Thursday, August 18, 2011

Maui's June Not Impressive

Aloha Kakou:

Despite a promising start to 2010, Maui's hotel occupancy began slowing in April. That slowdown continued through June.


Maui's June occupancy was only one percentage point higher than that of June, 2010, at 66.7%.

Rate gains for the first six months of 2011 may seem impressive but they're coming in comparison to the low, low rates of 2010. RevPAR for Maui was up 16.2% to $179 from $154.

http://mauinews.com/page/content.detail/id/552531/Occupancy-recovery-slows.html?nav=10

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