February 2020 Hotel Insights
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…
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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…
Read MoreDecember 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…
Read MoreTourism 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…
Read MoreNovember 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…
Read MoreSeptember 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…
Read MoreThe 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…
Read MoreAnchorage 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…
Read MoreAnchorage 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…
Read MoreThe 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…
Read MoreThe 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…
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