Telluride Lodging and Air Update: January 19 - 25

Via Telluride Tourism Board

GROUP FORECAST LODGING UPDATE Total destination occupancy pace for the next two weeks is 9% lower YOY at 49%, and average daily rate (ADR) has increased by 2% at $673. The largest gaps occur from January 28 – 30, with an average 24% decrease in occupancy. Pace starts picking up on January 31, with YOY increases to kick-off February.     Occupancy for the remaining winter months is 4% behind last year, and ADR is 2% ahead. January is 9% behind YOY, February occupancy is pacing 5% lower, and March is 1% ahead. April occupancy is significantly higher due to the ski resort staying open through April 7 (2023 Closing Day was April 2).     AIR UPDATE With the late holiday and early MLK pattern, the spring booking surge is just picking up now and will run for the coming couple weeks – please get the word out! Overall winter pace is down 3-5% YOY, with January down about the same, and Feb and Mar pacing 5-7% behind. Baseline summer flights are loaded and live now, with any additions upcoming.

Thank you for staying updated on the latest happenings in Telluride through our weekly updates. As we navigate the dynamic landscape of destination trends, we bring you insights that matter. Before you go, let's take a moment to explore the exciting real estate opportunities in this picturesque mountain town.

If you've fallen in love with the charm of Telluride and are considering making it your permanent home or investing in real estate, Mountain Rose Realty is here to guide you through the process. With a deep understanding of Telluride's real estate market, we specialize in finding the perfect homes for our clients.

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As you plan your future in Telluride, remember that Mountain Rose Realty is your trusted partner in real estate. Stay tuned for more updates on the local real estate market and exciting opportunities in Telluride. Whether you're looking for a primary residence, vacation home, or investment property, we are here to turn your real estate dreams into reality.

For more information on Telluride Real Estate and available homes for sale, visit Mountain Rose Realty today. Your dream home in Telluride awaits!