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Hawaii Economic Forecast:
Post-War Tourism Struggle Won't Derail Economy

Posted April 15, 2003 | Categories: Forecasts, Hawaii's Economy

For the second time in 18 months, Hawaii is faced with a dramatically worsened external environment. Even before the outbreak of war in Iraq, war jitters had begun to chip away at the steady recovery progress of island tourism. Since the onset of hostilities, Japanese travel in particular has fallen sharply. And even as news from the front began to raise hopes for a speedy stabilization, the mushrooming Severe Acute Respiratory Syndrome (SARS) threatens to suppress Japanese arrivals here for many months. The environment for tourism has turned from bad to worse.

forecast Summary


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