Colorado Springs Hotel Market: Recovery, Headwinds, and Growth Potential
🗺️ Colorado Springs faced declining hotel occupancy due to decreased government travel in 2025, affected by U.S. Space Command's move and a government shutdown. A government per-diem decrease of $10 in summer and $5 elsewhere hurt rates. Yet, tourism grew by 2.7% in 2024 with a 5.2% spending rise. New developments include the $36 million airport expansion and $41 million Hosmer Visitor Center. Despite challenges, long-term prospects remain positive with continued tourism and economic investments.
Share
