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Friday, July 16, 2004

Hawaii hotel occupancy 84.2%

Hawaii hotel occupancy 84.2%
- 2004-07-16 - Pacific Business News (Honolulu)
Howard Dicus

Hawaii hotels remained 84.2 percent for a second week as Oahu and Kauai packed them in even tighter while Maui and Big Island emptied out a few rooms, Hospitality Advisors LLC reported.

That occupancy for July 4-10 was 9.4 percentage points better than the same period last year. Room rates were up by the same percentage amount.

Maui and Big Island hotels were roughly two percentage points less full than the week before while Oahu and Kauai were fractionally fuller. All other comparisons are to the commensurate week during July 2003.

Around the islands:

Oahu: 86.5 percent, up 16.3 percentage points from last year.
Room rates were up 9.1 percent to more than $131 a night.

Maui: 80.3 percent, down 3.6 percentage points from last year.
Room rates were up 16.5 percent to more than $228 a night.

Kauai: 85.3 percent, up 8.8 percentage points from last year.
Room rates were up 9.5 percent to $197.74 a night.

Big Island: 73.7 percent, up 7.9 percentage points from last year.
Room rates were up 1.5 percent to $145.53 a night.

Nationwide hotel occupancy for the same July 4-10 period was 65.7 percent, lower than last year at the same time, Smith Travel Research LLC reported, while room rates were up 3.8 percent.

Los Angeles occupancy fell slightly from year-before levels to 72.9 percent while Orlando hotels filled up a little, to 73 percent occupancy. In both cities, room rates were more than 5 percent above year-before levels.

Reach Howard Dicus at hdicus@bizjournals.com.

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