The Hawaii Tourism Authority has announced that visitor spending in the month of January 2012 increased by 13.9 percent as compared to the same month a year prior. This brought in a total of $1.345 billion. Vice president of Hawaii Tourism Authority’s brand management, David Uchiyama, stated, “This may be the best January ever. We’re off to a good start in all markets. A favorable currency exchange rate was a factor in our success, but reaching our air seat inventory this month helped us overall, and it will help us going forward.”
Concern over the overall world economy has local experts hesitant about stating that 2012 will be a banner year for tourism in Hawaii. However, the fact that the total number of air seats to the Hawaiian Islands will increase by approximately 7.7 percent in 2012 from the year prior is also very exciting news. Mike McCartney, the president and CEO for the Hawaii Tourism Authority, added, “As an island state, airlift and access is essential for a thriving tourism economy. The addition of 700,000 more seats into our state represents our collective efforts with industry partners to stimulate demand to the Hawaiian Islands.”
Source: Honolulu Star Advertiser, 2-24-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor
Global Executive Realty, LLC
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