What is the occupancy rate in Telluride during the holiday period (December 26 – January 1)?

Total occupancy is at 69% for the holiday vacation period, which is up 1% from last season, with paid occupancy 2% higher. Occupancy peaks between December 28–31 at 78%, then tapers to a 52% average during the first week of January.

How are Telluride hotel rates performing this holiday season compared to last year?

Average Daily Rate (ADR) is up 7% this holiday season, driving a 10% increase in Revenue per Available Room (RevPAR) compared to last year.

What is the forecast for Telluride lodging in Q1 2025?

Q1 2025 is pacing slightly behind 2024, with total occupancy 3% lower due to a slower January tracking 9% behind last season. However, February is flat at 54% occupancy, March is 1% ahead year-over-year at 43%, and ADR during Q1 is up 8%, resulting in a 2% increase in RevPAR pace.

What changes have been made to seasonal air service to Telluride?

Seasonal flights ramped up last week, including the arrival of Breeze flights, which began service last Thursday, providing additional travel options to the mountain town.

How is air travel demand tracking for Telluride this holiday week and beyond?

This week is running about even with last year, while the following week is tracking 13% ahead, with some demand backloading into the New Year week due to Christmas and New Year's falling on Wednesdays.

$Telluride Air and Lodging Update: December 26 - January 1, 2025 — featured image$

Telluride Air and Lodging Update: December 26 - January 1, 2025

By Anne-Britt OstlundDecember 26, 20241 min read

Life @ Telluride

Via Telluride Tourism Board

LODGING UPDATE

The holiday vacation period (12/26/24 – 1/4/25) is pacing ahead of last season, with total occupancy up by 1% at 69%, paid occupancy 2% higher, a 7% increase in Average Daily Rate (ADR), resulting in a 10% increase in Revenue per Available Room (RevPAR). Occupancy peaks between December 28 – 31 at 78%, and then tapers off during the first week of January to a 52% average.

Q1 of 2025 is pacing slightly behind 2024, with total occupancy currently 3% lower due to a slower January, which is tracking 9% behind last season. February is flat, now at 54% occupancy, and March is pacing 1% ahead YOY, currently at 43%. ADR during Q1 is up 8%, resulting in a 2% increase in RevPAR pace.

AIR UPDATE

With solid late fill, holiday numbers have pulled close to even with last year overall, but with a two instead of three week pattern due to Christmas and NY falling on Wednesdays. This week is running about even and the following week is 13% ahead (see weekly graph below). In addition to the two week pattern, those two weeks now look to be backloading some into the NY week. The seasonal flights ramped up last week, including the first Breeze arrival last Thursday!

For those considering Telluride homes for sale or seeking a second home in the area, these travel and lodging updates reflect the thriving allure of this mountain town. Anne-Britt Ostlund of Mountain Rose Realty can help you navigate the Telluride real estate market, whether you're buying or selling.

With holiday travel and lodging trends signaling a vibrant season, now is the time to experience all Telluride has to offer. Interested in calling Telluride home? Contact Anne-Britt Ostlund at Mountain Rose Realty to explore luxury living and investment opportunities in this stunning destination.

Frequently Asked Questions

What is the occupancy rate in Telluride during the holiday period (December 26 – January 1)?: Total occupancy is at 69% for the holiday vacation period, which is up 1% from last season, with paid occupancy 2% higher. Occupancy peaks between December 28–31 at 78%, then tapers to a 52% average during the first week of January.
How are Telluride hotel rates performing this holiday season compared to last year?: Average Daily Rate (ADR) is up 7% this holiday season, driving a 10% increase in Revenue per Available Room (RevPAR) compared to last year.
What is the forecast for Telluride lodging in Q1 2025?: Q1 2025 is pacing slightly behind 2024, with total occupancy 3% lower due to a slower January tracking 9% behind last season. However, February is flat at 54% occupancy, March is 1% ahead year-over-year at 43%, and ADR during Q1 is up 8%, resulting in a 2% increase in RevPAR pace.
What changes have been made to seasonal air service to Telluride?: Seasonal flights ramped up last week, including the arrival of Breeze flights, which began service last Thursday, providing additional travel options to the mountain town.
How is air travel demand tracking for Telluride this holiday week and beyond?: This week is running about even with last year, while the following week is tracking 13% ahead, with some demand backloading into the New Year week due to Christmas and New Year's falling on Wednesdays.