How did Telluride Film Festival weekend occupancy perform compared to last year?

Film Festival weekend saw strong year-over-year growth, with 10% growth in total occupancy and 12% growth in paid occupancy. Occupancy peaked at 78% on Friday and Saturday, tapering to 60% by Monday, while Mountain Village experienced particularly robust 25% YOY growth.

How are Telluride and Mountain Village lodging bookings trending for winter?

Winter bookings are showing mixed results: Mountain Village total occupancy is pacing 17% ahead of 2022, while Telluride is 13% behind. Overall winter occupancy is running 6% ahead year-over-year, with March showing the strongest growth at 26% YOY.

What is happening with summer and fall air travel to Telluride?

Summer bookings are pacing up about 10% overall, with July and August up around 15%, but September and October are currently flat year-over-year. Winter air schedules are still going through final adjustments, with early bookings described as fairly soft at this stage.

What is the average daily rate for lodging in Telluride for the remaining summer and fall weeks?

The average daily rate (ADR) for the remaining summer and fall weeks is $591, which is 1% lower than 2022, while total occupancy is down 2% compared to last year.

Telluride Air and Lodging Update: Sept 1 - 7

By Anne-Britt OstlundSeptember 3, 20232 min read

Life @ Telluride

Via Telluride Tourism Board

LODGING UPDATE

Film Festival weekend occupancy has increased YOY, with 10% growth in total (paid & owner) occupancy and a 12% increase in paid occupancy. Visitation peaks on Friday and Saturday at 78% total occupancy and tapers off to 60% on Monday. Mountain Village is seeing 25% YOY growth, and Telluride properties are experiencing a 3% increase compared to Film Fest 2022.

The remaining weeks of the summer/fall season are pacing slightly behind 2022, with a 2% dip in total occupancy and average daily rate (ADR) 1% lower at $591.

Looking ahead to winter, total occupancy is pacing 6% ahead YOY and paid occupancy is flat. March is showing the most growth, currently 26% YOY at 22% total occupancy. Mountain Village total occupancy is pacing 17% ahead of 2022 bookings, and Telluride is 13% behind.

AIR UPDATE

Summer bookings have continued to level off to yearly averages over the last several weeks, with summer still pacing up about 10% overall. While July and August finished up around 15%, due in large part to late fill from sustained high heat in our core markets, September and October are currently pacing flat YOY. The winter schedule is going through final adjustments, and very early bookings are fairly soft at this stage.

Thank you for joining us in exploring the latest updates on Telluride air and lodging options. At Mountain Rose Realty, we're dedicated to keeping you informed about all aspects of Telluride, including its real estate market. If you're considering making Telluride your home or looking for Telluride homes for sale, our experienced team, led by Anne-Britt, is here to assist you.

As you plan your visit to this picturesque mountain town, remember that Telluride offers not only breathtaking landscapes but also a diverse selection of properties. From cozy cabins to luxurious estates, Telluride real estate has something to offer for everyone.

At Mountain Rose Realty, we take pride in our local expertise and personalized service. Our goal is to make your Telluride real estate journey as smooth as possible, ensuring you find the perfect home for your needs.

For the latest listings and insights into the Telluride real estate market, don't hesitate to reach out to Anne-Britt and our team at Mountain Rose Realty. We're here to help you find the home of your dreams in Telluride, Colorado.

Stay tuned for more updates on Telluride's real estate market, lifestyle, and all things mountain living. Your adventure in Telluride begins with us.

Frequently Asked Questions

How did Telluride Film Festival weekend occupancy perform compared to last year?: Film Festival weekend saw strong year-over-year growth, with 10% growth in total occupancy and 12% growth in paid occupancy. Occupancy peaked at 78% on Friday and Saturday, tapering to 60% by Monday, while Mountain Village experienced particularly robust 25% YOY growth.
How are Telluride and Mountain Village lodging bookings trending for winter?: Winter bookings are showing mixed results: Mountain Village total occupancy is pacing 17% ahead of 2022, while Telluride is 13% behind. Overall winter occupancy is running 6% ahead year-over-year, with March showing the strongest growth at 26% YOY.
What is happening with summer and fall air travel to Telluride?: Summer bookings are pacing up about 10% overall, with July and August up around 15%, but September and October are currently flat year-over-year. Winter air schedules are still going through final adjustments, with early bookings described as fairly soft at this stage.
What is the average daily rate for lodging in Telluride for the remaining summer and fall weeks?: The average daily rate (ADR) for the remaining summer and fall weeks is $591, which is 1% lower than 2022, while total occupancy is down 2% compared to last year.