Hawaii hotel occupancy and room rates rise last week

Hawaii’s hotels had a good week last week, showing increases in both occupancy and room rates, according to the weekly report from Hospitality Advisors LLC and STR, Inc. The statewide average hotel occupancy rate was 85 percent for the week ending March 14, an increase of 3.1 percentage points from the same time last year, while the statewide average daily room rate rose 4.4 percent to $245.72, Oahu led all islands with its hotels 86.9 percent full, a 1.8 percentage point increase from last year.…