Breck on track for strong summer business

Summer in Breckenridge is off to a potentially record-breaking start for lodging and property-management companies, with visitors flocking to parades, taking to trails, filling lodging rooms and clogging Interstate 70.

According to a Breckenridge Tourism Office report from May 31, bookings for June through November showed a 19-percent gain over 2014.

That increase represents up to 22 properties or property management companies or more than 60 percent of the town, said Rachel Zerowin, BTO public relations director.

The summer gain isn’t a fluke event, she said, as summer bookings have trended upward over the last few years.

AN EARLY START

Zerowin credited a few factors with this year’s jump, including early marketing and a rise in group business.

“Summer marketing started earlier than ever this year,” she said, with the BTO targeting summer visitors as early as February and March.

Occupancy in June, a historically slow month as Summit County waits for mud to dry, showed a slight gain in bookings over 2014, she said, likely because of large increases during the weekend of the Spartan Race.

The obstacle-race event on June 13 brought 20 percent or more increases in occupancy over that weekend compared to last year, and Zerowin said she was excited to see how that event impacted Breckenridge tax revenue.

Local lodging leaders said the town’s first Spartan Race drew more people than the ninth annual Kingdom Days historical celebration the following weekend.

“That race was over 5,000 participants, and then you add on a person or a person and a half on average per entry,” said Bruce Horii, director of marketing and sales for Beaver Run Resort and Conference Center. “We were full, at least for a couple of the nights surrounding that.”

Group bookings, driven by conferences, meetings, family reunions and similar events, has grown in 2015.

Beaver Run is already up 12 to 13 percent in summer conference and event business over 2014, with plenty of booking time to go, Horii said, which he attributed to improved economic conditions encouraging companies to spend more on travel.

“There’s some pent-up demand to get to the mountains,” he said. “It’s going to be a fairly-active summer, businesswise.”

Horii said Beaver Run’s strategy for the rest of the summer and fall is to book as many conferences and large groups as possible during the week and then draw visitors with events like Oktoberfest in September on the weekends.

He hopes people will embrace Breckenridge and Summit County as a home base during the USA Pro Challenge cycling race in late August. READ MORE




Other News

December 2022 Newsletter Summit County real estate roundup: October sales slow down for winter season NOVEMBER 2016 NEWSLETTER Shorter shoulder season in Summit boosts sales tax revenue in September OCTOBER 2016 NEWSLETTER September 2016 Market Stats Summit County real estate roundup: September sales continue trend of rising prices Dillon Valley the hot market in Summit County condo sales Density of Frisco townhome development faces resistance What is “high plateau” and what does it mean for the Denver housing market? Record Eisenhower Tunnel visits come with benefits, concerns National Association of Realtors economist looks at the future of real estate in Summit New construction drives Summit County sales tax revenues in April Buyer's Resource Newsletter- June 2016 The 3 biggest challenges that homebuyers face in 2016 Home Buyers: Don’t Wait Forever for The One New to the Neighborhood Slopeside Breckenridge townhomes top February real estate sales Exclusive Buyers Agents Predict Challenges for Buyers in 2016 Summit County real estate sees fewer sales for higher dollars in January Buyer's Resource Newsletter- May 2016 Summit County real estate sales end 2015 on a high note Buyer's Resource Newsletter- March 2016 Powder Paradise...if you can afford the price Buyer's Resource Newsletter- February 2016 Metro Denver housing remains constrained and combustible Summit County real estate sales top $157 million for October Urban Renewal in the Rockies: Silverthorne seals the deal on new developments USA Pro Challenge Returns to Summit County Summit County real estate round-up: August property sales top $119 million Local property owner sells Silverthorne lot for $7.25 million Buyer's Resource Newsletter- September 2015 Real estate sales reach $114.5M thanks to good summer market Buyer's Resource Newsletter- July 2015 Breck on track for strong summer business Buyer's Resource Newsletter- June 2015 Breckenridge's infrastructure, cultural improvements Buyer's Resource Newsletter- May 2015 Buyer's Resource Newsletter- April 2015 Homebuyer Mistakes: 7 to Avoid Making Home-Buying 101 – How to Pick the Right Pros Fannie, Freddie, MBA economists predict interest rate hike in 2015 Summit County lodges break all-time revenue records as economy continues to recover Colorado BBQ Challenge brings Kansas City flavor to the Colorado Rockies Final Shock Hill plot in luxury Breckenridge neighborhood sells for $10.25 million Summit County real estate market notches $75M in April on strength of luxury home sales Summit assessor releases values for all county properties May 1 Summit County affordable housing hit hard by recalculated income index Main Street Station property in Breckenridge sells for $5.6M Denver firm buys Blue River Apartments in Silverthorne for $9.2 million 17 Coolest Towns in America Summit County retail sales edging back to pre-Recession levels $3 million Dercum's Dash home becomes priciest Keystone sale since 2007 Summit County real estate sales reach $83 million in March Colorado home prices rising at fastest rate in country Buyer's Resource Newsletter- February 2015 The Fed’s getting closer to raising rates. How much is up in the air Freddie's 3% Down Payments Start Next Week Denver buyers up their game to be last bidder standing in real estate deals Hot tubs are hot commodities for rentals, homeowners in Summit County 10 reasons the housing market could go ballistic this spring Summit County real esate deals in February top $50 million THE 20 COOLEST TOWNS IN THE US Silverthorne delays approval of contested Maryland Creek Ranch parcel Breckenridge and other mountain towns learn to regulate short-term rentals Summit County welcomes newest craft beer hot spot, The Bakers’ Brewery Summit County real estate sales top $61.7 million in January Can The FHA Fix The First-Time Buyer Gap? $12 million Home Depot land purchase in Silverthorne the year’s biggest real estate deal Will Recreational Marijuana Affect Real Estate? 2014 Market Analysis NAHB: Signs Point to a Robust Year for Housing Uber car service expands to Breckenridge, Vail, Aspen The top-selling new-home neighborhoods and builders in markets most likely to succeed in 2015. Generation Y Prefers Suburban Home Over City Condo Buyer's Resource Newsletter- November 2014 Buyer's Resource Newsletter- July 2014