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Tuesday, May 28, 2013

Hawaii Convention Center to Get New Management

State officials have decided to change the management team of the Hawaii Convention Center and are currently reviewing proposals by four firms who are interested in taking over. The center was built 15 years ago in 1998, and since then has significantly under-performed and often failed to meet expectations of increasing business travel to the state. In fact, in 2012, only 5 percent of Hawaii’s visitor arrivals came to the islands for business. Mike McCartney, the president and CEO of the Hawaii Tourism Authority, stated, “In the next few years, I’d like to see our overall meetings, conventions and incentives business grow to 10 percent and our visitor spending grow to around $1 billion.” The next contract will run for five years from January 1, 2014 to December 31, 2018.
Source: Honolulu Star Advertiser, 5-28-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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