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Hawaii Hotel Industry Improves

Hawaii hotel industry continues to recover

Jul 07, 2010

HONOLULU - A local travel industry consulting firm says Hawaii's hotel industry continues on the path to recovery.

Hospitality Advisors LLC says hotel occupancy throughout the islands climbed to 65.4 percent in May, up from the 61 percent posted in May 2009.

According to the company, statewide occupancy has now increased in eight of the last nine months.

The average daily room rate slipped by 3.4 percent in May to about $160.

However, Hospitality Advisors says increased occupancy helped revenue per available room, a key gauge of a hotel profitability and performance, increase for the third consecutive month to $104.67.

Hospitality Advisors said it expects to see continued improvement in room demand through the rest of summer.

Hawaii hotel industry continues to recover
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Source: AP

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