Island’s hotels register a gain in occupancy

Maui hotel occupancy for June rose 2.3 percentage points over last June to 69.7 percent, the only island in the state to register a gain for the month, according to Hospitality Advisors and Smith Travel Research.

Overall statewide occupancy fell for June to 75.4 percent, a nearly 1 percentage point decline from last June. Oahu showed a 0.6 percentage point decline to 84.6 percent; the Big Island, a 4.5 percentage point fall to 57.4 percent; and Kauai, a 7.3 percentage point decline to 66.6 percent.

Those declines elsewhere in the state did not impact statewide total revenues, which set a new record of $290 million for June, the report said. Room rates and revenue per available room, or RevPAR, set records for the month as well, $225.34 and $161.91 respectively.

On Maui, the occupancy growth was driven by gains in the Lahaina-Kaanapali-Kapalua region and “other Maui areas,” the report said. The west side region showed an occupancy of 71.1 percent, up from 70.2 percent in June 2012, and the “other Maui areas” grew from 64.1 percent last June to 68.1 percent.

Wailea occupancy dipped for the month from 73.3 percent to 71.1 percent in June.

The average daily room rate for Maui rose 5.1 percent to $275.79 and the RevPAR grew 8.7 percent to $192.23.

And while Wailea showed a decline in occupancy, its room rates jumped 12.8 percent from the previous June to $444.95; RevPAR grew a hefty 9.5 percent to $316.36.

For the west side, room rates rose 4.4 percent to $246.56, with RevPAR rising too, by 5.7 percent to $175.30. The other areas of Maui showed room rates rising to $311.06 (5 percent) and RevPAR to $211.83 (11.6 percent).

Looking at the January-June period, hotel revenues for Hawaii reached a new high for the period, $2.66 billion, an 11.9 percent gain from the same period last year.

The report said that the gains were driven by an increase in Hawaii’s room rates, which grew 11.4 percent to $225.49 for the first six months, compared to the same period in 2012.

On Maui, the gains were more modest for the half year with hotels 75.1 percent full, a 1.2 percentage point hike. The occupancy growth was attributed to a 3.8 percent increase in visitor arrivals primarily from the U.S. West, up 4.6 percent; Japan, up 20.2 percent; and Canada, up 2.2 percent.

Room rates rose 5.1 percent to $280.02 and RevPAR improved 6.8 percent to $210.30 for the January-June period compared to last year.

Occupancy for the luxury resort region of Wailea hit 78.7 percent, up 0.8 percentage points, and room rates rose to $434.64 or 7.7 percent higher for the half year compared to the same period last year.

For the west side, room rates rose 5.3 percent to $250.64 and RevPAR moved up 5 percent to $189.23 for the January-to-June period.

Other Maui room rates rose 4.2 percent to $314.42, with RevPAR up 8.2 percent to $234.87 for the half year.

The June survey included 160 properties and 48,168 rooms, or 84.7 percent of all lodging properties with 20 or more rooms in Hawaii. The survey generally excludes properties with less than 20 units, such as small bed-and-breakfasts and single-family vacation rentals and condominiums.