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Hawaii Hotels Log Record January

March 2, 2006 By: Camie Foster Travel Agent

Hawaii's hotel industry set monthly records for average daily rate and revenue per available rooms in January, according to the latest monthly report released by Honolulu-based Hospitality Advisors. ADR statewide rose by 12.7 percent over January 2005 for a new high of $180.02. RevPAR statewide climbed 14.1 percent to $146.84. January's occupancy grew by 1 percent to 81.6 percent statewide. Although visitor arrivals and visitor days are on the rise, says Joseph Toy, president of Hospitality Advisors, increases in occupancy are being driven primarily by a reduction in rooms inventory because of property conversions and rooms that are unavailable because of property renovation or redevelopment.

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