Rocky Mountain resorts report lodging revenue up by 7.2 percent
March 23, 2017
The booking season is coming to a close, with occupancy numbers through the end of February coming in flat according to DestiMetrics, a Denver-based resort analytics firm. The company found that over 19 western mountain resorts, occupancy numbers were only up by 0.3 percent when compared to the same time last year. Revenue from rooms on the other hand, was up 7.3 percent. Resorts in the Rocky Mountains reported aggregated revenue at 7.2 percent.
Bookings made in the month of February for visits through July were down. DestiMetrics reported a 12.1 percent decrease compared to February 2016. Bookings are down for each month through July, with the exception of April, which is up 19.8 percent.
Occupancy for the summer season, May through October, is up 1.8 percent. Revenue is also up compared to last year, coming in 12.1 percent ahead. A large part of the increase is from August bookings.
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