See on Scoop.it – PRG HAWAII NEWS WITH RUSS ROBERTS
Hawaii hotel rates rise 11 percent, occupancy declines slightly Pacific Business News (Honolulu) (blog) Occupancy at Hawaii hotels decreased slightly last week, when compared to the same week last year, while the statewide average daily room rate…
Russell Roberts‘s insight:
Be careful how much you raise the room rate. You could kill the "goose that lays the golden egg." Cost-conscious travelers may opt for cheaper places to stay, such as the Bahamas, Bermuda, or even Latin America. These places are closer than Hawaii…and sometimes, cheaper than Hawaii. Aloha, Russ.
See on www.bizjournals.com