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Hotel Occupancy Numbers Up: Record Revenues Print E-mail
Written by KGMB9 News - news@kgmb9.com   
May 12, 2008 10:44 AM

Hawaii's hotels are slightly more crowded than last year, resulting in record revenues. According to Hospitality Advisors, the first quarter room revenues statewide reached a record high of $860 million, 7.5 percent. The strong performance was driven by a 6.6 percent rise in hotel rates to $215 a night, combined with a 1.2 percent increase in occupancy. The Big Island was the lone island that didn't experience a gain in occupancy and average daily rate. Hawaii County had a 1.1 percent drop in occupancy. Maui hotels led the state with 81 percent occupancy.



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Last Updated ( May 14, 2008 07:51 PM )
 

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