Home Hotel industry Hawaii hotel revenue continues to approach pre-pandemic levels

Hawaii hotel revenue continues to approach pre-pandemic levels

0

Hotel revenues in December topped last year’s numbers and nearly matched pre-pandemic numbers.

Hawaii hotels statewide saw significantly higher revenue per available room, average daily rate and occupancy in December 2021 compared to December 2020, when the state’s quarantine order for travelers due to the COVID-19 pandemic has led to a dramatic decline in the hospitality industry, according to data provided by the Hawaii Tourism Authority. Compared to December 2019, the statewide average daily rate, or ADR, and revenue per room, or RevPAR, were higher in December 2021, but occupancy rates declined.

“Hawaii’s hotels continued their ascent in December, with strong RevPAR and ADR helping to end the year on a high note and sustain employment on the islands,” said John De Fries, president and CEO of the management of the Hawaii Tourism Authority, in a press release. Tuesday January 25. “Domestic leisure market demand remained strong during the holidays, despite global uncertainty over the impact of the Omicron variant on travel. However, business, group and international travel continue to be under pressure. lagging behind pre-pandemic performance levels.

According to the Hawaii Hotel Performance Report published by the Hawaii Tourism Authority, HTA, the statewide RevPAR in December 2021 was $305 (+341.9%), with an ADR of $419 (+44, 2%) and an occupancy rate of 72.7% (+49 percentage points) compared to December 2020. Compared to December 2019, RevPAR increased by 7.6%, thanks to a higher ADR ( +18.8%) which compensated for lower occupancy (-7.5 percentage points).

Tables of hotel performance statistics, including the data presented in the report, can be viewed online here.

THE ARTICLE CONTINUES UNDER THE AD

See the full press release here.

THE ARTICLE CONTINUES UNDER THE AD

In December 2021, domestic passengers could bypass the state’s mandatory 10-day self-quarantine if fully vaccinated in the United States or with a valid negative NAAT COVID-19 test result from a testing partner before they depart via Safe Travels program. Beginning December 6, passengers arriving on direct international flights were subject to federal entry requirements to the United States which included proof of a negative COVID-19 test result taken within 24 hours of travel or documentation showing that they had recovered from COVID-19 within the past 90 days, prior to their flight.

Hawaii hotel room revenue statewide reached $518 million (+375.8% from 2020, +9.6% from 2019) in December. Room demand was 1.2 million nights (+230.0% vs. 2020, -7.7% vs. 2019) and room supply was 1.7 million nights (+7.7 % vs. 2020, +1.8% vs. 2019) (Figure 2). Many properties have closed or reduced operations from April 2020 due to the COVID-19 pandemic.

Maui County hotels led counties in December and achieved higher RevPAR than December 2019.

THE ARTICLE CONTINUES UNDER THE AD

Hotels on the island of Hawaii posted a RevPAR of $359 (+318.2% vs. 2020, +37.3% vs. 2019), with an ADR of $489 (+50.9% compared to 2020, +48.6% compared to 2019) and an occupancy rate of 73.5% (+47.0 percentage points compared to 2020, -6.1 percentage points compared to 2019 ). Hotels on the Kohala Coast achieved a RevPAR of $581 (+298.2% vs. 2020, +49.2% vs. 2019), with an ADR of $830 (+52.6% vs. in 2020, +68.7% compared to 2019) and an occupancy rate of 69.9% (+43.1 percentage points compared to 2020, -9.1 percentage points compared to 2019).

The report’s findings used data compiled by STR, Inc., which conducts the largest and most comprehensive survey of hotel properties in the Hawaiian Islands. For December, the survey included 148 properties representing 46,751 rooms, or 85.3% of all lodging properties with 20 or more rooms in the Hawaiian Islands, including those with full service, limited service and hotels. in joint ownership. Vacation rental and timeshare properties were not included in the survey.