Despite the significant impact of the COVID-19 pandemic in 2020 and early 2021, the state of Hawaii experienced a historic surge in domestic tourism, driving RevPAR to record levels in 2022. This article explores recent hotel performance throughout the state, as well as the outlook for the future.
Leisure travel fatigue and inflation are causing Hawaii hoteliers in leisure destinations to drop rates to strengthen demand.
Hawaii’s tourism market has roared back in 2022, with prices in some locations like Maui rising 120% compared to 2019, but this may yet come at a cost to the islands and their communities.
Loosening of COVID-19 Restrictions, Strong Fourth Quarter Provide Optimism for 2022
Hotels in the state of Hawaii reached record RevPAR levels in 2018, supported by continued growth in visitation.
Tourism to Hawaii’s most populous island is booming, with Asian-Pacific countries sourcing a major boost in visitation. Given a number of planned projects across Oahu, hotel developers and major brands are working to meet the demand.