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Hawaii hotel occupancy declines, rates rise more than 10%

June 24, 2013 Destination Hawaii No Comments Email Email

egtmedia59Occupancy declined at Hawaii hotels last week when compared to a year ago, but average daily room rates rose by an average of 10.5 percent, according to the latest report by Hospitality Advisors LLC and Smith Travel Research.

Hotels in Hawaii had a statewide occupancy rate of 72.7 percent during the week ended June 8, which was 2.8 percentage points lower than the same week a year ago. The statewide average daily room rate, however, rose 10.5 percent to $215.13.

Oahu hotels saw the greatest gains in rates last week, with the average daily room rate rising 13.8 percent to $204.12, while occupancy slipped 1.9 percentage points to 81.8 percent.

The average daily room rate at Maui hotels rose 6.8 percent to $253.98, while occupancy declined by 2 percentage points to 68.4 percent.

On the Big Island, occupancy declined by 5.9 percentage points to 55 percent, while the average daily room rate rose 6 percent to $189.13.

And on Kauai, occupancy fell 6.2 percentage points to 60.5 percent at Garden Isle hotels, which saw average daily room rates increase 6.6 percent to $219.12.

http://www.bizjournals.com/

Edited By : Bill Hurley

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