Wednesday, 24 Apr 2024

Hawaii Hotels Report Upswing in February Business

Properties are seeing higher revenue per available room, average daily rates and occupancies.


Hawaii Hotels Report Upswing in February Business

Hawaii hotels are witnessing higher revenue per available room (RevPAR), average daily rates (ADR) and occupancies in February 2022 compared to the same periods in 2019 and 2021, according to Hawaii Performance Report, which is compiled by the Hawaii Tourism Authority from STR data.

In February, domestic visitors were allowed to bypass Hawaii's mandatory five-day self-quarantine if they were fully vaccinated or in possession of a negative COVID-19, which in all likelihood helped to bolster the positive numbers.

The data included 84.3 percent of Hawaii's hotel inventory of properties with than 20 rooms. In all, the data included 148 properties and 46,796 rooms.

Statewide, February RevPAR was $253, up 219.8 percent from February 2021, ADR was $351, up 35.2 percent, with an occupancy of 72.1 percent, up 41.6 percent.

Statewide February room revenue was $393.7 million, up 244.3 percent from 2021 and 6.8 percent from 2019. Compared with February 2019, RevPAR was 4 percent higher, driven by ADR increases of 20.3 percent, which offset lower occupancies, which were down 11.3 percentage points.

Room demand stood at 1.1 million room nights, up 154.7 percent from February 2021 and down 11.2 percent from February 2019.

Luxury hotels earned RevPAR of $472, up 149.9 percent from 2021 and 3.3 percent from 2019. ADR was $806, up 11.2 percent from 2021 and 38 percent from 2019; occupancy was 58.6 percent, up 32.5 percentage points from 2021 and down 19.6 percent from 2019.

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