Jackson Hole Tourism Forecast
Forecasting for Business Success / Measuring Performance
Current DestiMetrics/Inntopia Reports
- December 15, 2017 - Retail Report: Click here.
- November 30, 2017 - Executive Summary: Click here.
- November 30, 2017 - Retail Report: Click here.
The premier provider of lodging performance benchmarking tools to mountain resorts throughout the western United States, DestiMetrics - a product line of Inntopia Business Intelligence - is a sophisticated lodging barometer that provides numbers specific to Jackson Hole. Community partners, including the participating lodging properties, have helped to make this tool available: Jackson Hole Central Reservations, Jackson Hole Mountain Resort, and JH AIR. Special recognition goes to funding provided by the lodging tax via the Jackson Hole Travel & Tourism Joint Powers Board (4JH).
To find archived reports and an info sheet on how to interpret the retail reports, please click here.
An Eye on the Economy
The Jackson Hole Economic Dashboard is compiled by the Jackson Hole Chamber of Commerce each month so that our Members can be aware of the numbers that effect business in Jackson Hole.
Jackson Hole Economic Dashboard
- Download the Economic Dashboard: Economic Dashboard - December 21, 2017
Jackson Hole Economic Dashboard Summary
Visitation at Grand Teton National Park (GTNP) was down -9% for November 2017 as compared to November 2016 and up 24% as compared to November 2015. GTNP visitation for January through November 2017 was up by 1.07% as compared to the same time period in 2016.
Visitation at Yellowstone National Park (YNP) was down by -57% for November 2017 as compared to November 2016 and down by -5% as compared to November 2015. YNP visitation for January through November 2017 was down by -3% as compared to the same time period in 2016.
Visitation at the Jackson Hole & Greater Yellowstone Visitor Center (JH & GY VC) for November 2017 was down by -8% as compared to November 2016 and down by -2% as compared to November 2015. JH & GY VC visitation for January through November 2017 was down by -2% compared to the same time period in 2016.
Visitation at the Home Ranch Welcome Center for November 2017 had a total number of 783 visitors, with 113385 total visitors from January to November 2017.
Jackson Hole Airport Enplanements for November 2017 was up by 8% as compared to November 2016 and up by 14% as compared to November 2015. JH Airport Enplanements for January through November 2017 was up by 0.11% as compared to the same time period in 2016.
DestiMetrics Occupancy was down by -9% for November 2017 as compared to November 2016 and up 19% as compared to November 2015.
DestiMetrics ADR was up 9% for November 2017 as compared to November 2016 and down -13% as compared to November 2015.
Business Licenses Issued were down by -29% for November 2017 as compared to November 2016 and was up by 13% as compared to November 2015.
Real Estate sales (Commercial and Residential) were up by -1% (# of sales) and up 11% ($ volume) for the 3rd quarter of 2017 as compared to the 3rd quarter of 2016; they were down 11% (# of sales) and down 5% ($ volume) as compared to the 3rd quarter of 2015.
Construction Permits Issued were up 50% for November 2017 as compared to November 2016 and up 100% as compared to November 2015.
Teton County Sales and Use Tax Distribution from Wyoming was down -8% as compared to November 2016 and down -1% as compared to November 2015. Reference.
Teton County Lodging Tax for November 2017 was up by 8% as compared to November 2016 and up by 21% as compared to November 2015.
Unemployment rate for November 2017 was up 6% as compared to November 2016.
The Dahsboard was published on December 21, 2017.
Wyoming Office of Tourism Resources
Wyoming Travel Impacts 2000-2016: Click here.
Travel is an Economic Engine for Wyoming: The Wyoming Office of Tourism recently released an economic report that shows why travel matters to Teton County. According to their report, domestic and international travelers spent $1.02 billion is Teton County and generated $54.8 million in state and local taxes. This tax revenue is used to support public infrastructure like streets and roads, education, fire and police protection, and many other public services in Teton County. To download the report, please click here: Economic Engine Report.
Visitation to Grand Teton National Park Generates Over 728 Million in Economic Benefit to Local Communities
April 21, 2016 - Visitors to Grand Teton National Park spent an estimated $560 million in local gateway communities last year. The ripple effects of that spending had a cumulative benefit to the local economy of over $728 million and supported 8,862 jobs in nearby communities such as Jackson, Teton Village, and Dubois, Wyoming as well as Victor and Driggs, Idaho. As it did in 2014, Grand Teton ranked among the top five national park areas in terms of economic benefit along with Blue Ridge Parkway, Great Smoky Mountains National Park, Grand Canyon National Park, and Denali National Park & Preserve. For complete information, please click here.
Jackson Hole Conservation Alliance Effective Population Study
Summer 2013 - An Update of the 1993 Study Conducted by Summit Management Consulting on behalf of the Town of Jackson and Teton County, Wyoming. Download the PDF. The report defines Effective Population: "Effective population is defined as the population where people are found at a given point in time, as opposed to counting them only where they reside. Determining the effective population is essential for understanding the cumulative economic, social, and environmental impacts residents, workers, and visitors alike have on the community. Using the estimates from the effective population can help town and county staff, elected officials, and community organizations guide policies, revise land development regulations, and provide levels of service appropriate to the actual human population and ecosystem of Teton County."
Wyoming Department of Administration and Information, Economic Analysis Division: http://eadiv.state.wy.us/
Wyoming Labor Market Information: http://doe.state.wy.us/lmi
Wyoming At Work, Employment Resource: www.wyomingatwork.com
Wyoming Department of Revenue: http://revenue.state.wy.us/
Largest Employers in Jackson Hole: Download the PDF Info Sheet