Reported by Star-Bulletin staff & wire
Friday, October 2, 1998
Oahu visitor attractions record soft summer
Summer business was anything but hot for Oahu's major tourist attractions.Gross revenues at attractions such as Atlantis Submarines, the Polynesian Cultural Center, Sea Life Park and the Arizona Memorial were down 5.5 percent in June, 8.8 percent in July and 5.5 percent in August compared with the same months last year, according to a report by the Hawaii Attractions Association and KPMG Peat Marwick LLP. Attendance figures were down 4.5 percent in June, 1.4 percent in July and 5.5 percent in August, said Bob Taylor, president of Maui Divers Jewelry Design Center and chairman of the group. The summer months are normally strong for the attractions, he said.
The association blamed a drop in Japanese tourists and said many repeat visitors from the mainland had seen the attractions before.
Mauna Loa partnership to change its name
Mauna Loa Macadamia Partners LP will change its name to ML Macadamia Orchards LP on Monday. The New York Stock Exchange-traded macadamia grower said the change is needed to eliminate confusion with Mauna Loa Macadamia Nut Corp., the privately owned business that processes and markets the nuts and owns the Mauna Loa trade mark.The orchard partnership grows macadamia nuts on more than 4,000 acres of Big Island land. It is a limited partnership whose shares, or partnership units, are publicly traded. The separate marketing corporation is a subsidiary of privately held C. Brewer & Co.
Philippine Air plans to restart next week
MANILA -- Debt-laden Philippine Airlines said today it will reopen next week after its workers voted by a wide margin to accept a management-proposed recovery plan. About 61 percent of ballots cast by members of PAL's largest union supported the plan, officials announced. Under the proposal, workers will accept a 10-year suspension of their collective bargaining agreement in exchange for 20 percent of the company's stock and seats on its board.PAL said it can resume flights to 14 domestic destinations next Wednesday and its international operations several weeks later.
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