Mountain Rose Realty — Telluride, Colorado
Telluride Lodging and Air Updates: December 12–18, 2024 — featured image

Telluride Lodging and Air Updates: December 12–18, 2024

By 2 min read
Real Estate Market Updates

Via Telluride Tourism Board

LODGING UPDATE


Total destination occupancy over the next two weeks is pacing 14% behind 2023. The variance from December 15 - 20 is most likely due to the YOY timing of holiday breaks, as vacations started earlier in 2023 with Christmas on a Monday compared to 2024 with the holiday falling on a Wednesday. 
 
The pace picks up on December 21, and the two-week holiday period is trending ahead of last year. Total occupancy is pacing 3% ahead YOY, paid occupancy is up by 4%, average daily rate (ADR) is 3% higher, and revenue per available room (RevPAR) is 7% higher than last year. Occupancy peaks on Monday, December 30, currently at 75%. 
 
The winter season has lost some traction over the past month, with total occupancy currently flat. The early season is pacing behind, and then picks up during the core months of February and March. December and January are both tracking 7% behind YOY, and February and March are pacing ahead by 1% and 3% respectively. The first week of April is showing a significant drop in pace due to the timing of Easter.

AIR UPDATE

 
Bookings have remained strong post-election and prior to Thanksgiving, with winter now pacing even to just up overall. The holidays are compressing into two weeks, with a softer 3rd week of Dec. this year. Please remember that from now through the 3rd week of January, minus the two holiday weeks, we see the largest booking weeks of the year for last minute holiday and then Presidents' Day to March. Please get the word out on our great opening! For specific flights, please hit Southern Cal with info on the new Breeze SNA-MTJ service, and nationwide for TEX flights.

Plan Your Telluride Getaway

As Telluride’s lodging and air travel trends shape up, this is the perfect time to plan your winter escape. With robust activity in the core winter months and enhanced flight options, the opportunities for adventure, relaxation, and unforgettable memories are endless.

For those considering a more permanent stay in this magical area, Anne-Britt Ostlund of Mountain Rose Realty is your trusted guide. Whether you’re looking to buy or sell, Anne-Britt’s expertise in Telluride real estate ensures your journey will be seamless and rewarding.

Don’t wait! Contact Anne-Britt today to explore Telluride homes for sale and learn more about the incredible opportunities awaiting you this winter.

Frequently Asked Questions

How is Telluride lodging occupancy tracking compared to last year during the December 15–20 period?
Occupancy for December 15–20 is pacing 14% behind 2023, primarily due to the timing difference of holiday breaks—Christmas fell on a Monday in 2023 versus a Wednesday in 2024, causing vacations to start earlier last year. However, the pace picks up significantly starting December 21, and the full two-week holiday period is trending ahead of last year overall.
What are the overall lodging metrics for Telluride heading into the holidays?
Total occupancy is 3% ahead year-over-year, paid occupancy is up 4%, average daily rate (ADR) is 3% higher, and revenue per available room (RevPAR) is 7% higher than last year. Peak occupancy is expected on Monday, December 30, at 75%.
How is the broader winter season performing in Telluride?
December and January are tracking 7% behind last year, while the core months of February and March are pacing ahead at 1% and 3% respectively. The early season has lost some traction over the past month with flat total occupancy, but momentum picks up during February and March.
What new air service is available to Telluride this winter?
Breeze Airways has launched new SNA-MTJ service from Southern California, and TEX flights are now available nationwide. These enhanced flight options support strong winter booking trends and offer more convenient access to Telluride.