Which Hawaii Businesses Are Hardest Hit By Japan Tsunami Tourism Fallout?
Growth in Hawaii Tourism Expected Despite Japan Catastrophe
During the first months of 2011, Hawaii tourism was on pace to surpass the peak year of 2007 when 7.63 million Hawaii visitors spent $12.8 billion in the state. Then the earthquake and tsunami disasters struck Japan in March of 2011 delivering another setback to Hawaii tourism.
A recent First Hawaiian Bank Business Activity Report stated that spending in Hawaii was up in the first quarter of 2011 compared to the same time in 2010 and noted improvements in fourteen of the sixteen sectors that are measured. This included an 18% increase in spending on travel activities and 15% more revenue in hotels. Continue reading "Lingering Effects of Japan Tsunami" »









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