Disclaimer of Warranty and Limitation of Liability. As a comprehensive indicator of Hawaiis economic activities, the state general excise tax (GET) collections went up 16.0 percent in January 2022 from January 2019 (GET tax collections lags sales by one month). The rainy season has also lasted longer into the spring during La Niayears. In the current report, DBEDT predicts that Hawaiis economic growth rate, as measured by the percentage change in real gross domestic product (GDP), will increase 2.6 percent in 2022 over the previous year. The state unemployment rate will gradually improve as economic growth returns. Department of Business, Economic Development & Tourism, Non-agricultural wage & salary jobs (thousands), Real gross domestic product (millions of 2012$), Gross domestic product deflator (2012=100). The Hilo side of the island tends to be where the rainfall mostly happens while the Kailua/Kona side is the drier area of the island. Gibson said a hope of hoteliers this summer, like last, is that they might see summer bookings pick up later in the season. Dr. Eugene Tian County Social, Business and Economic Trends in Hawaii; Hawaii Facts & Figures; Other Web Sites with Statistics; Forecasts. Visitor spending is projected to be $16.7 billion in 2022, which is about a 93.8 percent recovery from the 2019 level. In the first quarter of 2023, government contracts awarded increased $2,960.7 million or 1,342.5 percent compared with the same quarter of the previous year. Essential Big Island of Hawaii Travel Guide for the Ultimate Vacation Seats from domestic flights continued surpassing the 2019 same month level during the first 4 months of 2022 with 20.8 percent increase in January, 25.8 percent increase in February, 23.3 percent increase in March and 28.1 percent increase in April 2022. We strongly urge visitors to take note that certain islands' topography changes often, as does elevation. HTA's Global Marketing Team offers a variety of consumer, travel trade, and MCI marketing opportunities. In 2021, U.S. mainland visitors accounted for 95.4 percent of total visitors, representing a 94.1 percent recovery from the 2019 level. The Valley Isle will not disappoint when it comes to the weather. Prior to 2022, last time a hurricane made landfall in . Uncertainties in 2023 Hawaii Travel Forecast Emerge Hawaii weather is about as sporadic as it gets. Source: Hawaii State Department of Business, Economic Development & Tourism, November 22, 2022. There is hardly any difference between night and day temperatures year-round. Dashboards main; County Data Portal; Tourism Dashboard; Daily Pax Dashboard; Labor Market Dashboard; Housing Market . Growth of personal income is projected to be between 3.5 and 3.1 percent for the following years until 2025. In an effort to inspire mindful travel, Hawaiis industry partners & volunteer groups have come together to encourage visitors to leave Hawaii better than when they arrived. Eco-Tourism; Family Fun There's fun for all ages here. Hawaii consumer inflation is expected to fluctuate between 2.1 and 3.1 percent in the following years until 2025. Department of Business, Economic Development & Tourism Subscribe to our FREE newsletter and let Hawaii come to you. Mahalo! Download HNN's weather app for everything you need to plan your day. What is behind the slight summer cool-down? Visitor spending is estimated to increase 9.3 percent in 2023. There are some last-minute deals on domestic flights, Hopper found, but international fares are their highest in more than five years. DBEDT is Hawaiis resource center for economic and statistical data, business development opportunities, energy and conservation information, and foreign trade advantages. Although it has improved significantly, Hawaii is still among the states with the highest unemployment rate. Hawaiis labor force participation rate continues to trend down and averaged 60.1 percent in 2021, down from 61.7 percent in March 2020. How Hawaii's tourism industry pivoted to helping locals affected by fires Get Ready For Yet Another Dramatic Change In Hawaii Travel, 2023 Hawaii Travel Ignites | Bedeviling Issues Remain, Uncertainties in 2023 Hawaii Travel Forecast Emerge, Essential Tips For Planning 2022 Hawaii Vacations, Hawaii Booms, Vaccine And Safe Travels Effectiveness Wanes, Variant Troubles Brew, Omicron Dumps Cold Water on Hawaii Travel Recovery, Omicron Variants Impact on Hawaii Travel | What To Expect. Download the Honolulu Star-Advertiser mobile app, Bidens depart Maui after spending nearly 6 hours with residents, first responders, Selection of new cars under $20,000 dwindles to one vehicle, For Gov. Flights from Japan are scheduled to recover 47.4 percent between the two periods. U.S. visitors were 13.8 percent higher than those who came during the same period in 2019. International visitors recovered 38.1 percent with Canadian visitors leading the recovery at 69.8 percent, Japanese visitors at 10.3 percent, and other international visitors at 59.7 percent. Hurricane Hilary as of early Sunday, August 20, 2023. Through its attached agencies, the department fosters planned community development, creates affordable workforce housing units in high-quality living environments, and promotes innovation sector job growth. Supply chain disruptions also contributed to the higher inflation rate. Also, international travel to Hawaii is still recovering as evidenced by a lackluster Golden Week, a series of four national Japanese holidays that took place this year from April 29 to May 5. Hopper, a provider of travel data, predicts that average domestic airfares will peak next month at $328 for a round-trip ticket, which is down from last summers record of $400 but 4% higher than in 2019. Honolulu, HI 96813 This analysis is used to visualize real-time demand month - and year-to-date tracking of arrivals and is not used to calculate visitor arrivals or volume. Kauai Weather - including Garden Isle weekly forecast, rainfall and temperature graphs, and precipitation map. The Covid-19 pandemic has ground Hawaii tourism to a halt, resulting in a drop of 98.8% in the second quarter . HTA works to promote Hawaii's brand around the world. All trademarks, logos and brand names are the property of their respective owners. Here's What That Means for You A more sustainable, less colonial experience awaits. As these government supports faded out in early 2021, personal income is expected to decrease in 2022 by 1.7 percent, following a 5.0 percent increase in 2021. Non-agriculture payroll jobs are forecast to increase by 4.8 percent in 2022 then will increase by 3.2 percent in 2023, 2.6 percent in 2024, and 2.2 percent in 2025. Website design and marketing by TechSpokes Inc. Stay abreast of the latest island travel news, tips, deals, and more. The low recovery rate in financial activities was mainly caused by the reduction of 1,200 jobs in finance and insurance, and 500 job loss in real estate and rental and leasing industries just for the month of October 2022 as compared with the same month a year ago. Copyright 2023, State of Hawaii. Theres a tremendous amount of uncertainty, and almost all of it is coming from the omicron variant., Were in a much, much better place than we were a year ago, Bonham said. The declining labor force participation rate is a sign of just how tight the labor market is and indicates a labor shortage. Renewed international travel restrictions have reduced the near-term visitor Read More December 17, 2021 After adjusting for inflation, real contracting tax base decreased by 10.7 percent during the first seven months of 2022. Forecast Eye Path updated 2 . U.S. gas prices are higher than theyve ever been at this time of year., Cost and availability of labor. One minute it's raining and the next the sun's out - welcome to the tropics! PDF 22Q2 UHERO State Forecast Update The average daily rate paid for a hotel room in Hawaii increased 0.5% to $376 per night. According to the U.S. Bureau of Economic Analysis, Hawaii's economic growth rate, as measured by the growth of real gross domestic product (GDP), dropped 10.8 percent in 2020 and increased 3.2 percent during the first three quarters of 2021. Eric Takahata Hawaii Tourism Japan managing director Prev Next Visitors from Japan to Hawaii are only about 18% recovered from pre-pandemic times, sparking concern that what was once the. As currently scheduled, total air seats during the December 2022 to January 2023 period will be fully recovered from the December 2019-January 2020 period. Average monthly unit occupancy for a vacation rental last month was 56.6%, a drop of 15.8 percentage points from the same month last year. Ocean temperatures remain pretty comfortable throughout the year ranging from 80F (27C) in the summer to a milder 74F (23C) in the winter. DBEDT Quarterly Forecast; DBEDT Quarterly Tourism Forecast; Long Range Projections; Reports; Dashboards. If it makes landfall on California as a tropical storm, it will be the first . Occupancy rates across all accommodations reached 80%. 2/ July 1 count. Direct scheduled service from China and Taiwan to Hawaii is still nonexistent in this years schedule, he said. One mistake a lot of people make when they visit Hawaii is to assume there is a wet and/or dry season, but it's not quite that simple. In 2021, there were 25,970 homes sold statewide, the highest since at least 2008 when the home sale statistics were collected. Hawaii also is now facing greater competition as most global destinations have fully reopened to travel. Travel Tips for Hawaii's Big Island. Department of Business, Economic Development & Tourism, Non-agricultural wage & salary jobs (thousands), Real gross domestic product (millions of 2012$), Gross domestic product deflator (2012=100). Tians forecast Tuesday puts even more pressure on legislators in this upcoming legislative session to come up with specific plans to control access at state-run parks and beaches, such as Diamond Head and parts of Oahus North Shore, by possibly charging new tourism user fees and limiting parking at popular state parks and beaches following the model at Haena State Park, which reinvented itself following the 2018 devastating floods and landslides on Kauais North Shore. Don't let the wet locations and/or cities fool you, it can be plenty dry in Hawaii on the Leeward side of the islands. As the negative impacts on our economy from the Covid-19 pandemic subsides, we find ourselves facing another challenge. Hawaii visitors threw caution to the wind and spent without remorse this year. The Best Time to Visit Hawaii - TripSavvy Hotel room demand and total revenues also were lower in April than they were in April 2022. Newly released! Ultimately, our message is simple: Keep the topography and elevation of where you are traveling in mind and prepare accordingly. The center of the island is home to one of the wettest locations on the planet, Mt. Historical Visitor Statistics. Pursuits Travel Hawaii Is Rethinking Tourism. All rights reserved. The Hawai ' i Tourism Authority (HTA), the legislative body that oversees tourism in Hawai ' i, is behind a push to evaluate - and improve - the island chain's relationship to tourism. Sunday, 8/13 - Thursday, 8/17. The rate (not seasonally adjusted) is projected to be 3.6 percent in 2022, 3.5 percent in 2023, 3.2 percent in 2024 and will finally decrease to 2.9 percent in 2025. Ka Oihana Hoomohala Poihana, Imi Waiwai a Hoomkaikai, Economic Recovery Continues Despite Rising Uncertainties, About the Department of Business, Economic Development & Tourism (DBEDT). We are responsible for protecting the iconic brand of the Hawaiian Islands. These trade winds bring cool air to the islands from the north, often resulting in precipitation along inland/mountain and windward areas. In January 2022, the state net individual income tax revenue increased 42.8 percent from the same month of 2019. All rights reserved. Nominal personal income is estimated to increase by 3.4 percent in 2023. Hawaii tourism forecast upgraded by economists ~ Trusted by Millions of Hawaii Visitors Annually ~. Your use of this website constitutes your acceptance of all the terms, conditions, and disclaimers posted herein. In December 2021, the total number of people employed either as payroll employees or self-employed was the highest since March 2020 at 610,350 and represents a 92.5 percent recovery compared to the pre-pandemic period of December 2019. 1:15 HONOLULU Officials in Hawaii have approved a plan to reduce the number of tourists on its most populous island. Japan tourism falling behind expectations - Honolulu Star-Advertiser The big takeaway from all of this is the pandemic continues to drive the forecast, particularly in the near term, Bonham said. Also Thursday, DBEDT reported that vacation rentals across Hawaii had lower demand and occupancy in April compared to April 2022. Dr. Eugene Tian 2023 Hawaii Travel Ignites | Bedeviling Issues Remain All trademarks, logos and brand names are the property of their respective owners. As far as temperature goes, plan accordingly for the island you're visiting. Hawaii's weather is warm all year round with daytime high temperatures ranging from 78F in the "colder" months to 88F in the hotter months. Severe Weather AccuWeather Ready Winter Center. In 2021, the value of private building permits issued by the county building departments increased 20.5 percent of which the value of residential building permits increased 74.2 percent while the value of commercial and industrial permits and additions and alterations building permits decreased 11.0 percent and 10.7 percent, respectively. (Hawaii News Now) The U.S. Coast Guard also installed "absorbent booms" at eight storm drain outfalls entering the ocean . As a comparison, the seasonally adjusted unemployment rate was 6.1 percent and not seasonally adjusted rate was 6.0 percent during the first 10 months of 2021. Hawaii will welcome an estimated 9.9 million visitors in 2023, an increase of 7.2 percent from the 2022 level. * Hawaii-Guide.com is not a booking agent, accommodation provider, establishment, or tour operator. For 2023, the national economic growth rate was projected to be at 2.6 percent. Hawaii economists revise forecast downward amid Covid-19 loss of Winter also brings the most prominent surf waves on the islands, especially on the north shore beaches. During the first nine months of 2022, the average monthly job openings was 46,400 and the average monthly hires was 29,600, leaving 16,800 positions unfilled. Our popular Summary Guidesheets are now included. Website design and marketing by TechSpokes Inc. Stay abreast of the latest island travel news, tips, deals, and more. Tian and Carl Bonham, executive director of the University of Hawaii Economic Research Organization, presented some concerning data but outlined a generally optimistic economic recovery clouded by plenty of unknowns, especially with uncertainty over the omicron variant and lingering questions about when international travelers will return in large numbers. 2023 Hawaii Travel Guide. Hawaii Visitors and Convention Bureau's Market Insights Non-agricultural payroll jobs grew 2.0 percent from 2020 to 2021 and recovered to 86.3 percent of the 2019 level. Honolulu, HI - National Weather Service (in millions of 2021 dollars). Resident Sentiment Survey. (808) 586-2470 Hawaii's proximity to the equator means that its weather is tropically warm and consistent throughout the year. The coastal areas, where you can find most of the resorts and accommodations, are usually warm and sunny year-round. Of the homes sold during first nine months of 2022, 12,922 units or 75.0 percent were sold to local buyers and 4,315 units or 25.0 percent were sold to out-of-state buyers. I remain positive about being able to improve the economic prosperity for all of Hawaiis citizens because of their commitment to be safe, resilient, innovative, patient and to persevere. County Social, Business and Economic Trends in Hawaii, Energy Industry Information Reporting Program (EIIRP), Non-agricultural wage & salary jobs (thousands), Real gross domestic product (millions of 2012$), Gross domestic product deflator (2012=100). 8/13 8/15 8/16 8/17 11 PM 11 AM 11 PM 11 PM. Click here to DONATE to the MAUI RELIEF Fund. The Big Island alone has nearly all of the world's climate zones. At the start of 2020, we introduced a six-year strategic plan to guide our vision and our responsibilities in support of Hawaii's communities through 2025. The economic expansion path will continue with a 2.5 percent increase in 2023, 2.3 percent in 2024, and 2.0 percent in 2025. Copyright 2023, State of Hawaii. Learn more here. Sounds pretty wet right? Those leverage renting large vacation rentals that can accommodate 6, 8, or more people for far less money than traditional hotel costs, while providing the opportunity to cook meals and improve vacation quality. Sightseeing Breathtaking natural wonders, landmarks and more. Also Thursday . >> Construction will be the star industry for the next few years especially residential construction, Tian said. Green, a balancing act with no margin for error, DLNR names interim water deputy following Maui fires, Details emerge on some of the victims through social media, Rice shortage sending prices soaring worldwide, Tech View: Grassroots tech efforts support Maui recovery, American Airlines pilots ratify contract with big pay raises, Voice of Nintendos beloved Mario character steps down, Aug. 24, 1959: Hiram Fong, Daniel Inouye make history in Congress, By Allison Schaefers aschaefers@staradvertiser.com. Download the Honolulu Star-Advertiser mobile app to stay on top of breaking news coverage. As a comparison, the average weekly initial unemployment claims were 1,200 in 2019. Initial unemployment claims, between the week ending March 5, 2022, and the week ending November 19, 2022, have been stable at 1,175 per week; this was similar to the same period in 2019 when the average weekly initial unemployment claims were at 1,172. Travel will move to include shorter individual and small family vacations. You may be driving along the island and be in a rainstorm one minute and in bright sun the next. Hawaii is expected to see 8.86 million visitors this year, followed by annual increases until pre-pandemic record numbers are nearly reached in 2024, when the islands are forecast to . Department of Business, Economic Development & Tourism. Hawaii's Top Hotels, Resorts, B&Bs, & Vacation Rentals, Hawaii's Best Sights, Attractions, & Adventures. The south shore and east coast tend to be drier as the north shore is wetter. State tax collection started the year with 31.1 percent surge in general fund revenue in January 2022 from the same month in 2019.

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