Key metrics for Hawaii resorts remained primarily flat past month

Occupancy and other crucial metrics for Hawaii inns remained mostly flat calendar year-around-yr for March, according to facts introduced Wednesday by the Hawaii Tourism Authority.

According to the most current month to month Hawaii Hotel Efficiency Report, which is developed by HTA’s exploration division with knowledge compiled by STR, inns during the state were being 43% occupied very last thirty day period. The determine is about the same as final March.

Earnings for each out there space, or RevPAR, was up 1.4% to $285 — up marginally from $281 in March of 2020. Typical every day fee, or ADR, remained flat at $123.

This marks the initially time in the earlier year that Hawaii accommodations did not see month-to-month substantial losses in occupancy, RevPAR and ADR. And when the very last month’s figures do characterize an uptick in resort metrics as opposed to previously in the pandemic, metrics in March of 2020 were previously currently being influenced by Covid-19 and hence were effectively underneath standard ranges.

It ought to also be famous that some attributes however keep on being shut when calculated based mostly on 2019 offer ranges, Hawaii lodges were just 14% occupied last thirty day period.

Full statewide place revenue was down 7% year-in excess of-yr in March 2021 to $192.4 million, reflecting a space demand from customers of 675,700 room evenings (down 8.4%) and a place provide of 1.6 million place nights (down 6.8%). For comparison, statewide room profits experienced totaled $207.1 million in March of 2020.

Metrics assorted among the 4 counties. Maui County and Hawaii Island claimed tiny gains in occupancy — both of those were up a few share details calendar year-above-year to 49% — when Oahu observed a tiny lessen, down two percentage points to 40%.

Kauai, nevertheless, described a 14.3 proportion position drop in occupancy to 31%. Kauai experienced the most stringent Covid-associated travel regulations in location in March, just before fully rejoining the state’s Protected Travels application in April.

Maui County and Hawaii Island also saw gains to RevPAR, up 19% and 27%, respectively, and ADR, up 11% and 17.6%, respectively. But Oahu’s RevPAR dipped by 20% year-in excess of-calendar year, and its ADR was down 16%. Kauai lodges noticed a 53% fall in RevPAR and 32% fall in ADR.

Calendar year-to-date, occupancy was down 38 percentage details statewide to 32%, RevPAR was down practically 60% to $87, and ADR fell 12% to $269.

Complete statewide room profits was down 62.5% 12 months-to-date to $394.1 million.