Travel Experts Predict Long Slump for Hawaii

tac_des_hawaii02

The Honolulu Star Bulletin reports that a panel of travel experts and economists who met this week at an annual tourism forecast in Waikiki sponsored by the Travel & Tourism Research Association and the Pacific Asia Tourism Association, predict a protracted slump for Hawaii tourism. Hawaii's visitor industry is facing its deepest low since 9/11, and might not begin recovering from the economic downturn until 2010, according to the experts. The economic deterioration of this cycle is likely to be steeper and the recovery slower than other periods in Hawaii's history, panel experts said. Factors for the decline include the U.S. recession and housing collapse, the global financial crisis and the ensuing contraction in global consumer confidence.

Read more on:

Suggested Articles:

Hurricane Isaias made landfall as a Category 1 storm Monday night and is now moving up the East Coast of the U.S. Here's the latest.

Rwanda reopens for international tourism on August 1 with the World Travel & Tourism Council's "Safe Travels" stamp. Learn more here.

The e-version of the Eurail pass is now available online for travelers to Italy, available at the Eurail web shop. Learn more here.