Telluride Air and Lodging Update: Oct 13-20, 2023

Posted by Anne-Britt Ostlund on Friday, October 13, 2023 at 6:30:28 AM By Anne-Britt Ostlund / October 13, 2023 Comment

Via Telluride Tourism Board

LODGING UPDATE

Total destination occupancy (paid and owner) through October 21 has increased by 9% YOY at 30%, and average daily rate (ADR) has decreased by 22% at $283. Mountain Village total occupancy has increased by 33% compared to the same period in 2022, and Telluride total occupancy has decreased by 5%. The largest growth occurs this weekend, with a bit of a bump during the last week of the season due to the gondola extension.

Winter pace continues to be strong, although slowing a bit, with total destination occupancy 18% higher YOY, currently at 31%. December is showing more growth than previous weeks 3% ahead YOY, and March showing the most growth, 30% higher YOY. The March uptick is most likely due to Easter and Semana Santa falling on the last week of the month. Telluride total occupancy pace is 1% higher YOY, and Mountain Village total occupancy pace has increased by 28%.

Stay tuned for more winter lodging updates when the Peak Sheet returns on November 16!

AIR UPDATE

Summer air traffic is finishing slightly softer than the last two years, down a bit in early October but up again late. Summer overall is looking to finish 8-10% up. Early winter bookings are about 5% down, but picking up. Please take advantage of the Denver Air sale, with $139 fares out of TEX to PHX and DEN, available for travel through Dec 13!

Additionally, the winter air schedule is finally set, with several changes across the network. Overall capacity for winter will be even to last year, and will feature 13 nonstop flights from 11 major hubs, on 5 different carriers.

Thank you for joining us in exploring the latest Telluride air and lodging updates. We hope you've gained valuable insights into the ever-evolving landscape of this enchanting mountain destination. If you're considering making Telluride your home or investing in the vibrant real estate market, look no further than Mountain Rose Realty, your trusted source for Telluride real estate.

Anne-Britt Ostlund, your dedicated Telluride real estate expert, is here to guide you through the process of finding your dream home in this idyllic mountain haven. With her extensive knowledge of Telluride homes for sale and the local real estate market, Anne-Britt is your key to unlocking the door to your future.

Whether you're seeking homes for sale in Telluride, CO, or looking to explore the real estate options in the region, we're here to provide the resources and support you need. Contact Anne-Britt Ostlund at Mountain Rose Realty today, and let your Telluride real estate journey begin.

Stay informed and inspired with our blog for more updates on Telluride's real estate market, lifestyle, and the latest trends in mountain living. We look forward to assisting you in making Telluride your home, and we're excited to be a part of your journey.

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