A high-resolution simulation tool for rotorcraft aerodynamics is developed by coupling CFD with a Vorticity Transport Model (VTM). An Eulerian-based CFD module is used to model the blade near body flowfield, and a Lagrangian-based VTM module is employed for vortex tracking in the far wake. The coupling procedure is implemented by transmitting vortex sources to the VTM module and feeding boundary conditions back to the CFD module. The presented CFD/VTM hybrid solver is firstly validated by hover cases of three different rotor configurations. Simulation results, including the blade surface pressure distribution, rotor downwash, and hover figure of merit, exhibit favorable correlations with available experimental data. Then, a rotor operated in vertical descending flight with a fixed collective pitch is investigated. It is shown that the CFD/VTM coupling method is suitable for rotor wake simulation. Wake instabilities (far wake breakdown in hover and toroidal wake pattern in the vortex ring state) are successfully demonstrated with a moderate computational cost.