We just booked a condo for our fourth trip back to BC, and I'm curious if anyone else has noticed the steep increase in condo rental rates this year? The exact same place that we stayed in last year added a couple of plasma televisions and simultaneously increased their rates by nearly $300 per night over last years rates (we found another place). I find this ironic given my conversations with a property manager last year who said that no one could recall there being a worse year from a rental perspective.
Don't get me wrong - BC is our favorite place, which I realize leads to some inelasticity in prices. However, prices have been declining for three years before this one, which means that the law of supply and demand is not a completely foreign concept in this area. Maybe one of the destination experts can weigh in with a more macroeconomic view of what's going on in Vail Valley.