Hawaii Hotel Rates on the Rise

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.

Read more... 


Like this story? Subscribe to Daily News & Deals!

Featuring breaking news on the latest product launches, deals, sales promotions, and executive appointments. Be sure to sign-up for this free industry daily newsletter.