The Asia Pacific Economic Cooperation meetings held earlier this month on Oahu helped Waikiki hotels generate an estimated $37.7 million in revenue Nov. 7 through 12, an increase of $8.7 million over the same period last year, according to a report released Nov. 21 by Hospitality Advisors and STR.

“The APEC conference not only provided a nice off-season market bump but more importantly helped showcase Hawaii's ability to host such a prestigious global event,” Joseph Toy, president and CEO of Hospitality Advisors, said in a statement.

Hotel occupancy at Waikiki hotels also increased year over year each day during the APEC conference, peaking at 87.3% on Friday, Nov. 11, and was up about 1.3% overall when compared with the same period in 2010.
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