TETON
VIEW NEWSLETTER 2017 | QUARTER 3
tetonlodge.com | 855.318.6669 | 3385 Cody Lane, Teton Village, WY 83025
JACKSON HOLE
SUMMER The summer months always seem to fly by here in the Tetons and what a great one we had. We celebrated Memorial Day, the Fourth of July, a total solar eclipse and then closed it out with a festive Labor Day in the valley. The total solar eclipse was probably the show stopper here in Jackson Hole. We loved seeing all of our owners that could make it out for this special event. We don’t think anyone left Jackson disappointed! Jackson Hole Mountain Resort welcomed their new attraction, the Via Ferrata which takes their guests high above the valley floor and tests their mountaineering skills. They also started the build of their new on mountain sports school and restaurant facility at the midway station of the new Sweetwater Gondola; which is estimated to be completed for the 2018-2019 ski season. We also had another successful summer of Concert in the Commons and Grand Teton Music Festival concerts that are never to be missed when you are here in Teton Village.
SALES
QUARTER 3 With the unexpected drop in revenue due to the power outage, we looked forward to the busy summer and generating good revenue. As we anticipated, July and August performed very well with August being the most profitable month. Overall, Q3 ended with extremely positive numbers that we should be proud of. On average, Q3 total revenue saw an increase of approximately 10% with an average ADR of $449. The increases in both revenue and ADR are a reflection of the rates we were able to secure during the solar eclipse.
Hotel Terra Newsletter 2017 | Quarter 3
We are already seeing robust numbers for the end of fourth quarter. As you know, we really only have the last two weeks of December to make an impact! The snow has already started to fall and as of right now, the snow on top isn’t going anywhere. Let’s hope that the snow reports are making their way around the globe and we kick the 2 season off early.
D E S L A U S I E R S FA M I LY
TRAVELS The DesLauriers family is at it again, all together for the year. Rob, Kit and their two girls spent the month of September for a trip of a lifetime up to the Everest Basecamp in Nepal. In just three and a half weeks and varying conditions, the whole family made it up to the basecamp and safely back down. Time was spent with all the locals and Rob and Kit enjoyed introducing a new culture to their daughters.
Follow t h eir family t rip deslauriersfamily.tumblr.com
WINTER As we just finished a walk through the Village Commons on our daily catch-up we could not help but feel those first breaths of winter coming our way. Leaves changing and falling all around us and a brisk north wind has us dreaming about powder days with every one of you this coming season. Jackson Hole Mountain Resort and Teton Mountain Lodge are once again part of the Mountain Collective with 16 other resorts around North America and the world promising to deliver amazing adventures for all and plenty of tourism to the valley. Something new for Teton Village this year is that the Town Square’s ice skating company will be opening a Teton Village version this winter in the Village Commons by the snow castles. It will be a much welcomed addition that will offer an additional activity for once the lifts close.
FROM US Lastly, as you know, we have been able to schedule the annual owner’s meeting for Teton Mountain Lodge. The meeting will take place on February 2, 2018 at 2:30pm. Please send us your reservation request immediately if you plan to attend. We hope to see you there! We wish you all a wonderful, fun-filled fall season. Anne & Corie
tetonlodge.com | 855.318.6669 | 3385 Cody Lane, Teton Village, WY 83025