Outrigger Maui Eldorado Mention

Aloha Kakou:

We used the comp fund to bring this author here to the Outrigger Maui Eldorado. The author clearly understands our off-beach value propostion, as well as the more subdued nature of the property.

http://ccnewspaper.com/index.php?option=com_content&task=view&id=953&Itemid=45

Completed Cabana Pix

Aloha Kakou:

Here are some photos of the completed kitchen area of the cabana. The cabinets were replaced, new solid-surface countertops installed, new flooring laid and new appliances purchased.

In addition, the entire building was painted and eaves with recessed lighting were installed.

Baby Boomers Start To Travel In Retirement

Aloha Kakou:

For the next 19 years, each day 11,000 Americans will turn 65.

Baby boomers have a very different idea of how to travel following retirement:

- They want to believe that they are having a unique travel experience;
- Vacations are learning experiences;
- There is an emphasis on experiential, sustainable, interactive and thematic travel;
- These travelers have a desire for discovery and educational enrichment;
- They are seeking intellectual, spiritual and physical enhancement and they are also looking for fun at the same time;
- Family and intergenerational travel is important to them.

http://www.travelweekly.com/article3_ektid225760.aspx

New Kaanapali Light Posts

Aloha Kakou:

Kaanapali resort has been working on installing new streetlights along the resorts roads. These new lights, which are much more energy efficient, are also more aesthetically pleasing than were the old aluminum standards. You can see the base of the old lamp just to the right of the new one.

Can You Stand The Excitement?!

Aloha Kakou:

You've been waiting for it with eager anticipation and today, just in time for Christmas, the new backflow diverter has been installed!

Next to the water meter near the main driveway, the backflow diverter will keep water from flowing back (hence the name) from the property into the public water lines should there be a drop in the water pressure coming into the Maui Eldorado.

More Selling At Lower Prices

Aloha Kakou:

The good news is that almost three times as many "resort residential" properties will be sold on Maui this year as compared to 2009.

The bad news is that the sales are occurring because the prices are low.

http://mauinews.com/page/content.detail/id/543955/Resort-real-estate-sales-see-rebound.html?nav=10

Visitors Are Returning But They Like The Lower Rates

Aloha Kakou:

Hawaii Tourism Authority yesterday released visitor numbers for October and the mood is mixed.

Maui arrivals were up 20% compared to October, 2009, and arrivals for the state were up 13.6%. Revenue for the month was also up to $961.5 million, up almost 25% from last October. For the first ten months of the year, revenue for the state is up almost 15%.

Lower hotel rates seem to be driving the boom, with guests looking for value.

"I love numbers like this; however, it's mainly a volume recovery," said David Carey, president and chief executive officer of Outrigger Enterprises Group. "Even with the increases, spending is still well below peak levels."

"We've got more people and that's good, but we've also got more expenses," Carey said. "Our margins are still being squeezed."

http://mauinews.com/page/content.detail/id/543485/-Cautious-optimism--for-tourism-industry.html?nav=10

http://www.staradvertiser.com/news/20101201_Tourism_rises_in_isles.html