Maui County led Hawaii in revenue per available room with $344 for October 2022: Maui Now

Hotels statewide in Hawaii reported higher RevPAR and Average Daily Rate (ADR) and occupancy rates in October 2022 compared to October 2021.

Compared to October 2019 before the pandemic, statewide ADR and RevPAR were also higher, but the occupancy rate was lower in October 2022, according to the Hawai’i Hotel Performance Report released by the Hawai’i Tourism Authority.

Maui County hotels led Hawaii in October 2022 with a RevPAR of $344 (+15.5% vs. 2021, +33.4% vs. 2019). The average daily rate was $528 (+7.8% vs 2021, +56.4% vs 2019) and occupancy was 65.1% (+4.4 percentage points vs 2021, -11.2 percentage points vs 2019).

Maui’s luxury resort region of Wailea had a RevPAR of $448 (+18.7% vs. 2021, +1.2% vs. 2019), an ADR of $830 (+24.6% vs. 2021, +65.9% vs. 2019), and an occupancy rate of 53.9% (-2.7 percentage points vs. 2021, -34.5 percentage points vs. 2019).

The Lahaina/Kā’anapali/Kapalua region had a RevPAR of $324 (+23.8% vs 2021, +51.5% vs 2019), an ADR of $472 (+12.4% vs 2021, +63, 1% vs. 2019) and an occupancy rate of 68.7% (+6.3 percentage points vs. 2021, -5.3 percentage points vs. 2019).

ARTICLE CONTINUES BELOW AD
ARTICLE CONTINUES BELOW AD

Nationally, the RevPAR in October 2022 was $243 (+43.8%) with an ADR of $338 (+9.6%) and an occupancy rate of 72.% (+17.2 percentage points) compared to October 2021 .

Compared to October 2019, RevPAR was 20% higher due to higher ADR (+32.4%) offsetting lower utilization (-7.5 percentage points).

The report’s findings are based on data compiled by STR, Inc., which conducts the largest and most comprehensive survey of hotel properties in the Hawaiian Islands.

For October, the survey included 154 hotels with 46,546 rooms, or 84.1% of all lodging establishments with 20 rooms or more in the Hawaiian Islands, including full-service and limited-service hotels and condominiums. Vacation rentals and timeshare properties are not included in this survey.

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Revenue from hotel rooms in Hawaii was $417.9 million nationwide in October (+43.6% vs 2021, +23.8% vs 2019). Room demand was 1.2 million nights (+31.0% vs 2021, -6.5% vs 2019) and room supply was 1.7 million nights (-0.2% vs 2021, +3.2% vs 2019) .

Luxury real estate achieved a RevPAR of $401 (+31.9% vs. 2021, +14.1% vs. 2019), with an ADR of $728 (+9.4% vs. 2021, +53.0% vs. 2019) and an occupancy rate of 55.1% (+9.4% compared to 2019). percentage points vs. 2021, -18.8 percentage points vs. 2019).

Midscale and economy class hotels achieved a RevPAR of $168 (+27.1% vs 2021, +28.1% vs 2019) with an ADR of $214 (+0.0% vs 2021, +32.8). % compared to 2019) and an occupancy rate of 78.3% (+16.7 percentage points vs. 2021, -2.9 percentage points vs. 2019).

Hotels in Kaua’i generated RevPAR of $287 (+41.4% vs 2021, +56.4% vs 2019), with an ADR of $364 (+18.8% vs 2021, +43.6% vs 2019) and an occupancy rate of 78.7% (+12.6 percentage points vs. 2021, +6.4 percentage points vs. 2019).

ARTICLE CONTINUES BELOW AD

Hotels on the island of Hawaii reported RevPAR of $271 (+41.9% vs 2021, +53.8% vs 2019), ADR of $361 (+16.8% vs 2021, +51.6% vs 2019 ) and an occupancy rate of 75.1% (+13.3 percentage points vs. 2021, +1.1 percentage points vs. 2019).

Hotels on the Kohala Coast generated $360 RevPAR (+27.9% vs 2021, +53.5% vs 2019), with an ADR of $535 (+10% vs 2021, +66.9% vs 2019) and an occupancy rate of 67.2% (+9.4 percentage points vs. 2021, -5.9 percentage points vs. 2019).

O’ahu hotels reported October RevPAR of $186 (+80.1% vs 2021, -1.4% vs 2019), ADR of $254 (+20.3% vs 2021, +11.5). % compared to 2019) and an occupancy rate of 73.2% (+24.3 percentage points vs. 2021, -9.6 percentage points vs. 2019).

Waikīkī hotels generated RevPAR of $179 (+87.6% vs 2021, -5.3% vs 2019), with an ADR of $244 (+24.2% vs 2021, +7.7% vs 2019) and an occupancy rate of 73.3% (+24.8%). points vs. 2021, -10 percentage points vs. 2019).

Tables of hotel performance statistics, including data presented in the report, can be viewed online at: https://www.hawaiitourismauthority.org/research/infrastructure-research/.

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