Snowmass sales down in April, winter slightly up
Collections from Snowmass Village’s 1 percent sales tax totaled $59,008 in April, a 13.2 percent drop from the same month last year, according to a report by the town’s Finance Department.
With closing day of ski season during April — this year it was April 20 — businesses typically see fewer customers that month. While sales tax collections were still higher than the same month in 2012, they couldn’t beat April 2013, when lodges were more full than usual thanks to the Mountain Travel Symposium.
Without that event, which takes place in a different resort every year, tourism officials said earlier this winter that they expected occupancy to drop in April, which it did, by 6.5 percent. According to a report by DestiMetrics, a company that tracks resort activity, the average daily rate that Snowmass lodges charged was also down, by 4.9 percent.
Industries that saw increased revenue in April were sports equipment and clothing by 37.7 percent and utilities by 4.7 percent. Business categories that saw decreases were lodging by 1.8 percent; restaurants by 10.6 percent; food, drug and liquor by 55.3 percent; general retail by 39.1 percent; and miscellaneous by 92.8 percent.
The Finance Department divides collections into industry categories in its sales tax report. It does not report the sales of individual businesses.
In spite of the drop in April, sales tax collections for the winter rose slightly — by 2.8 percent — from revenue in the 2012-13 ski season. Last year was the first winter season in which revenue surpassed pre-recession levels, according to the sales tax report.
Collections from the lodging tax dropped by 4.5 percent in April. The real estate transfer tax fund saw an increase of 5.1 percent in revenue.
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Kenichi will open its third location in Snowmass Base Village in summer 2021, with the proposed space being remodeled this winter.