Hotel Occupancy decline in Hawaii

Hotel Occupancy in Hawaii dropped almost 10 percentage points in the first
quarter from 80.1% last year to 70.7% this year, according to Hospitality
Advisors, which tracks hotels in the state.

Average room rates statewide fell
just 3% during the period from $151 a night to $146 a night. Room rates in
different categories had a wide range during the quarter. For example, the
average room rate of budget hotels in Hawaii was $64 a night while the average
nightly rate for luxury hotels was $230 a night, according to Hospitality