March occupancy numbers decline | AspenTimes.com
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March occupancy numbers decline

Aspen Times Staff Report

Fresh on the heels of a report about a decrease in Aspen’s retail sales in February comes a report that shows occupancy in March also bombed.

Tourist accommodations in March experienced a 7 percent decline in occupancy, according to a report released Thursday by the Aspen Chamber Resort Association.

Total occupancy for the month was 78 percent, according to the ACRA. That’s down from 85 percent for the month the year before.

Occupancy for condominium and property management firms sagged from 87 to 82 percent, the report showed. ACRA’s survey showed that occupancy dropped about 4 percent for both deluxe-priced and moderately priced lodges. No figure was available for economy-priced properties.

A report released earlier in the week showed retail sales in Aspen were down about 5.7 percent for February. Sales by tourist accommodations were off even more sharply, at 7.2 percent.


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