Tourism is ‘Engine’ Driving Economy

May 11, 2012 The Maui News HONOLULU – Tourism is the “primary engine of recovery” and will continue to drive Hawaii’s economy in the future, while the construction and government sectors are expected to improve and lighten their burden on the economy this year, according to the University of Hawaii Economic Research Organization forecast for…

Airport Hotel Nearing Completion

The Maui News – April 26, 2011 KAHULUI – The long-awaited Courtyard Maui Kahului Airport hotel is set to open in June, a month earlier than previously announced. The 128-room, 10-suite hotel is located in the triangle formed by the intersection of Haleakala Highway and Keolani Place. It is across from Costco. The $16.5 million…

Maui’s Economy Improves

Aloha, Some good news from the Pacific Business News  about Maui’s economic momentum. This is a positive sign for our economy here on Maui. We are continuing to see our inventory levels shrink and properties going under contract that are priced right! It’s a great time to invest in Maui and start enjoying your Maui Lifestyle! If…

Visitor spending in Hawaii tops $1B in February

Total visitor spending increased 8.5 percent to top $1 billion in February, as visitors from the West Coast, Japan and Canada showed gains in both arrivals and average daily spending, the Hawaii Tourism Authority said Thursday. Total arrivals rose 5.6 percent to 626,367 visitors in February, when compared to the same period last year, the…

Tourism Brightens Hawaii’s Economic Forecast

By TREENA SHAPIRO | Associated Press – Thu, Mar 8, 2012 HONOLULU (AP) — Hawaii’s Council on Revenue’s latest quarterly outlook shows the economy is improving at a faster clip than anticipated in January. Council members on Wednesday upgraded their forecast for the current fiscal year to 12 percent, up from 11.5 percent. Chairman Richard…