Aloha Kakou:
We know that occupancy is up because rates are down. According to Joseph Toy, president and CEO of Hospitality Advisors LLC, while rates may begin to recover mid-2011, rates may not fully recover to pre-downturn levels until 2014.
http://www.travelweekly.com/Hawaii/article3_ektid219682.aspx
Monday, August 30, 2010
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