October Report - Elevated Vibes

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ELEVATED VIBES

John & Kristi Doherty

Dear John & Kristi,

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

Your October 2025 Overview

Elevated Vibes

Elevated Vibes

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

Elevated Vibes

Friday, October 17, 2025

72 Meadow Creek Lane

Fraser, COLORADO 80442

Paul Burke

78321 US 40

Winter Park 80482

Elevated vibes - MO Inspection

4 week inspection for Elevated Vibes, 72 meadow creek trail F202, Fraser CO 80446

Bed/Bath

E 9 0 4 Checklist

 Master bathroom

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

 Shower door- clean, secure

 Towel hangers- secure

 Toilet- working properly, clean

 Counter/sink- undamaged, clean, dry underneath

 Floor- clean

 Door- secure, no squeak, clean

 Receptacle/Light switch- Test

E 9 0 4 Checklist

 Master 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- carpet unstained, clean

 Door- secure, no squeak

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

Checklist

 Guest 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 E

Checklist

 Guest Bedroom

 Windows- clean, working

 Blinds/drapes- secure, clean, working

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

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

 Furniture- undamaged, clean inside, outside and underneath

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

 Floor- rug unstained, floor clean no damage.

 Receptacle/Light switch (check Battery)- Test

 Doors- secure, no squeak

E 9 0 4 Checklist

 Laundry Room

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

 Doors- secure, no squeak

 Receptacle/Light switch- Test

E 9 0 4 Checklist

 Kids Room

 Furniture- undamaged, clean inside, outside and underneath

 Floor- carpet unstained, clean

 Doors- secure, no squeak

Living Spaces

E 9 0 4 Checklist

 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 E

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

Checklist

 Porch

 Furniture- secure, clean, undamaged

 Sliding door- clean, secure, undamaged

 Grill- clean, all parts,

 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

E 9 0 4 Checklist

 Entry way (mud room)

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

 Utility Closet- Clean and tidy, Boiler- good pressure/temp, no leaks

 Receptacle/Light switch- Test

Safety

E 9 0 4 Checklist

 Fire extinguisher

 Present in LOCATION

 proper pressure

 not expired

Present in laundry room. We need a sign on the door

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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