Hawai‘i resort room revenues statewide totaled $459.0 million (+16.6% vs. 2022, +24.5% vs. 2019) in February 2023. Room demand was 1.2 million room nights (+6.5% vs. 2022, -6.3% vs. 2019) and room provide was 1.6 million room nights (0.0% vs. 2022, +2.6% vs. 2019).
Hawai‘i inns statewide reported stronger income per accessible room (RevPAR), common every day fee (ADR), and occupancy in February 2023 in comparison with February 2022. When in comparison with pre-pandemic February 2019, statewide ADR and RevPAR had been additionally larger however occupancy fee was decrease in February 2023.
According to the Hawai‘i Hotel Performance Report printed by the Hawai‘i Tourism Authority (HTA), statewide RevPAR in February 2023 was $296 (+16.7%), with ADR at $387 (+9.6%) and occupancy of 76.3 % (+4.6 share factors) in comparison with February 2022. Compared with February 2019, RevPAR was 21.4 % larger, pushed by larger ADR (+32.8%) which offset decrease occupancy (-7.2 share factors).
The report’s findings utilized information compiled by STR, Inc., which conducts the most important and most complete survey of resort properties within the Hawaiian Islands. For February 2023, the survey included 155 properties representing 47,466 rooms, or 85.6 % of all lodging properties with 20 rooms or extra within the Hawaiian Islands, together with these providing full service, restricted service, and condominium inns. Vacation rental and timeshare properties weren’t included on this survey.
Hawai‘i resort room revenues statewide totaled $459.0 million (+16.6% vs. 2022, +24.5% vs. 2019) in February 2023. Room demand was 1.2 million room nights (+6.5% vs. 2022, -6.3% vs. 2019) and room provide was 1.6 million room nights (0.0% vs. 2022, +2.6% vs. 2019).
Luxury Class properties earned RevPAR of $524 (+7.8% vs. 2022, +14.7% vs. 2019), with ADR at $863 (+5.6% vs. 2022, +47.8% vs. 2019) and occupancy of 60.7 % (+1.3 share factors vs. 2022, -17.5 share factors vs. 2019). Midscale & Economy Class properties earned RevPAR of $216 (+17.9% vs. 2022, +27.7% vs. 2019) with ADR at $266 (+9.8% vs. 2022, +36.4% vs. 2019) and occupancy of 81.1 % (+5.6 share factors vs. 2022, -5.5 share factors vs. 2019).
Maui County inns led the counties in February 2023 and achieved RevPAR of $465 (+16.2% vs. 2022, +32.3% vs. 2019), with ADR at $655 (+11.3% vs. 2022, +49.8% vs. 2019) and occupancy of 71.0 % (+3.0 share factors vs. 2022, -9.4 share factors vs. 2019). Maui’s luxurious resort area of Wailea had RevPAR of $658 (+13.4% vs. 2022, +12.6% vs. 2019), with ADR at $1,004 (+17.2% vs. 2022, +54.8% vs. 2019) and occupancy of 65.5 % (-2.2 share factors vs. 2022, -24.6 share factors vs. 2019). The Lahaina/Kā‘anapali/Kapalua area had RevPAR of $423 (+19.4% vs. 2022, +44.9% vs. 2019), ADR at $575 (+10.8% vs. 2022, +56.2% vs. 2019) and occupancy of 73.5 % (+5.3 share factors vs. 2022, -5.8 share factors vs. 2019).
Kaua‘i inns earned RevPAR of $309 (+7.4% vs. 2022, +36.0% vs. 2019), with ADR at $418 (+10.3% vs. 2022, +37.5% vs. 2019) and occupancy of 73.9 % (-2.0 share factors vs. 2022, -0.8 share factors vs. 2019).
Hotels on the island of Hawai‘i reported RevPAR at $332 (+1.7% vs. 2022, +43.3% vs. 2019), with ADR at $432 (+1.3% vs. 2022, +52.1% vs. 2019), and occupancy of 76.8 % (+0.3 share factors vs. 2022, -4.7 share factors vs. 2019). Kohala Coast inns earned RevPAR of $455 (-2.7% vs. 2022, +41.0% vs. 2019), with ADR at $602 (-2.3% vs. 2022, +52.6% vs. 2019), and occupancy of 75.6 % (-0.4 share factors vs. 2022, -6.2 share factors vs. 2019).
O‘ahu inns reported RevPAR of $210 (+25.3% vs. 2022, +3.4% vs. 2019) in February, ADR at $266 (+13.5% vs. 2022, +13.3% vs. 2019) and occupancy of 78.9 % (+7.4 share factors vs. 2022, -7.6 share factors vs. 2019). Waikīkī inns earned RevPAR of $202 (+27.7% vs. 2022, +1.6% vs. 2019), with ADR at $255 (+14.9% vs. 2022, +11.0% vs. 2019) and occupancy of 79.2 % (+7.9 share factors vs. 2022, -7.4 share factors vs. 2019).
Vicky is the co-founder of TravelDailyNews Media Network the place she is the Editor-in Chief. She can be answerable for the every day operation and the monetary coverage. She holds a Bachelor’s diploma in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has a few years of each educational and industrial expertise inside the journey trade. She has written/edited quite a few articles in numerous tourism magazines.