Hawaii hotels see decrease in revenue and occupancy

Hawaii hotel room revenues statewide rose to $270.0 million (+908.7% vs. 2020, -13.2% vs. 2019) in September. Room demand was 887,100 room nights (+397.6% vs. 2020, -29.8% vs. 2019) and room supply was 1.6 million room nights (+85.9% vs. 2020, +0.4% vs. 2019). Many properties closed or reduced operations starting in April 2020 due to the COVID-19 pandemic. Due to these supply reductions, comparative data for certain markets and prices classes were not available for 2020; and comparisons to 2019 have been added.

Luxury Class properties earned RevPAR of $308 (+1,364.2% vs. 2020, -4.7% vs. 2019), with ADR at $664 (+149.9% vs. 2020, +45.6% vs. 2019) and occupancy of 46.4 percent (+38.5 percentage points vs. 2020, -24.4 percentage points vs. 2019). Midscale & Economy Class properties earned RevPAR of $159 (+273.1% vs. 2020, +23.7% vs. 2019) with ADR at $281 (+147.3% vs. 2020, +77.0% vs. 2019) and occupancy of 56.4 percent (+19.0 percentage points vs. 2020, -24.3 percentage points vs. 2019). 

Maui County hotels led the counties in September and achieved RevPAR that surpassed September 2019. RevPAR was $289 (+958.5% vs. 2020, +25.2% vs. 2019), with ADR at $488 (+233.1% vs. 2020, +54.4% vs. 2019) and occupancy of 59.2 percent (+40.6 percentage points vs. 2020, -13.8 percentage points vs. 2019). Maui’s luxury resort region of Wailea had RevPAR of $366 (-3.5% vs. 2019), with ADR at $682 (+48.1% vs. 2019) and occupancy of 53.7 percent (-28.7 percentage points vs. 2019). The Lahaina/Kaanapali/Kapalua region had RevPAR of $258 (+1,828.6% vs. 2020, +30.0% vs. 2019), ADR at $416 (+208.1% vs. 2020, +50.6% vs. 2019) and occupancy of 62.0 percent (+52.1 percentage points vs. 2020, -9.8 percentage points vs. 2019).

Kauai hotels earned RevPAR of $209 (+812.3% vs. 2020, +26.2% vs. 2019), with ADR at $316 (+107.9% vs. 2020, +32.8% vs. 2019) and occupancy of 66.1 percent (+51.1 percentage points vs. 2020, -3.4 percentage points vs. 2019). 

Hotels on the island of Hawaii reported RevPAR at $172 (+530.0% vs. 2020, +12.8% vs. 2019), with ADR at $307 (+137.6% vs. 2020, +38.7% vs. 2019), and occupancy of 56.0 percent (+34.9 percentage points vs. 2020, -12.9 percentage points vs. 2019). Kohala Coast hotels earned RevPAR of $246 (+19.5% vs. 2019), with ADR at $476 (+54.1% vs. 2019), and occupancy of 51.6 percent (-15.0 percentage points vs. 2019).

Oahu hotels reported RevPAR of $110 (+214.6% vs. 2020, -42.8% vs. 2019) in September, ADR at $212 (+36.3% vs. 2020, -6.2% vs. 2019) and occupancy of 51.8 percent (+29.4 percentage points vs. 2020, -33.1 percentage points vs. 2019). Waikiki hotels earned $104 (+243.4% vs. 2020, -46.0% vs. 2019) in RevPAR with ADR at $199 (+30.6% vs. 2020, -11.1% vs. 2019) and occupancy of 52.0 percent (+32.2 percentage points vs. 2020, -33.7 percentge points vs. 2019).