In an article from the Honolulu Star-Advertiser, tourism officials report that the booming timeshare industry will break visitor records to Hawaii.
“Hawaii Tourism Authority data shows timeshares were up 4.9 percent for the first three months of the year, the Honolulu Star-Advertiser reports. Carl Bonham is the executive director at the University of Hawaii economic research organization who predicted the record breaking year on Monday at a Chamber of Commerce Hawaii event exploring a new wave of timeshare customers.”
“Total visitor arrivals hit a record in 2014, and we’ll hit one in 2015,” he said. Bonham says Oahu hotel room rates have risen by double digits, possibly influencing the shift in tourist behavior to timeshares. Tourism authority director Daniel Nahoopii said the increase in timeshares could also be caused by repeat travelers exploring places to stay.
See the full article here.
Full Credit to The Honolulu Star-Advertiser