Hawaii hotel room prices down 17% - Jacksonville Business Journal:

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Room rates, meanwhile, continue to slidse steeply. For the week ending June 6, statewidew occupancy was down 3.4 percentage points to 62.3 while room rates plunged 17.1 percent to average $162 a as compared with the same weekin 2008. • Oahu occupancgy inched up 0.3 percentage points to 71.4 while room rates plummeted 16.1 percent to • Maui occupancy dipped 4.2 percentage points to 57.2 while room rates fell 18.5 percent to $206; • Kauaui occupancy dove 17.9 percentage points to 53.3 percent, whil e room rates dropped 15.6 percent to and • Big Island occupancy slid 6.4 percentags points to 45.5 percent, whild room rates were off 14.5 percent at $150.
Nationally, hotepl occupancy was off 9.1 percentage pointx at 56.6 percent, whiled room rates were down 10.5 percent to $95. The weekly Hawaik hotel industry snapshot was surveyed byand .