Tourism Drought

Aloha Kakou:

Please see this article from yesterday's Star-Bulletin about hotel occupancies and Hawaii's tourism business climate. There are several quotes from David Carey, president and chief executive of Outrigger Enterprises Group, regarding the current rate and occupancy scenario.

"I'm not real optimistic that we'll see any improvement soon," Carey said. "There is tremendous profit-margin erosion."

http://www.starbulletin.com/business/20090528_Tourism_drought.html