June 2023 Hotel Performance
Year over year change in demand for June slipped after May's gains (-6%). Hotel occupancy for the month averaged 85%, a few points shy of a year ago. Average daily rate rose to $267, marking another…
Read More
Category: Research
May 2023 Hotel Performance
May saw the first improvement in monthly demand year over year since October 2022. Demand was up 5% compared to last year, pushing monthly occupancy in area hotels to 80%. Rate increased to $225 for…
Read More
April 2023 Hotel Performance
Anchorage hotel demand returned to average for April after sliding in each of the months in Q1. The first quarter of 2023 was slower than the year prior, which may have more to do with the strong…
Read More
February 2023 Hotel Performance
February 2023 hotel performance didn't quite measure up to the record set in 2022, but was an improvement over December 2022 and January 2023. Demand was off 3% compared to the prior year, with…
Read More
October 2022 Hotel Performance
Hotel demand was up 9% year over year for October, putting it above historical averages for the month. Occupancy for the month averaged 67%, staying higher than the same time last year and hinting at…
Read More
September 2022 Hotel Performance
Hotel demand was up 7% year over year for September, making it one of the best Septembers on record for Anchorage hotel performance. Occupancy for the month averaged 77%, reflecting a seasonal dip…
Read More
Tourism Makes Summer Gains, Looks to Growth in Fall and Winter
The early returns from summer travel are in, and it appears that 2022 will approach some all-time Anchorage records. The community made year-over-year gains in terms of tourism-related revenue, hotel…
Read More
July 2022 Hotel Performance
Hotel demand increased 3% year over year for July 2022, likely another record for Anchorage demand for the month of July. The strong uptick in rooms consumed in the month hints at lengthening stays;…
Read More
June 2022 Hotel Performance
June typically sees a significant seasonal upswing in performance for Anchorage hotels, and 2022 proved no exception. Anchorage saw a continuation of gains year over year, sustaining growth compared…
Read More
May 2022 Hotel Performance
May saw strong returns for Anchorage hotels as the summer begins, with a continuation of year-over-year growth in ADR, demand, and revpar. Demand was up 3% for May compared to the same period in 2021…
Read More
