How much revenue can one hotel room bring in one year? The answer is well over $50,000, according to new statistics from Hospitality Advisors.
Joe Toy and the gang worked out revpar – revenue per available room – for full year 2015. That means revenue from rooms that were filled is stretched out to include rooms not filled.
Annual revenue per room last year was more than $55,000 on the Big Island. Up 8.2%
Kauai: $63,000. Up 8.5%.
Oahu: $68,000. Up 4.1%.
On Maui: closer to $86,000. Up 9.7%.
This is room revenue, not revenue from restaurants or spa services or store rents. And this is a curious factor, but the lower the occupancy, the lower the cost, since empty rooms need less service than occupied rooms do.
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