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Friday, June 29, 2012

Visitor Arrivals and Spending Sets Record High for May 2012

According to a report released by the Hawaii Tourism Authority, visitor arrivals and spending set new records for the month of May.  A total of 622,899 visitors arrived in the Hawaiian islands and spent a total of $1.1 billion.  This was a dramatic increase from the 553,505 visitors and the $912.3 million spent in May 2011 and surpasses previous records set in May 2007.
President and CEO of the Hawaii Tourism Authority, Mike McCartney, stated, “Hawaii’s tourism economy continued to prosper in May.  Recent increases in domestic and international airlift along with major conventions, festivals and events throughout the state helped to generate an additional $159 million in May 2012 compared to last year, contributing to job growth and positive economic recovery for all major islands.”
Source: Honolulu Star Advertiser, 6-29-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
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