HONOLULU (AP) Tourism to the island nation of Hawaii is surging again thanks to a strong economy and growing population, but some of the biggest growth in recent years has come in the tourist industry, which relies heavily on tourists.
The tourism industry has grown at a rate of roughly 10% annually since 2000, but the state’s economy is forecast to shrink by a further 2.4% by 2031.HONOLU tourism officials say the tourism industry is not going away, and a recent report from the National Tourism Administration says tourism is on track to grow again this year.
In an update released Thursday, the NTA said that tourism revenue is expected to be around $6.6 billion this year, up 3% from last year.
That’s due largely to a rise in domestic tourism, which grew from $2.7 billion to $4.6b, and domestic air travel, which has risen to $5.2 billion.
Tourism is a key economic driver for Hawaii, with more than 90% of the state economy dependent on tourism, and more than $100 billion in spending is expected in 2020.
Tourism is projected to grow at a 2.5% annual rate in 2021.
Tourists come from all over the world to visit Hawaii, including from Europe, Asia, the United States and the Caribbean.
Tourist spending is estimated to reach $5 billion in 2020, with the majority of the spending coming from overseas.
That will rise to $9.7 bn by 2021, with some of that growth coming from Europe.
The increase in international spending is due to the influx of visitors in recent decades, as countries like Spain, France and Germany have opened their doors to visitors.
Tourisms are also projected to rise at a 3.6% rate in 2022, which is driven by higher numbers coming from the Caribbean and Europe.
Hawaii has been home to some of Asia’s most famous islands, including Hawaii’s Kilauea, Maui and Kahoolawe, and some of its most popular attractions include Hilo’s iconic Waikiki Beach, Mauk’s Kahuku and Kahala’s Oahu Beach.
The Honolulu Star-Advertiser reported in August that the number of people living in Hawaii has doubled in the last decade.
That is due in part to a growing number of international visitors.
In the past, the tourism boom would have been driven by an influx of foreign workers who would have brought jobs and higher wages to Hawaii.
But the U.S. and Europe have increased their numbers and are now the largest exporters of labor in the world, and tourism is also a significant part of the economy.
Hawaii’s economic boom is also driven by a growing population.
The number of residents is projected increase by more than 25% by 2020, according to the NUA.
The state’s population will rise from 632,000 to 762,000 by 2026, an increase of nearly 6%.
The state is also projected, however, to see a small drop in its unemployment rate, from 3.7% to 3.1%.