openPR Logo
Press release

Hawaii Tourism market Spend Analytics & Forecast

02-24-2017 02:07 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Tourism forms an important sector of the economy of Hawaii and contributes to the economic prosperity of the region. Tourism contributes to job creation and gives an impetus to the local economy. The tourism economy of Hawaii suffered a lot due to the Great Recession of 2007 and 2008 but is now at par with the pre-recession levels and tourists are coming to Hawaii in record numbers.

Hawaii Tourism Spend Analytics & Forecast: Sector Drivers and Restraints

A lively, sunny tropical weather is a major factor driving the tourism industry in the Hawaii islands. In addition, a major factor impacting tourism in the region is the excellent infrastructure facilities provided for tourists, which acts as a major driver for tourism. In addition, Hawaii is a popular destination for international tourists coming from China, Japan and South Korea and domestic tourists coming from the West Coast and East Coast. Tourism in Hawaii is growing in record numbers and its reputation for being a tropical paradise with pristine beaches and a rich culture and history makes Hawaii an attractive destination for tourists. However, as Hawaii is far from the US mainland, there is a huge cost in transporting products for everyday use, which makes Hawaii a comparatively expensive destination for tourists. Besides, a huge influx of tourists is also taking a toll on the pristine natural beauty of this region and may act as a restraint on the tourism sector in Hawaii.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3001

Hawaii Tourism Spend Analytics & Forecast: Key Statistics

In the year 2015, a record breaking 8,679,564 tourists arrived in Hawaii by air or by cruise ships as per the data provided by the Hawaii Tourism Authority. This is an increase of 4.3% from the previous record of 8,320,785 tourists in the year 2014. As per the data provided by the same source, total visitor days have also increased by 3.5% in the last year. However, the average spending per visitor, which was $196 per tourist in the year 2014 decreased to $191 in the year 2015. This had a bearing on the total expenditure by all tourists in the year 2015, which came to a figure of $15.11 billion, and was just a marginal increase from the 2014 figures. On the other hand, the total tourist expenditures declined 1.6% as compared to 2014 when the receipts were adjusted for inflation.

As per the figures provided by the Hawaii Tourism Authority, lodging was the largest expenditure category by all tourists to Hawaii, and in the year 2015 this rose 1.8% to reach a figure of $6.3 billion. This comprised a total of 42% of the total tourist expenditure in the year 2015. Food and beverage was the second largest category and comprised 20% of the total tourist spending, to reach a figure of $3.1 billion. However, shopping expenditures declined 5.1% as compared to the 2014 figures and reached a figure of $2.2 billion. In addition, spending on transportation increased by 2.7% as compared to the 2014 figures and reached a figure of $1.4 billion. Expenditures on recreation increased by 1.8% as compared to the 2014 figures to reach a figure of $1.3 billion in the year 2015.

Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3001

In addition, as per the figures provided by the Hawaii Tourism Authority, in the year 2015, supplemental business expenditures rose to a figure of $134.1 million, which rose by 9.8% as compared to the 2014 figures. Supplemental business expenditures are additional business expenditures spent locally on corporate meetings by out of the state visitors, which are not included in personal spending and are usually costs on venue and equipment rentals, transportation, etc.

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

Contact Us:
Future Market Insights
616 Corporate Way,
Suite 2-9018,
Valley Cottage,
New York 10989,
United States
Tel: +1-347-918-3531
Fax: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hawaii Tourism market Spend Analytics & Forecast here

News-ID: 448871 • Views:

More Releases from Future Market Insights

Germany Powdered Soft Drinks Market Forecast: 3.5% CAGR Growth from 2025 to 2035
Germany Powdered Soft Drinks Market Forecast: 3.5% CAGR Growth from 2025 to 2035
The global powdered soft drinks market is set for significant expansion over the next decade, projected to grow from USD 13.1 billion in 2025 to approximately USD 18.3 billion by 2035, registering a compound annual growth rate (CAGR) of 3.4%. This growth is driven by evolving consumer preferences for convenient, on-the-go beverage solutions and a rising awareness of health and wellness. Powdered soft drink sales in Germany are projected to grow
Frozen Food Market Set to Reach USD 785.1 Billion by 2035, Driven by Convenience, Premiumization, and Technological Advancements
Frozen Food Market Set to Reach USD 785.1 Billion by 2035, Driven by Convenience …
The global frozen food market is poised for remarkable growth over the next decade, with its value projected to rise from USD 464.0 billion in 2025 to approximately USD 785.1 billion by 2035, reflecting an absolute increase of USD 321.1 billion and a compound annual growth rate (CAGR) of 5.4%. The expansion is being fueled by rising consumer demand for convenient, ready-to-eat meal solutions, the widespread adoption of advanced freezing
Global Food Emulsifiers Market Set to Reach USD 6.4 Billion by 2035, Driven by Clean-Label, Plant-Based, and Innovative Applications
Global Food Emulsifiers Market Set to Reach USD 6.4 Billion by 2035, Driven by C …
The global food emulsifiers market is poised for remarkable growth over the next decade. Valued at USD 4.1 billion in 2025, the market is projected to reach USD 6.4 billion by 2035, reflecting an absolute increase of USD 2.3 billion and a compound annual growth rate (CAGR) of 4.5%. This surge is driven by expanding food processing industries, rising consumer preference for convenient foods, and a growing emphasis on plant-based
Global Egg Protein Market Set to Reach USD 19 Billion by 2035, Driven by Clean-Label and Sports Nutrition Demand
Global Egg Protein Market Set to Reach USD 19 Billion by 2035, Driven by Clean-L …
The global egg protein market is poised for remarkable growth over the next decade, expanding from USD 10.1 billion in 2025 to an estimated USD 19.0 billion by 2035, reflecting a total growth of USD 8.9 billion and a CAGR of 6.5%. This surge is underpinned by rising consumer demand for high-protein, clean-label ingredients and increasing adoption across bakery, confectionery, sports nutrition, and dietary supplements. Full Market Report available for delivery.

All 5 Releases


More Releases for Hawaii

Hawaii Towing Company Inc. Explains Why They are the Go-To Towing Company in Haw …
Image: https://www.getnews.info/wp-content/uploads/2024/07/1721910449.jpeg Hawaii Towing Company Inc. is a top-rated towing company. In a recent update, the company explained why they are the go-to towing company in Hawaii. Waipahu, HI - In a website post, Hawaii Towing Company Inc. explained why they are the go-to towing company in Hawaii. The team affirmed that their professional tow truck service Kapolei [https://www.google.com/maps?cid=11601308502325345684] sets them apart from the competition. Every Hawaii Towing Company Inc. staff member
Creating A Love Temple And Ritual During An Massage Near Hawaii 96813, Honolulu, …
Introduction A massage is a therapeutic practice that has been around for centuries. It helps reduce stress, promote relaxation, and improve overall health. In Hawaii, in particular, massages have long been used to treat physical and emotional ailments. Massage therapists in Hawaii are incredibly skilled and experienced when it comes to providing a soothing and relaxing experience for patrons. But what many people are not aware of is that it is
An evening in Valencia – or rather Hawaii?
Spanish language students from Valencia visit a Hawaiian surf party Valencia. To go surfing without going into the sea, swallowing salty water and returning to the beach frustrated, sounds like something impossible. But on the Hawaiian surf party it worked out. Spanish language students of a language school in Valencia were given the opportunity to go on such a party at a public pool in Valencia. The doors of the
Quest CE’s Hawaii Annuity Training Course Approved
MILWAUKEE – August 15, 2011 – Quest CE, premier provider of insurance continuing education and FINRA firm element training and tracking, is proud to announce their Hawaii Annuities Training Course has been approved and meets the state’s annuity training requirements. Hawaii has adopted the NAIC Suitability in Annuity Transaction Model Regulation recommendation, enacted as Act 108, to comply with the federal Dodd-Frank Wall Street Reform and Consumer Protection Act. Effective
Qmania Hawaii Launches Group Buying Deals
Qmania is offering premium deals to mass audiences for massive discounts. Attendees will learn how Qmania can help create aggressive deals that bring attention to their business. Qmania CEO Doug Kato explains “Buzzworthy Deals gives businesses cost effective promotions to attract new customers, and an opportunity for business and customers to stay connected through our proprietary system. Buzzworthy Deals is a great way for customers to save money, giving them
All Inclusive Hawaii Hotels for Family Vacations
Maui, one of the best islands of the world, is mostly famous for its unbeatable beaches. It offers a perfect location for enjoying a dream Hawaii vacation. Not only does Maui offer 30 of the most exotic and fabulous beaches, but it also offers a variety of fabulous attractions to make your holiday in Maui an unforgettable experience. A couple of notable Maui attractions besides the beaches that you must