Kaua’i had the lowest hotel occupancy rate in the state in January this year, at 57.5 percent, with average daily room rates down as well, according to figures from the Honolulu management and accounting firm PKF-Hawai’i. The island’s hotels did
Kaua’i had the lowest hotel occupancy rate in the state in January this year, at 57.5 percent, with average daily room rates down as well, according to figures from the Honolulu management and accounting firm PKF-Hawai’i.
The island’s hotels did a bit better, at 60.1 percent, down from 65.9 percent in January of last year. The overall occupancy rate of 57.5 percent is down from 63.4 percent.
Resort condominiums (not including timeshare units) were only around half-full this January, at 51.7 percent, down from 58.4 percent in January 2001.
Statewide total occupancy was 67.4 percent in January this year, off from 78.4 percent in January 2001. Among hotels, the state’s January 2002 occupancy was 68 percent, down from 78.9 percent in January of last year. In the resort-condominium class, statewide occupancy was 64.5 percent January this year, down from 75.8 percent in January of last year.
The Big Island had the best overall occupancy rate among the counties in January of this year, at 68.6 percent, and the best occupancy rate among the counties in the resort-condominium category, at 76.6 percent virtually unchanged from the January, 2001 figure.
Maui was best among the counties in hotel-only occupancies, at 69.9 percent.
Visitor-industry officials on Kaua’i knew January figures would sag, but predicted the February numbers, due out near the end of this month, would be better.
The head of PKF-Hawai’i, Ernie Watari, said that while the January 2002 occupancy figures reflect 12 straight months of occupancy declines, the drops are not happening as fast this year as they did in the months immediately after the terrorist events of September 11th, 2001.
