Alaska Business Insider

Alaska’s economy never stands still. One minute the oil industry is booming while tourism companies are tottering, and the next the construction industry is laying down its hammers while fishermen are enjoying strong catches.

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Study highlights Arctic drilling's economic impact - 2/24/2011 1:46 pm

Muni changing wireless, Internet providers - 2/23/2011 9:06 pm

Anchorage hotels rebound last year but still below 2008 levels

From Bill White --

Anchorage hotel room sales grew 9 percent last year to total $201 million, a sign of the recovering Lower 48 economy and a rebound in tourism.

The new numbers from the Municipality of Anchorage, which collects a 12 percent tax on hotel rooms, show that last year’s hotel room sales hit about the same level the city’s lodging industry achieved in 2007.

But the $201 million total was still 7 percent below the record $217 million reached in 2008.

As for the actual tax collections, the room tax brought in $19.6 million last year (not all rooms are taxed). That was up from $18.3 million in 2008, but below the $22.3 million peak of 2008.

hoteltax2010.pdf15.88 KB
Hoteltax2008.pdf15.35 KB

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