Hawaii State Treasury and Economic Update

Visitor Industry Hawaii's visitor industry has been through many economic cycles and global events Visitors by Accommodation Type Visitor Diversification Hostel 0.5% Condo Hotel 12.9% B&B 0.6% Timeshare 15.0% Hotel 53.6% Apt/Hotel 0.1% Others Vacation 0.5% Rental 16.8% STATE Region U.S. Mainland 2009 Arrivals 4,280,286 % of Total 65.7% 2019 Arrivals % of Total 6,879,215 66.0% Japan 1,168,080 17.9% 1,545,806 14.8% Canada 346,583 5.3% 535,267 5.1% Oceania 136,717 2.1% 362,360 3.5% China 41,924 0.6% 93,703 0.9% Korea 51,353 0.8% 225,479 2.2% Europe 104,403 1.6% 138,550 1.3% Latin America 17,502 0.3% 25,957 0.3% Others 370,206 5.7% 618,658 5.9% Total 6,517,054 100.0% 10,424,995 100.0% Record of Resilience: Hawaii Visitor Arrivals 9/11 Terrorist (in millions) Attack SARS Epidemic Global Financial Crisis Japan's Tsunami 12 10 6 4 2 0 8 2000 6 (1) Projected. 2001 2002 Source: Hawaii Department of Business, Economic Development & Tourism. 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Calendar Year Volcanic Eruption COVID-19 Pandemic Actual Projected 2013 2014 2015 2016 2017 2018 2019 2020 (1) 2021(1) 2022(1) 2023 (1) 1959

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