliage season. Occupancy demand in October drops as it’s the fall shoulder season. Market Insights: October 2024 saw an 8.13% decrease in occupancy compared to September...

The Park City Vacation Rental Statistics for September 2024 reveal a downturn in the market as the area transitioned into the fall shoulder season. Decreased traveler demand drove a notable drop in performance. 📅 Date Range  9/1/2024 – 9/30/2024 vs 9/1/2023 – 9/30/2023 🔎 Key Takeaways Seasonal Trend The average daytime temperature was 5 degrees warmer in September 2024 than the prior year, and there were only three days of...

In August 2024, the Park City vacation rental market experienced mixed performance. Occupancy rates slightly increased, but overall demand softened compared to the peak summer months. With families returning home for the school year, occupancy dropped from July levels. However, key metrics such as the average daily rate (ADR) and revenue per available room (RevPAR) showed year-over-year growth. These trends highlight the resilience of the Park City vacation rental market...

July 2024 brought a twist to the Park City vacation rental market, as scorching temperatures in the Salt Lake City valley sent weekend travelers flocking to the mountains. Despite a minor dip in occupancy, savvy property managers capitalized on the heatwave, driving up both Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR). This report delves into how these dynamics played out, providing key insights from Park City’s most...

As the lush landscape began to flourish in June, the Park City vacation rental market followed suit, experiencing a dramatic surge in occupancy. Despite a cooler start to the month suppressing early bookings, the market saw an impressive 174% increase in occupancy compared to May 2024. This review delves into the key metrics and trends that shaped June 2024, offering valuable insights for property managers and owners alike. Date Range:...

This review examines the Park City vacation rental performance for May 2024 compared to the same period in 2023. Park City, Utah, renowned for its world-class ski resorts and vibrant cultural scene, is a popular destination for tourists seeking winter sports and summer outdoor activities. Analyzing key metrics such as paid occupancy, average daily rate (ADR), and revenue per available room (RevPAR). This review provides insights into vacation rental market...