July 2023 Hotel Performance
Anchorage hotel demand approached its seasonal peak, growing compared to last month but just missing the all time high marks. While demand didn't eclipse records set last year, ADR did, reaching an…
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Category: Research
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…
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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…
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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…
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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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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…
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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…
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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…
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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;…
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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…
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