April 18, 2022

Hotel occupancy continues upward climb; Greeley tops the list

Hotels in Colorado continue their upward climb, both seasonally and as they recover from the past two pandemic years.

Statewide, March occupancy was at 63.7%, up from 51.3% in March last year. Year to date, occupancy statewide was 58.4%, up from 43.3% a year prior, according to information provided by the Colorado Hotel and Lodging Association.

In Northern Colorado and the Boulder Valley, Greeley hotels continued to top the charts at 70.8% occupancy for the month of March, with an average daily rate of $97.31. 

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That was followed by Loveland hotels, with 65.1% occupancy and average daily rate of $113.49.

Longmont hotel rooms were 63.6% occupied during the month of March at a $100.29 average rate.

Boulder hotel rooms, at the highest average daily rate of any community in the region at $153.05, saw an occupancy of 62.7%. 

Rooms in Fort Collins were occupied 55% of the time at an average rate of $109.88. 

The U.S. Highway 36 corridor saw a 53.7% occupancy and an average daily rate of $120.05.

Finally, Estes Park, which typically will see greater tourism impact than other communities in the region, saw just 35.3% occupancy for March but still maintained a high average room rate of $147.96.

Hotels in Colorado continue their upward climb, both seasonally and as they recover from the past two pandemic years.

Statewide, March occupancy was at 63.7%, up from 51.3% in March last year. Year to date, occupancy statewide was 58.4%, up from 43.3% a year prior, according to information provided by the Colorado Hotel and Lodging Association.

In Northern Colorado and the Boulder Valley, Greeley hotels continued to top the charts at 70.8% occupancy for the month of March, with an average daily rate of $97.31. 

That was followed by Loveland hotels, with 65.1% occupancy and average daily rate of $113.49.

Longmont hotel rooms were…

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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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