The Bratton Team

 

Aug 12, 2013, 2:31pm HST

, Reporter- Pacific Business News

Hawaii hotels set a new revenue record for the first half of the year, and business has been good at hotels on each of the four major islands, according to a report byHospitality Advisors LLC and Smith Travel Research.

Hotel occupancy on Oahu remained high at 84.1 percent through June, a 0.2 percentage-point increase from the first half of 2012. Revenue per available room, or RevPAR, jumped to $172.18 in the first half of this year from $148.24 in the first half of 2012, a 16 percent increase. Average daily room rates also increased by about the same percentage to $204.73, from $176.69.

Maui hotel occupancy increased by 1.2 percentage points year-over-year, to 75.1 percent. RevPAR increased 6.8 percent, to $210.30 from $196.96, and average daily room rates increased 5 percent to $280.02 from $266.52. Hotels in the Wailea area on Maui charged the highest average daily room rates, at $434.64.

Kauai hotel occupancy increased by 0.4 percentage points in the first half of the year to 69.9 percent, from 69.5 percent. RevPAR increased about 8 percent to $156.50 from $145.04, and average daily room rates increased 7.3 percent to $223.89, from $208.69 .

Big Island hotel occupancy increased 1.2 percentage points to 63.9 percent. RevPAR increased almost 13 percent $137, from $121.37, to and average daily room rates increased 10.8 percent, to $214.39, from $193.57 .

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