Stats: RevPAR for Hawaii Hotels Spiked 5.5 Percent in November

Hotels in the Hawaiian Islands earned more revenue per available room (RevPAR) in November at $190 ( up 5.5 percent) compared to a year ago, according to the Hawaii Hotel Performance Report by the Hawaii Tourism Authority (HTA). 

Additionally, both average daily rate (ADR) in November at $243 (up 1.4 percent) and occupancy at 78.5 percent (up three percentage points) grew year-over-year.

HTA’s Tourism Research Division issued the report’s findings utilizing data compiled by STR, Inc., which conducts the largest and most comprehensive survey of hotel properties in the Hawaiian Islands.

“November was a good month for hotel properties as a whole, as RevPAR increased statewide and for each island county, most notably on the neighbor islands,” said Jennifer Chun, the HTA’s director of tourism research, in a written release. “These across-the-board increases help support jobs and families in each county and generate increased state tax revenue, which ultimately helps to fund community needs statewide.”

All classes of hotel properties in Hawaii earned more per available room in November compared to a year ago. "Midscale" and "Economy Class" hotels charted the highest RevPAR growth statewide for November to $111 (up 18.4 percent), boosted by growth in both occupancy at 79.1 percent (up 10.1 percentage points) and ADR at $140 (up 3.3 percent).

"Upper Upscale Class" properties statewide achieved the highest occupancy rate at 83.6 percent (up 1.2 percentage points) in November, however, ADR for this class of hotel properties remained unchanged from a year ago.

All four island counties in Hawaii achieved higher RevPAR in November year-over-year. Hotels in Maui County recorded the highest RevPAR at $236 (up 6.5 percent), supported by growth in both ADR to $314 (up 4.7 percent) and occupancy at 75.2 percent (up 1.2 percentage points).

Kauai hotels earned the largest gain in RevPAR to $168 (up 13 percent) in November, boosted by increases in ADR to $232 (up 4.2 percent) and occupancy at 72.5 percent (+5.6 percentage points).

Hotels on Hawaii Island achieved the highest rate of growth in occupancy at 73.2 percent, up 10.8 percentage points, in November. This drove the island’s RevPAR growth to $167 (up 12.9 percent), despite the ADR declining to $228 (down 3.8 percent).

Oahu hotels reported a small increase in RevPAR to $180 (up 2.3 percent), with modest growth in occupancy at 82.1 percent (+1.5 percentage points) offsetting flat ADR of $219 (up 0.4 percent). Waikiki hotels performed similarly to last November.

Hotels in Hawaii’s luxury resort areas performed well in November compared to a year ago, with Wailea leading the state in RevPAR to $409 (up 13.2 percent), ADR to $489 (up 7.5 percent), and occupancy at 83.8 percent (up 4.2 percentage points ). The Lahaina-Kaanapali-Kapalua resort area reported growth in RevPAR to $194 (up 4.4 percent) and ADR to $258 (up 2.6 percent), with occupancy at 75.1 percent (up 1.3 percentage points).

The Kohala Coast resort area reported strong growth in RevPAR to $231 (up 8.5 percent), driven by an increase in occupancy at 69.6 percent (up 6 percentage points), which offset a slight dip in ADR to $333 (down 0.9 percent).

Year-to-date through November, Hawaii hotels statewide reported growth in RevPAR to $208 (up 5.7 percent), ADR to $259 (up 4.2 percent) and occupancy at 80.2 percent (up 1.1 percentage points).

Visit www.hawaiitourismauthority.org

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