Big Island hotels’ occupancy rate at 71% for November 2022

Hotels on the Big Island reported revenue per available room at $266 with the average daily rate at $372 and occupancy of 71.4% for November 2022, according to the Hawai‘i Hotel Performance Report published by the Hawai‘i Tourism Authority.

Big Island hotels revenue per available room (RevPAR) was 10% more than November 2021 and 43.7% more than 2019.

Big Island hotels average daily rate (ADR) was 7.2% more than 201 and 52.5% more than 2019; and occupancy was 1.8 percentage points more versus 2021, but -4.3 percentage points less versus 2019.

Hawai‘i hotels statewide reported stronger revenue per available room and average daily rate and occupancy rate in November 2022 compared to November 2021. When compared to pre-pandemic November 2019, statewide ADR and RevPAR were also higher but the occupancy rate was lower in November 2022.

Statewide RevPAR in November 2022 was $243 (+22.4%), with ADR at $345 (+3.6%) and occupancy of 70.5% (+10.8 percentage points) compared to November 2021.

Compared with November 2019, RevPAR was 17.9% higher, driven by higher ADR (+32.3%) which offset lower occupancy (-8.6 percentage points).

The report’s findings utilized data compiled by STR, Inc., which conducts the largest and most comprehensive survey of hotel properties in the Hawaiian Islands. For November, the survey included 153 properties representing 46,264 rooms, or 83.7% of all lodging properties with 20 rooms or more in the Hawaiian Islands, including those offering full service, limited service, and condominium hotels. Vacation rental and timeshare properties were not included in this survey.

Hawai‘i hotel room revenues statewide totaled $403.7 million (+21.9% vs. 2021, +21.2% vs. 2019) in November. Room demand was 1.2 million room nights (+17.6% vs. 2021, -8.4% vs. 2019) and room supply was 1.7 million room nights (-0.4% vs. 2021, +2.8% vs. 2019). 

Maui County hotels led the counties in November and achieved RevPAR of $351 (+1.0% vs. 2021, +29.7% vs. 2019), with ADR at $538 (+1.4% vs. 2021, +49.5% vs. 2019) and occupancy of 65.2 percent (-0.3 percentage points vs. 2021, -10.0 percentage points vs. 2019).

Kaua‘i hotels earned RevPAR of $273 (+22.4% vs. 2021, +47.5% vs. 2019), with ADR at $364 (+13.2% vs. 2021, +47.0% vs. 2019) and occupancy of 75.1% (+5.6 percentage points vs. 2021, +0.2 percentage points vs. 2019).

O‘ahu hotels reported RevPAR of $186 (+54.5% vs. 2021, -0.5% vs. 2019) in November, ADR at $259 (+14.8% vs. 2021, +13.4% vs. 2019) and occupancy of 71.9% (+18.5 percentage points vs. 2021, -10.1 percentage points vs. 2019).

Tables of hotel performance statistics, including data presented in the report are available for viewing online at: https://www.hawaiitourismauthority.org/research/infrastructure-research/.