May 10, 2013
By: Stephanie Silverstein, Reporter- Pacific Business News
Hawaii hotel occupancy held steady last week when compared to the same week last year, while average daily room rates increased by more than 9 percent to $217.50, according to the latest report by Hospitality Advisors LLC and Smith Travel Research.
Statewide hotel occupancy averaged 74.7 percent for the week ending May 4, a 0.3 percentage point increase compared to the same week in 2012.
Of the four major islands, Oahu had the highest drop in occupancy, but also the highest increase in average daily room rates. Occupancy decreased by 0.8 percentage points to 82.9 percent, while average daily room rate increased 11.4 percent to $205.
Maui had the highest increase in occupancy, up 2.4 percentage points to 73.4 percent. The average daily room rate on Maui increased by 9.8 percent to $254.35.
Kauai hotel occupancy increased by 1.1 percentage points to 68.1 percent, and average daily room rates increased 2.6 percent to $220.73.
The Big Island was the only island to experience a decrease in both occupancy and average daily room rates when compared to the same week last year. At 51.3 percent, occupancy decreased by 0.2 percentage points. Average daily room rates of $197.09 were 0.5 percent less than they were during the same week last year.