Hawaii Hotels Log Record January

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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