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 and the Boulder Valley, Greeley topped the charts, with 83% occupancy at a rate of $116.31. 

Estes Park hotels followed closely at 82.2%, with a rate of $241.64.

Hotels in the U.S. Highway 36 corridor were 81.1% occupied in June and had an average daily rate of $161.64. 

Other communities in the region:

Fort Collins — 79.7% occupied at a rate of $156.65.

Boulder — Occupancy of 78.2% with an average daily rate of $236.64.

Longmont — 76.9% occupied at a rate of $159.99.

Loveland — 76.6% occupied at a rate of $150.64.

The community with the highest hotel occupancy in the state in June was Durango at 90.8% occupancy at an average daily rate of $195.73, according to the hotel association.

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…