Hotel performance in February slowed significantly in 2020, failing to meet the high-water marks set in 2019. Hotel revenue was down 15% year over year; yet with $13.3 million in revenue, it was still the second best February on record. Demand dropped 11% year over year, and ADR slid 4%. February…

December hotel performance was stable compared to 2018. December 2019 saw a slight improvement in monthly revenue, up less than 1% – or within $100,000 – year over year. Demand for the month ticked up slightly compared to 2018. December typically accounts for about 5% of annual hotel…

Tourism fueled community growth, with 2019 setting records for Anchorage tourism in many ways. There are plenty of positive signs for 2020 as well. Visit Anchorage President & CEO Julie Saupe presented details January 16, 2020, at the Report to the Community. The event is an annual summary of Anchorage tourism performance and predictions. The report recapped industry gains in 2019 and shared forecasts, research findings, and…

November hotel revenue saw modest gains year over year for 2019, with more than $14.1 million in hotel revenue reported for the month. ADR was down less than 1%, with demand up just under 1%. Those results makes 2019 one of the best Novembers for revenue on record, though the month typically…

September set a new record for monthly revenue previously set in 2015, with $25.5 million in revenue. A solid return in the final month of summer season ensures hotel performance is on pace or above for the year. Changes in ADR reflects seasonal shifts such as per diem adjustment on 9/1 and were up slightly year over year. Despite an anticipated decrease in cruise-induced room nights compared to the prior September, hotel demand…

The final full month of the busy 2019 summer season added more gains compared to the previous year. Hotel demand remained strong for the month, up 4% year over year. Occupancy held strong at 91% for the month, the third straight month with average occupancy above 90%. ADR rose 6% compared to August…

Anchorage set another single-month record for hotel revenue in July at more than $46 million. Summer hit full stride with the highest monthly average for ADR in any month, ever, at $209. July also saw a single month record for demand. An increase in the overall number of hotel rooms and available…

Anchorage set a hotel revenue record in the month. At $43.8 million, June 2019 had the highest hotel revenue of any month, breaking a record previously set June 2015. June 2019 also saw the strongest-ever performance for that month in terms of hotel rate - up 8% from June 2018 - and hotel demand -…

The summer of 2019 has a promising beginning, as May set hotel performance records for the month in terms of rate, demand, and total revenue. Demand in May was 8% higher than historical peaks for the month. Hotel revenue was up 30% from a historical record for this month set in 2017. Occupancy and…

The strong stretch for hotel performance continued in April, with gains for the month driven by solid demand - up 6% year-over-year - and increases in ADR - up almost 14%. April hotel revenue was up 20% compared to 2018, a high-water mark for the month of April. Unfamiliar with the stats in this…