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February 25, 2008

Aspen, Snowmass lodging occupancy close to 2007 figures

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ASPEN - Hoteliers, retailers and restaurateurs in Aspen and Snowmass Village can expect business to be about the same in March as it was last year, according to the latest occupancy report.

Business also was about on par with last season in February, said the report from the resort associations of Aspen and Snowmass Village.

for more information, visit www.stayaspensnowmass.com

Bookings for Aspen's lodging industry were running slightly behind last year's pace for February and slightly ahead in March.

The outlook was reversed for Snowmass Village's lodging industry, with bookings higher than last year in February but lagging behind in March, the report showed.
The report was based on a survey of lodging properties. It reflected the booking status as of Feb. 15.

In Snowmass, business on the books by mid-month indicated the occupancy level would be 76 percent for February. That matches the actually occupancy from February 2007.

Advanced bookings as of Feb. 15 would produce an occupancy of 66 percent in Snowmass in March. At the same point last season, advanced reservations produced an occupancy of 69 percent.

In Aspen, February business is close to matching last year's level. Reservations on the books as of Feb. 15 would produce an 82 percent occupancy, compared to an actual occupancy of 84 percent last year.

For March, advanced bookings in Aspen are running slightly ahead of last year's pace. Reservations on the books as of Feb. 15 would produce an occupancy of 72 percent compared to 70 percent at the same time last year. Actually occupancy for March 2007 ended up at 83 percent.

The occupancy report is sponsored by the Aspen Chamber Resort Association and Snowmass Village Resort Association as well as the Aspen Skiing Co. and Stay Aspen Snowmass, a central booking agency.

Skico officials have expressed optimism about the outlook for the last third of the season. David Perry, Skico's senior vice president, said earlier this week that Aspen and Snowmass are poised for at least as good of season as last winter.

For more information, visit us at www.stayaspensnowmass.com

Posted by Dina at February 25, 2008 12:44 PM

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