LIHU‘E — Hotels on the island of Kauai put up big numbers in August with occupancy exceeding 80 percent, in turn generating tens of millions of dollars in revenue for lodging establishments.
LIHU‘E — Hotels on the island of Kauai put up big numbers in August with occupancy exceeding 80 percent, in turn generating tens of millions of dollars in revenue for lodging establishments.
The average daily rate for a room was $444 in August, according to the Hawai‘i Hotel Performance Report published monthly by the Hawai‘i Tourism Authority. That was up 6.4 percent from August 2022 and a hearty 56.5 percent from pre-pandemic August 2019.
The most recent average daily rate was also the second highest of the year, lagging only behind $459 in July.
Total occupancy weighed in at 80.4 percent in August. That was up 2.1 percent and 6.7 percent from the same months in 2022 and 2019.
Hotels on Maui were heavily impacted in the aftermath of the deadly Aug. 8 wildfire in Lahaina, but still remained the most expensive place to rent a room.
The average daily rate fell to $564 in August. That was down 8.6 percent from August 2022, but up 43.7 percent from August 2019. Total occupancy was 52.2 percent in August. That was down 16.4 percent and 25.8 percent from the same periods of 2022 and 2019.
Hotels on Hawai‘i Island were next up with an average daily rate of $436 in August. That was up 2.8 percent from August 2022 and 55.7 from August 2019. Total occupancy was 69.3 percent in August, which was off 3.6 percent and 11.6 percent from the same periods of 2022 and 2019.
Hotels on O‘ahu were a bargain by comparison with an average daily rate of $292 in August. That was up 2.3 percent from August 2022 and 14.2 percent from August 2019. Total occupancy was a hefty 84.4 percent in August, but that was down 3.6 percent and 11.6 from the same periods of 2022 and 2019.
The survey included 76 properties on O‘ahu, which represented 28,601 rooms or 94.2 percent; 40 properties on Maui, which represented 9,642 rooms or 69.3 percent; 18 properties on Hawai‘i Island, which represented 5,140 rooms or 73.4 percent; and 20 properties on Kaua‘i, which represented 3,708 rooms or 76.3 percent.
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