What is the current lodging occupancy rate in Telluride for late July 2024?

Total destination occupancy in Telluride is at 58%, up 4% year-over-year, while paid occupancy has risen to 48%, up 3% from last year. The average daily rate remains stable at $566.

Is Telluride expecting fewer visitors in September 2024?

Yes, September is currently showing weakness compared to last year, with total occupancy down 13% and paid occupancy down 23%. This is partly due to Labor Day and the Film Festival falling in August this year, as well as reduced wedding bookings.

What new airline service is coming to Telluride-Montrose Regional Airport?

Breeze Airways will launch service between Orange County Airport (SNA) in California and Telluride-Montrose Regional Airport (MTJ) starting this winter, operating five days a week from December through March, offering low-cost flights to Southern California destinations.

What are the summer flight booking trends for Telluride in July, August, and September 2024?

Late bookings are strengthening significantly, with July up 15%, August up 6%, and September holding steady. Overall summer destination traffic is projected to rise by 10–12%.

Telluride Air and Lodging: July 25 - 31

By Anne-Britt OstlundJuly 25, 20242 min read

Life @ Telluride

Via Telluride Tourism Board

Welcome to the latest update from Mountain Rose Realty, your trusted source for all things Telluride real estate. In this edition, we bring you the latest insights on Telluride's air and lodging landscape for the week of July 25 - 31. From the exciting new air services to the current trends in lodging occupancy, we've got you covered. Whether you're a visitor planning your next trip or a potential homeowner searching for Telluride homes for sale, Anne-Britt Ostlund and our dedicated team are here to provide you with the most up-to-date information to help you make informed decisions. Dive in to learn more about what's happening in Telluride!

Lodging Update

Telluride Air and Lodging: July 25 - 31 — photo 1

Telluride Air and Lodging: July 25 - 31 — photo 2
As we move into the latter part of July, the lodging sector in Telluride is showing promising trends. The upcoming two weeks have surpassed expectations, outpacing last year's figures. The total destination occupancy, which includes both paid and owner-occupied lodging, has increased by 4% year-over-year (YOY), now standing at 58%. Paid occupancy has also risen by 3% to 48%, with the average daily rate (ADR) remaining stable at $566.

The slight increase in late July visitation has led to overall and paid occupancy levels aligning closely with July 2023 at 63%. Looking ahead, August is showing a 2% increase in total occupancy compared to last year, though paid occupancy has dipped by 1%. September, however, is currently trailing behind last year's numbers, with total occupancy down by 13% and paid occupancy down by 23%. This decline is partly due to key dates for Labor Day and the Film Festival falling in August this year, as well as a reduction in wedding bookings.

To address the September dip, lodgers might consider offering special promotions or booking incentives to boost occupancy rates. Given the dynamic nature of summer bookings and the shorter booking windows compared to winter, it's crucial to stay informed with the latest lodging forecasts provided in the weekly Peak Sheet to ensure your business remains well-prepared.

New Air Service Announced

Exciting news for travelers: the Colorado Flights Alliance has announced new air service to the Telluride-Montrose Regional Airport (MTJ) with Breeze Airways. Starting this winter, Breeze Airways will offer flights between John Wayne - Orange County Airport (SNA) and MTJ. Breeze is known for its premium leisure, low-cost flights, connecting 58 U.S. destinations with convenient point-to-point service.

Air Update

Telluride Air and Lodging: July 25 - 31 — photo 4
Late bookings continue to strengthen, with July now seeing a 15% increase, August up by 6%, and September holding steady. Increased local usage of the additional Denver flights has slightly impacted tourism numbers. Overall, summer destination traffic is projected to rise by 10-12%. Winter flight schedules are now available, including the new route from Orange County (SNA) to MTJ with Breeze Airways, operating from December to March, five days a week. Make sure to inform your Southern California contacts and start planning your winter getaways to LA, Disney, or San Diego now!

Outro

Stay connected with Mountain Rose Realty and Anne-Britt Ostlund for the latest updates on Telluride real estate and local events. Whether you're interested in Telluride homes for sale or looking for the best deals on Telluride lodging, our team is here to help you make the most of your Telluride experience.

Frequently Asked Questions

What is the current lodging occupancy rate in Telluride for late July 2024?: Total destination occupancy in Telluride is at 58%, up 4% year-over-year, while paid occupancy has risen to 48%, up 3% from last year. The average daily rate remains stable at $566.
Is Telluride expecting fewer visitors in September 2024?: Yes, September is currently showing weakness compared to last year, with total occupancy down 13% and paid occupancy down 23%. This is partly due to Labor Day and the Film Festival falling in August this year, as well as reduced wedding bookings.
What new airline service is coming to Telluride-Montrose Regional Airport?: Breeze Airways will launch service between Orange County Airport (SNA) in California and Telluride-Montrose Regional Airport (MTJ) starting this winter, operating five days a week from December through March, offering low-cost flights to Southern California destinations.
What are the summer flight booking trends for Telluride in July, August, and September 2024?: Late bookings are strengthening significantly, with July up 15%, August up 6%, and September holding steady. Overall summer destination traffic is projected to rise by 10–12%.