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.