October Report - Basecamp Luxe

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BASECAMP LUXE

Melinda & Duane Pearson

Dear Melinda & Duane,

As we step into November, I want to share several updates that reflect both our continued growth and the shifting dynamics of the luxury vacation market in Winter Park.

Performance Snapshot

As is traditional, October was a softer month for the mountain market — but Elysian once again outperformed. We achieved 5.6% Adjusted Paid Occupancy, compared to 1.4% for the broader market. Looking ahead, November is pacing at 15% occupancy, while the market sits at 10.7%, underscoring our sustained pricing power and market capture even during shoulder periods.

Guesty vs. Clearing — Clarifying Roles

Guesty recently rolled out a major update to its platform, but it’s become increasingly clear that it should be used primarily for calendar management rather than accounting. Moving forward, please rely on Guesty for viewing reservations and blocking out dates, and Clearing as your source of truth for financial reporting and statements. This ensures your numbers remain accurate, timely, and consistent

The Migration to Winter Park Continues

The migration trend continues — guests who once spent six figures in Aspen, Vail, and Park City are increasingly choosing Winter Park. In the past two weeks alone, we’ve secured five bookings exceeding $20,000, all from guests seeking a premium mountain experience without the premium price tag which is reaching 6 figures. This validates our position as the leading value in the luxury mountain market

Airbnb’s New Fee Structure

Airbnb has officially changed its 15.5% platform fee policy. Instead of splitting the fee between host and guest, the entire fee is now charged to the host. Previously, Elysian absorbed much of this cost, but doubling it is not sustainable. We’ve therefore implemented a rate inflator so this 15.5% fee is passed through to guests automatically. You’ll see this reflected in your November statements — ensuring your net earnings remain protected.

Major Investment in Direct Bookings

Elysian continues to invest heavily in reducing reliance on third-party platforms such as Airbnb and VRBO. Our new content marketing team will be in Winter Park November 9–13 filming four days of lifestyle and promotional content. This footage will power our direct-booking campaigns across digital and social platforms.

Winter is (Almost) Here

Winter Park Resort’s opening day was October 31st!. While snow hasn’t yet reached town despite a few early storms, the resort has begun full snowmaking operations. Early data suggests this will be Winter Park’s busiest winter yet, and Elysian is positioned perfectly to capture that surge.

Spa Man Service Change

We are evaluating a change in how Spa Man is paid. Because this service is already a direct pass-through cost, it makes sense for homeowners to pay Spa Man directly. We’ve asked that Spa Man copy you on all invoices for full transparency. Our team will continue to coordinate routine biweekly service and manage any urgent repairs when guests are in-house. If this new approach poses any issue, please reach out to me directly

Looking Ahead

As we enter the high season, we’re turning our attention to strategic pacing and yield optimization. The chart below will illustrate supply and demand dynamics for December through March, segmented by bedroom count. It highlights:

How

much total supply exists in each category

The percentage of bookings that remain compared to final bookings last year

This data-driven approach allows us to tailor pricing and marketing strategy to where opportunity is greatest — ensuring every home captures its fair share of the strongest demand months of the year.

We’re entering the season with strong momentum, a growing guest base, and a refined operational model built on transparency, performance, and partnership. Thank you, as always, for your continued trust.

Warmly, Paul & The Elysian Team

BasecampLuxe

This report reflects the most current data as of 1st week of November 2025, showing how the property performs across each stage of the booking funnel.

Maintenance Report

Basecamp Luxe

Tuesday, October 21, 2025

298 Lions Gate Dr. Winter Park, COLORADO 80482

Paul Burke

78321 US 40 Winter Park 80482

Basecamp luxe - MO inspection

4 week inspection for Basecamp luxe, 298 Lions Gate Dr.

Top floor

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

 Patio decorations/string lights- bulbs clean, dry inside and all working/secure.

 Grill- 2 full tanks, clean, no damage, hardware present and secure

 Deck mats- in place clean and undamaged

 Photo

 Patio landing and stairs

 Door- clean, isn’t squeaking, hardware present and secure, no damage, check condition of threshold and weatherstrip

 Floor- clean/ undamaged, rug present

 Shoe rack- 2 pairs, secure, clean

 Cabinets- secure, clean, undamaged

 Counter- decor present, caulking good

 Sink- secure, working, dry underneath

 Fridge- clean, cold, undamaged, could clean.

 Receptacle- 1

 Light switch- 3

 Carpet stairs- clean no stains, secure.

 Railing- secure, undamaged

 Photo Floor
 Photo
Shoe rack
 Photo Cabinets  Photo Counter  Photo Sink

 Windows- clean, working

 Blinds/drapes- secure, clean, working

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

 Closet- door clean and secure, 12 hangers, area fan clean and working

 Furniture- undamaged, clean inside, outside and underneath

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

 Receptacles- 7

 Light switch- 1

 Floor- rug unstained, floor clean no damage.

 Door- secure, no squeak

E 9 0 4 Checklist

 East 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, no squeak

 Receptacle- 1

 Light switch- 1

 Photo Shower

Checklist

 Hall/tv room

 Closet door- secure, no squeak

 Walls- no stain, scratches or marks

 Tv room- decor present

 Tv- secure, clean, remote present, remote batteries

 Tv- shelf secure

 Sleeper couch- working clean and no stains

 Floor- tv room rug no stains, hall floor clean undamaged

 Vent fan- working, clean

 Receptacle- 3

 Light switch- 2

Checklist

 West bathroom

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

 Shower curtain- clean, secure

 Towel hangers- secure

 Toilet- working properly, clean

 Counter- undamaged, clean, dry underneath

 Floor- clean

 Door- secure, no squeeks

 Light switch- 1

 Receptacle- 1

 Photo
Decor
 Photo Shower

Checklist

 Laundry room

 Door- secure no squeak

 Dryer- no dust clean

 Washer- clean

 Photo Counter
 Photo Sink

 Stairs

 Carpet clean with no stains, railing secured

E 9 0 4 Checklist

 West bedroom

 Windows- clean, working

 Blinds/drapes- secure, clean, working

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

 Closet- door clean no squeaks, 12 hangers, area fan clean and working. Vacuum empty.

 Furniture- undamaged, clean inside, outside and underneath

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

 Floor- rug unstained, floor clean no damage

 Door- secure, no squeak

 Receptacle- 6

 Light switch- 1

2nd (main) floor

E 9 0 4 Checklist

 Porch

 Railing- secure and undamaged

 Furniture-hardware, no damage

 Grill- clean, hardware, 2 full tanks

E 9 0 4 Checklist

 Dining corner

 Window- clean blings working

 Decor- present and clean

 Table/bench- no stains or damage, secure

E

Checklist

 Living room

 Furniture- no stains or damage

 Decor- present

 Walls- clean no stains or dents

 Floor- rug and wood floor clean no dents

 Fire place- working

 Tv- secure, clean, remote present with batteries

 Fan- working and clean

Checklist

 Kitchen

 Co

ffee makers- working and clean inside and out

 Stove- clean, working

 Oven- clean, working

 Micro wave- clean, working

 Toaster- clean, working

 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

 Main floor bath

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

 Shower curtain- clean, secure

 Towel hangers- secure

 Toilet- working properly, clean

 Counter- undamaged, clean, dry underneath

 Door- secure, no squeak

 Floor- clean, no stains on rug

 Receptacle- 1

 Light switch- 1

 Photo
 Photo
 Photo

4 Checklist

 Kids room

 PAC man- working, clean and undamaged

 Bunkbed/furniture- secure and undamaged.

 Window- clean, working, blinds undamaged

 Floor- clean and undamaged

 Door- secure and no squeak

E

4 Checklist

 Kids room

 PAC man- working, clean and undamaged

 Bunkbed/furniture- secure and undamaged.

 Window- clean, working, blinds undamaged

 Floor- clean and undamaged

 Door- secure and no squeak

E 9 0 4 Checklist

 Front porch

 Deck- clean and undamaged

 Furniture- secure clean and undamaged

 Door- good batteries in lock, no squeak, secure. Threshold and weatherstrip in good condition

 Welcome mat- present and clean

E 9 0 4 Checklist

 Entry way

 Jacket hooks- secure

 Mud mats- clean, present

E 9 0 4 Checklist

 Stairs

 Carpet- no stains or damage

 Railing- secured

E 9 0 4 Checklist

 Stairs

 Carpet- no stains or damage

 Railing- secured

E 9 0 4 Checklist

 Entry way

 Door- smart lock batteries, secure, no squeeks, weather stip and threshold good and clean

 Window- clean

 Floor- clean, rug no stains, mud pads present

 Coat hooks- secure

E 9 0 4 Checklist

 Garage

 Door- secure with no leaks

 Boiler- no leaks or codes

 Breaker box- check for flipped breakers

 Floor - swept

 Photo
 Photo
Photo

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