If you’ve been to Hawaii recently, the news that Hawaii hotels top the nation for average rates in 2019 should come as no surprise to you. Unfortunately, I doubt things will change much this year too.
Occupancy Rates
According to the Honolulu Star-Advertiser, during 2019, the average occupancy rate across Hawaii was 81.20%. That represents a nearly 1% increase over the previous year. Oahu, though, saw occupancy rates of 84.20% for 2019, which was roughly the same as the year before. Kauai was the only island that saw an occupancy rate decline, though no numbers were given.
Average Rates
Hawaii’s overall average hotel rate was up around 3% for 2019, at about $283 per night. The lowest average rates were on Oahu, which saw a 2% increase for 2019 to $241 per night. The highest? Maui, which came in at $339 per night.
Revenue Per Available Room
Revenue per available room or RevPAR is a measure of overall health, as it represents the revenue earned per room in a hotel regardless of occupancy. The state average RevPAR grew 4% in 2019 to $229. On Oahu, that number was lower at $203. Kauai was lower, though, again, no numbers were given. The Big Island, though, was slightly higher than Oahu at $205, and Maui was the highest at $310.
Hawaii Hotels Top the Nation for Average Rates in 2019, Final Thoughts
There’s no denying it, room rates in Hawaii are astronomically high. And with Hawaii’s record-breaking tourism numbers, I expect rates to continue to increase. Luckily for us, though, there are ways we can mitigate those costs. After all, we can book stays using points and miles or even a combination of points and miles and cash. Unfortunately, most Marriott properties in Hawaii are astronomically expensive. There are some excellent deals out there, though, if you know where to look. The Hyatt Centric Waikiki Beach, for example, would be one of them.
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Written by Jeffsetter Travel @ https://www.jeffsetter.com
Written by Jeffsetter Travel @ https://www.jeffsetter.com