Hotel occupancy continues to climb; Greeley tops the list – Greeley Tribune

Colorado hotels continue their ascent, both seasonally and as they recover from the past two pandemic years.

Statewide, the occupancy rate in March was 63.7%, down from 51.3% in March of last year. Year-to-date, statewide occupancy was 58.4%, down from 43.3% the previous year, according to information provided by the Colorado Hotel and Lodging Association.

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

This is followed by hotels in Loveland, with 65.1% occupancy and an average daily rate of $113.49.

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

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

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

The US Highway 36 corridor experienced a occupancy rate of 53.7% and an average daily rate of $120.05.

Finally, Estes Park, which will generally experience a greater tourism impact than other communities in the region, only recorded an occupancy rate of 35.3% in March, but still maintained a high average rate. from $147.96.

This article was first published by BizWest, an independent news agency, and is published under a license agreement. © 2022 BizWestMedia LLC.

Comments are closed.