Telluride Lodging and Air Update (July 14-20, 2023)

Via Telluride Tourism Board

LODGING UPDATE Destination total occupancy over the next two weeks has decreased 1% YOY at 57%, and average daily rate (ADR) is 8% lower than 2022 at $558. Peak occupancies occur next weekend, with properties at 66% total occupancy on Friday, July 21 and 63% on Saturday, July 22.    Summer occupancy continues to pace slightly ahead for the destination, 3% higher YOY at 42%. Summer destination ADR has decreased YOY by 5% at $574. May and June closed behind last summer, and the pace picks up during the second half of the season, with the largest growth occurring in September which is pacing 9% ahead of 2022 at 36% occupancy. Town of Telluride summer total occupancy has decreased by 10% YOY at 43% and ADR has increased by 3% compared to 2022 at $603. Mountain Village summer total occupancy has increased by 13% YOY at 42% occupancy, and ADR has decreased by 10% at $554.    With summer booking windows shorter than the winter months, lodging metrics can change quickly. Stay tuned to the weekly Peak Sheet for up-to-date lodging forecasts to ensure your business is properly prepared!  AIR UPDATE Continued strong weekly bookings now have overall air numbers about 8% ahead for the summer. July and August are up 10%+ while September and October continue to pace slightly down YOY. The base winter schedule is loaded, noting that there are likely to be a few changes to the network this coming season.

Thank you for considering following the Mountain Rose Realty blog by Anne-Britt for Telluride lifestyle news and real estate updates. Anne-Britt, a seasoned expert in the Telluride area, offers a unique perspective that combines a passion for the local lifestyle with deep knowledge of the real estate market.

By following Anne-Britt's blog, you'll gain valuable insights into the vibrant Telluride lifestyle. From the best hiking trails and skiing spots to the latest restaurant openings and cultural events, Anne-Britt will keep you informed about the pulse of this remarkable community. Her engaging writing style and personal anecdotes will make you feel like a part of the Telluride experience.

Additionally, Anne-Britt's expertise in real estate will keep you updated on the ever-changing market trends in Telluride. Whether you're looking to buy, sell, or invest in property, her blog will provide you with valuable information, tips, and guidance to make informed decisions.

By following the Mountain Rose Realty blog by Anne-Britt, you'll be connected to a wealth of knowledge and insider information about Telluride. Stay up to date with the latest lifestyle news, uncover hidden gems, and navigate the real estate market with confidence.

Don't miss out on this opportunity to embark on a journey of discovery and make the most of the Telluride lifestyle. Follow the Mountain Rose Realty blog by Anne-Britt today and unlock a world of captivating stories, useful insights, and endless possibilities in Telluride.