The trust is due to meet tomorrow to discuss this year's festival and start collating feedback from the individual event organisers.
Rotorua District Council events manager Martin Croft, who helped support the festival, said most of the events had doubled from the inaugural festival last year. "There was even more of a festival feel than last year," Mr Croft said.
"It was really cool. Through the photos you can see lots of really happy people of all ages getting into it. We know people have stayed in town through the week to take part in events. We want to position Rotorua as the number one cycling destination."
Capri Court Motel manager Sharon Brooks said while they had a small number of festival goers stay, their bookings were reasonably long.
"There were some who came for two to three days but we also had people book in for nine days, which is a good stay," she said.
"We've a good reputation among mountain bikers and normally have lots of bikes. I think a lot of it is word of mouth. It was exciting knowing it was coming and then seeing people around on their bikes."
Next year's festival will run from Friday, February 13, to Sunday, February 22.