Business

Big Island hotels at 70% occupancy for August 2023

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Photo Courtesy: Hawai‘i Hotel Performance Report

The Hawai‘i Tourism Authority has issued its August 2023 Hawai‘i Hotel Performance Report.

Hotels on the Big Island reported revenue per available room (RevPAR) at $302 (-2.2% vs. 2022, +33.3% vs. 2019), with average daily rate (ADR) at $436 (+2.8% vs. 2022, +55.7% vs. 2019), and occupancy of 69.3% (-3.6 percentage points vs. 2022, -11.6 percentage points vs. 2019).

Kohala Coast hotels earned RevPAR of $440 (-2.7% vs. 2022, +28.5% vs. 2019), with ADR at $584 (-8.7% vs. 2022, +43.8% vs. 2019), and occupancy of 75.3 percent (+4.7 percentage points vs. 2022, -9.0 percentage points vs. 2019).

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The Hawaiʻi Tourism Authority also released data for all other counties:

Maui:

  • RevPAR of $294 (-30.4% vs. 2022, -3.8% vs. 2019)
  • ADR at $564 (-8.6% vs. 2022, +43.7% vs. 2019)
  • Occupancy of 52.2% (-16.4 percentage points vs. 2022, -25.8 percentage points vs. 2019)

Kaua‘i:

  • RevPAR of $357 (+9.2% vs. 2022, +70.7% vs. 2019)
  • ADR at $444 (+6.4% vs. 2022, +56.5% vs. 2019)
  • Occupancy of 80.4% (+2.1 percentage points vs. 2022, +6.7 percentage points vs. 2019)
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O‘ahu:

  • RevPAR of $246 (+5.8% vs. 2022, +8.4% vs. 2019)
  • ADR at $292 (+2.3% vs. 2022, +14.2% vs. 2019)
  • Occupancy of 84.4% (+2.8 percentage points vs. 2022, -4.5 percentage points vs. 2019)

Hawai‘i hotels statewide reported lower revenue per available room, average daily rate and occupancy in August 2023 compared to August 2022. When compared to pre-pandemic August 2019, statewide ADR and RevPAR were higher in August 2023 but occupancy was lower.

According to the Hawai‘i Hotel Performance Report, statewide RevPAR in August 2023 was $275 (-7.7%), with ADR at $370 (-4.1%) and occupancy of 74.2% (-2.8 percentage points) compared to August 2022. Compared with August 2019, RevPAR was 12.6% higher, driven by higher ADR (+27.6%) which offset lower occupancy (-9.9 percentage points).

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