 Aspen Board of Realtors March '12 Excerpts
March 16, 2012
ABOR Observer
Aspen Board of Realtors
MARCH 2012--Excerpts
A rundown of the government and business activity over the last month, with particular focus on issues and items that are important to the Real Estate community.
Morris & Frywald, Chaffin Light announce merger
Two of the Roaring Fork Valley’s largest real estate firms, Morris & Fyrwald Sotheby’s International Realty and Chaffin Light Real Estate announced their merger last month. The new company will be called Aspen Snowmass Sotheby’s International Realty and will operate eight offices in the valley. (See attachment)
Cell service on tap at Sundeck
Subscribers of Verizon and AT&T cell phone service can now get a signal at the Sundeck Restaurant and the Aspen Mountain Club. Antennas were added after customers at the private club complained about the lack of service.
Aspen economy improving
Aspen’s economy has strengthened significantly over the last year, according to an analysis of sales taxes receipts. Overall sales tax collections in Aspen were up 7 percent in 2011 compared with 2010. Sales came in especially strong at year’s end with December up 13 percent. Lodging taxes in December 2011 were up 15 percent compared to the same month in 2010.
Aspen/Snowmass defies downward trend in bookings
Area hotels and lodges are have experienced improved bookings so far in 2012, bucking the downward trend at other resorts around the state. A survey by Denver-based Mountain Travel Research Program reported resort occupancy levels have fallen 3.7 percent compared with the same weeks last year. But Aspen is up 4.3 percent Snowmass is up 8.8 percent in 2012.
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