Hawaii hotels post strong November
January 22, 2018 | 74° | Check Traffic

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Hawaii hotels post strong November

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Hawaii’s strong tourism industry boosted the performance of hotels statewide in November with the neighbor islands in particular seeing a significant bump.

With visitor arrivals headed for their sixth straight record year, the revenue per available room, or RevPAR, increased 5.5 percent overall from the year-earlier period to about $190, according to a Hawaii hotel performance report released today by the Hawaii Tourism Authority.

RevPAR, which is the price a hotelier gets per room regardless of its rental status, is considered by many in the industry as the best measure of performance.

The average daily rate (ADR) for hotels in the state gained 1.4 percent to about $243 last month while occupancy rose 3 percentage points to 78.5 percent.

“November was a good month for hotel properties as a whole,” said Jennifer Chun, HTA director of tourism research. “These across-the-board increases help support jobs and families in each county and generate increased state tax revenue, which ultimately helps to fund community needs statewide.”

Chun said “the biggest eye-opener” for November occurred statewide for midscale and economy class hotels where RevPAR for those combined categories jumped 18.4 percent and occupancy rose 10.1 percent.

On the neighbor islands, Hawaii island and Kauai reported the strongest results.

The revenue per available room on Hawaii island soared 12.9 percent to $167.33 while the occupancy rate increased 10.8 percentage points to 73.2 percent. Kauai’s RevPAR rose 13 percent to $168.34.

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