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Hawaii hotel rates soar 14% on flat occupancy

July 10, 2013 Destination Hawaii No Comments Email Email

egtmedia59Hawaii hotel room rates soared 14 percent last week, compared to a year ago, while occupancy was flat, according to a report by Hospitality Advisors LLC and Smith Travel Research.

The statewide average daily room rate was $239.98 during the week ended June 29, which was 13.9 percent higher than the same week last year, while hotel occupancy was unchanged at 79.5 percent, the report said.

Big Island hotels saw the greatest increase in average daily room rate, an18.7 percent jump to $226.04, while occupancy increased 3.6 percentage points to 65.3 percent.

The average daily room rate at Oahu hotels rose 16.3 percent to $216.88, but occupancy fell 3.3 percentage points to 85.3 percent.

On Maui, the average daily room rate rose 9.2 percent to $301.30, the highest in the state, while occupancy rose 5.6 percentage points to 77.1 percent.

Kauai hotels had a 2.1 percent increase in the average daily room rate, to $236.80, while occupancy declined 4 percentage points to 76.3 percent.

Edited by : Bill Hurley

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