Here's another great point: Who generates more revenue, a 96% occupied 390 room timeshare, or an 80% occupied 400 room hotel? Given the Nanea and KBH, I think I know the answer.
Timeshare properties in Maui County averaged a 95.6% occupancy rate for the first three months of 2018, according to the Hawaiʻi Timeshare Quarterly Report released today by the Hawaiʻi Tourism Authority. By comparison, hotel properties in Maui County averaged an 80.2% occupancy rate for the same quarter.
The Maui timeshare occupancy rate was the highest among the islands and represented a 1.5 percentage point increase compared to the prior year.
The average Maui County timeshare visitor had a 10 day length of stay during the first quarter, also the highest among the islands. Maui County welcomed 70,042 timeshare visitors during the first three months of 2018, a 4.5% increase from the prior year. Timeshare visitors represented 9.7% of Maui County’s visitor market during the quarter.
Owner occupancy accounted for 61.6% of occupied room nights at Maui timeshare resorts during the quarter. Marketing use represented 9% of occupied room nights in Maui County timeshares, the highest share among the islands. Transient Guests contributed 13.8% of occupied room nights, the lowest share among the islands during the quarter.