February 2022 Hawai‘i Hotel Performance Report

Hawai‘i hotels statewide reported substantially higher revenue per available room (RevPAR), average daily rate (ADR), and occupancy in February 2022 compared to February 2021. When compared to February 2019, statewide RevPAR and ADR were higher in February 2022, and occupancy was lower.

According to the Hawai‘i Hotel Performance Report published by the Hawai‘i Tourism Authority (HTA), statewide RevPAR in February 2022 was $253 (+219.8%), with ADR at $351 (+35.2%) and occupancy of 72.1 percent (+41.6 percentage points) compared to February 2021 (Figure 1). Compared with February 2019, RevPAR was 4.0 percent higher, driven by ADR increases (+20.3%) offsetting lower occupancy (-11.3 percentage points) (Figures 1 and 3).

The report’s findings utilized data compiled by STR, Inc., which conducts the largest and most comprehensive survey of hotel properties in the Hawaiian Islands. For February, the survey included 148 properties representing 46,796 rooms, or 84.3 percent of all lodging properties with 20 rooms or more in the Hawaiian Islands, including those offering full service, limited service, and condominium hotels. Vacation rental and timeshare properties were not included in this survey and are reported separately.

In February 2022, domestic passengers could bypass the State’s mandatory five-day
self-quarantine if they were up-to-date on their vaccination or with a negative COVID-19 pre-travel test result from a Trusted Testing Partner through the Safe Travels program. Passengers arriving on direct international flights were subjected to federal U.S. entry requirements which included proof of an up-to-date vaccination document and negative COVID-19 test result taken within one day of travel, or documentation of having recovered from COVID-19 in the past 90 days, prior to their flight.

Hawai‘i hotel room revenues statewide was $393.7 million (+244.3% vs. 2021, +6.8% vs. 2019) in February. Room demand was 1.1 million room nights (+154.7% vs. 2021, -11.2% vs. 2019) and room supply was 1.6 million room nights (+7.7% vs. 2021, +2.7% vs. 2019) (Figures 2 and 4).

Luxury Class properties earned RevPAR of $472 (+149.9% vs. 2021, +3.3% vs. 2019), with ADR at $806 (+11.2% vs. 2021, +38.0% vs. 2019) and occupancy of 58.6 percent (+32.5 percentage points vs. 2021, -19.6 percentage points vs. 2019). Midscale & Economy Class properties earned RevPAR of $172 (+226.9% vs. 2021, +1.8% vs. 2019) with ADR at $214 (+52.9% vs. 2021, +9.7% vs. 2019) and occupancy of 80.5 percent (+42.8 percentage points vs. 2021, -6.2 percentage points vs. 2019).

Maui County hotels led the counties in February. RevPAR was $403 (+185.2% vs. 2021, +14.5% vs. 2019), with ADR at $583 (+30.9% vs. 2021, +33.4% vs. 2019) and occupancy of 69.0 percent (+37.3 percentage points vs. 2021, -11.4 percentage points vs. 2019). Maui’s luxury resort region of Wailea had RevPAR of $570 (+150.9% vs. 2021, -2.5% vs. 2019), with ADR at $840 (+11.9% vs. 2021, +29.5% vs. 2019) and occupancy of 67.9 percent (+37.6 precentage points vs. 2021, -22.2 percentage points vs. 2019). The Lahaina/Kā‘anapali/Kapalua region had RevPAR of $358 (+241.0% vs. 2021, +22.8% vs. 2019), ADR at $524 (+43.8% vs. 2021, +42.5% vs. 2019) and occupancy of 68.3 percent (+39.5 percentage points vs. 2021, -10.9 percentage points vs. 2019).

Hotels on the island of Hawai‘i reported RevPAR at $314 (+226.3% vs. 2021, +35.8% vs. 2019), with ADR at $403 (+47.9% vs. 2021, +42.1% vs. 2019), and occupancy of 77.9 percent (+42.6 percentage points vs. 2021, -3.6 percentage points vs. 2019). Kohala Coast hotels earned RevPAR of $470 (+216.4% vs. 2021, +45.6% vs. 2019), with ADR at $622 (+44.9% vs. 2021, +57.6% vs. 2019), and occupancy of 75.6 percent (+41.0 percentage points vs. 2021, -6.2 percentage points vs. 2019).

Kaua‘i hotels earned RevPAR of $294 (+491.0% vs. 2021, +29.3% vs. 2019), with ADR at $375 (+102.5% vs. 2021, +23.3% vs. 2019) and occupancy of 78.3 percent (+51.5 percentage points vs. 2021, +3.6 percentage points vs. 2019).

O‘ahu hotels reported RevPAR of $168 (+239.9% vs. 2021, -17.1% vs. 2019) in February, with ADR at $236 (+39.4% vs. 2021, +0.6% vs. 2019) and occupancy of 71.2 percent (+42.0 percentage points vs. 2021, -15.2 percentage points vs. 2019). Waikīkī hotels earned $159 (+253.0% vs. 2021, -20.1% vs. 2019) in RevPAR with ADR at $224 (+36.0% vs. 2021, -2.8% vs. 2019) and occupancy of 71.2 percent (+43.7 percentage points vs. 2021, -15.4 percentge points vs. 2019).

Tables of hotel performance statistics, including data presented in the report are available for viewing online at: https://www.hawaiitourismauthority.org/research/infrastructure-research/

About the Hawaiʻi Hotel Performance Report

The Hawai‘i Hotel Performance Report is produced using hotel survey data compiled by STR, Inc., the largest survey of its kind in Hawai‘i. The survey generally excludes properties with under 20 lodging units, such as small bed and breakfasts, youth hostels, single-family vacation rentals, cottages, individually rented vacation condominiums and sold timeshare units no longer available for hotel use. The data has been weighted both geographically and by class of property to compensate for any over and/or under representation of hotel survey participants by location and type.

For February 2022, the survey included 148 properties representing 46,796 rooms, or 84.3 percent of all lodging properties with 20 rooms or more in the Hawaiian Islands, including full service, limited service, and condominium hotels. The February survey included 76 properties on O‘ahu representing 29,092 rooms (94.9%); 40 properties in the County of Maui, representing 9,631 rooms (72.6%); 16 properties on the island of Hawai‘i, representing 4,887 rooms (69.7%); and 16 properties on Kaua‘i, representing 3,186 rooms (69.3%).