Steamboat Springs Economic Summit 2010 The Changing Tourism Environment. RRC Associates, an STR Company May 20, 2010. Outline. Sales Tax Revenue Hotel Occupancy/Rate MTRiP Travel Intentions Steamboat Summer Ski Resort Industry Observations. Sales and Lodging Tax.
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Steamboat Springs Economic Summit 2010
The Changing Tourism Environment
RRC Associates, an STR Company
May 20, 2010
Most recent data shows US hotel occupancy rising, ADR following
For past 12 months, all US indicators down
2009 generally worse for resort hotels, but over past 12 months, indicators were less down for resort hotels than for total US
Demand and occupancy were up in first three months of 2010 for resort hotels. Rates and RevPAR still negative, but improving.
Resort hotels down similar to other location segments
Resort hotel performance mixed compared to other segments over past 3 months
Travel Intentions Survey
Outlook on Business
Anticipated Leisure Travel Spending
Household Income of Travelers
Spending on Leisure Travel in Past 12 Months
Total ACTIVE Domestic Skiers/Snowboarders:1997/1998 to 2008/2009
an STR Company