Through June, July and August, Hawaii hotels generated a record-breaking $1.42 billion in total revenue.
Including revenue from sales, food and beverage, retail, parking and other sources, this summer’s total hotel revenue across Hawaii jumped 8.5% over the same period in 2012, a year during which the destination set new peaks for both visitor arrivals and spending.
According to an Oct. 7 Hospitality Advisors and Smith Travel Research report, average daily room rate surged 11.5% during the three-month stretch.
Statewide occupancy dropped, however, slipping 1.7 percentage point, to 78.1%.
Hawaii also broke the all-time single-month hotel revenue record for a fifth time this year in August, generating $339 million, which is $3 million more than the previous peak set in July.