Saturday, April 11, 2009

Worst February In 18 Years

Aloha Kakou:

Please see this article from the Maui News regarding hotel occupancies for February.

Joseph Toy, president and chief executive of Hospitality Advisors, a Honolulu-based consultant said huge discounts in room rates in the market ''are unprecedented as hotels are trying to generate volume.''

''Still, Hawaii continues to be one of the strongest markets in the U.S. given that the recession has impaired all destinations globally,'' he said.

http://mauinews.com/page/content.detail/id/516921.html?nav=10

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