Economy & Economic Development  July 18, 2022

State hotels hit seasonal highs a month earlier than year ago

Colorado hotels are hitting seasonal highs a month earlier than a year ago in both occupancy and rate.

The June Rocky Mountain Lodging Report, compiled by the Colorado Hotel and Lodging Association, showed both occupancy and rate to be well above 2021 numbers for June and more closely aligned with those statistics for July last year.

Statewide, 77.4% of hotel rooms were booked during June at an average daily rate of $189.55. That’s up from 70.2% in June 2021 and an average daily rate of $155.73. In July 2021, occupancy was at 77.2% with an average daily rate of $185.05.

In Northern Colorado…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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