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2001 Visitor Plant Inventory Report

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2001 Visitor Plant Inventory Report 2001 VISITOR PLANT INVENTORY Research and Economic Analysis Division 2001 VISITOR PLANT INVENTORY Research and Economic Analysis Division This report has been catalogued as follows: Hawaiçi. Dept. of Business, Economic Development and Tourism. Research and Economic Analysis Division. Visitor plant inventory. Honolulu: 2000– Annual. Continues report published by the Hawaiçi Visitors and Convention Bureau 1. Hotels-Hawaiçi. 2. Resorts-Hawaiçi. TX911.2.H29.2001 TABLE OF CONTENTS PREFACE .........................................................................................................................................1 OVERVIEW.......................................................................................................................................2 METHODS AND PROCEDURES ....................................................................................................5 VISITOR PLANT INVENTORY AVAILABLE UNITS – 1965 TO 2001 ..............................................7 SUMMARY BY ISLAND AND TYPE .................................................................................................9 CLASS OF UNITS...........................................................................................................................20 2001 VISITOR PLANT INVENTORY – LIST OF PROPERTIES ....................................................26 TIMESHARE PROPERTIES BY ISLAND AND AREA ...................................................................63 LIST OF NON-RESPONDENTS ....................................................................................................66 PLANNED ADDITIONS AND NEW DEVELOPMENTS ..................................................................68 LIST OF TABLES Table 1: Available Units by County, 1965 To 2001......................................................................8 Table 2: Existing Inventory by Island and Type .........................................................................10 Table 3: Summary by Area and Type .......................................................................................15 Table 4: Class of Units by Island ..............................................................................................23 Table 5: Class of Units by Type ................................................................................................25 Table 6: Timeshare Properties by Island and Area ...................................................................64 Table 7: Planned Additions to and Subtractions from Oçahu Supply .......................................69 Table 8: Planned Additions to and Subtractions from Hawaiçi Supply......................................71 Table 9: Planned Additions to and Subtractions from Kauaçi County Supply...........................73 Table 10: Planned Additions to and Subtractions from Maui Supply ...........................................77 i LIST OF FIGURES Figure 1: Existing Inventory by Island.........................................................................................11 Figure 2: Summary by Type .......................................................................................................11 Figure 3: Summary by Type – Oçahu .......................................................................................12 Figure 4: Summary by Type – Hawaiçi ......................................................................................12 Figure 5: Summary by Type – Kauaçi .......................................................................................13 Figure 6: Summary by Type – Maui ...........................................................................................13 Figure 7: Summary by Type – Molokaçi ....................................................................................14 Figure 8: Summary by Type – Lanaçi .......................................................................................14 Figure 9: Class of Units by Island ..............................................................................................22 Figure 10: Class of Units by Type ................................................................................................24 ii PREFACE This report was prepared by the Research and Economic Analysis Division of the State of Hawaiçi Department of Business, Economic Development & Tourism (DBEDT), under the direction of the division administrator, Dr. Pearl Imada Iboshi, and with assistance from PKF Hawaii, LLP. Hawaiçi Visitors and Convention Bureau (HVCB) first published the Visitor Plant Inventory in 1964 and every year thereafter, except 1995 and 1998. HVCB did not conduct a survey in 1995 and did not publish hard copies of the report in 1998. Act 156, Session Laws of Hawaiçi 1998, transferred the tourism research program from HVCB to DBEDT. DBEDT has been responsible for collecting and disseminating data on Hawaiçi’s visitor industry since July 1, 1998. As part of the tourism research program, in 2001, DBEDT conducted its third survey on Statewide visitor rooms. This report provides the results of the visitor accommodation survey. Specifically, data on the number of visitor rooms, island distribution, type of property and class of rooms are presented. For the purpose of consistency, this report continues to use HVCB’s definitions and format of reporting. This report is also posted on the DBEDT website: http://www.hawaii.gov/dbedt/vpi For further information about the available data and sources, users should call the Research and Economic Analysis Division’s Business Resource Center at (808) 586-2424, or email: [email protected] 1 OVERVIEW 2 OVERVIEW Total room inventory statewide remained relatively unchanged in 2001, with a slight increase of 1.0 percent from 71,506 units in 2000 to 72,204 units in 2001 (Table 1). Room counts by island remained relatively steady: Oçahu units increased by 1.4 percent from 36,303 in 2000 to 36,824; Hawaiçi County units increased by 1.7 percent from 9,774 to 9,944. Kauaçi County had an increase of 0.6 percent and Maui County had a decrease of 0.2 percent. Kauaçi County units increased from 7,159 to 7,202, while Maui County units fell from 18,270 to 18,234. Slightly more than half (51.0%) of the State’s visitor units are on Oçahu (Table 2 and Figure 1). The island of Maui accounts for 24.3 percent of the total State room inventory while Hawaiçi represents 13.8 percent. Kauaçi contains 10.0 percent while both Molokaçi and Lanaçi each share less than 1.0 percent of the total State visitor units. By property type (Figure 2), hotels comprise only 17.6 percent of the State’s properties, but they account for the majority (69.4%) of the State’s total units(A). Condominium hotels comprise the second largest percentage both in terms of total properties (22.1%) and number of units (22.4%). Individual vacation units represent 33.5 percent of the State’s total properties but only 2.0 percent of the total units. Bed & breakfasts comprise 16.3 percent of the State’s total properties but only 0.8 percent of the total units. The State had a total of 4,299 timeshare units in operation (Table 6) as of May 2001. Kauaçi has 37.2 percent (1,599 units) of the timeshare units, 25.8 percent (1,108 units) are on Maui, 20.5 percent (883 units) on Hawaiçi, 16.3 percent (702 units) are on Oçahu, and 0.2 percent are on Molokaçi. Most of the timeshare units (71.8 percent) are cross-listed as condominium hotels, 2.9 percent are listed in the category of individual vacation units, 1.2 percent in the hotel category, less than 1.0 percent are listed as apartment hotels, and 23.2 percent fall in other categories. In this report, timeshare units are cross-listed and included in the room counts of their primary property types. By class Statewide (Figure 9 and Table 4), the largest percentage of rooms (43.9%) are categorized as “Standard” ($101 to $250 per night rack rate), followed by 29.4 percent “Deluxe” ($251 to $500 per night), 20.7 percent “Budget” ($100 or less per night) and 5.9 percent “Luxury” (over $500 per night). By island, 72.5 3 percent of Oçahu visitor units fall into the classes of “ “Standard” and “Deluxe”. Most of Kauaçi’s room inventory (77.0 percent) falls in the “Standard” and “Deluxe” classes, while they account for 68.7 percent on Hawaiçi and 78.5 percent on Molokaçi. On Maui, 76.9 percent of the rooms also fall in the above-mentioned two categories, while the majority of rooms on Lanaçi (95.4 percent) lie in the higher-priced “Deluxe” and “Luxury” classes. Of the 914 properties responding to the survey, 804 properties reported their rooms by class (Figure 10 and Table 5). The majority of condominiums (63.1% or 9,849 units) categorized their units as “Standard”. Among hotels, 40.1 percent (20,107 units) categorized their units as “Standard” and 33.8 percent (16,937 units) were categorized as “Deluxe”. Among all types of properties, hotels comprised the largest percentage (7.8% or 3,891 rooms) of those in the “Luxury” category. Note (A): For an explanation of property type, refer to p.27. 4 METHODS AND PROCEDURES 5 METHODS AND PROCEDURES The 2001 Visitor Plant Inventory presents the results of DBEDT’s enumeration of visitor accommodations in Hawaiçi. Existing visitor accommodations as of May 1, 2001 as well as planned developments and additions to existing developments are catalogued. Visitor Plant Inventory Survey: Information about transient accommodations is gathered mainly from a survey of existing visitor accommodation properties and management companies. Survey forms were sent to general managers,
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