While Hawaii's traditional hotels, 43,637
units strong and with 60% of the state's product inventory, hardly
felt the bite, condo-hotel and timeshare units, the chief
benefactors of new investment on the Islands, grew their shares of
the inventory pie at the expense of hotels, according to a report
by Hawaii's Dept. of Business, Economic Development & Tourism.
Visitor Plant Inventory report, based on a survey done in May 2006
and released yesterday, shows hotels statewide lost 2,424 rooms, a
5.3% drop from the prior year.
and timeshare units picked up the difference.
number 17,235 units, or 23.8% of total inventory, second only to
hotels. Their numbers grew by 13%, or 1,988 units, last
followed with 7,271 of total visitor units, representing an
increase of 5% in 2006, or 344 units, compared with the prior
Oahu has the
fewest properties of any of the Islands -- 213 properties -- but
nearly half (46%) of all visitor accommodations in the state with
34,008 total rooms.
To contact reporter Margaret Myre, send e-mail to [email protected].