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Hotel room rates jump on Kaua‘i

LIHU‘E — One of the factors in the surge of visitor spending in February can be traced to the accommodation sector, where hotel revenue statewide came in well above the same period a year ago.

Hawai‘i hotel room revenues weighed in at $459 million in February, which was up 16.6 percent from February 2022, and up 24.5 percent from February 2019, according to the Hawai‘i Hotel Performance Report published by the Hawai‘i Tourism Authority.

The increase in revenues came on the back of stronger room demand, which measured 1.2 million room nights in February. That was up 6.5 percent in February, but down 6.3 percent in February 2019.

Hotels on Kaua‘i were a key contributor to the overall numbers, as evidenced by an average daily room rate of $418 in February. That was 10.3 percent higher than February 2022, and 37.5 percent above February 2019.

Hotels on Maui were the priciest, with an average daily rate of $655, which was up 11.3 percent from February 2022 and up 49.8 percent from February 2019.

Hotels on Hawai‘i Island weighed in with an average daily rate of $432 in February, up 1.3 percent from February 2022 and up 52.1 percent from February 2019.

Hotels on O‘ahu recorded an average daily rate of $266 in February, an increase of 13.5 percent over February 2022 and up 13.3 percent in February 2019.

Results from the report were derived from a survey of 155 properties that represented 47,466 rooms, or 85.6 percent of all lodging properties with 20 rooms or more in the Hawaiian Islands. That roster of properties includes full service, limited service and condominium hotels.

More narrowly, the survey included 78 properties on O‘ahu, which represented 29,056 rooms; 41 properties on Maui, which represented 9,829 rooms; 16 properties on Hawai‘i Island, which represented 4,879 rooms; and 20 properties on Kaua‘i, which represented 3,702 rooms.

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Wyatt Haupt Jr., editor, can be reached at 808-245-0457 or whaupt@thegardenisland.com.
Source: The Garden Island

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