Small business

Major wildfires on the Hawaiian island of Maui have killed dozens of people and caused heavy damage, particularly in the historic town of Lahaina, as of Aug. 10, 2023. The state has asked all visitors to leave Maui and those planning to travel there to reschedule their trips – a harsh blow to a destination whose economy relies heavily on tourism. University of South Carolina research professor Rich Harrill, an expert on hospitality and tourism, explains how such events affect places like Maui in the short and long terms. How tourism-dependent is Hawaii compared to other popular destinations? Compared to other destinations, Hawaii is very reliant on tourism – it comprises about 25% of the state’s economy. According to the Hawaii Department of Business, Economic Development & Tourism, visitor spending was projected to be US$20.8 billion in 2023 and $23.4 billion in 2026. Tourism plays an even greater role on Maui. Maui County has the state’s highest re...