- Toyota's 2008 Operating Loss Is Likely to Grow
- Japan's Output Falls at Record Pace, Outlook Is Bleak
- Toshiba, NEC in Talks on Merging Chip Units
- Asian Markets Fall as Global Economy Worsens
- Broadcom Swings to Loss; Shares Move Lower
- Gold Rises 2 Percent on Safe-Haven Bids
- Amazon Earnings Unexpectedly Rise, Crush Forecasts
- Biden: Stimulus Package Will Get Better With Changes
- Dominion Sees 2009 Operating Profit Up 4%
- Sell Block: Does Infrastructure Still Work?
- Lightning Round: Wal-Mart, Vale, JPMorgan Chase and More
- Lightning Round OT: Travelers, ITT and More
- Executive Decision: Chesapeake Energy CEO Aubrey McClendon
- Cramer's 2 Favorite Oil and Gas Stocks
- Cramer: Blame Washington for Your Troubles?
- Dell Goes Handheld, Again
- Web Extra: Fast & Furious Trades For Friday
- The Moral Hazard Of A 'Bad Bank'
- Mexico's Cemex posts $707 million 4th-qtr loss
- Security official wants 'criminal aliens' deported
- Disney/ABC TV Group cuts 400 positions
- Japan industrial production falls, unemployment up
- Eddie Bauer to eliminate 193 positions
- Regulators deny insurers' request to relax rules
- Internap names Eric Cooney as new CEO
- Stanley 3rd-quarter results top analyst estimates
- Juniper shares fall on 4Q sales miss
HONOLULU - Hawaii's largest industry took a big hit in 2008, with a double-digit decline in the number of visitors coming to the islands.
A 16.5 percent decrease in December arrivals capped a year that saw 6.8 million tourists — a 10.8 percent drop from 2007, the state Department of Business, Economic Development and Tourism said Wednesday. It was the first time since 2004 that Hawaii welcomed fewer than 7 million tourists.
Visitors who arrived by air in 2008 spent $11.3 billion, a $1.2 billion, or 9.9 percent, fall from the previous year, the department said.
Hawaii's top four visitor markets all recorded declines in the number of visitors flying to the islands in December, compared with the same month in 2007.
State Tourism Liaison Marsha Wienert said an exceptional first quarter in 2008 helped offset the impact the world economic crisis has had on Hawaii's visitor industry and the state's economy.
"The results for the year and for December were expected, however we continue to believe that in spite of the challenges, opportunities exist," she said.



