Wednesday, March 10, 2010

Occupancy Up, Rates Down




Aloha Kakou:

Hospitality Advisors, an independent consulting firm to Hawaii's tourist industry, said the state's hotel occupancy rose in January, but rates continue to decline.

"Unfortunately, the gains in occupancy are being offset by the continued heavy discounting in room rates," Hospitality Advisors' Joseph Toy said.

http://www.honoluluadvertiser.com/article/20100310/BUSINESS/3100326/Island+hotel+occupancy+rates+jump++4th+time+in+5+months

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