Sunday, November 13, 2005

Study Looks At Impact Of Condo And Timeshare Conversions

A new study says a projected increase in statewide visitor accommodations is expected to help augment hotel room tax and general excise tax collections.

The study released by the Hawaii Tourism Authority says the additional inventory is being driven primarily by development of new timeshare and resort condominium properties.

Rex Johnson is president and chief executive officer of the Hawaii Tourism Authority.

He says until now, information on Hawaii's changing visitor accommodations has been largely anecdotal.

Johnson says the report prepared by Hospitality Advisors L-L-C attempts to quantify what's been happening and what will occur.

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