Pacific Business News
Published October 8, 2001
Hawaii timeshare industry expert Mitchell Imanaka says the timeshare business took a hit from the terrorist attacks
but is generally doing better than hotels are.
"Hawaii's time share resorts appear to be weathering the storm at a decidedly higher level than other hospitality
products, including hotels," Imanaka says.
He writes in the new edtion of his Hawaii Vacation Ownership Faxletter that occupancy levels at many of the island
timeshare resorts remain fairly strong, between 70 and 90 percent.
"This resiliency, while not necessarily unexpected, is certainly testimony to the value of timeshare resorts
as an important component of the hospitality mix in a resort destination," Imanaka says.
On the mainland, timeshare industry analysts have speculated that timeshare owners are less willing to delay travel
because they have money invested in properties and view travel cancellation as wasteful.
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