Hawaii sees more visitors as rates climb
Written on July 19, 2010
Hawaii’s hotel occupancy rates grew 10.9 percentage points last week compared to the same week a year ago, according to an industry report out Friday.
The Hawaii Hotel Industry Snapshot, conducted by Smith Travel Research and Honolulu-based Hospitality Advisors, showed that hotel occupancy for the week ending July 10 was 79.4 percent, up from 68.5 percent a year ago.
Statewide hotel occupancy — which came in 16.9 percentage points ahead of the national average of 62.5 percent for the week — was up year-over-year on all the major islands.
Oahu maintained the highest occupancy rate at 86.7 percent, up 8.8 percentage points from a year ago.
It was followed by Maui with 76 percent, up 16.8 percentage points from a year ago. Kauai recorded 69.6 percent occupancy, up 5.4 percentage points, and the Big Island recorded 66.6 percent occupancy, up 11.5 percentage points.
Statewide hotel room rates, which were heavily discounted throughout the economic downturn, are on the rise again, up 4 paperless payday loans.2 percent for the week to $183.27 a night.
Oahu saw room rates climb 8.2 percent since last year to $162.55.
Maui maintained the state’s highest room rates at $235.10 a night, up a slight .9 percent from a year ago.
The Big Island saw room rates dip 1.2 percent from last year to $176.81 while Kauai saw a steeper decline since this week last year, by 8.8 percent to $185.46.
Hospitality Advisors’ weekly hotel report is based on a daily hotel survey of approximately 100 properties representing 39,364 rooms, which account for 68.6 percent of the state’s total hotel rooms for properties with 20 units or more.
Filed in: economics.