Business

Hawai‘i Tourism Industry Sets Records in 2017

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The Hawai‘i Tourism Authority reported that the full-year visitor statistics for 2017 and the economic impact statewide will be released at the end of this month.

Yearly records will be set in three key categories:

  • Generated state tax revenue supports government programs all communities need.
  • Visitor spending grows the state’s economy.
  • Visitor arrivals spread tourism’s impact to all islands.

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In his president’s message, Hawaiʻi Tourism Authority President and CEO George D. Szigeti said, most importantly, tourism’s success is supporting approximately 200,000 jobs statewide for residents who depend on Hawai‘i’s No. 1 industry for their livelihoods.

“The industry’s success is a collaborative team effort supported by tourism’s stakeholders, from elected officials and leaders in the private sector to the professionals on the front line interacting with visitors daily,” Szigeti said. “All stakeholders are committed to seeing tourism prosper for the good of residents, families, businesses and communities statewide.”

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“In November, air seat capacity increased by 5% compared to a year ago, the highest monthly rate of growth in 2017,” said Szigeti. “We expect air seat capacity in December to show an increase of about 6% when the month’s visitor statistics are released. Expected air seat capacity in December 2017 will show an increase of about 6% when the month’s visitor statistics are released. This upward trend is continuing into 2018 in response to travel demand. In the first quarter, based on scheduled flights serving Hawai‘i, air seat capacity is projected to grow by 10.9%.”

“Travel demand for Hawai‘i drives air seat capacity, which produces more bookings for hotels, activities and attractions, and increases spending at restaurants, retail outlets and stores,” Szigeti stated.All of this combines to strengthen Hawai‘i’s economy and ultimately support jobs for residents.” 

“Air seat capacity is, arguably, the strongest statistical indicator of potential success for Hawai‘i tourism,” said Szigeti. “That being the case, Hawai‘i is well-positioned entering 2018. Tourism is a fragile industry and continued growth can be interrupted at any time by an economic downturn, international crisis or natural disaster. Moreover, destinations worldwide are relentless in trying to draw travelers away from Hawai‘i. As travel demand stays strong for Hawa‘i so does air seat capacity and our state’s economy.”

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