Monday, February 15, 2010

Maui is on an upswing

Hotel room occupancy on Kauai plunged 10.4 percentage points to 54.1 percent for the week ending Feb. 6.

Room rates on the Garden Island were also down — by 9.8 percent — to average $172 a night.

Statewide occupancy was off 1.5 percentage points to 70.2 percent, while room rates dropped 11.5 percent to $164.

Occupancy and room rates for other Hawaii islands were as follows:

• Oahu occupancy slipped 3.1 percentage points to 74.3 percent, while room rates plummeted 13.8 percent to $140;

• Maui occupancy grew 7.8 percentage points to 76.4 percent, while room rates slid 12.8 percent to $213; and

• Big Island occupancy was down 6.6 percentage points to 55.5 percent, while room rates slumped 8.1 percent to $158.

Nationwide hotel occupancy was flat at 48 percent, while room rates eased downward 4.8 percent to average $95 a night.

The weekly Hawaii hotel industry snapshot is surveyed by Smith Travel Research and Hospitality Advisors. See a collection of the finests hotels on the Hawaiian Islands here.

Credits to American City Business Journals Inc. for this aricle.

No comments:

Post a Comment