Economy

Summit County TV 10

The town of Basalt has gotten a lot of attention in the Roaring Fork Valley for considering sharing sales taxes with a developer. At least two other mountain communities in Colorado have done something similar. But, there’s a key difference.

Mountain Home Photo

  A variety of numbers show booming business in Aspen, whether it’s hotel reservations, an increase in commercial flights, or the price of renting retail space downtown. Another metric is home sales.

Elise Thatcher

The price of renting commercial space in Aspen is some of the highest rates the resort has seen in years, and there have been questions about whether it’s affecting business owners renting office space.

www.cancelon.com

  Aspen is bustling much more than in mid December last year. But that’s not true for Snowmass Village. Occupancy rates in Aspen on Tuesday were at or near 46%, compared to 23% the same day last year.

Stay Aspen Snowmass

  Aspen and Snowmass Village had a record-setting amount of hotel reservations this fall. But winter bookings are still lackluster. This fall hit a high water mark with overnight bookings, following on a busy summer. A long stretch of good weather plus last-minute reservations in October played a big role.

aspenpitkin.com

A group that advocates for young people wants to create a mentorship program they say would grow Aspen’s economy.

aspensnowmass.com

As summer winds to a close, the Aspen Skiing Company is looking ahead to winter. They’re counting on international visitors from typical players like Australia and Brazil, but also new countries. Ski-Co Director of Worldwide Sales Kristi Kavanaugh says international visits make up 30 percent of the company’s annual revenue, and the community benefits. She spoke with Aspen Public Radio's Marci Krivonen.

Kristi Kavanaugh is Managing Director of Worldwide Sales for the Aspen Skiing Company. Last year was the Skiing Company’s best year ever for international visitation.

Elise Thatcher

Starting a small business isn’t for the faint of heart. But it can be a key way for residents to make ends meet in the Roaring Fork Valley. Aspen Public Radio’s Elise Thatcher has this story of one longtime local who’s trying a new restaurant venture this summer in a unique place: a horse trailer.

        

Elise Thatcher

The Roaring Fork Valley broke records for visitors last summer. So far Aspen and Snowmass Village are on track to be even busier, and more expensive, this summer. Resort tracker DestiMetrics says overnight bookings across the West are up about 8.5% compared to last year. Aspen and Snowmass Village are seeing about the same numbers.

aspensnowmass.com

The numbers are out for this past ski season [2014 - 2015]. More than 7 million people visited Colorado’s ski resorts. That’s down slightly from the record-setting season one year before.

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