A weaker Japanese yen could hurt Hawaii tourism
Along Maui, Hawaii's Hana Highway there are countless picturesque spots, including a string of pools and waterfalls that are easily accessed for swimming, cliff jumping, and people-watching, on the Pipiwai Trail. Tor Johnson / Hawaii Tourism Authority/MCT
While any decline in visitors isn’t ideal, Japan’s importance to Hawaii is still behind that of Canada and the U.S. west coast.
A drop in the value of the yen could be bad news for Hawaii’s tourism industry.
That’s because the yen is weakening as the dollar is strengthening.
The Honolulu Star-Advertiser reports that on Thursday the dollar traded above 100 yen for the first time since April 2009. Japan Airlines says the drop in the yen’s value may have contributed to a 2.9 percent decline in Japanese visitors to Hawaii during the Golden Week string of national holidays from April 26 to May 6.
The airline says it carried 26,573 passengers to Hawaii from Japan over the recently concluded holidays.
Information from: Honolulu Star-Advertiser, http://www.staradvertiser.com
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