Hotel occupancy jumps above 87%

Hotel occupancy jumps above 87%
- 2004-02-20 - Pacific Business News (Honolulu)
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8:33 PM HST Thursday
Howard Dicus

Thanks to the Pro Bowl, the Cisco Systems annual convention, the Great Aloha Run and Valentine's Day, Hawaii hotel occupancy soared in the most recent reporting week to 87.3 percent, Hospitality Advisors LLC reports.

That statewide figure, covering Feb. 8-14, was 8.2 percentage points better than the same week last year, and it was way above the 75 percent occupancy of the previous week. Room rates were 4.7 percent higher than last year.

On Saturday, Feb. 14, which was Valentine's Day,. statewide occupancy peaked at an astonishing 93.2 percent.

Around the islands:

Oahu: 91.5 percent. Waikiki was almost 12 percentage points fuller than it was the same week last year, with room rates about 2 percent higher, to almost $130 a night. More than half the rooms in the state are here.
Maui: 85.6 percent. Hotels were 4.5 points fuller than last year on the Valley Isle and room rates were about 2 percent higher than last year, above $205 a night.
Kauai: 83.2 percent. The Garden Isle saw occupancy more than 15 full points better than last year with rates up nearly 7 percent to almost $192 a night, second only to Maui.
Big Island: 78.4 percent. This was 5.8 points above year-ago levels, but room rates were down 5.1 percent to about $151 a night on average.
The nationwide occupancy rate for the same period was 61.2 percent, Smith Travel Research LLC reported, while hotels were 79.7 percent full in Los Angeles and 75.9 percent full in Orlando.

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