Honolulu hotels are projected to generate $12 billion in revenue by 2025, but this translates to about $760 per visitor per night—not just for accommodations but reflecting total spending in the economy. This figure includes expenses on dining, retail, transportation, and more, highlighting the economic impact of tourism rather than the direct cost of lodging.
While industry leaders showcase this revenue as evidence of economic strength, many travelers may feel uncomfortable with rising costs. Although total tourist spending is expected to reach $21.75 billion, the number of visitors isn’t increasing; instead, spending per visitor is up, reaching a record $273 per day. Higher base rates, resort fees, and taxes make vacations more expensive.
Despite the optimism suggested by the $12 billion figure, it doesn’t necessarily indicate net profits for hotels, many of which are owned by mainland firms. The economic benefits may not fully remain in Hawaii, as rising operating costs affect profitability.
Ultimately, while the growth in visitor spending signifies a larger economic impact, it also underscores that travel experiences may feel increasingly costly for tourists.
Source link
