July Report - Penthouse in the Pines

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PENTHOUSE IN THE PINES

Matt & Heather Morehead

Dear Matt & Heather,

As we move further into summer, I want to share some key insights from July and exciting updates regarding our distribution and guest services.

Evolving Booking Trends

July continued to see booking windows shrink. 65% of our bookings were less than 5 days out and 34% of our bookings were 6-14 days out. We expect some of this is because travelers know they can get the best deals at the last minute and also partially due to people not booking trips when there was more economic fear earlier in the year but ultimately taking them anyway. While these last minute bookings can cause logistical challenges for our team we are the only company that allows same day bookings as late as we do. We are grateful that this extra effort has resulted in increased revenue for all of our partners.

Important Policy Changes from Airbnb

Airbnb is rolling out a "book now, pay later" option, which will also impact cancellation policies across the board. Moving forward, all Airbnb bookings will have a 72-hour cancellation window. While this offers flexibility for guests, it could introduce additional cancellation risk, particularly for aspirational trips booked during high season. To mitigate this, we're actively expanding our distribution channels to ensure your properties reach a wider audience.

Expanding Our Reach: New Distribution Channels

We're thrilled to announce that guests can now use Bonvoy or Capital One points to book stays at Elysian properties! This significantly broadens our appeal to a vast network of travelers. Additionally, a select number of our properties are now live and bookable directly on the Winter Park Resort website, providing another valuable avenue for bookings

Unreasonable Hospitality in Action

Our commitment to "Unreasonable Hospitality" continues to set us apart. A prime example occurred on the 4th of July when a guest experienced a flat tire over Berthoud Pass. I personally dropped everything to pick them up, drove them back to the home they rented and helped them arrange local roadside assistance. This is just one instance of how our dedicated team routinely goes above and beyond to ensure our guests have a seamless and positive experience, no matter the challenge

Strong Performance in Future Bookings

Looking ahead, we're proud to report that we're outpacing future bookings for the upcoming high season. Our strong performance is evident in our average daily rate (ADR) of $1369, significantly higher than the market average of $891. We've also received a number of bookings averaging over $2,000 per night. Furthermore, our 10% occupancy rate for the high season surpasses the market's 8%. This continued strong performance is a testament to our collective efforts and the quality of your properties

We're constantly working to optimize your property's performance and enhance the guest experience. As always, thank you for your continued partnership.

Sincerely,

Your July 2025 Overview

Penthouse in the Pines

Listing Performance

Please note we implemented new tracking software on 7/23.

How to Read Reports:

1st-page impressions: Search impressions are the number of distinct people who saw your listings on the first page of search results

Clickthrough: A click-through” happens when a user goes from seeing the listing on the search results page and then clicks to go to your listing.

Conversion Rate: conversion rate is the average daily number of distinct visitors who viewed your listing in search and then booked.

Listing Views: Number of visitors to your listing page.

Wishlist: Wishlist additions is the average number of times your listings are added to guest wishlists.

Green Upward Arrows: Areas where the listing is overperforming.

Red Downward Arrows: Areas where the listing is underperforming and improvement is needed.

We use this information to identify the stages where optimization for your property is needed.

Your July 2025 Overview

Maintenance Report

Penthouse in the Pines

Monday, July 7, 2025

Granby, CO 80446

Paul Burke

78321 US 40

Winter Park 80482

Penthouse in the Pines - MO Inspection

4 week inspection for Penthouse in the Pines, 101 saddle Mountain Camp Rd, Granby Co 80446

Hot Tub/ Exterior

E 9 0 4 Checklist

 Hot Tub/Roof Deck

 Hot tub- at temp (104) and clean

 Hot tub- no scrapes dents or damage inside/out

 Hot tub- lid in working order hardware present and secure

 Patio furniture- no scrapes dents or damage, hardware present and secure

 Receptacle/Light switch - Test

Bottom Floor

E 9 0 4 Checklist

 TV Room

 Closet- door clean and secure, Complimentary robe and shoes, area fan clean and working

 Windows/Door- clean, working, weather strip

 Blinds/drapes- secure, clean, working

 Furniture- undamaged, clean inside, outside and underneath

 Floor- rug unstained, floor clean no damage

 Door- secure, no squeak, clean

 Receptacle/Light switch- Test

Builders tracked drywall or paint onto carpet

Checklist

 Bedroom

 Closet- door clean and secure, Complimentary robe and shoes, area fan clean and working

 Windows- clean, working

 Blinds/drapes- secure, clean, working

 Fan- clean, working, remote working, check batteries

 Furniture- undamaged, clean inside, outside and underneath

 Receptacle/Light switch (check Battery)- Test

 Floor- rug unstained, floor clean no damage

 Door- secure, no squeak

 TV- remote present w/ charged batteries, secure and clean. E

Checklist

 Bathroom

 Shower- shower head and shelves clean, secure, good caulking.

 Shower door- clean, secure

 Towel hangers- secure

 Toilet- working properly, clean

 Counter- undamaged, clean, dry underneath

 Floor- clean

 Door- secure, clean,no squeak

 Receptacle/Light switch (check Battery)- Test

Checklist

 hall area area/Stairs

 Receptacle/Light switch - Test

 Floor- floor clean no damage.

 Stairs- Secure, clean, no damage

 Railing- secure, undamaged

 Windows- clean, working

 Wall Chess Feature-in order, all pieces present

 Boiler Closet- good pressure/temp, no leaks

Drywall patches on stairs where builders installed blocking for the railing are very visible Crack in ceiling paint Paint touch ups around stairs

Top Floor

E

Checklist

 Laundry Room

 Washer Dryer- Clean around behind and underneath, Clean dust try in dryer and soap tray in washer

 cabinets- clean and secure

 Doors- secure, no squeak

 Receptacle/Light switch- Test

 Kitchen

 Coffee maker- working and clean inside and out

 Stove- clean, working

 Oven- clean, working

 Micro wave- clean, working

 Toaster oven- clean, working

 Stove shroud- Clean and working, check light

 Fridge- clean inside out underneath and behind, good filter, ice machine not clogged

 Sink- secure, no leaks underneath, good batteries in the aerator

 Cabinets- clean secure and undamaged

 Floor- clean and undamaged

 Counter benches- clean, secure

 Windows- clean, working

 Receptacle/Light switch (check Battery)- Test

 Pantry- check actuators, make sure its clean and orderly, no expired goods.

E 9 0 4 Checklist

 Porch

 Railing- Secure, clean

 Furniture- secure, clean, undamaged

 Sliding door- clean, secure, undamaged

 Grill- clean, all parts,

Caulk gas connection cover plate Move grill to the porch and connect?

E 9 0 4 Checklist

 Living/dining Room

 Table/Chairs- Clean Secure undamaged

 chandelier- clean, working

 Windows- clean, working

 TV- remote present w/ charged batteries, secure and clean.

 Fire place- working

 Floor- rug and wood floor clean no damage

 Furniture- undamaged, clean inside, outside and underneath

 Decor- present

 Receptacle/Light switch (check Battery)- Test

E 9 0 4 Checklist

 Half Bath

 Towel hangers- secure

 Toilet- working properly, clean

 Window- clean, working

 Counter- undamaged, clean, dry underneath

 Floor- Clean no damage- no stains on rug

 Doors- secure,clean, no squeak

Middle Floor

E 9 0 4 Checklist

 Guest Bath

 Shower- shower head and shelves clean, secure, good caulking.

 Shower door- clean, secure, undamaged

 Towel hangers- secure

 Toilet- working properly, clean

 Counter- undamaged, clean, dry underneath

 Floor- clean, no stain on rug

 Doors- secure, no squeak

 Receptacle/Light switch (check Battery)- Test

Checklist

 Guest Bedroom

 Windows/door- clean, working

 Blinds/drapes- secure, clean, working

 Fan- clean, working

 Closet- door clean no squeaks, hooks secure, fan working clean and remote working

 Furniture- undamaged, clean inside, outside and underneath

 Floor-floor clean no damage

 Door- secure, no squeak

 Receptacle/Light switch (check Battery)- Test

 TV- remote present w/ charged batteries, secure and clean. E

Checklist

 Stairs/Entry way (mud room)

 Stairs- Secure, clean, no damage

 Railing- Secure, clean, undamaged

 front door- clean,no squeeks, lock has battery, Weather strip and threshold

 Closet- Clean and tidy

 Receptacle/Light switch (check Battery)- Test

 Door- secure with no leaks

 Floor - swept

 garage items - clean and organized

 Boiler- good pressure/temp, no leaks

Safety

E 9 0 4 Checklist

 Fire extinguisher

 Present in LOCATION

 proper pressure

 not expired

E 9 0 4 Checklist

 First aid Kit

 present in LOCATION

 fully stocked on all items

 no items expired

E 9 0 4 Checklist

 Smoke Alarm

 Test and listen for all alarms

 Check battery's

E 9 0 4 Checklist

 Gas connections check for leaks

 two natural gas connections on fire pits

 propane tank connection on grill

 gas connections on boilers

 gas connections on stove

E 9 0 4 Checklist

 Pipes

 Check pressure on Expansion tank next to boiler (15psi)

 check faucets for good pressure

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