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Maui County led Hawai’i in income per out there rooms at $344 for October 2022 : Maui Now

Hawai’i inns statewide reported stronger income per out there room (RevPAR), and common each day price (ADR) and occupancy price in October 2022 in comparison with October 2021.

When in comparison with pre-pandemic October 2019, statewide ADR and RevPAR additionally had been increased however the occupancy price was decrease in October 2022, in response to the Hawai’i Resort Efficiency Report revealed by the Hawai’i Tourism Authority.

Maui County inns led Hawai’i in October 2022, reaching RevPAR of $344 (+15.5% vs. 2021, +33.4% vs. 2019). Its common each day price was $528 (+7.8% vs. 2021, +56.4% vs. 2019) and its occupancy was 65.1% (+4.4 share factors vs. 2021, -11.2 share factors vs. 2019).

Maui’s luxurious resort area of Wailea had RevPAR of $448 (+18.7% vs. 2021, +1.2% vs. 2019), ADR at $830 (+24.6% vs. 2021, +65.9% vs. 2019) and occupancy of 53.9% ( -2.7 share factors vs. 2021, -34.5 share factors vs. 2019).

The Lahaina/Kā’anapali/Kapalua area had RevPAR of $324 (+23.8% vs. 2021, +51.5% vs. 2019), ADR at $472 (+12.4% vs. 2021, +63.1% vs. 2019) and occupancy of 68.7% (+6.3 share factors vs. 2021, -5.3 share factors vs. 2019).

ARTICLE CONTINUES BELOW AD
ARTICLE CONTINUES BELOW AD

Statewide, RevPAR in October 2022 was $243 (+43.8%), with ADR at $338 (+9.6%) and occupancy of 72.% (+17.2 share factors) in comparison with October 2021.

In comparison with October 2019, RevPAR was 20% increased, pushed by increased ADR (+32.4%) which offset decrease occupancy (-7.5 share factors).

The report’s findings used knowledge compiled by STR, Inc., which conducts the biggest and most complete survey of lodge properties within the Hawaiian Islands.

For October, the survey included 154 properties representing 46,546 rooms, or 84.1% of all lodging properties with 20 rooms or extra within the Hawaiian Islands, together with these providing full service and restricted service, in addition to condominium inns. Trip leases and timeshare properties weren’t included on this survey.

ARTICLE CONTINUES BELOW AD

Hawai’i lodge room revenues statewide totaled $417.9 million (+43.6% vs. 2021, +23.8% vs. 2019) in October. Room demand was 1.2 million room nights (+31.0% vs. 2021, -6.5% vs. 2019) and room provide was 1.7 million room nights (-0.2% vs. 2021, +3.2% vs. 2019).

Luxurious Class properties earned RevPAR of $401 (+31.9% vs. 2021, +14.1% vs. 2019), with ADR at $728 (+9.4% vs. 2021, +53.0% vs. 2019) and occupancy of 55.1% (+9.4 share factors vs. 2021, -18.8 share factors vs. 2019).

Midscale & Economic system Class properties earned RevPAR of $168 (+27.1% vs. 2021, +28.1% vs. 2019) with ADR at $214 (+0.0% vs. 2021, +32.8% vs. 2019) and occupancy of 78.3% (+ 16.7 share factors vs. 2021, -2.9 share factors vs. 2019).

Kaua’i inns earned RevPAR of $287 (+41.4% vs. 2021, +56.4% vs. 2019), with ADR at $364 (+18.8% vs. 2021, +43.6% vs. 2019) and occupancy of 78.7 p.c (+ 12.6 share factors vs. 2021, +6.4 share factors vs. 2019).

ARTICLE CONTINUES BELOW AD

Motels on the island of Hawai’i reported RevPAR at $271 (+41.9% vs. 2021, +53.8% vs. 2019), with ADR at $361 (+16.8% vs. 2021, +51.6% vs. 2019), and occupancy of 75.1% (+13.3 share factors vs. 2021, +1.1 share factors vs. 2019).

Kohala Coast inns earned RevPAR of $360 (+27.9% vs. 2021, +53.5% vs. 2019), with ADR at $535 (+10% vs. 2021, +66.9% vs. 2019), and occupancy of 67.2% (+ 9.4 share factors vs. 2021, -5.9 share factors vs. 2019).

O’ahu inns reported RevPAR of $186 (+80.1% vs. 2021, -1.4% vs. 2019) in October, ADR at $254 (+20.3% vs. 2021, +11.5% vs. 2019) and occupancy of 73.2% ( +24.3 share factors vs. 2021, -9.6 share factors vs. 2019).

Waikīkī inns earned RevPAR of $179 (+87.6% vs. 2021, -5.3% vs. 2019), with ADR at $244 (+24.2% vs. 2021, +7.7% vs. 2019) and occupancy of 73.3% (+24.8 share factors vs. 2021, -10 share factors vs. 2019).

Tables of lodge efficiency statistics, together with knowledge introduced within the report can be found for viewing on-line at: https://www.hawaiitourismauthority.org/analysis/infrastructure-research/.

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