Revenues get bump

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Report: State hotel revenues get strong bump in November

HONOLULU (AP) — Hotel revenues climbed in Hawaii [November] with the Big Island and Kauai experiencing the strongest bumps, according to a report by the state tourism agency.

With the Hawaii tourism industry still strong, the statewide revenue per available room increased by 5.5 percent from last year to about $190, according to the Hawaii hotel performance report made public Thursday.

The room revenue figure is the amount the hotelier gets per room and is used by the industry as a measure of performance, the Honolulu Star-Advertiser reported .

The Hawaii Tourism Authority report showed the statewide average daily rate for hotels rise by 1.4 percent to about $243 last month. The state’s hotel occupancy was 78.5 percent.

“November was a good month for hotel properties as a whole,” said Jennifer Chun, the authority’s 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.”

The most notable increase statewide was for mid-scale and economy class hotels, Chun said. The revenue per available room in this category increased by 18.4 percent and occupancy rose by 10.1 percent.

“That kind of increase in occupancy is phenomenal considering that tourism in Hawaii has been thriving in recent years,” Chun said.

On the Big Island, the revenue per available room increased by 12.9 percent to $167.33. The occupancy rate was 73.2 percent.

Kauai’s revenue per available room increased by 13 percent to $168. Maui’s room revenue rose by 6.5 percent to about $236.

On Oahu, room revenue increased by 2.3 percent to about $180. Oahu’s occupancy was 82.1 percent.

 

by Maui News | Published December 24, 2017

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