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Report Offers Details on Hawaii's Hotel Occupancy RatesAugust 23, 2010 By: Jena Tesse Fox
The Honolulu Star Advertiser has a fascinating report (courtesy of Hospitality Advisors LLC) about the occupancy rates in Hawaii's hotel rooms.
According to the report, statewide hotel occupancy improved 9.6 percent (to 71.4 percent) in June, but the average daily room rate dropped to $169.68, a 1.5 percent decline from the same time period last year. The report also states that Hawaii's hotel room revenue grew 3.1 percent to $1.21 billion during the first six months of the year.
Read the rest of the article at www.StarAdvertiser.com.