At Least This Is Old News...

Aloha Kakou:

May's low occupancy and revenue numbers were reported today both in the Maui News and in the national media (see links below).

Terryl Vencl, executive director of the Maui Visitors Bureau, said Monday she thinks that Maui's tourism industry should not expect a quick return to previous occupancy and revenue levels once when the larger economy recovers.

"It will not be like a switch is turned on," Vencl said. "People need reassurance, that they have jobs, they have a house, that their finances are a little more secure before a vacation lands at the top of their list of things to do."

Maui's RevPAR for May was down to an historic low of $117.70, down from $161.58 last May, with Revenue per Available Room similar to that normally experienced by Waikiki. Statewide, revenue per available room was at $102.67 in May, down from $130.11 for the same month in 2008.

http://mauinews.com/page/content.detail/id/520674.html?nav=10
http://www.msnbc.msn.com/id/31776541/ns/travel-news/