DENVER’S HOTEL OCCUPANCY RATE DOWN SLIGHTLY

Denver saw its hotel occupancy rates for the year dip slightly in September compared to 2017, but the Mile High City is still at or near the top in many categories in the Rocky Mountain Lodging Report from the Colorado Hotel and Lodging Association.

Denver’s occupancy rate is at 76.7 percent for the year, which was second to Loveland and just ahead of Greeley, according to the Loveland ReporterHerald’s story on the lodging report.

In September 2017, Denver’s occupancy rate for the year was 77.9 percent, which was tops in the state.

Through September of this year, revenue per available room, a key hospitality industry metric, was on average $178.69 for Colorado’s resort towns, which were led by Aspen’s $354.61, and $112.12 for Denver, the ReporterHerald’s story said.

In comparison in northern Colorado, September yeartodate revenue per available room was $176.47 in Estes Park, $104.32 in Fort Collins, $95.44 in Longmont and $90.77 in Greeley. The state average was $120.98.