Alaska Resource Review Winter 2025

www.AKRDC.org 39 Drive production and shrink operating costs when you choose Inlet Energy as your fuel and lubricants provider. We empower miners through our team’s unmatched expertise, extensive product inventory and dependable delivery capabilities. SERVING ALASKA’S MINING INDUSTRY FOR OVER 35 YEARS Contact us to discuss your company’s needs (907) 274-3835 or order@inletenergy.com — JUNEAU, ALASKA — AVAILABLE STATEWIDE operations@coastalhelicopters.com 907-789-5600 www.coastalhelicopters.com ✓ CONSTRUCTION ✓ EXPLORATION ✓ CONTRACT ✓ SUPPORT ✓ CHARTER Local firms also are expanding activities for people to do. The well-known Antique Auto Museum is moving to a bigger space and is adding a historic aviation component. The museum also offers replicas or actual vintage fabric and clothing people wore when driving the antique cars and trucks, which gives visitors a sense of what life was like back in the early days of Fairbanks. There also are other local attractions. The Museum of the North at the University of Alaska Fairbanks has a new planetarium where visitors can augment their outdoor viewing of the Aurora. Fairbanks also has a small city museum in the historic Co-Op Drug building in the city’s downtown. Overall, both winter and summer tourism has been good for the local economy, as reflected in local hotel and motel “bed tax” tax revenue paid to the local municipality. While tax collections dipped slightly in 2024, at $7.85 million from $7.99 million, they have been climbing steadily during the previous five years. In 2018, $5.64 million was paid in local bed taxes, increasing to $5.75 million in 2019. The pandemic brought a sharp drop in 2020, to $2.6 million, but visitor numbers recovered in 2021, with $5.2 milllion in taxes paid. The amount increased to $7.2 million in 2022, with the recovery of the state’s tourist industry.

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