Hawaii Timeshares Flourish while Hotel Stays Dip
Hawaii hotel rooms are going empty, but the timeshare industry says owners continue to flood into the islands.
A report by American Resort Development Association says timeshare occupancy for the most recent quarter in Hawaii was 89 percent, 20 percentage points higher than hotel room occupancy.
The association points out that owners have already paid for one of the biggest vacation expenses and are unlikely to cancel even when other expenses rise.
Association Chairman Mitchell Imanaka says timeshares continue to be a reliable source of revenue for Hawaii's economy.
Larry Hayden
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posted : 12:21 PM
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