Thursday, February 23, 2017

Mid-season lodging numbers for mountain destinations continue to rise

Courtesy Michael Yearout Photography

Summit Daily News Link

Heavy snowfall across the western mountain region has benefitted lodging community revenues. DestiMetrics, a Denver-based resort analytics firm, released lodging numbers from more than 290 properties across Colorado, Utah, California, Wyoming, Nevada, Oregon and Montana. Revenue from November to April is up 8.7 percent from the same time last year, and occupancy is up just over 1 percent.
Both January and March saw a slight decrease in bookings. The booking pace for April rose nearly 50 percent.
DestiMetrics said in a release that consumer confidence in January was at a 15-year high, which also contributed to the rise in sales.