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Hawaii hotels: Flat average daily rate, lower occupancy so far in 2019

April 24, 2019 by Forimmediaterelease

For the first three months of 2019, Hawaii hotels statewide reported flat average daily rate (ADR) and lower occupancy, which resulted in lower revenue per available room (RevPAR) compared to the first quarter of 2018.

According to the Hawaii Hotel Performance Report published by the Hawaii Tourism Authority (HTA), statewide RevPAR declined to $236 (-3.3%), with ADR of $292 and occupancy of 80.8 percent (-2.7 percentage points) in the first quarter of 2019.

HTA’s Tourism Research Division issued the report’s findings utilizing data compiled by STR, Inc., which conducts the largest and most comprehensive survey of hotel properties in the Hawaiian Islands.

For the first quarter, Hawaii hotel room revenues fell by 4.7 percent to $1.13 billion compared to the $1.18 billion earned in the first quarter of 2018. There were more than 74,300 fewer available room nights (-1.5%) in the first quarter and approximately 190,500 fewer occupied room nights (-4.7%) compared to a year ago. Several hotel properties across the state were closed for renovation or had rooms out of service for renovation during the first quarter.

All classes of Hawaii hotel properties statewide reported RevPAR declines in the first quarter of 2019 except Upper Midscale Class properties ($134, +0.6%). Luxury Class properties reported RevPAR of $452 (-5.4%) with ADR of $594 (-1.2%) and occupancy of 76.1 percent (-3.3 percentage points). At the other end of the price scale, Midscale & Economy Class hotels reported RevPAR of $155 (-5.0%) with ADR of $187 (-0.5%) and occupancy of 83.1 percent (-3.9 percentage points).

Comparison to Top U.S. Markets

In comparison to top U.S. markets, the Hawaiian Islands earned the highest RevPAR at $236 in the first quarter, followed by the San Francisco/San Mateo market at $210 (+15.9%) and the Miami/Hialeah market at $208 (-3.5%). Hawaii also led the U.S. markets in ADR at $292 followed by San Francisco/San Mateo and Miami/Hialeah. The Hawaiian Islands ranked fifth for occupancy at 80.8 percent, with Miami/Hialeah topping the list at 83.0 percent (-2.1 percentage points).

Hotel Results for Hawaii’s Four Counties

Hotel properties in Hawaii’s four island counties all reported RevPAR decreases in the first quarter of 2019. Maui County hotels led the state overall in RevPAR at $337 (-2.7%), with ADR at $428 (-0.9%) and occupancy at 78.6 percent (-1.5 percentage points).

Kauai hotels earned RevPAR of $228 (-10.2%), with flat ADR at $305 (+0.2%) and lower occupancy of 74.8 percent (-8.7 percentage points).

Hotels on the island of Hawaii reported a decline in RevPAR to $225 (-9.7%), due to a combination of decreases in both ADR ($285, -2.0%) and occupancy (79.1%, -6.7 percentage points).

Oahu hotels earned slightly lower RevPAR at $196 (-0.9%), with ADR at $236 (+0.8%) and occupancy of 83.0 percent (-1.4 percentage points).

Comparison to International Markets

When compared to international “sun and sea” destinations, Hawaii’s counties were in the middle of the pack for RevPAR in the first quarter of 2019. Hotels in the Maldives ranked highest in RevPAR at $575 (+4.5%) followed by Aruba at $351 (+11.2%). Maui County ranked third, with Kauai, the island of Hawaii, and Oahu ranking sixth, seventh and eighth, respectively.

The Maldives also led in ADR at $737 (+5.2%) in the first quarter, followed by French Polynesia at $497 (-1.1%). Maui County ranked fifth, followed by Kauai and the island of Hawaii. Oahu ranked ninth .

Oahu trailed Phuket (84.5%, -6.3 percentage points) in occupancy for sun and sea destinations in the first quarter. The island of Hawaii, Maui County and Kauai ranked fourth, fifth and ninth, respectively.

March 2019 Hotel Performance

In March 2019, RevPAR for Hawaii hotels statewide declined to $227 (-4.3%), with ADR of $285 (-1.1%) and occupancy of 79.6 percent (-2.7 percentage points).

In March, Hawaii hotel room revenues fell by 5.9 percent to $373.3 million. There were more than 27,200 fewer available room nights (-1.6%) in March and approximately 66,850 fewer occupied room nights (-4.9%) compared to a year ago. Several hotel properties across the state were closed for renovation or had rooms out of service for renovation during March. However, the number of rooms out of service may be under-reported.

All classes of Hawaii hotel properties statewide reported RevPAR declines in March. Luxury Class properties reported RevPAR of $443 (-7.2%) with ADR of $583 (-3.1%) and occupancy of 75.9 percent (-3.4 percentage points). Midscale & Economy Class hotels reported RevPAR of $150 (-2.9%) with ADR of $182 (+0.8%) and occupancy of 82.0 percent (-3.1 percentage points).

Hotel properties in Hawaii’s four island counties all reported lower RevPAR for March. Maui County hotels reported the highest RevPAR in March at $336 (-1.4%) with ADR of $421 (-1.6%) and flat occupancy (79.8%, +0.2 percentage points).

Oahu hotels reported lower occupancy (80.4%, -2.3 percentage points) and flat ADR ($230, -0.2%) for March.

Hotels on the island of Hawaii continued to face challenges in March, with RevPAR dropping 11.2 percent to $216, ADR to $272 (-4.9%) and occupancy to 79.2 percent (-5.7 percentage points).

RevPAR for Kauai hotels fell to $213 (-14.6%) in March, with declines in both ADR to $286 (-4.5%) and occupancy to 74.4 percent (-8.8 percentage points).

Travel News | eTurboNews

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From airport terminal to glamorous holiday destination: Designer pop-up shop

April 6, 2019 by Forimmediaterelease

Marie France Van Damme, the Hong Kong-based designer known for her globally influenced line of luxury resort, swim, and ready-to-wear, continues to expand her presence worldwide with the opening of a Paris pop-up shop inside Le Bon Marché on May 1, which will operate through June 1. Best known for her silk caftans and timeless collection of elegant resort wear, Marie France Van Damme’s designs have become a “must-have” for the jet set and those who appreciate a timeless luxury product.

Located on the second floor of Le Bon Marché  (24 Rue de Sevres, 75007 Paris, France) in the Savoir Faire department, the new 100 square-foot pop-up shop will offer Marie France Van Damme’s summer 2019 collection of ‘Dolce Vita’ essentials, including luxe day resort wear, elegant summer dresses and evening wear, glamorous bathing suits, and flowy silk caftans. The pop-up shop will be designed to mimic an airport, complete with a dashboard listing departure flight numbers. Inspired by the legendary Splendido hotel and Hotel du Cap, the installation will transport its clientele to a glamorous beach destination replete with silver coated palm trees, inflatable buoys, and branded metallic beach bags.

Designed by renowned lifestyle curator Marie France Van Damme, the shop is inspired by a concept she calls the MFVD holiday jet-set ‘Jet Pack,’ which represents a selection of featherweight garments designed to pack in a small travel bag that you don’t have to check in. As the designer guides you through her world with the perfect ‘Jet Pack’ this summer, the pieces available in the pop-up shop will take the Marie France Van Damme woman from city to resort and resort to city, and provide the best of both worlds: luxe day resort wear and chic evening looks.

“Packing can be stressful and most people are guilty of stuffing their suitcases full of items they’ll never wear, just in case. The answer is, of course, to think carefully about what to bring, and to buy cleverly. The challenge is getting the right mix, to buy things that slide perfectly from day to night, items that can be dressed up or pared down,” says Marie France Van Damme. “Like me, our customer travels around the world, and she needs to find things that will look beautiful during the day as well as at night; from the beach to a cocktail or dinner in the evening. We are honored to open a pop-up in time for the holiday season in one of the world’s most exclusive luxury shopping destinations.”

Marie France Van Damme’s new Summer 2019 collection is a return to the glamorous roots of resort wear and offers striking essentials, designed to have a wear-anywhere appeal from Portofino to Paris. Signature pieces from the new collection include metallic swimsuits, vaporous cover-ups, silk boubou caftans, and effortless summer dresses.

For the perfect look, the pop-up shop will also offer onsite beach makeup services for customers, and an opportunity to design their own one and only boubou caftan. Customers can choose from a selection in a book, one fabric and one trim, which Marie France Van Damme will then produce in her atelier. Customers who purchase the limited-edition caftan can enter a raffle to win a two-night stay at a One&Only Resort. To celebrate the opening, the store will host a series of special events.

Travel News | eTurboNews

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