The 2012 Honolulu Marathon was a huge success from an economic standpoint, and set records for the highest amount of visitor spending and the most amount of tax revenue generated for the state of Hawaii. A total of 31,083 people signed up for the Honolulu Marathon in 2012, and inclusive of friends and family members traveling to Hawaii, spent a total of $132.8 million in visitor spending. This equated to $6.18 million in tax revenue. Chairman of the Hawaii Pacific University’s Travel Industry Management program, Jerome Agrusa, stated, “The economic impact of the Honolulu Marathon is quite significant and gives a much-needed boost to the Honolulu economy.”
President of the Honolulu Marathon, Jim Barahal, stated that 2013′s marathon could be even stronger. Barahal commented, “Our early-entry numbers for North America and Hawaii are up 25 percent. We’ve already got 13,037 people registered. At this time last year we only had 10,463. That’s a pretty good indication that the popularity will continue. We think we’ll stay pretty strong this year.”
Source: Honolulu Star Advertiser, 1-30-2013, 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
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
