Hawaii hotel industry posts gains

HONOLULU (AP) – Hawaii’s hotel industry saw gains in occupancy in March despite a substantial loss in Japanese visitors.

A report by Hospitality Advisors released Wednesday says statewide hotel occupancy averaged 75 percent for March, an increase of about 5 percentage points compared with March 2010.

Room revenue was about $746 million during the first three months of this year, an increase of about 19 percent compared with the first quarter of 2010.

The report says that while there was a sharp decline in Japanese visitors after the March 11 Japan earthquake the overall market improved because of strong gains from the U.S. mainland and Canada for the remainder of the month.

All islands saw gains in hotel occupancy and revenue. Oahu hotels had the highest occupancy while Kauai reported the lowest.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

See the original article at: KHON2 Developing Stories

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