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 lodges statewide reported stronger income per out there room (RevPAR), common day by day charge (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 greater however occupancy charge was decrease in February 2023.
Based on the Hawai‘i Lodge Efficiency 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. In contrast with February 2019, RevPAR was 21.4 % greater, pushed by greater 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 lodges. Trip 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).
Luxurious 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 & Economic system 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 lodges 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 lodges 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).
Inns 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 lodges 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 lodges 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 lodges 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 Community the place she is the Editor-in Chief. She can also be accountable for the day by day operation and the monetary coverage. She holds a Bachelor’s diploma in Tourism Enterprise Administration from the Technical College of Athens and a Grasp in Enterprise Administration (MBA) from the College of Wales.
She has a few years of each tutorial and industrial expertise throughout the journey business. She has written/edited quite a few articles in varied tourism magazines.