Hotel occupancy spikes in Waikiki - Hawaii News Now - KGMB and KHNL

Hotel occupancy spikes in Waikiki

By Howard Dicus - bio | email

HONOLULU (HawaiiNewsNow) - Oahu hotel occupancy rose to 84% last week as Waikiki hotels filled up for vacationers and professional meeting attendees.

The occupancy level was up 11 percentage points from 73 percent the previous week, and it was 12 points better than the same time last week, Hospitality Advisors LLC said Friday.

Room rates averaged $174 a night, up 18 percent from year-ago levels. Actual Waikiki room rates vary widely according to ocean proximity, though no part of Waikiki is more than a few blocks from the water.

Maui hotel occupancy was 76 percent, two points better than the week before and nine points better than year-before levels, with room rates up 20 percent to an average $266 a night.

Kauai hotel occupancy was flat at 62 percent, though it was 10 points better than last year at the same time. Room rates were down 15 percent from year-before levels but still high, $210 a night. Upscale and luxury hotel rates on Kauai often track average rates on Maui.

Big Island occupancy fell two points to 58 percent, still five points better than last year at the same time, with room rates averaging $173, down 12% from year-ago levels.

U.S. hotel occupancy for the same week was 63 percent, with 73 percent in Los Angeles and 72 percent in Orlando, Smith Travel Research LLC reported.

Copyright 2011 by HawaiiNewsNow. All rights reserved.

Powered by Frankly