Maui Hotels Top State in Revenue For FebruaryMarch 18, 2020, 10:56 AM HST · Updated March 18, 11:15 AM 14 Comments
Among Hawaiʻi’s four island counties, Maui County hotels led the state overall in revenue per available room during February, the Hawaiʻi Tourism Authority announced today.
Hotels throughout Maui County saw an 11 percent increase in revenue per available room (RevPAR) and a 10 percent rise in average daily rate (ADR) for the month compared to the same time last year.
About 82 percent of rooms in Maui County hotels were occupied in February, a 1 percent increase from last year.
Hotels in Wailea, which the HTA called “Mauiʻs luxury resort region,” topped the state with RevPAR of $628, a 7 percent increase from last year, and ADR of $705, a 9 percent increase from last year.
Rooms at hotels in Wailea were 89 percent occupied, a 1 percent drop from the year before.
In February, Hawaiʻi hotels statewide reported growth in RevPAR, ADR, and occupancy compared to the same time last year.
Statewide RevPAR increased 8 percent to $263, ADR rose 6 percent to $310, and occupancy grew 1 percent to 85 percent.
Throughout the month, Hawaiʻi hotel room revenues statewide grew by 7 percent to $394.6 million.
Room demand was slightly higher year-over-year, offsetting approximately 12,100 fewer available room nights, according to the HTA.
HTA’s Tourism Research Division compiled the report using data from STR, Inc.
Scroll Down to Read 14 Comments