What is the current occupancy rate in Telluride for early June 2023?

Early June 2023 is pacing at 42.8% occupancy, down 5% from the same period last year. The largest occupancy gaps occur in the first week of June, with occupancy picking up starting June 13 due to the Bluegrass festival timing.

How have hotel rates in Telluride changed compared to last summer?

The average daily rate (ADR) for the next two weeks is $561, up 14% from last summer. For the full summer season, ADR is averaging $617, which is down 3% year-over-year.

What is the difference in summer lodging performance between Mountain Village and Town of Telluride?

Mountain Village is performing ahead with 12% higher occupancy than 2022 and an ADR of $589 (down 7% YOY), while the Town of Telluride is pacing 3% behind last summer with an ADR of $650 (up 4% from 2022).

How is summer air traffic looking for Telluride in 2023?

Overall summer air passenger pace is about even with last year. June is up approximately 13%, July and August are up about 4%, while September is down 7% compared to 2022.

Telluride Lodging and Air Update June 2023

By Anne-Britt OstlundJune 6, 20231 min read

Life @ Telluride

Via Telluride.com

The next two-weeks are pacing slightly behind last summer, with total occupancy down by 5% at 42.8%, while average daily rate has increased by 14% at $561. The largest occupancy gaps occur the first week of June, and then pick up starting on June 13 due to the timing of Bluegrass this year (in 2022, the festival took place from June 17-19).

For the summer, destination total occupancy has increased by 5% YOY, currently at 36%, and average daily rate (ADR) has decreased by 3% at $617. Mountain Village total occupancy is pacing 12% ahead of 2022, and average daily rate (ADR) has decreased by 7% YOY at $589. Town of Telluride total occupancy is pacing 3% behind last summer, with ADR 4% ahead of 2022 at $650.

With summer booking windows shorter than the winter months, lodging metrics can change quickly. Stay tuned to the weekly Peak Sheet for up-to-date lodging forecasts to ensure your business is properly prepared!

Telluride Lodging and Air Update June 2023 — photo 1

Telluride Lodging and Air Update June 2023 — photo 2

AIR UPDATE

After a couple months of slower bookings, the last several weeks have gained on last year, and overall summer pace is now about even for destination air passengers. June is up around 13%, July and August about 4%, and September down 7%. To note, next winter’s baseline schedule is loaded and live, although we do expect some changes to come. Summer schedules and maps are available at www.coloradoflights.org/summer.

If you’re thinking about selling your house, connect with a real estate advisor who can share the expert insights you need to make the best possible move today. Anne-Britt of Mountain Rose Realty is the best real estate consultant in Telluride, Colorado and she can help you get your property sold quickly and at a fair price. With her local knowledge and years of experience, Anne-Britt will guide you through every step of the process, from pricing to marketing to closing.

Frequently Asked Questions

What is the current occupancy rate in Telluride for early June 2023?: Early June 2023 is pacing at 42.8% occupancy, down 5% from the same period last year. The largest occupancy gaps occur in the first week of June, with occupancy picking up starting June 13 due to the Bluegrass festival timing.
How have hotel rates in Telluride changed compared to last summer?: The average daily rate (ADR) for the next two weeks is $561, up 14% from last summer. For the full summer season, ADR is averaging $617, which is down 3% year-over-year.
What is the difference in summer lodging performance between Mountain Village and Town of Telluride?: Mountain Village is performing ahead with 12% higher occupancy than 2022 and an ADR of $589 (down 7% YOY), while the Town of Telluride is pacing 3% behind last summer with an ADR of $650 (up 4% from 2022).
How is summer air traffic looking for Telluride in 2023?: Overall summer air passenger pace is about even with last year. June is up approximately 13%, July and August are up about 4%, while September is down 7% compared to 2022.