Update on Breckenridge lodging numbers
Some summary notes from the latest report from Breckenridge Resort Chamber & Breckenridge Central Reservations• Occupancy levels for Kingdom Days weekend are pacing up by 7-12 percent. Occupancy is pacing to finish between 45-50 percent. •Fourth of July weekend occupancy levels are pacing down by 2-8 percent on Friday and Saturday and up by about 8 percent on Sunday. Saturday occupancy is pacing to finish around 75 percent and Friday is pacing to finish around 65 percent to 70 percent. Sunday occupancy is pacing to finish around 50 percent. • The second weekend of July is pacing up between 5 – 10 percent and the third weekend of July is pacing off by around 15 percent. • Historically speaking, last minute fill has been stronger in 2010 than in 2009.• May occupancy was 10 percent; a 48 percent increase from the 7 percent occupancy level in 2009. On April 30, May was pacing up by 7 percent. •RevPar in May was up 64 percent June occupancy is pacing at 18 percent compared to the 19 percent occupancy pace at the same time in 2009. This is a 9 percent drop. June 2009 occupancy closed at 24 percent. On April 30, June occupancy was pacing down by 14 percent. June RevPar is pacing down 1.7 percent. • July occupancy is pacing at 24 percent compared to the 25 percent occupancy pace at the same time in 2009. This is a 3 percent drop. July 2009 occupancy closed at 40 percent. On April 30, July occupancy was pacing down by 2 percent. July RevPar is is pacing up by 3 percent • August occupancy is pacing at 12 percent compared to the 10 percent occupancy pace at the same time in 2009. This is a 24 percent increase. August 2009 occupancy closed at 27 percent. On April 30th, August occupancy was pacing up by 39 percent. August RevPar is pacing up by 28 percent. • September occupancy is pacing at 7 percent compared to the 8 percent occupancy pace at the same time in 2009. This is a 15 percent drop. September 2009 occupancy closed at 20 percent. On April 30th, September occupancy was pacing down by 5 percent. September RevPar is pacing down by 7 percent. • Summer occupancy is pacing at 13 percent compared to the 13 percent occupancy pace at the same time in 2009. Rounding does not reflect the actual 1 percent increase. Summer 2009 occupancy closed at 22 percent. On April 30th, Summer occupancy was pacing up by 3 percent. Summer RevPar is pacing up by 7 percent.
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