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Hawaii hotel occupancies, room rates both see declines

bizjournals
Saturday, 29 December 2012

Occupancy at Hawaii hotels decreased by 1.8 percentage points last week to 69.9 percent compared to the same time last year, while average daily room rates decreased by 11.5 percent statewide to $211.92, according to the most recent report from Hospitality Advisors LLC and Smith Travel Research. Oahu was the only island that saw occupancy gains, and they were modest at 1.4 percent. Oahu hotels had an average daily room rate of $188.61, which was less than 1 percent higher than last year. The Big…
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