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Anchorage RV rental company shuts down abruptly, leaving hundreds of visitors scrambling

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Anchorage RV rental company shuts down abruptly, leaving hundreds of visitors scrambling


An Anchorage motor home rental business closed abruptly Friday, leaving hundreds of visitors out thousands of dollars and scrambling for replacements at the peak of Alaska’s summer tourism season.

The shutdown came a day after the state filed a civil lawsuit accusing the business, Alaska Motor Home Inc., of deceptive practices.

The state claims the company illegally charged customers for deposits before they picked up RVs, overcharged for taxes, and forged at least one customer’s signature, according to a complaint filed Thursday in Anchorage Superior Court.

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The complaint names owner Peter Harkovitch and his son, Cole Harkovitch, as defendants along with the business.

The company decided to close without intending to refund customers, yet was still accepting reservations and payments through July, the complaint said.

An Alaska Department of Law spokesman said officials believe there are hundreds of victims in the case, given the company’s anticipated fleet of 60 motor homes this summer.

Other RV companies in Anchorage this week reported a deluge of calls from visitors looking for last-minute rentals. Great Alaskan Holidays received about a hundred inquiries from Alaska Motor Home customers, according to marketing director Bob Johnson.

“It started yesterday morning as soon as we opened, and it has only probably within the last hour began to settle down,” Johnson said Friday afternoon, adding all requests have been accommodated.

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At Alaska Motor Home’s offices in South Anchorage on West 64th Avenue near C Street on Friday, two longtime employees expressed sadness over the sudden closing. One cleaned RVs still being returned by customers — the employees said they expected more to be returned through the month — while another said he was shuttling customers to cruise ships or the airport to catch flights home to the Lower 48.

Cole Harkovitch removed his name from the business in May, leaving his father as the sole officer, according to a state corporations database. Cole Harkovitch declined to comment when contacted by the Daily News at the business Friday, saying that “we’re still trying to hash things out. I’m just one of the people caught in the crossfire.”

In a letter to the state Department of Law Wednesday, an attorney representing the company said it was ceasing operations Friday because it was “impossible” to stay in business due to several factors, including the fact that Peter Harkovitch is incarcerated. The letter also references issues with cash reserves, restricted access to computer records, and financing for 20 new motor homes.

“As you are well aware, there will be numerous complaints filed with your office,” attorney Terry Draeger wrote. He was out of state and could not be reached for comment Friday.

This is the second time the state has filed suit against Alaska Motor Home on charges of unfair practices. The state sued the company and owners in 2019, citing similar problems.

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A judge in 2021 ordered a $110,000 fine but as of this week, the company had paid only half, state law officials said Friday. Customer complaints about Alaska Motor Home date back at least as far as 2014, when the company accused the Better Business Bureau of harassment, prompting a wave of criticism.

The state’s complaint also accuses 66-year-old Peter Harkovitch of “a history of using Alaska Motor Home’s assets as his personal assets” to pay for his mortgage, credit card bills, pool cleaning services as well as ATM withdrawals in Florida, Las Vegas, Spain, Italy and other locations. His wife was also able to pull money out of the company’s account, according to the state’s complaint.

Peter Harkovitch is currently incarcerated at Pinellas County Jail in Florida, according to online records. He is charged with aggravated battery, threatening a public servant and criminal mischief, according to online records. Harkovitch is accused of assaulting a family member in March, leaving them in critical condition, according to a complaint filed in that case. He is also accused of destroying the apartment where they lived and urinating on a police officer, according to a sworn affidavit.

The complaint against Alaska Motor Home names a number of customers reporting issues ranging from large fees put on credit cards without authorization to contracts promising insurance the company did not offer and charging taxes above the tax rate.

Peter Harkovitch sent a woman from Utah threatening messages and eventually asked for an “unconscionable” amount of more than $20,000 after a damages dispute, the complaint said. The woman was unable to recoup $7,500 in credit card charges because someone forged her signature on two receipts, it said.

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Another customer making his first trip to Alaska this summer told state consumer officials on Tuesday that he prepaid $3,700 for an RV rental and left several messages but no one returned his calls, according to the complaint.

Reynolds Holiman, a Florida engineer who owns property in Homer, said in an interview Friday that he paid $1,840 to drive a new RV from Indiana to Alaska. But in March, Alaska Motor Home put an unauthorized $2,500 deposit on his credit card, Holiman said. Then a few days before the trip was supposed to start in mid-May, he said, the business said the RV was no longer available. He asked for a refund.

Holiman said he had received about $1,400 and the attorney general’s office told him Thursday that the $2,500 deposit was illegal. He said he’s glad to have at least some of the money back.

“Fraud is a strong word, but if they charged me $2,500 they weren’t due yet for a motor home they weren’t paid for yet, that almost sounds like fraud,” Holiman said.

A temporary restraining order requested by the state asks a judge to require Alaska Motor Home to notify customers about the closure, halt new reservations, and preserve company assets and records.

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State officials encourage anyone who made reservations with Alaska Motor Home via credit card to check their eligibility for a chargeback and file a consumer complaint.

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Alaska

Alaska Airlines adds nonstop flight from Portland to New Orleans – The Points Guy

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Alaska Airlines adds nonstop flight from Portland to New Orleans – The Points Guy


Alaska Airlines is adding a new route to the Big Easy from one of its West Coast hubs.

Starting in January, the Seattle-based carrier will offer nonstop, seasonal service from Oregon’s Portland International Airport (PDX) to Louis Armstrong New Orleans International Airport (MSY).

The service will launch Jan. 6 and run through May 14. Booking is now open.

Want more airline-specific news? Sign up for TPG’s free biweekly Aviation newsletter.

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Though it’s just a five-month span for the new route, it will certainly give Pacific Northwest travelers some more opportunities to travel to New Orleans at a key time of year.

On top of the city’s iconic Mardi Gras festivities early in the year, New Orleans’ Caesars Superdome will play host to the next Super Bowl on Feb. 9.

SEAN CUDAHY/THE POINTS GUY

Route details

Alaska will operate the winter seasonal route with a Boeing 737 mainline aircraft on a daily basis. Here’s how the itinerary shakes out:

  • PDX-MSY: Departs 9:05 a.m. Pacific time; arrives 3:30 p.m. Central time
  • MSY-PDX: Departs 4:35 p.m. Central time; arrives 7:50 p.m. Pacific time

Growing its Portland, New Orleans capacity

SEAN CUDAHY/THE POINTS GUY

The addition of New Orleans will give Alaska Airlines 55 nonstop destinations out of its Portland hub.

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Notably, though, Portland will be just the second city serving the Big Easy in its network. Right now, Alaska only operates a New Orleans nonstop from its home base, at Seattle-Tacoma International Airport (SEA).

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In fact, no carriers currently serve the Portland-New Orleans route, which makes it an intriguing option for travelers, leaders in both cities said.

“Portland has been the top unserved destination from New Orleans, and this new route not only strengthens the connection between our vibrant cities but also underscores our commitment to enhancing the travel experience for our community and visitors alike,” MSY director for aviation Kevin Dolliole said in a statement.

For Alaska’s part, the carrier’s seats out of Portland are set to grow just over 12% in 2024, even prior to launching this new nonstop in early 2025, according to data from aviation analytics firm Cirium. However, its seats there still trail 2019 levels.

Bottom line

It’s worth mentioning that though this seasonal route will feed more traffic into New Orleans for the Super Bowl and Mardi Gras, Alaska will just barely miss another major event: the Jan. 1 Sugar Bowl. That event will serve as one of the first-ever college football quarterfinal games this upcoming season.

Still, there’s nary a bad time to fly to a city with rich food and plentiful cultural and entertainment options like New Orleans — not to mention some top-notch hotels.

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Alaska Air Group, Inc. (NYSE:ALK) Given Consensus Rating of “Moderate Buy” by Analysts

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Alaska Air Group, Inc. (NYSE:ALK) Given Consensus Rating of “Moderate Buy” by Analysts



Alaska Air Group, Inc. (NYSE:ALK – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the twelve analysts that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $56.60.

ALK has been the subject of a number of analyst reports. Susquehanna upped their price objective on shares of Alaska Air Group from $40.00 to $42.00 and gave the company a “neutral” rating in a research note on Friday, April 19th. TD Cowen raised their price objective on shares of Alaska Air Group from $49.00 to $58.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. UBS Group assumed coverage on shares of Alaska Air Group in a research note on Wednesday, March 20th. They set a “buy” rating and a $54.00 target price on the stock. Evercore ISI raised their target price on Alaska Air Group from $55.00 to $65.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Finally, Bank of America lifted their price target on Alaska Air Group from $50.00 to $56.00 and gave the company a “buy” rating in a report on Friday, April 19th.

View Our Latest Analysis on ALK

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Alaska Air Group Stock Down 0.4 %

Shares of ALK stock opened at $41.18 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.63 and a current ratio of 0.65. The business’s fifty day moving average is $42.60 and its 200-day moving average is $39.77. Alaska Air Group has a 1 year low of $30.75 and a 1 year high of $57.18. The stock has a market cap of $5.23 billion, a PE ratio of 22.02, a price-to-earnings-growth ratio of 0.55 and a beta of 1.61.

Alaska Air Group (NYSE:ALK – Get Free Report) last released its earnings results on Thursday, April 18th. The transportation company reported ($0.92) EPS for the quarter, beating the consensus estimate of ($1.09) by $0.17. The business had revenue of $2.23 billion during the quarter, compared to analyst estimates of $2.18 billion. Alaska Air Group had a net margin of 2.34% and a return on equity of 13.54%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the business earned ($0.62) earnings per share. Equities analysts expect that Alaska Air Group will post 4.69 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Alaska Air Group

A number of hedge funds have recently added to or reduced their stakes in ALK. Vanguard Group Inc. increased its stake in shares of Alaska Air Group by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 14,461,295 shares of the transportation company’s stock worth $536,225,000 after purchasing an additional 47,871 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Alaska Air Group by 13.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,439,909 shares of the transportation company’s stock worth $212,543,000 after purchasing an additional 660,455 shares in the last quarter. Boston Partners increased its position in Alaska Air Group by 4.1% during the first quarter. Boston Partners now owns 3,966,594 shares of the transportation company’s stock worth $170,533,000 after buying an additional 155,403 shares during the last quarter. Wellington Management Group LLP raised its holdings in Alaska Air Group by 16.3% during the third quarter. Wellington Management Group LLP now owns 2,554,257 shares of the transportation company’s stock valued at $94,712,000 after buying an additional 358,749 shares in the last quarter. Finally, U S Global Investors Inc. lifted its position in shares of Alaska Air Group by 22.4% in the fourth quarter. U S Global Investors Inc. now owns 1,387,734 shares of the transportation company’s stock worth $54,219,000 after buying an additional 253,984 shares during the last quarter. Institutional investors and hedge funds own 81.90% of the company’s stock.

Alaska Air Group Company Profile

(Get Free Report

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Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.

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Analyst Recommendations for Alaska Air Group (NYSE:ALK)



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Cynthia Hoffman’s father Timothy honored by fellow riders in funeral procession

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Cynthia Hoffman’s father Timothy honored by fellow riders in funeral procession


ANCHORAGE, Alaska (KTUU) – Over 50 riders and drivers followed a black hearse through the streets of Anchorage Saturday afternoon honoring the life of Timothy Hoffman, who died during a memorial ride for his daughter earlier this month.

“We didn’t know we were gonna have this kind of turnout,” Donald Hoffman, Timothy’s big brother, said on Saturday. “As you can see by his family, he had many that loved him.”

Dozens of bikers filled the parking lot of the Alaska Cremation Society on Saturday as they waited to escort Hoffman’s remains from the cremation center to Faith Christian Community for his memorial service. Even Timothy’s dog, tucked into the arms of a loved one, came along to join the parade of cars and motorcycles.

“I feel good. I’m definitely honored to be Tim’s brother,” Hoffman said. “To ride amongst these great bikers, you know, we have different clubs here. They didn’t have to come. They came on their own.”

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Hoffman, known to his loved ones as an avid Harley-lover, a hard worker, and someone who would give the shirt off his back, passed on June 3 while riding in a memorial ride for his daughter Cynthia Hoffman, who was murdered in 2019.

“He’s an advocate for justice,” Hoffman said. “We were just trying to carry on that tradition when we had a tragedy on the ride.”

According to Alaska State Troopers, Hoffman lost control of his motorcycle on the Park Highway. His wife Jeannie, who was riding with Hoffman, is still hospitalized from injuries sustained during the crash.

“She opened her eyes but they still say she’s not there. So there’s no brain activity,” Hoffman said.

Hoffman said his family plans to continue holding the yearly memorial ride for Cynthia as they continue to seek justice for her murder. But he says next year, they will also be riding in Timothy’s honor whose death came on the fifth anniversary of Cynthia’s passing.

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Another memorial will be held for Timothy next Sunday at the Carousel Lounge at 4:30 p.m. Riders will head to the Victims of Justice building before returning to the Carousel Lounge for karaoke and food.



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