Maui hotels enjoy highest occupancy

Maui hotels enjoy highest occupancy
- 2004-05-25 - Pacific Business News (Honolulu)

Maui hotels continued to enjoy the highest occupancy rate in the state at 80.9 percent and average daily rate of $198.21 in April.

Maui hotels reflected a statewide recovery trend, according to the Hawaii Hotel Flash Report released Tuesday by Hospitality Advisors LLC.
The statewide occupancy rate was at 74.1 percent, up 7.7 percentage points from last April. Average daily rate was $154.25, up 3.6 percentage points. The increase is over 2003 numbers which had dropped dramatically due to the severe acute respiratory syndrome outbreak and Iraq war.
Oahu hotels reported 71.4 percent occupancy rate (62.8 percent in April 2003) and average room rate of $119.28 (up from $113.63). Waikiki hotels specifically reported 72.6 percent occupancy rate (63.1 percent) and room rate of $117.63 ($112.32).
Big Island hotels saw a 70.1 percent occupancy rate (63.9 percent) and room rate of $172.07 ($166.60).
Kauai reported 76.2 percent occupancy rate (68.6 percent) and room rate of $180.94 ($169).
Oahu's upscale hotels gained 22.8 percent to achieve $83.57 in revenue per available room compared to 18.3 percent gain to achieve $189.41 statewide. "