Aloha Kakou:
Here's the most recent list of units for sale at the Maui Eldorado.
Maui Eldorado Current Active Listings 3/7/2011
J-118 Studio $265,000 LH Jim Foster Chase N Rainbows 661-7994/ Cell 870-5858
G-105 1B/2B $305,000 LH Susan C DeLoria Whalers Realty Inc.
661-8777 ext.533 / Cell 250-5948
K-215 Studio $315,000 LH Susan C DeLoria Whalers Realty Inc.
661-8777 ext 533/ Cell 250-5948
J-109 Studio $325,000 LH Nancy Montoya Whalers Realty Inc.
661-8777 ext.518/ 250-5073
I-201 1B/1B $329,000 LH Susan C DeLoria Whalers Realty Inc.
661-8777 ext 533/ Cell 250-5948
E-205 Studio $338,000 LH Susan C DeLoria Whalers Realty Inc.
661-8777 ext 533/ Cell 250-5948
C-102 1B/1B $349,000 LH Betty Sakamoto Sakamoto Properties
669-0070 / Cell 870-7062
J-120 Studio $349,500 LH Anastasia Tagayuna Prudential Maui Realtors
661-5200 / Cell
D-206 1B/2B $349,500 LH Fred Haywood Realty
579-8848/ Cell 870-4904
K-110 Studio $350,000 LH Bud Kilmer Prudential Maui Realtors
661-5200/ Cell 280-0435
A-210 Studio $350,000 LH Susan C DeLoria Whalers Realty Inc.
661-8777 ext.533 / Cell 250-5948
C-202 1B/1B $370,000 LH Derek Escalera Whalers Realty Inc.
661-8777 ext.229 / Cell 264-4617
K-202 1B/2B $375,000 LH Thomas Brozozowski Roos Realty Inc.
667-9163/ Cell 280-0113
C-201 Studio $399,000 LH Joline Dorner Lowson and Associates
661-8771 / Cell 276-9015
B-103 1B/1B $412,500 LH Donna Nabavi Coldwell Banker
669-6565/ Cell 276-5230
D-102 1B/2B $525,000 LH Nancy Montoya Whalers Realty Inc.
661-8777 ext.518/ 250-5073
K-100 2B/2B $570,000 LH Robert J. Cartwright Whalers Realty Inc.
661-8777 ext.222
C-205 2B/2B $975,000 LH Mischelle Lawrence Whalers Realty Inc.
661-8777 ext. 521/ 264-3337
I-204 2/2B $1,175,000 LH Casey Fukuda Sakamoto Properties Inc.
669-0070 / Cell 264-5362
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Monday, March 7, 2011
Hawaii January Numbers Up But Not Enough
Aloha Kakou:
While occupancy and ADR for the state rose almost 10% in January compared to last year, those increases are not sufficient to return state hotels to profitability.
Price recovery for Hawaii's hotel industry is still another two or three years away.
"In the last few dollars of ADR lies almost all the profit," said Barry Wallace, executive vice president of hospitality services for Outrigger Enterprises. "The vast majority of ADR pays for employees and taxes. Profit is the final dollar or two, and that's the dollar that isn't there. Many Hawaii hoteliers can't pay the mortgage or are in some level of distress."
As a result, hoteliers will continue to feel squeezed, and visitors will continue to get great deals, he said.
"We can't pull back the specials because we are still using them to drive demand," Wallace said. "We are all still very cautious."
http://www.hotel-online.com/News/PR2011_1st/Mar11_HawaiiGains.html
While occupancy and ADR for the state rose almost 10% in January compared to last year, those increases are not sufficient to return state hotels to profitability.
Price recovery for Hawaii's hotel industry is still another two or three years away.
"In the last few dollars of ADR lies almost all the profit," said Barry Wallace, executive vice president of hospitality services for Outrigger Enterprises. "The vast majority of ADR pays for employees and taxes. Profit is the final dollar or two, and that's the dollar that isn't there. Many Hawaii hoteliers can't pay the mortgage or are in some level of distress."
As a result, hoteliers will continue to feel squeezed, and visitors will continue to get great deals, he said.
"We can't pull back the specials because we are still using them to drive demand," Wallace said. "We are all still very cautious."
http://www.hotel-online.com/News/PR2011_1st/Mar11_HawaiiGains.html
Friday, February 25, 2011
Maui Visitor Spending Up
Aloha Kakou:
Maui's per person spending in January rose 9.8% to $196 compared to December. That's the eleventh straight month of visitor spending increases.
The average visitor stayed nine and a half days on Maui.
http://mauinews.com/page/content.detail/id/546531/Maui-January-visitor-count-up-9-2-.html?nav=10
Maui's per person spending in January rose 9.8% to $196 compared to December. That's the eleventh straight month of visitor spending increases.
The average visitor stayed nine and a half days on Maui.
http://mauinews.com/page/content.detail/id/546531/Maui-January-visitor-count-up-9-2-.html?nav=10
Islands Population Up
Aloha Kakou:
Hawaii's population increased 12.3% in the last decade, with the total number of people in the state numbering about 1.4 million. Maui's population grew about 21% to about 154,834.
http://www.staradvertiser.com/news/20110225_Isle_population_up_to_14M.html
Hawaii's population increased 12.3% in the last decade, with the total number of people in the state numbering about 1.4 million. Maui's population grew about 21% to about 154,834.
http://www.staradvertiser.com/news/20110225_Isle_population_up_to_14M.html
Thursday, February 24, 2011
Islands Visitor Spending, Arrivals Up
Aloha Kakou:
January saw an increase of 20% in visitor spending compared to 2010. Arrivals increased by 12% for the same period, with double digit increases coming from Japan, Canada and the western US.
http://www.staradvertiser.com/news/breaking/116860713.html
January saw an increase of 20% in visitor spending compared to 2010. Arrivals increased by 12% for the same period, with double digit increases coming from Japan, Canada and the western US.
http://www.staradvertiser.com/news/breaking/116860713.html
Hotel Prank Calls Continue
Aloha Kakou:
Fortunately, these "pranks" haven't happened in Hawaii. But really, gas masks hidden behind the bathroom mirror? You have to wonder exactly how guests come to believe an anonymous caller who claims to be from the front desk.
http://www.hotel-online.com/News/PR2011_1st/Feb11_PrankCalls.html
Fortunately, these "pranks" haven't happened in Hawaii. But really, gas masks hidden behind the bathroom mirror? You have to wonder exactly how guests come to believe an anonymous caller who claims to be from the front desk.
http://www.hotel-online.com/News/PR2011_1st/Feb11_PrankCalls.html
Rising Cotton Prices May Mean Rate Increases
Aloha Kakou:
With the recent dramatic run-up in the price of commodities, can hotels maintain current rates as the price of basic elements like sheets and towels rises to record levels? Just another example of how interlinked we all are.
http://www.cnbc.com/id/41739087
With the recent dramatic run-up in the price of commodities, can hotels maintain current rates as the price of basic elements like sheets and towels rises to record levels? Just another example of how interlinked we all are.
http://www.cnbc.com/id/41739087
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