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Hawaii Hoteliers Drop Rates To Keep Occupancy High Amid Leisure Travel Fatigue – CoStar

January 30, 2023

Leisure travel fatigue and inflation are causing Hawaii hoteliers in leisure destinations to drop rates to strengthen demand.

Hawaii’s hotel industry is coming off a year of strong rate growth and continues to inch closer to pre-pandemic occupancy levels, but the island state finds itself in a peculiar position, with clouded optimism for the future of hospitality and tourism.

Despite international travel expected to pick up by the summer, industry experts expect that the high rates hotels have been able to charge throughout much of the pandemic will be unsustainable as leisure demand declines due to inflation and travel fatigue.

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