Downtown Anchorage seen with the Alaska Range to the north.
Ken Graham

Category - Research

September 2019 Hotel Insights

Thursday, October 17, 2019

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…

August 2019 Hotel Insights

Monday, October 07, 2019

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…

Hotel Insights July 2019

Thursday, August 22, 2019

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…

June 2019 Hotel Insights

Thursday, July 18, 2019

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 -…

May 2019 Hotel Insights

Tuesday, June 18, 2019

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…

April 2019 Hotel Performance

Friday, May 17, 2019

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…

March 2019 Hotel Performance

Friday, April 19, 2019

March hotel revenue was up more than 27 percent year over year, as double-digit increases in both demand and rate combined for one of the best March performances on record. March demand was up 12.5 percent, while rate rose more than 13 percent compared to 2018. The year is off to a strong start. The…

February 2019 Hotel Insights

Thursday, March 21, 2019

Strong occupancy and ADR combined for best monthly revenue in February at least back to 2013. Demand was up 17 percent, occupancy up 15 percent and rate up 12 percent for February year over year. Daily data shows consistent, positive performance throughout the month of February, rather…

December 2018 Hotel Insights

Wednesday, January 16, 2019

2018 may end up as one of Anchorage's best in terms of hotel performance. Initial estimates put hotel revenue for the year above $262.5 million. If the forecast holds, it would come in second only to 2015. Average daily rate climbed near - and in some months even surpassed - historic marks.…