What is the current average nightly rate in Telluride as of late September 2023?

The average daily rate (ADR) is currently $339, down 25% compared to $452 during the same period in 2022. This represents a significant decrease in nightly pricing for the destination.

How are Telluride lodging occupancy levels trending compared to last year?

Total destination occupancy is 55%, up 20% year-over-year, while paid occupancy has increased 28% to 49%. However, Telluride town itself is 8% lower than 2022, while Mountain Village occupancy has surged 40%.

What does the winter booking outlook look like for Telluride?

Winter is pacing 24% ahead of last ski season overall, with December flat year-over-year and all other months ahead. March shows the strongest growth at 40% higher than last year, likely due to Easter and Semana Santa falling in late March.

What air service is available from Telluride (MTJ) in shoulder season?

Shoulder season flights include 2-3 daily United flights to Denver (DEN), one daily Southwest flight to Denver, and one daily American flight to Dallas-Fort Worth (DFW). Denver Air also operates from the Texas hub with daily DEN service and Thursday-Sunday PHX flights.

How have summer and fall flight bookings performed this year?

Overall summer bookings are up 8-10% following a mid-summer spike driven by heat in core markets, though September is down 2% and October is pacing flat to date.

Telluride Air and Lodging Update: September 22 - 28

By Anne-Britt OstlundSeptember 23, 20233 min read

Life @ Telluride

Via Telluride Tourism Board

LODGING UPDATE

Over the next two weeks, occupancies are trending up, while average daily rates (ADRs) are significantly lower compared to the same period in 2022. Total destination occupancy is 20% ahead YOY at 55%, and paid occupancy has increased by 28% at 49%. ADR has dropped by 25%, currently at $339 compared to $452 in 2022. The largest growth occurs from September 28 – 30, where average total occupancy is 79%, 63% higher than the same timeframe in 2022. During the two-week period, Telluride occupancy is 8% lower than 2022 and Mountain Village occupancy has increased by 40%.

Winter continues to look strong, with total destination occupancy pacing 24% ahead of last ski season. December is pacing flat, and all other winter months are ahead, with March showing the most growth, 40% higher YOY. The March uptick is most likely due to Easter and Semana Santa falling on the last week of the month. Telluride total occupancy pace is 3% lower YOY, and Mountain Village total occupancy pace has increased by 39%. Stay tuned for weekly Peak Sheet lodging updates, as these metrics can change quickly as the winter season approaches.

AIR UPDATE

Following a spike in bookings mid-summer with the heat in core markets, the pace has slowed this fall. Overall summer bookings are up 8-10%, with September down 2% and October pacing flat to date.Shoulder season flights include 2-3x daily MTJ-DEN on United, 1x daily MTJ-DEN on Southwest, and 1x daily MTJ-DFW on American. At TEX, Denver Air will continue to fly DEN daily and PHX on Thu and Sun, with both United and American connectivity.

Thank you for taking the time to explore the latest updates on Telluride air and lodging options with Mountain Rose Realty. If you're as captivated by Telluride as we are, and you're considering making this stunning mountain paradise your home, Anne-Britt and our dedicated team at Mountain Rose Realty are here to help you navigate the Telluride real estate market.

With a wealth of experience and expertise in Telluride real estate, Anne-Britt specializes in finding the perfect Telluride homes for sale that match your unique preferences and lifestyle. Whether you're seeking a cozy mountain retreat or a luxurious year-round residence, we have a diverse portfolio of homes for sale in Telluride, CO, that cater to a variety of tastes and budgets.

Our commitment to providing top-tier service extends beyond the buying process. We're here to assist you with every aspect of your transition to life in Telluride, from finding the ideal property to connecting you with the best local resources for settling into your new home.

At Mountain Rose Realty, we understand that your home is more than just a place to live; it's the cornerstone of your Telluride experience. As you explore the natural beauty, outdoor adventures, and vibrant culture that Telluride has to offer, let us be your trusted partner in realizing your mountain dream.

Stay tuned for more insightful updates and information on Telluride real estate, lifestyle, and community. For personalized guidance and to explore the latest homes for sale in Telluride, don't hesitate to reach out to Anne-Britt and the Mountain Rose Realty team.

Make your Telluride dreams a reality with Mountain Rose Realty - your trusted source for Telluride real estate.

Website: www.mountainroserealty.co
Email: [email protected]

Thank you for reading, and we look forward to assisting you on your Telluride real estate journey!

Frequently Asked Questions

What is the current average nightly rate in Telluride as of late September 2023?: The average daily rate (ADR) is currently $339, down 25% compared to $452 during the same period in 2022. This represents a significant decrease in nightly pricing for the destination.
How are Telluride lodging occupancy levels trending compared to last year?: Total destination occupancy is 55%, up 20% year-over-year, while paid occupancy has increased 28% to 49%. However, Telluride town itself is 8% lower than 2022, while Mountain Village occupancy has surged 40%.
What does the winter booking outlook look like for Telluride?: Winter is pacing 24% ahead of last ski season overall, with December flat year-over-year and all other months ahead. March shows the strongest growth at 40% higher than last year, likely due to Easter and Semana Santa falling in late March.
What air service is available from Telluride (MTJ) in shoulder season?: Shoulder season flights include 2-3 daily United flights to Denver (DEN), one daily Southwest flight to Denver, and one daily American flight to Dallas-Fort Worth (DFW). Denver Air also operates from the Texas hub with daily DEN service and Thursday-Sunday PHX flights.
How have summer and fall flight bookings performed this year?: Overall summer bookings are up 8-10% following a mid-summer spike driven by heat in core markets, though September is down 2% and October is pacing flat to date.