Thursday, July 2, 2009, 2:48pm HAST
Hawaii hotel rates, occupancy drop
Hawaii hotel room rates continue to drop by double digits on most islands.
For the week ending June 27, the statewide average was $175 a night, down 17.4 percent from the same week last year.
Hotel occupancy slipped as well across the state, down 4 percentage points to 71.6 percent.
Occupancy and room rates for the four main Hawaiian islands were as follows:
• Oahu occupancy dipped 2.6 percentage points to 76.1 percent, while room rates declined 14.8 percent to $150;
• Maui occupancy edged up 0.7 percentage points to 70.4 percent, while room rates plunged 25.1 percent to $229;
• Kauai occupancy was down 11.7 percentage points to 69 percent, while room rates plummeted 18.1 percent $184; and
• Big Island occupancy fell 11.8 percentage points to 60.2 percent, while room rates dropped 7.2 percent to $170.
Nationally, hotel occupancy fell 6.2 percentage points to 65.4 percent, while room rates dropped 9.5 percent to $97.
The weekly Hawaii hotel industry snapshot is surveyed by Hospitality Advisors and Smith Travel Research.
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