Updated at 5:51 p.m., Thursday, July 5, 2007
Hawaii hotel occupancy falls for 13th straight month
Advertiser Staff
Hawai'i's hotel industry continued to decline in May as occupancy rates fell for the 13th straight month despite record visitor arrivals for May.Statewide hotel occupancy fell to 69 percent in May, a 6.5 percentage point decrease from May 2006, according to a report released yesterday by Hospitality Advisors LLC. Occupancy has fallen every month on a year-over-year basis since April 2006.
Hospitality Advisors President Joseph Toy said the report showed occupancy fell across all islands for the month. Toy said the drop was partly due to visitors staying in condominiums, timeshare units and on cruise ships instead of traditional hotels.
And a continued decline in Japanese visitors — 10.3 percent — also contributed to a decline in overall occupancy because visitors from Japan predominantly stay in hotels rather than other accommodations, Toy said.
The statewide average daily rate rose 7 percent to $187.07 in May compared with a year earlier.
