Winter’s woeful start showed up on the December balance sheets of mountain resorts across the West.
Lodging businesses tracked by Vermont-based Inntopia took in 3.5 percent less revenue last month than they did in December 2016. Although the average nightly rate was up 1 percent over the previous year, a 4.4 percent drop in year-over-year occupancy drove the decline, said Inntopia vice president Tom Foley.
A dip was anticipated. With Christmas falling on a Monday, many schools stayed in session until the prior Friday, limiting pre-Christmas arrivals. But nature made matters worse.
“Low snowfall added to the challenge, but right now, a strong and loyal consumer base — coupled with favorable economic conditions — is helping lodging properties maintain room rates,” Foley said.