“After a shaky start to the winter season, the new year brought better weather conditions and increasingly positive economic conditions simultaneously—a combination we haven’t enjoyed for several years,” observed Ralf Garrison, director of MTRiP.
As of April 30, advance reservations currently on-the-books for the next six months, May through October, are up an aggregated 8.4 percent compared to the same time last year and overall revenues are trending up 13.9 percent. Increases in bookings are up in all summer months including the historically slow month of May, up 9.9 percent over last year.
“Currently, some of the more established summer destinations are now surpassing the all time records set last year during pre-recession times,” said Garrison.
*Data is derived from a sample of approximately 260 property management companies in 17 mountain destination communities, representing 24,000 rooms across Colorado, Utah, California, Nevada, and Oregon and may not reflect the entire mountain destination travel industry. Results may vary significantly among/between resorts and participating properties.