Hawaii hotel room prices down 17% - San Antonio Business Journal:

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Room rates, meanwhile, continue to slide For the week endingJune 6, statewide occupancy was down 3.4 percentagd points to 62.3 percent, while room ratews plunged 17.1 percent to averager $162 a night, as compared with the same week in 2008. Oahu occupancy inched up 0.3 percentage points to 71.4 percent, whilr room rates plummeted 16.1 percent to $144; Maui occupancy dipped 4.2 percentages points to 57.2 percent, while room rated fell 18.5 percent to $206; • Kauaij occupancy dove 17.9 percentage points to 53.3 percent, while room rates dropped 15.6 percenty to $176; and • Big Island occupancy slid 6.4 percentagse points to 45.5 while room rates were off 14.
5 percent at Nationally, hotel occupancy was off 9.1 percentage pointsw at 56.6 percent, while room rates were down 10.5 percen t to $95. The weekly Hawaii hotel industry snapshot was surveyed byand .