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December 12, 2010

Hawaii Hotel Occupancy Rises in October

Hotel occupancy rose by 4.5% to 70.9% in Hawaii, US, during October 2010 compared with the same period in 2009, according to a new Hospitality Advisors report. However, the state's average daily room rate fell to $163.52, a 0.7% decrease from October 2009. Hotels

By cms admin

Hotel occupancy rose by 4.5% to 70.9% in Hawaii, US, during October 2010 compared with the same period in 2009, according to a new Hospitality Advisors report.

However, the state’s average daily room rate fell to $163.52, a 0.7% decrease from October 2009.

Hotels in the city of Waikiki posted the highest occupancy rate at 80% with an average daily room rate of $148.59, $2 lower than a year ago.

The occupancy rate for all Oahu hotels was 78.2% in October and its average room rate was $148, a 1.2% decline from last year.

Big Island hotels experienced the lowest occupancy rates at 57.6%, but its average room rate rose 5.8% to $171.65.

Maui’s occupancy rate rose 11% to 67.1% and its average daily room rate was the highest in the state at $194.24.

The occupancy rate of Kauai was 61.2%, but its average room rate fell by 5% to $172.07, according to businessweek.com.

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