Economy & Economic Development  September 19, 2019

Report: U.S 36 hotels most full in August, Estes Park most expensive

DENVER — The U.S. Highway 36 corridor replaced Greeley in August as the area with the highest hotel occupancy rate in the Boulder Valley and Northern Colorado.

Across the region, average daily room rates and occupancies dipped from July to August, according to the most recent Rocky Mountain Lodging Report by the Colorado Hotel and Lodging Association.

Along U.S. 36, hotel rooms were 87.6 percent full in August, and rooms were priced at an average of $139.54 night.

SPONSORED CONTENT

Solar Operations and Maintenance for Commercial Properties

One key qualification to consider when selecting a solar partner to install your system is whether they have an Operations and Maintenance (O&M) or service department. Since solar is a long-term asset with an expected lifecycle of 30 plus years, ongoing O&M should be considered up front. A trusted O&M partner will maximize your system’s energy output and therefor the return on your investment.

Boulder’s occupancy rate trailed slightly at 87.5 percent. The city’s $216.86 average per night price made Boulder hotels some of the most expensive in the region.

Loveland’s occupancy rate in August was 86.7 percent, and the average price for hotel rooms was $129.94 per night.

Greeley posted a monthly occupancy rate of 83 percent and an average daily rate of $115.62.

In Fort Collins, the August occupancy rate was 81.6 percent, and the average price for a room was $138.85 .

The most-expensive rooms in the region — $220.98 per night — were in Estes Park, which posted a July occupancy rate of 80.9 percent.

Longmont recorded an occupancy rate of 80.2 percent and average nightly rates of $132.53.

The statewide average hotel occupancy was 81.3 percent in August. Average prices were $167.13.

DENVER — The U.S. Highway 36 corridor replaced Greeley in August as the area with the highest hotel occupancy rate in the Boulder Valley and Northern Colorado.

Across the region, average daily room rates and occupancies dipped from July to August, according to the most recent Rocky Mountain Lodging Report by the Colorado Hotel and Lodging Association.

Along U.S. 36, hotel rooms were 87.6 percent full in August, and rooms were priced at an average of $139.54 night.

Boulder’s occupancy rate trailed slightly at 87.5 percent. The city’s $216.86 average per night price made Boulder hotels some of the most expensive in the…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Sign up for BizWest Daily Alerts