Did You Know? Breckenridge Tourism Numbers Point To Economic Recovery
Recent indicators in ski resort, lodging and local business numbers suggest Breckenridge and Summit County tourism may be recovering in today’s economy, according to a recent Summit Daily News article. Growth in lodging occupancy, retail and restaurant sales tax revenue increases, an outstanding month of December and better than average snowfall have contributed to a successful ski season thus far. Lodging occupancy in Breckenridge jumped 7 percent in 2010, according to Mountain Travel Research Program (MTRiP) and as of March 3, winter season bookings were pacing 4 percent ahead of last year. Restaurant and retail sales tax revenue increased nearly 7 percent. This was the first increase seen in tax revenue in 2 years for these lines of business. December has been cited as the best month in 10 years for Breckenridge restaurants. Although Breckenridge weathered the storm of the recession fairly well to begin with when compared to other ski resort destinations, it is great to see bu...