Mammoth Lakes Market Average Daily Rate

Average Daily Rate (ADR): 

The Mammoth Lakes market saw a 5.5% year-over-year decrease in ADR. Continued Economic uncertainty throughout the quarter likely contributed to softer pricing performance in the market.

Mammoth Lakes Market Occupancy

Occupancy: Year-over-year occupancy increased slightly by 0.1%. July remained a consistent and successful month, with occupancy at 50%. August’s occupancy experienced a slight decrease, while September saw a healthy increase. It appears that travelers are catching on to the appeal of beautiful, quiet Autumn in Mammoth.

Mammoth Lakes Market RevPAR

Revenue per Available Rental (RevPAR) decreased 5.4% year over year, from $74 to $70. RevPAR combines both occupancy and rate performance, offering a more complete picture of how well a rental is earning. The hardest hit segments of the market were smaller accommodations, which supports the theory of price conscious travelers not taking last minute trips due to economic uncertainty and increased fuel prices.

Natural Retreats vs Mammoth Lakes Market – RevPAR

Natural Retreats beat the market by nearly 25% in RevPAR. While the market experienced contraction in RevPAR for the quarter, we were able to improve in the metric. This was likely driven by the quality of our portfolio and the judicious rate adjustments we made to material occupancy without undermining rate integrity. 

Natural Retreats vs Mammoth Lakes Market – Average Length of Stay

Natural Retreats led the market in Q3 for Average Length of Stay, outperforming competitors by a notable margin in both July and August. This achievement reflects the strength of our Revenue Management team and the success of our tailored pricing strategies. By encouraging longer guest stays, we generate more revenue opportunities for homeowners while reducing turnover costs and maximizing overall property performance.