Overall hotel occupancy on Kaua’i was 83 percent in August, second-best in the state behind Maui, while among luxury hotels Kaua’i had the state’s highest occupancy, at 93.1 percent. The island-wide occupancy is up from 80.5 percent in August of
Overall hotel occupancy on Kaua’i was 83 percent in August, second-best in the
state behind Maui, while among luxury hotels Kaua’i had the state’s highest
occupancy, at 93.1 percent.
The island-wide occupancy is up from 80.5
percent in August of last year, and the luxury figure is also up, compared to
92 percent in August of 1999, according to figures recently released by the
Honolulu accounting and management firm PKF-Hawai’i.
All of Kaua’i’s
hotels, when categorized by quality of property (luxury, first-class, deluxe
and standard, were above 76 percent in occupancy in August, and all experienced
occupancy gains compared to the same month last year.
For the first eight
months of this year, Kaua’i hotels had an occupancy rate of 77.9 percent, up
from 73.9 percent during the same period in 1999. Luxury hotels on the island
again paced the field, with an occupancy rate of 87.7 percent for the first
eight months of this year, again tops in the state and an increase compared to
the same period in 1999.
When categorized by number of rooms, Kaua’i’s
hotels with 100 to 200 units did the best on this island in August, at 80.2
percent, down slightly from 80.7 percent in August of 1999.
For the first
eight months of this year, those same-sized hotels did the best as well, at
75.2 percent, up from 68.5 percent during the same period last year.
Hotels
under 100 rooms on the island recorded the largest increase (18.2 percent) in
average daily room rate, moving in August of last year from $109.17 to $129.01
in August of this year.
PKF-Hawai’i has been tracking the state’s hotel
industry for the Hawai’i Hotel Association since 1972.
