Hospitality Advisors released hotel occupancy rates for Hawai‘i recently, and after a first quarter rate of 83.2 percent, the highest in the nation, rates dipped substantially, down to 70.5 percent as of two weeks ago. Hawai‘i’s rate was still well
Hospitality Advisors released hotel occupancy rates for Hawai‘i recently, and after a first quarter rate of 83.2 percent, the highest in the nation, rates dipped substantially, down to 70.5 percent as of two weeks ago. Hawai‘i’s rate was still well awbove the national 64.5 percent average over the same time. Here’s how the islands performed from May 7 to May 13, compared with rates from the same period in 2005.
2006 2005 Avg. room % Change
Kaua‘i 66.0% 63.8% $188 + 1.7%
O‘ahu 67.8% 74.8% $149 +11.0%
Maui 80.2% 76.2% $212 +12.2%
Big Island 65.7% 46.2% $179 +18.3%
SOURCE: Hospitaliy Advisors, LLC, Smith Travel Research