Hawaii hotel rates hit all-time high in August
Average hotel room prices hit an all-time high in Hawaii in August as tourist spending went up and visits from Japan, Korea, China and other markets spiked.
Hospitality Advisors LLC said Wednesday in its monthly hotel industry report that hotel rooms in Hawaii cost nearly $215 per night, up 10.2 percent compared with the same month last year. The rates led to an August record of nearly $308 million in room revenue.
The report says total revenue for the 163 properties included in the report was just under $455 million.
The Hawaii Tourism Authority says visitor spending was up 14.6 percent for the month.
The report says the number of visitors from Japan were up nearly 13 percent compared with August 2011. Other international markets had an even higher spike.
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