Hawaii ranks high compared to international “sun and sea” destinations
Sun and sea destinations abound around the globe, but time and time again, Hawaii ranks at the top for chosen ocean holidays.
Sun and sea destinations abound around the globe, but time and time again, the Aloha state of Hawaii ranks at the top for chosen ocean holidays.
Hawaii hotels statewide recorded the highest revenue per available room (RevPAR) and average daily rate (ADR) of the top U.S. markets in the first six months of 2018, according to the Hawaii Hotel Performance Report released today by the Hawaii Tourism Authority (HTA).
Year-to-date, RevPAR in the Hawaiian Islands grew to $229 (+7.9%), ADR rose to $280 (+6.0%) and occupancy increased to 81.7 percent (+1.4 percentage points) in the first half of 2018 compared to the same period last year (Figure 1).
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.
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All classes of Hawaii’s hotel properties statewide reported RevPAR growth in the first half of 2018, with Midscale & Economy Class hotels ($139, +13.9%) and Upscale Class hotels ($163, +10.5%) both reporting double-digit increases compared to a year ago. Luxury Class hotels also performed well, earning RevPAR of $432 (+9.9%), which was driven by increases in both ADR to $562 (+8.0%) and occupancy of 76.9 percent (+1.3 percentage points).
Read the full article at hawaiinews.online.