Summer rebound possible – Hawaii Business: Tourism

Lead hospitality industry could begin to rebound this summer; however, recovery could take five years, speakers said at an annual Visitor Industry Leaders briefing.While Hawaii's hospitality sector has outpaced competitors during the downturn, its overall performance is “almost too embarrassing to talk about,” said Joseph Toy, president and chief executive officer of Hospitality Advisors LLC.”We lost $2.6 billion from 2008 through September of 2009,” Toy said at the event held yesterday at the Halekulani Hotel.

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