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Friday, May 14, 2004

Hawaii hotel occupancy 69.3%

Hawaii hotel occupancy 69.3%
- 2004-05-14 - Pacific Business News (Honolulu)

Hawaii hotels were a little less full last week. Statewide occupancy fell from 71.1 percent to 69.3 percent, though that was still 9.3 points better than the same time last year.


Hospitality Advisors LLC reported that average room rates were up 4.8 percent compared to year-ago levels.

Smith Travel Research LLC reported that the national occupancy rate for the same period, the seven days ending May 8, was 60.9 percent, up three points from the same time last year, the occupancy in Los Angeles was 68.3 percent and in Orlandoi was 63.4 percent.

Around the islands:

Oahu: 66.7 percent, up 14 points from last year when Asia-Pacific travel was still in low gear and there were few Japanese visitors to Hawaii. Room rates were 5.2 percent higher but still bewlow $131 a night on average.
Maui: 77.8 percent, up 6.1 points, with room rates up 3.7 percent to an average $183.56 a night. The West Coast visitor wave to the Valley Isle continues.
Kauai: 73.1 percent, up 1.2 points, with room rates up 3.4 percent and getting closer to $176 a night.
Big Island: 60.4 percent, up 6.5 points, with room rates up 2,1 percent to more than $139 a night on average. Though this is the smallest of the four year-to-year increases, Big Island rates have often run below year-before levels in recent months.

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