While it's been said that summer is prime time for the Alaska tourism industry, the winter months hold their own when it comes to economic impact for the state's largest city.

For this week’s Travel Tuesday, we asked Visit Anchorage about the economic impact of world-renowned destination events like Fur Rondy and the ceremonial start of the Iditarod Trail Sled Dog Race. Staff say that it’s difficult to quantify the exact economic impact on Anchorage and local businesses, but there is a slight uptick in hotel occupancy when those events run.

According to Visit Anchorage, there are “big winner” events coming up before summer that do have a large impact on the local economy.

The Native Youth Olympics will return to the Wells Fargo Sports Complex on the University of Alaska Anchorage campus in late February. NYO instills leadership and respect in young people, while sharing Alaska Native culture and strengthening the body and soul.

The cultural competition is expected to bring $700,000 in spending to the municipality, with more than 3,800 delegates attending from across the state.

UAA will also host the Alaska School Activities Association’s March Madness basketball tournament next month. High-school teams from every level statewide will visit the Alaska Airlines Center for 10 days of state tournament play.

Some 30,000 fans are expected to attend, generating a projected economic impact of more than $3,000,000.

For more information about NYO and ASAA March Madness, visit their websites.

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