2021 Plan of Finance Amortization

OF STATE O 1959 HAWAI Returning Tourism to Hawaii The State Successfully Managed the Return of Tourism to Hawaii In July 2021, total passenger arrivals reached 89% of July 2019 levels and domestic passengers were 112% of July 2019 levels ■In July 2021, domestic and international air seats were at 118.1% and 2.1% of 2019 levels, respectively ■ Hotel occupancy rose to 82% by July 2021, up from 24% in December 2020 and almost matching July 2019 occupancy levels of 85% ■ Hotel room RevPar rebounded in July 2021 to $303, dramatically higher than the December 2020 RevPar of $69 and even surpassing the July 2019 level of $260 ■Many hotels are using the opportunity to reinvest and improve their facilities Hotel Occupancy January - July (2019 vs. 2021) 100% 80% 60% 40% 20% 0% Jan Feb Mar Apr May Jun Jul ■2019 2021 Total Passenger Arrivals (1) 50,000 5 40,000 30,000 20,000 10,000 له Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2019 -2021 Domestic Passenger Arrivals (1) 50,000 40,000 30,000 20,000 10,000 Sources: Hawaii Department of Business, Economic Development & Tourism - Monthly Economic Indicators & Tourism Data Warehouse. (1) 7-Day Moving Average. لله m Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2019 2021

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