According to a report released by the Hawaii Tourism Authority, April was a record month in terms of both visitor arrival and visitor spending. A total of 647,194 visitors arrived in the Hawaiian islands, which was a substantial increase from the previous April record set in 2006 of 618,230. These visitors spent a total of $1.17 billion, which was 26.8 percent more then the same month a year prior.
General manager of the Hyatt Regency Waikiki Beach Resort and Spa, Jerry Westenhaver, commented, “Hawaii’s visitor industry tends to follow a five-year cycle, and it looks like we are nine months or so into the positive. Barring any negative events, I’d say we have another four years or so of growth to go. Our vendors and wholesalers and the other hotel people have said that they see a good healthy summer and that they expect it to continue into the fall. Hawaii’s visitor industry is hiring.”
Mike McCartney, the Hawaii Tourism Authority’s President and CEO, stated, “While recovery has been challenging, and the future of the global market remains unstable, we feel confident that tourism will continue in an upward swing, and are committed to working with the industry, our community and our global marketing partners to achieve our targets for the year.
Source: Honolulu Star Advertiser, 6-1-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com