Hotels in the state are reporting higher profits and occupancy for February when compared to 2021 and, in many cases, even compared to 2019.
According to a monthly report from the Hawaiʻi Tourism Authority, hotels in the state saw significant gains in occupancy and two key industry metrics: revenue per available room, or RevPAR, and average daily rate.
Last month, the statewide RevPAR was 4% higher compared to February 2019, averaging $253. This was driven primarily by higher daily room rates which were $351 — a 20% increase compared to 2019.
Occupancy rates were higher last month compared to February 2021 — but were still 11% lower than 2019 levels.
According to the HTA, higher averages in RevPAR and daily room rates offset the lower occupancy numbers.
Maui County led the state in all three categories last month.
Oʻahu hotels remained below 2019 levels, but did see increases to RevPAR, occupancy and daily room rates compared to last year.
Meanwhile, Kauaʻi and Hawaiʻi Island hotels reported double digit increases compared to February 2019.
Hotels in the state reported nearly $394 million in room revenues last month.
