Hawaii Real Estate Resource

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Hawaii Craters?

A report in the Garden Island newspaper today gave new meaning to the word "crater".  One of the headlines reads "Hotel occupancy rates crater in Hawai'i". 

I track multiple Hawaii statistics and one of these is the hotel occupancy rate.  This gives a little insight into our biggest industry which is tourism.   Adding the latest data point for Mauai (Kauai figures were not immediately available), the chart now looks like the figure below.  September statewide occupancy is reported at 63.2% compared to 74.2% a year ago. 

As I've said many times, now is the time for visitors to come to Hawaii because the crowds are gone, the weather is almost perfect, and we need you!

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Aloha!

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Richard T. Dolbeare, R(B) photo

 

Richard T. Dolbeare, R(B)

Keller Williams Realty(808) 651-4550

Aloha@RichardDolbeare.com 

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 Hawaii multi-island specialist, Maui & Kauai
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Comment balloon 4 commentsRichard T. Dolbeare • November 04 2008 12:44PM

Comments

Your pics make me want to be there now!

Posted by DJ Swanepoel (Real Estate Wiki) about 10 years ago

Now is the time!  Come on over.

Aloha!

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (Keller Williams Realty Maui) about 10 years ago

Richard, I am doing my part, I will be there in Kauai January 5th. I didn't realize it was that bad until I saw a Matson Freighter docked in Seattle for 6 months, because of the lack of products being shipped and the economy...

Posted by Paul S. Henderson, REALTOR®, CRS, Tacoma Washington Agent/Broker & Market Authority! (RE/MAX Northwest.) about 10 years ago

Hi Paul - That's great that you're coming over.  And early January is in the low season so you're coming at a great time. 

That's interesting about the Matson Freighter and I'm surprised.  that's because even though I see all these statistics on how tourism is down, life continues as normal and I really don't see much change in day to day life.  The biggest change is the shift in real estate buyers from mainland investors to local families.  It's good that local families get their turn to become home owners.

Aloha!

Posted by Richard T. Dolbeare, R(B), ABR, CRS...Hawaii Multi-Island Specialist (Keller Williams Realty Maui) about 10 years ago

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