Western lodging bookings made in February for the remainder of the winter season and into the first months of summer were up 8.9 percent compared to the same time last year and allowed western mountain destinations to withstand the triple challenge of a volatile economy, slipping consumer confidence, and balmy mid-winter weather.
Overall business at mountain destinations in the Rocky Mountain and Far West regions received a boost for winter bookings during January lifted by local and regional visitors according to the most recent Mountain Market Briefing by Denver-based DestiMetrics.
Winter bookings edged up slightly in December boosted by strong snowfall in both the Rocky Mountain and Far West regions—despite growing instability in economic news during the month.
After nearly three years of strong, consistent monthly year-over-year increases in bookings and revenue at western mountain resorts, early booking patterns for the 2015-16 winter are neither strong nor consistent so far this season.
Winter season booking pace, occupancy, and revenues at western mountain communities reversed directions during October and regained some ground according to the most recent results released yesterday by DestiMetrics.
Booking momentum into the winter months is pacing slower for the first time in more than three years, even though robust occupancy and revenue figures for September contributed to the third consecutive record-breaking summer at western mountain resorts.
Summer lodging occupancy for the months of May through October is up an aggregated eight percent and revenue is up 14 percent compared to the summer of 2014. Data is collected by DestiMetrics in its monthly Briefing from lodging properties at 19 western mountain destination resorts in six states.
Summer occupancies and revenues at mountain resorts in the West are continuing winter’s momentum according to the most recent data released by DestiMetrics, a resort travel research organization that tracks reservation and occupancy for participating resorts.
Combined revenue figures for Rocky Mountain (Colorado, Utah and Wyoming) and Far West (California, Nevada and Oregon) mountain resorts were up 11.2 percent over last season and set an all-time revenue record that exceeded the previous record set in the 2007-08 ski season.
A strong and steady economy combined with "snow equity" allowed the 2014-15 ski and snowboard season to post double digit increases in revenue for the third straight winter with summer tracking similarly in the Rocky Mountain and Far West regions.
The most recent results for western mountain lodging properties at 19 resort areas in six western states revealed that as of Feb. 28, aggregated revenues collected and on-the-books for the season reached 104.5 percent of last season’s overall total. Data is reported in the monthly Market Briefing that is compiled and distributed by DestiMetrics.
Aggregated mountain lodging revenues at participating western mountain destinations are moving into record-setting territory based on booking patterns and economic indicators for the 2014-15 winter season, according to the monthly Market Briefing, by DestiMetrics.
In what has become a happily familiar refrain, aggregated lodging occupancy and revenue figures for the 2014-15 ski and snowboard season continue their upward trajectory at 19 mountain resorts in six western states.
Despite mild fall temperatures until the past week and considerable economic volatility, “on-the-books” occupancy for the upcoming six-month winter season (November through April) is currently running ahead of the same time last season.
The record-breaking summer for both occupancy and revenue among western mountain resorts is concluding and the positive momentum is carrying into the winter booking season according to DestiMetrics,* an organization that tracks mountain lodging bookings at 19 western mountain resorts in six states.
Aggregated occupancy and revenue at Western mountain resorts for the month of June are continuing to post steady increases in year-over-year comparison to the same period as last year.
Lodges throughout the country have posted a 10.4 percent increase in revenue this winter, according to the just released monthly data report released by DestiMetrics. Western resorts have already eclipsed last year’s total overall revenues.
A “halftime report” from DestiMetrics is showing an overall 4.7 percent increase in occupancy compared to last year and 10 percent increase in revenue moving into the second half of the season. Company officials credit the jump to divergent weather patterns in the east and west and continued good economic news.
The upward trend of in occupancy and revenue experienced so far this season by western lodges looks to be carrying into the rest of the season, according to the monthly Mountain Market Briefing from DestiMetrics.
Summer was certainly good. But, winter looks really, really good according the monthly report issued this week by DestiMetrics. Western U.S. lodges are in a position to post record breaking numbers.
