Quantcast
  

Thursday, October 30, 2014         

TOURISM TURNS BENEFITS


TO ACCESS SUBSCRIBER CONTENT:
Current Print Subscribers
ACTIVATE account
- OR -
LOGIN or SUBSCRIBE
for full digital access

Banking and tourism enjoy symbiotic relationship

Recovery and record visitor numbers inject confidence throughout state, from business hiring and expansion, to consumer spending and lending

By Peter Ho

POSTED: 01:30 a.m. HST, May 12, 2013

~~<p><strong>FINANCE</strong></p>
<p>What would Hawaii's economy be without tourism? People may differ in their answers, but at more than $14 billion in visitor spending and comprising 17 percent of state GDP (gross domestic product), this story line is clear: Tourism drives Hawaii's economy. While we might hope for greater diversity in our economy in the future, achieving that diversity can be achieved only by using the economic drivers we have today as a bridge to tomorrow. The world today is truly global and brutally competitive.</p>
~~

FINANCE

What would Hawaii's economy be without tourism? People may differ in their answers, but at more than $14 billion in visitor spending and comprising 17 percent of state GDP (gross domestic product), this story line is clear: Tourism drives Hawaii's economy. While we might hope for greater diversity in our economy in the future, achieving that diversity can be achieved only by using the economic drivers we have today as a bridge to tomorrow. The world today is truly global and brutally competitive. Login for more...



Login or sign up below for the complete story

Print Subscribers
ACTIVATION
Current print subscribers, activate your premium content account for unlimited online access & commenting
New Subscribers
Find subscription offers in your area and choose the package that suits your reading preferences.

14-DAY PASS
14 day premium online access and commenting ability on StarAdvertiser.com