Hawaii reveals November hotel market

28th November 2011 (Last Updated November 28th, 2011 18:30)

Hawaiian hotels registered an increase of over 4% in average room rates last week, according to a weekly report by Hospitality Advisors and Smith Travel Research.

Hawaiian hotels registered an increase of over 4% in average room rates last week, according to a weekly report by Hospitality Advisors and Smith Travel Research.

For the week ending 19 November 2011, Hawaiian hotels statewide had a 72% occupancy rate, 3% higher than the same week last year, while the average nightly room rate was 4.3% higher than a year ago.

Occupancy in Oahu saw a decline of 1.3% to 79.1%, while the average nightly room rate rose by 6.2% from the same week in 2010.

Hotel occupancy on Kauai was 9.2% higher than a year ago at 58.8%, while the average room rate increased by 6.3%.

Maui hotels registered an occupancy rate of 71.8% last week, 7.1% higher than last year, and the average room rate was 1.6% higher compared with 2010.

The Big Island’s hotel occupancy rate increased by 7.6% to 55.3%, and the average room rate fell by 3.7%, according to bizjournals.com.