2.18.2020

2.18.2020

  • Gary Mooers
  • 02/18/20

Top 3 Worldwide for Revenue, Rates & Occupancy

Maui County hotels ranked in the top three in "sun and sea destinations" worldwide in revenue per available room, average daily room rates and occupancy in 2019.

Maui County's revenue per room was $310.19, up 5.8% over 2018, third best in the world behind french Polynesia, $392.73, and the Maldives, $356.15.

All four Hawaii counties topped the occupancy category. Maui was second with 77.7%, up 1.7 percentage points; Oahu was first with 84.2%.

In December, Maui County hotels reported the highest revenue of all four counties at $415. up 18.4% in 2018, which was supported by increases in both daily room rates to $540, up 7.7%, and occupancy, 76.8%, up 6.9 percentage points.

The luxury resort region of Wailea reported room revenue of $760, up 18.7%, and growth in daily rates to $890, up 13.7%, by far the highest of any region in the state in both categories. Wailea also had occupancy of 85.4%, up 3.6 percentage points.

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Maui Visitors Break 3 Million Mark for First Time

Visitors to Maui last year surpassed the 3 million mark for the first time EVER - since record keeping began three decades ago.

Statistics released said Maui led Neighbor Islands with 3,071,596 visitors in 2019, a 5.4% increase from the year prior and the highest amount since tracking began in 1990.

The preliminary year-end data showed the Aloha State for the first time pushed past the 10 million mark - with 10,424,995 visitors to Hawaii last year.

In the last few years, commute to work has increased due to more vehicles on the road, with also a notice of overcrowding on the beach. Thankfully, I believe they are talking mostly about Oahu.

Since 1990, visitors annually for Maui have been above the 2 million threshold, only dipping below that mark once. In 2009, 1.8 million visitors came to Maui.

While arrivals saw a record for Maui, Valley Isle visitor spending also hit a new high last year of $5.12 billion, a 2.4% increase over 2018.

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