Economy & Economic Development  June 19, 2023

Hotel occupancy ticks up in much of state in May

Editor’s note: This report was corrected to reflect year to date numbers.

Seasonal trends have taken hold of the hospitality industry with hotel occupancy following the typical pattern for May.

Ski resort communities are seeing occupancy levels dip into the 30% range while the rest of the state has started to see occupancy tick up.

That’s according to the most recent report from the Rocky Mountain Lodging Report, issued by Colorado Hotel and Lodging Association. 

Statewide, hotel occupancy was up from 66.3% in May 2022 to 68.2% this year. The May average daily rate statewide was $164.32, compared with $157.76 a year ago.

For the…

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