Great news from the Aloha State: The Honolulu Star-Advertiser is reporting that more than a year into the recovery of Hawaii's tourism sector, some hotel owners are finally gaining the leverage needed to raise room rates significantly.
The average daily rate for a hotel room went up 3.9 percent to $168.81 in November from the same month a year earlier, the biggest increase in nearly three years, according to a report from Hospitality Advisers and Smith Travel Research.
The rate increase was paired with a sharp rise in November's occupancy rate to 67.8 percent from 61.1 percent the same month a year earlier.
November's increase in average room rates was concentrated on Oahu and Maui. Rates declined on Hawaii island and were unchanged on Kauai.
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