#average daily rate
Big Island hotels follow state trend with lower occupancy, less revenue per available rooms in August
Occupancy for Hawai‘i Island hotels was down at 66.8%, 2.1 percentage points lower than August 2023 and 14.1 percentage points behind 2019.
Big Island hotels reported 67.6% occupancy rate in July, per latest performance report
Statewide revenue per available room in July 2024 was $301 with average daily rate at $385 and occupancy of 78.4%.
November 2023 Hawai‘i Vacation Rental Performance Report
The State of Hawai‘i Department of Business, Economic Development & Tourism (DBEDT) issued today the Hawai‘i Vacation Rental Performance Report for the month of November utilizing data compiled by Lighthouse Intelligence, Ltd.
Hawaiʻi Vacation Rental Performance Report for September 2023
The island of Hawai‘i vacation rental supply was 209,100 available unit nights (+26.1% vs. 2022, -4.6% vs. 2019) in September. Unit demand was 93,100 unit nights (+12.0% vs. 2022, -27.2% vs. 2019), resulting in 44.5% occupancy (-5.6 percentage points vs. 2022, -13.8 percentage points vs. 2019) with ADR at $214 (-4.9% vs. 2022, +46.6% vs. 2019). Hawai‘i Island hotels reported ADR at $373 and occupancy of 66.4%.
Big Island vacation rental occupancy for May down 14% from a year ago
The occupancy for Big Island vacation rentals in May was 43.5%, which is down 14.2% from a year ago and 27.8% lower than May 2019, before the COVID-19 pandemic struck.
