HONOLULU — Timeshare properties in the Hawaiian Islands reported an average occupancy rate of 91.5 percent (plus 1.6 percentage points) in the second quarter of 2018, according to the Hawaii Timeshare Quarterly Report: April-June 2018, issued Wednesday by the Hawaii Tourism Authority.
In comparison, hotel properties statewide recorded an average occupancy rate of 80.6 percent (plus 1.3 percentage points) in the second quarter.
“During a quarter that had worldwide media coverage of flooding on Kauai in April and lava covering homes and property on the island of Hawaii in May and June, timeshare owners were undeterred by these images and continued to come to Hawaii and stay in their timeshare properties,” said Jennifer Chun, HTA tourism research director.
“The increase in total timeshare occupancy was achieved even though inventory grew with hundreds of new units added to Hawaii’s mix in the second quarter of last year. Timeshare’s growth in units and occupancy rates did not seem to adversely affect demand for hotel stays. It’s noteworthy timeshare and hotel occupancy both grew at similar rates during the second quarter at a statewide level,” she said.
During the second quarter, Maui County timeshare properties led Hawaii’s four island counties in occupancy, averaging 94 percent (plus 2 percentage points) compared to the same period a year ago. Oahu timeshare properties averaged occupancy of 92.6 percent (plus 1.8 percentage points), with Kauai timeshare properties at 91.5 percent (plus 0.7 percentage points), and island of Hawaii timeshare properties at 84.0 percent (plus 1.0 percentage points) in the second quarter.
By comparison, Oahu hotels led the four island counties in occupancy during the second quarter, averaging 84.5 percent (plus 1.7 percentage points). Kauai hotels averaged occupancy of 77.5 percent (plus 2.6 percentage points), with Maui County hotels at 77.4 percent (plus 0.1 percentage points), and island of Hawaii hotels at 71.8 percent (plus 0.4 percentage points).
About 220,000 visitors stayed at timeshare resorts for all or part of their stay in the Hawaiian Islands during the second quarter, similar to last year. Of that total, more than 172,000 visitors, or 78.3 percent, stayed exclusively at a timeshare resort while in Hawaii. Altogether, timeshare visitors represented 8.9 percent of Hawaii’s total visitor count in the second quarter.