2015 marked a booming year for the hotel industry in Denver, Colorado. An extremely popular tourist attraction for its foodie cuisine, great shopping, and amazing ski sites, Denver hotels are not amateurs when it comes to hundreds and thousands of guests each year; however, in 2015 the overall Denver occupancy was 75.3 percent; in 2015, the rate rose to 75.7 percent, according to national industry analyst STR Inc.
A report by STR illustrates that the average occupancy rate for the 25 largest U.S. markets was 73.6 percent, making Denver clearly average and doing exceedingly well. The average percentage for non-major markets was 65.6 percent.
The Denver movers at All My Sons Moving & Storage heard numerous residents commenting on the rising hotel room rates, due to the large demand. The Denver average daily rate (ADR) rose from $112.43 to $120.78. The revenue per room rose roughly $7, from $84.69 in 2014 to $91.41 in 2015.
If you are moving to Denver and will be needing to stay in a hotel temporarily, local Denver moving companies and residents suggest that you book in advance so that you receive the best possible rate. You can also shop online and compare prices in order to find the best competitive rates in Denver.
Top rated hotels in Denver are:
Hyatt Regency Denver at Colorado Convention Center
The Oxford Hotel
Warwick Denver Hotel
Doubletree by Hilton Hotel Denver
Four Seasons Hotel Denver
The Crawford Hotel
Magnolia Hotel Denver
As Denver hotels say farewell to an amazing 2015, they are excited to see what 2016 has to offer, as tourism doesn’t seem to be slowing and the area is continuously booming.