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…
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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 MoreHotel 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 MoreHotel 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 MoreThe 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 MoreHotel 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 MoreJune 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 MoreMay 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 MoreApril 2022 was the best April for demand and revenue on record. Hotels reported $22 million in gross revenue, a 35% increase from 2021. April typically sees a small dip in demand compared to March…
Read MoreMarch saw a continuation of year-over-year growth for Anchorage hotels in ADR, demand, and revpar. March occupancy was 72%, higher than historically seen for the monthly average in March. Typically…
Read MoreFebruary saw a continuation of gains for Anchorage hotels, with solid trends month to month in the growth of ADR, demand, and revpar. 2022 ranked as one of the better Februaries on record, at least in…
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