Maui's June Not Impressive

Aloha Kakou:

Despite a promising start to 2010, Maui's hotel occupancy began slowing in April. That slowdown continued through June.

Maui's June occupancy was only one percentage point higher than that of June, 2010, at 66.7%.

Rate gains for the first six months of 2011 may seem impressive but they're coming in comparison to the low, low rates of 2010. RevPAR for Maui was up 16.2% to $179 from $154.

http://mauinews.com/page/content.detail/id/552531/Occupancy-recovery-slows.html?nav=10

Extreme Internet Charges

Aloha Kakou:

How much would you pay for daily internet service? $10, $20? Try $40 at the Airport Hilton in Rome. Yikes!

http://www.consumertraveler.com/today/highest-priced-hotel-internet-do-we-have-a-winner-or-rather-loser-in-rome/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+tripso+%28Consumertraveler.com%29

June Occupancy Decreases

Aloha Kakou:


Statewide occupancy decreased for the first time in a year and half during the month of June. June's occupancy rate of 70.7% was .7% lower than June of last year. Average Daily Rates (ADR) were up 9% compared to last June at $185.46.

Natural disasters and financial uncertainty seem to be causing potential guests to rethink a vacation to Hawaii,

http://www.staradvertiser.com/businesspremium/20110817_isle_hotel_occupancy_suffers_june_swoon.html

Condo Sales

Aloha Kakou:

Take a look at this list of west side condo units that have sold - it will give you an idea as to the potential value of what's on the market today.

http://www.ramaui.com/PopUp.php?Task=Solds&WhatIDX=Maui&UserID=48583e59d0aee&WhatOffice%5B%5D=5336&WhatSortType1=Class&WhatSortDirection1=DESC&WhatSortType2=ListPrice&WhatSortDirection2=ASC&Show=Full&WhatNumber=1&WhatPage=7&PropType=Condominium&WhatDistrict%5B%5D=Kaanapali

Hotel Rates To Stay Flat

Aloha Kakou:

Recent economic events have lead at least one analyst to conclude that hotel rates for the remainder of 2011 and through 2012 will remain flat.

http://www.businessweek.com/ap/financialnews/D9P001A00.htm

June Maui Visitors, Spending Up

Aloha Kakou:


Though Maui had a slight increase in visitors, Hawaii's June occupancy was lower this year than last. Statewide, visitor spending was up, most likely due in part to increased room rates.

http://www.staradvertiser.com/news/breaking/126212278.html

Maui Eldorado Current Listings

Aloha Kakou:

Here are the most recent Maui Eldorado Current Active Listings as of 7/21/2011.

J-118 Studio $250,000 LH Jim Foster Chase N Rainbows 661-7994/ Cell 870-5858

K-215 Studio $250,000 LH Susan C DeLoria Whalers Realty Inc.
661-8777 ext 533/ Cell 250-5948

J-109 Studio $300,000 LH Nancy Montoya Whalers Realty Inc.
661-8777 ext.518/ 250-5073

G-105 1B/2B $305,000 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-202 1B/1B $340,000 LH Derek Escalera Whalers Realty Inc.
661-8777 ext.229 / Cell 264-4617

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

J-106 1B/1.5B $375,000 LH Susan C DeLoria Whalers Realty Inc.
661-8777 ext.533 / Cell 250-5948

C-201 Studio $375,000 LH Joline Dorner Lowson and Associates
661-8771 / Cell 276-9015

B-103 1B/1B $412,500 LH Donna Nabavi Coldwell Banker Island Prop.
669-6565/ cell 276-5230

E-204 1B/1B $417,000 LH Jim Foster Chase N Rainbows 661-7994/ Cell 870-5858

D-102 1B/2B $525,000 LH Nancy Montoya Whalers Realty Inc.
661-8777 ext.518/ 250-5073

D-208 2B/2B $739,000 LH Susan C DeLoria Whalers Realty Inc.
661-8777 ext.533 / Cell 250-5948

C-205 2B/2B $950,000 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