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 room nights over the years means no occupancy record because of increase in supply, still solid occupancy trend year over year, with 91% occupancy.
Not familiar with these terms? There's a guide to hotel performance.
View the prior report for June 2019