Resource Review Winter 2025

Local firms also are expanding activities for peo- ple to do. The well-known Antique Auto Museum is moving to a bigger space and is adding a historic avi- ation component. The museum also offers replicas or actual vintage fabric and clothing people wore when driving the antique cars and trucks, which gives visi- tors a sense of what life was like back in the early days of Fairbanks. There also are other local attractions. The Muse- um 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 lo- cal municipality. While tax collections dipped slight- ly 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 in- creased to $7.2 million in 2022, with the recovery of the state’s tourist industry.

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