Hawaii hotel occupancy sits at all-time Lows

I recently returned from the wonderful town of Boulder (saw a mechanic about an auto repair you know) and had a nice trip there. Sorry to have to be the bearer of bad news sometimes, but if more evidence were needed regarding the global economic downturn, hotel occupancy for the first half of the year was the lowest ever on file in the Aloha State, unfortunately and in particular Oahu. All in all, total hotel revenues dropped by some $339 millionin the initial half of 2009, which is basically down by about one-fifth or so when contrasted to the same period in 2008. Not to change the subject or anything but if you need some Oahu Real estate
work done then the Sotheby's office may be of some assistance. In addition to Oahu they also do other types of Hawaii real estate transcactions as well.
This is a disturbing trend to be sure and is one of the main reasons I am sure that Governor Linda Lingle is scaling back state jobs and making other steep spending cuts and slashing the state budget overall. Broadly speaking, The median daily rate fell a bit last month, which was down 16.6 percent to average $171 per night. As it turns out, with these kinds of lower rates and less guests, revenue per room has dropped by nearly one-third to about $109, as contrasted with the same month in the previous year. That is a significant increase indeed. Speaking of them then definately give these guys a peak.They can also help with denver convention center hotels and the like. You know I was recently in a hotel on Mauai (specifically
in Wailea beach) and i was horrified when I got my bill. There were several significant extra charges, including a state room tax, tacked on
which made the final bill much higher than I expected. I felt thoroughly gouged when I left and it left a very sour taste in my mouth. Ithink I will rent a condominium the next time that I am over there. Much like the Oahu real estate market, this arena has really taken a downturn overall.