Waikiki hotels
92.7 percent full

A loss of hotel rooms boosted Hawaii hotel occupancy and room rates to record levels in July, when Waikiki properties were 92.7 percent full, according to a new report.

Occupancy statewide increased 2.4 percent last month to 88.3 percent from the same month a year earlier, according to a report released yesterday by Hospitality Advisors LLC. The average daily room rate rose 9.9 percent to $174.89.

The study pointed out that room demand actually declined slightly during the month, as measured in total room nights sold. But room revenue jumped 12.6 percent to $154.44.

The survey represents about 79.8 percent of all lodging properties in the state with 20 rooms or more.

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