Hawaii: Return of tourists, stimulus money improve Aloha State’s pessimistic tax outlook
Hawaii’s Council on Revenues on Thursday offered a less pessimistic outlook for state tax revenue for the current fiscal year given the way the tourism industry has recovered under the state’s COVID-19 testing program for travelers.
The council said it expects general fund tax revenue to decline 6.5% during the 12 months ending in June, less than the 11% drop it had projected in September.
Click here to read the story from usatoday.com.
- What is tourism?
- How do you think Hawaii benefits from tourism?
- How has the pandemic impacted Hawaii’s economy from a tourism perspective?
- Why might the pandemic make it more challenging to attract tourists for destinations like Hawaii?
- According to this story, what is Hawaii’s tourism outlook for the new year?
- If you were a marketing professional working for Hawaii’s tourism department, what would you do to try to encourage more visitors? Be prepared to discuss your answers.