A good time to invest in Waikiki

POSTED: 01:30 a.m. HST, Jan 11, 2013

~~<p>Hawaii's tourism is rebounding strongly from the national recession and it is encouraging that after lengthy caution, vigorous investment to improve the industry's core of Waikiki is moving apace with the growth trend. Hilton Hawaiian Village has embarked on ambitious improvements, and a 26-story tower has been approved as a wing of the Moana Surfrider Hotel, the first Waikiki oceanfront hotel to be erected in more than 30 years. The corporate actions are a wise response to — and are helping to spur — the rising tourist numbers.</p>
<p>Tourism in Hawaii recently entered record territory, with visitor arrivals and spending during the first 11 months of last year having broken an annual record set in 2007, the Hawaii Tourism Authority reported. Visitors spent $1.1 billion in November, increasing the year-to-date total to $12.9 billion, passing the all-time full annual record of $12.6 billion set in 2007 before the recession hit.</p>
~~

Hawaii's tourism is rebounding strongly from the national recession and it is encouraging that after lengthy caution, vigorous investment to improve the industry's core of Waikiki is moving apace with the growth trend. Hilton Hawaiian Village has embarked on ambitious improvements, and a 26-story tower has been approved as a wing of the Moana Surfrider Hotel, the first Waikiki oceanfront hotel to be erected in more than 30 years. The corporate actions are a wise response to — and are helping to spur — the rising tourist numbers.

Tourism in Hawaii recently entered record territory, with visitor arrivals and spending during the first 11 months of last year having broken an annual record set in 2007, the Hawaii Tourism Authority reported. Visitors spent $1.1 billion in November, increasing the year-to-date total to $12.9 billion, passing the all-time full annual record of $12.6 billion set in 2007 before the recession hit. Login for more...