Hawaii Resort Efficiency Report Dec 2020

Hawaii Hotels reported declines in revenue in December 2020. They reported significant declines in sales per available room (RevPAR), average daily rate (ADR) and occupancy codeBy December 2019 as tourism continued to be heavily impacted by the COVID-19 pandemic.

According to the Hawaii Hotel Performance Report published by the Hawaii Tourism Authority (HTA) research division, the statewide RevPAR dropped to $ 69 (-75.6%), the ADR to $ 291 (-17.6%), and occupancy dropped to 23, 8% (-56.4%) points) in December. The results of the report used data compiled by STR, Inc., which conducts the largest and most comprehensive survey of hotel real estate in the Hawaiian Islands.

Starting October 15, passengers arriving from abroad and traveling between counties will be able to bypass the mandatory 14-day self-quarantine with a valid negative COVID-19 NAAT test result from a trusted test and travel partner via the state’s Safe Travels program . Effective November 24, all transpacific travelers who participated in the pre-travel testing program were required to submit a negative test result prior to leaving for Hawaii. Test results were no longer accepted once a traveler arrived in the Hawaiian Islands. On December 2, Kauai County temporarily suspended its participation in the state’s Safe Travel Program, requiring all travelers to Kauai to be quarantined upon arrival. On December 10, mandatory quarantine was reduced from 14 to 10 days, as per guidelines from the U.S. Centers for Disease Control and Prevention. The counties of Hawaii, Maui and Kalawao (Molokai) also had a partial quarantine in December.

Last month, hotel room revenue in Hawaii nationwide fell 77.2 percent to $ 107.9 million, down from $ 472.6 million in December 2019. Room demand was 72.3 percent lower than in the same period last year. The availability of rooms was only 6.6 percent lower year-on-year, as the properties continued to put the rooms back into operation. Many properties that were closed or cut back from April were reopened or partially reopened in December. If the occupancy for December 2020 were calculated based on the space available from December 2019, the occupancy for the month would be 22.2 percent.

All classes of Hawaii hotel property across the state continued to report RevPAR losses in December compared to a year ago. Luxury properties achieved a RevPAR of USD 168 (-71.1%), an ADR of USD 865 (+ 8.9%) and an occupancy rate of 19.5% (-54.0 percentage points). Midscale & Economy Class properties achieved a RevPAR of USD 58 (-66.6%), an ADR of USD 196 (-6.9%) and an occupancy rate of 29.6% (-52.8 percentage points).

All four Hawaiian island counties reported lower RevPAR and occupancy. Maui County hotels topped the state in RevPAR, earning $ 130, -68.5%, with an ADR of $ 501, -7.4%, and occupancy of 26.0%, -50.5 percentage points. Wailea’s luxury resort area earned RevPAR $ 218 (-71.4%), ADR $ 834 (-6.3%) and occupancy 26.1% (-59.3 percentage points).

Oahu Hotels achieved a RevPAR of $ 43 (-81.8%), an ADR of $ 184 (-36.0%) and an occupancy rate of 23.6% (-59.5 percentage points) in December. Waikiki Hotels earned $ 40 (-82.7%) in RevPAR with an ADR of $ 182 (-35.1%) and an occupancy of 22.3% (-61.2 percentage points).

Hotels on the island of Hawaii reported a RevPAR of $ 88 (-66.2%), an ADR of $ 329 (+ 0.1%), and an occupancy of 26.8% (-52.7 percentage points). Kohala Coast Hotels earned $ 146 RevPAR (-62.6%) in December, with an ADR of $ 542 (+ 10.2%) and an occupancy rate of 26.8% (-52.2 percentage points).

Kauai Hotels achieved a RevPAR of $ 24 (-90.3%), an ADR of $ 178 (-47.9%), and an occupancy of 13.4% (-58.7 percentage points) in December.

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