Aloha Kakou:
According to Pacific Business News, both rates and occupancy (R&O) fell in 2009 when compared to the same period from 2008.
"Maui occupancy declined 8.1 percentage points to 76.8 percent, while room rates plunged 17.1 percent to $246, " said the article.
Take a look at the last paragraph for information about Hawaii vs. the rest of the US.
http://pacific.bizjournals.com/pacific/stories/2009/02/16/daily61.html
Tuesday, February 24, 2009
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