Report: Wailea Leads State in RevPAR for January at $611February 20, 2020, 10:38 AM HST · Updated February 24, 7:35 AM 0 Comments
Maui County led the state in overall revenue per available room or RevPAR at $367 (up 11.1 percent), while the resort area of Wailea in South Maui had the highest RevPAR in the state at $611 (up 9.4 percent).
The data was included in the Hawaiʻi Hotel Performance Report published by the Hawaiʻi Tourism Authority, and based on data compiled by STR, Inc.
The report also noted that Maui had increases in both ADR to $478 (up 8.8 percent) and occupancy of 77.2 percent (up 1.5 percentage points) in January.
Statewide, Hawaiʻi hotels started the year off strong and reported growth in RevPAR to $264 (up 11.7 percent), average daily rate increased to $314 (up 5.6 percent) and occupancy grew to 84.1 percent ( up 4.6 percentage points) compared to January 2019.
In January, Hawaiʻi hotel room revenues statewide grew by 10.8 percent to $439.4 million. Room demand grew by 5 percent, or nearly 66,000 room nights, offsetting the nearly 13,400 fewer available room nights (down 0.8 percent) compared to a year ago, according to the HTA.
January 2020 data for other counties included the following:
Oʻahu hotels reported 12.9 percent growth in RevPAR to $223 in January. ADR increased to $254 (up 5.7 percent) and occupancy rose to 88.0 percent (up 5.6 percentage points).
Hotels on Hawaiʻi Island earned RevPAR of $261 (up 14.1 percent) in January, with increases in both occupancy (82 percent, up 5.2 percentage points) and ADR ($318, up 6.9 percent).
Kauaʻi hotels’ RevPAR grew to $254 (up 6.9 percent) in January, with higher ADR ($322, up 0.6 percent) and occupancy (79.1 percent, up 4.6 percentage points).