New Hawaiian Air Flights to Korea Expected to Generate $86.4 Million in Annual Visitor Spending

Hawaiian starts flights to S. Korea
The nonstop service is expected to generate $86.4 million in annual visitor spending here

By Dave Segal

Article from: The Honolulu Star-Advertiser

Hawaiian Airlines, expanding its reach into Asia for the second time in less than two months, launched its inaugural flight to South Korea yesterday as the fast-growing carrier marked another milestone in its 81-year history.

The new nonstop, four-times-a-week service will bring 54,000 seats a year into the Hawaii market and is expected to generate about $86.4 million in annual visitor spending, according to the Hawaii Tourism Authority. South Korea’s inclusion in November 2008 in the U.S. Visa Waiver Program, which allows Koreans to travel to the U.S. without a visa, opened the door for Hawaiian to expand in Asia beyond Manila (April 2008) and Tokyo (November).

“As we think about where the growth opportunities are for us in the coming years, we’re already the undisputed leader in interisland travel, we’re the leader in travel between Hawaii and the U.S. mainland, and the natural spot for us, where we see a lot of growth in tourism coming to Hawaii, is from Asia,” Hawaiian Chief Financial Officer Peter Ingram said. “Today is a big step in terms of us becoming a leader in air travel between Hawaii and Asia.”

With Hawaiian music, hula, a blessing and a Korean cultural dance commemorating the occasion, just under 100 passengers comprising mostly business leaders and professionals boarded the afternoon flight for the 11-hour, 39-minute trip to Incheon International Airport, just outside Seoul. When they left Honolulu, the temperature was about 79 degrees under rainy conditions. The expected high today when they arrived in Seoul, which is 19 hours ahead of Hawaii, was 32 degrees with the temperature dropping to a low of 8 degrees.

About 240 passengers are expected on the seven-hour, 45-minute return leg on the 264-seat Boeing 767-300ER flight that is due to arrive in Honolulu at 11 a.m. tomorrow.

“Today’s launch of direct service to Incheon International Airport in Seoul is positive news for Hawaii’s visitor industry and another sign that our tourism economy is continuing to recover,” HTA President and Chief Executive Officer Mike McCartney said.

With Korean Air scheduled to increase its weekly flights between Seoul and Honolulu to 14 from 10 in February, that means the state will be on the receiving end of 18 flights a week from South Korea.

“This is another history-making day for Hawaiian as we expand even farther into Asia with our new flights to Seoul and introduce our unique brand of in-flight service that promotes the Hawaii and travel experience,” said Mark Dunkerley, Hawaiian president and CEO, in a statement. Dunkerley flew to Seoul ahead of Hawaiian’s inaugural flight for meetings and to greet the flight upon its arrival.

Through the first 11 months of 2010, 79,131 Koreans visited Hawaii, up 75.3 percent from 45,148 during the same period a year earlier, according to the HTA. For all of 2010, the HTA is projecting 92,180 visitors, a 79.5 percent increase over 51,353 in 2009.

The HTA is projecting 115,225 Koreans will visit Hawaii this year, up 25 percent from its 2010 projection, and forecasts visitor spending from Korea to increase 38.2 percent this year to $230.2 million from a projected $166.6 million in 2010.

Dennis Teranishi, CEO of Hawaiian Host Inc., said his company’s business will get a boost from the Hawaii-Seoul flight because Hawaiian will be serving Hawaiian Host chocolates with meals in both economy and first class. Hawaiian also serves Hawaiian Host chocolates on its flights to Tokyo’s Haneda International Airport.

“We’re also on Korean Airlines, but those are in-flight sales where they’re selling our chocolates on the airplane as gifts,” he said.

Austin Kang, president of Coral Creek Golf Course in Ewa Beach, said he’s ready for an influx of Korean visitors and has a Korean brochure and website ready as well as Korean staff that can take phone calls.

“The numbers show how many people are coming from Korea, and they’re spending,” Kang said. “The only market booming right now is the Korean market and it’s increasing more than 50 percent a year. So we’re expecting many people to come to Hawaii and help our state.”

Ingram, the CFO, said Hawaiian likely will announce another flight to Asia, most likely to Japan, later this year. Hawaiian began flying to Haneda in November after winning one of four slots that were awarded to U.S. carriers.

“We do see some other options and some alternatives for growth in Japan,” he said. “We think there are some very viable alternatives and we would like to be announcing something in the next several months and hopefully be flying that route before the end of 2011. Obviously, flying to Tokyo is one alternative, but there are other places in Japan that would like our service.”

There are many 'good' reasons to make Maui home

By TRICIA MORRIS
President Premiere Mortgage

 Tricia Morris.png

Entering the New Year in the midst of the Hawaiian season of Makahiki, a time of peace, spirituality, games and celebration, I watched the news as our friends in New York City tried to dig out of a massive Northeast snowstorm and I once again realized why we live on Maui.
Although today the temperature is 81 degrees with light trade winds cooling the heat of the day while naturally freshening the air, it wasn’t that we were warm and the city was cold. The lovely days and nights on Maui are a blessing and not a prize to be kept from the enjoyment of others.
As the real estate market moderates, prices are increasingly bringing smart buyers into the market.  Realtors tell me it is not unusual to receive multiple offers on their best properties, as the realization grows that a good deal won’t last long.
Value and investment opportunities are good reasons to be in the real estate market as our recovery slowly continues to build strength. They are also excellent reasons to buy on Maui. But, there is more to the Maui story. Maui is also a location for friends and family to come together and share memories like no other.
Some say, “You do not choose Maui, Maui chooses you.” She chooses you with her diverse, talented and energetic people. Maui is in recovery faster than the rest of the state and has steadily improved relative to the mainland.
Maui chooses when the generosity of the community is shown time and time again as those in need or perhaps facing a life crisis are helped by their neighbors and friends, including the efforts of countless members of the Realtors Association of Maui.
The lingering sunsets choose you. Long walks on the beach, the full moon settling into the deep blue of the Pacific Ocean, the return of playful whales each winter, all are offered to those who live on Maui.
Want to go out to dinner? The variety to choose from is as diverse as the people of Maui themselves. A quick list—not meant to be all-inclusive—might include Japanese, Portuguese, Italian, Greek, Mexican, Thai, Chinese, French, Filipino, with even more in between. Add to that world-class resorts that include award-winning restaurants and Maui brings a wonderful variety of tastes to the senses.
The Maui lifestyle is a healthy life style. Farmer’s markets have blossomed in recent years until now not a day goes by where there is not a Farmer’s Market open and doing a brisk business somewhere on the island. Hawaii is the leading state in terms of longevity at 81.7 years compared to 78.0 years nationally, according to Kaiser heath state facts.
Maui also supports several successful markets offering organic vegetables, meat, fish, poultry and many other fine products. The market for fresh locally grown produce and locally produced products is expected to continue to grow as the island embraces the idea of sustainability and more reliance on local resources.
An example of this trend is the increasing use of photovoltaic installations on the roofs of building (both commercial and residential) to generate electrical power for their needs. And no, you’re eyes aren’t playing tricks on you; those really are windmills on the mountain with more planned in hidden spots Upcountry. Maui is one of the leaders in Hawaii in the use of wind power as an alternative energy source, saving millions of gallons of oil each year.
Maui offers a number of music, theater, film, dance and cultural options. Festivals fill the months, many with free admission and great local food. Top attractions and performers visit the Maui Arts and Cultural Center on a regular basis. One recent appearance was by the actor Hal Holbrook in his presentation of “Mark Twain Tonight,” complete with his uncanny appearance and the wit of the original Mr. Twain.
Grammy Award winning Hawaiian musicians entertain throughout the island in clubs, restaurants and resorts. The Maui Film Festival each year bring the stars out at night with wonderful films and award presentations. Clint Eastwood is one of the award winners in recent years.
Local theater is alive and well on Maui and we even have our own historic theater for plays, events and movies, in Wailuku on Market Street. The Iao Theater is reported to have been a location for the premiere of theDevil at Four O’Clock starring Spencer Tracy and Frank Sinatra and filmed on Maui in 1961.
Don’t forget the canoe races that captivate the island each spring, summer and fall. The competitions between the various canoe clubs on Maui and between Maui and the other islands is stiff but always done fairly. There is also windsurfing, paddle boarding (Maui is the home to the origin of the sport), kite surfing, snorkeling, diving, fishing, golf and tennis. If you enjoys sports, Maui may choose you if you aren’t careful.
With the New Year come new beginnings. Even in Washington, DC, they may start talking to each other and getting the work done. Maybe not everyone wins all the time, but we can do it together.
It has been a good year and this one will be even better. That’s the Maui message and a good one to choose to share —from our family to yours.
Happy New Year.
 

Hawaii’s Premiere Mortgage Company, with offices on Maui and Kaua‘i, offers extensive loan options through both
broker and banking services. Tricia Morris and her team of professionals may be reached on Maui, in Kihei,
at 874-8800, in Wailea, at 891-8900, in West Maui at 665-8800, on Kaua‘i at 808-822-2300, or toll free at
(800)813-7711

Maui's December 2010 Real Estate Statistics

Brief Maui Statistics Overview:

December’s Sales Volume – End of the year figures reflect a push to close transactions by year’s end. Residential Sales rose to 70 homes sold, while Condo Sales increased to 92 units sold.  Land sales came in at 14 lots sold.

December’s Median SALES prices – Home median prices rose to $465,706 and Condo median prices rose slightly to $355,747. Land median price was $394,850.

Days on Market for Residential homes = 139 DOM, Condos = 171 DOM, Land = 190 DOM.  (General DOM Note: this is the average DOM for the properties that SOLD. If predominantly OLD inventory sells, it can move this indicator upward, and vice versa. RAM’s Days on Market are calculated from List Date to Closing Date [not contract date]. As such, it includes approximately 60 days of escrow time.) Also – Short Sales transactions can often take 4-6 months to close thereby extending the marketplace’s average DOM.

Year Too Date: Residential unit sales rose (+17%), average sold price = $747,891 (+5%), median price = $460,000 (-8%) and total dollar volume sold = $608,783,134 (+23%).

Condo unit sales increased (39%), average sold price = $648,043 (-10%), median price = $377,500 (-16%). Total Condo dollar volume sold = $743,305,403 (+25%).

Land – NOTE: Land Lot sales are such a small sampling that statistics in this property class are not necessarily reliable indicators. Land lot sales increased (+14%), average sold price = $513,571 (-53%), median price = $405,000 (-19%), Total dollar volume = $56,223,494 (-47%).

Also, total sales for immediately past 12 months: Residential = 812, Condo = 1,148, Land = 127.

January 10, 2011 – Active/Pending/Contingent status inventory:

           Jan. ‘11     Dec.    Nov.    Oct.   Sept.    Aug.   July   June   May   April   Mar.   Feb.   Jan. ‘10

Homes       963      974     976    1,001    981      994   1,008  1,007  1,040  1,059   1,043  1,040      996

Condos    1,383   1,371  1,347    1,394  1,455   1,503  1,412  1,423  1,449   1,494  1,567   1,541   1,495

Land          569     601     596       601     620     604      601    591     579     585      568     561      522

Disclaimer: Zooming in on the figures of a specific geographic area or property type may lead to different conclusions than the overall view. Maui’s market place is much smaller than Oahu’s, and a few high or low sales have a greater effect on the statistical numbers without necessarily indicating a big market swing one way or another.

SOURCE: REALTORS Association of Maui – http://www.RAMaui.com

MLS Sales data – Information deemed reliable, however not guaranteed

**Additional statistics and graphs for 2010 are available for specific regions and for the island as a whole.  If you would like additional graphs and/or information please email Clinthansen33@gmail.com

Jonathan Byrd Wins the PGA Season Opening Hyundai Tournament of Champions in Kapalua, Maui

Early Byrd

Jonathan Byrd is the PGA’s first winner of the season after taking the Hyundai

By Ann Miller

Article from: The Honolulu Star-Advertiser

Jan 10, 2011 

KAPALUA, MAUI » It took an All-American effort for an American to finally win the Hyundai Tournament of Champions.

Jonathan Byrd outlasted Robert Garrigus yesterday, capturing a weeklong shootout with par on the second playoff hole at Kapalua’s Plantation Course.

It was his second win in as many starts. Byrd qualified for Kapalua in his final 2010 event, when he became the first golfer to win a playoff with a hole-in-one. Going into the Fall Series, he was in danger of losing his playing privileges.

So was Garrigus, which only made the two Americans appreciate yesterday’s drama more.

“I’m just thankful,” Byrd said. “I’m overwhelmed, I’m grateful. All of the above.”

So was Garrigus, gracious to what could have been a bitter end, if he had let it.

On the final playoff hole — No. 1, which Garrigus bogeyed yesterday and double-bogeyed Saturday — Byrd nearly drained a 53-foot birdie putt. Then Garrigus three-putted for bogey.

He lipped out a 3 1/2-foot par putt to make Byrd the first American TOC champion since Jim Furyk in 2001.

“I just hit that putt too hard,” said the irrepressible Garrigus, who was signing autographs and giving away all his golf balls while waiting to see how Byrd would finish regulation. “I was trying to take all the break out of it, played it straight and pushed it a centimeter and it hit that lip and didn’t go in.”

Both fired 6-under-par 67s in yesterday’s final round to close at 24-under 268. It was the third-best winning score since the TOC moved here in 1999.

The low scores were a testament to Kapalua’s idyllic conditions and the golfers’ brilliance in the 2011 season opener. Garrigus and Byrd poured in birdies, and a few eagles, all week and so did pretty much everybody else.

The golf was so good that U.S. Open champion Graeme McDowell was out of it minutes after tying the course record with an outrageous 11-under-par 62. His remarkable day ended anticlimactically when he parred the 18th for the fourth straight round and came up a shot short of the playoff.

The Plantation’s stunning closing hole proved anticlimactic for everybody yesterday.

Garrigus, who led the tour in driving last year, was 4 under on the 663-yard final hole this week. But he missed a 12-foot eagle putt that could have won it in regulation yesterday.

Byrd, who shared the lead with Garrigus and Steve Stricker going into the day, had a birdie putt to win on the last hole. He came up short on the 18-footer.

Garrigus and Byrd went back up to the 18th tee and tried it again on the first playoff hole. This time Garrigus could not get there in two, and his distance advantage suddenly became a disadvantage.

He was the only one in the 32-man field to reach the 18th three times this week and had never had the chip he faced. He left it 17 feet from the hole and needed a 3-footer coming back to extend the playoff.

He made that one, but missed the next. And smiled, still.

“It was a great week,” he insisted. “I mean, I shot 6 under today and was in a playoff. I felt like I won the tournament within the tournament for myself because I told myself if I could shoot 6 under I could win.

“That’s golf. I’ve lost about 133 golf tournaments and it’s not that big a deal.”

Byrd has been there. This was his fifth win, but he went nearly three years without one until that extraordinary hole-in-one.

“I have to say it was God’s blessing,” Byrd said. “Every good and perfect thing comes from Him, good and bad. It all comes in different packages so I have to give credit where it is due.

“And perseverance. I’ve worked hard. … not changing anything, just keep working at it, keep plugging. I just kept doing that at the end of the year and it paid off.”

Again and again, now.

Byrd pointed to his second shot at the 10th — after a “little shank-cut” off the tee — that led to birdie as a critical swing yesterday. He converted the 11-foot putt to ease the sting of missing a 4-footer the previous hole.

Then, on the 15th, he hit it within 5 feet to get to 24-under. It would become the magic number after Garrigus was left to lament a missed 4-footer at No. 10 and the eagle that got away, and that pesky first hole.

He still walked away with a huge grin, and $635,000 — about what he earned in 2008 and 2009. Since he won at Disney in his last start last year, he is a new man.

“It’s mental,” he said. “Just thinking in my brain that I am better than everybody on the course; regardless if I may be, I have to feel like I am better than every single person mentally and talent-wise. … It’s a lot of fun to think you’re good and actually do it. It’s a blast.”

He was better than almost everyone here, including McDowell, who is ranked fifth in the world and tied his career low yesterday. Only Byrd, who has spent the last few months trying to simplify his golf life, could claim anything else.

Byrd birdied the first hole and led for the first 3 hours yesterday. McDowell and Garrigus finally caught him, but could never overtake him. Byrd rode his 2010 momentum to a $1.12 million payday in 2011.

“You get to a point where you kind of have a gut check,” Byrd said. “You get to a point where you might lose your card, which is where I was last year, and it forces you to find a way to play well.”

Now, the plan is not to change anything at this week’s Sony Open in Hawaii. Garrigus, who will also be at Waialae Country Club, would only like to change the ending.

Getting to Know The Hansen Ohana

The Hansen Ohana

CONSISTENTLY MAUI’S TOP REAL ESTATE PRODUCERS

  • Awarded “Maui’s #1 Top Producers” by Hawaii Business 2009, 2010
  • Certified Resort and Recreation Property Specialists
  • Certified E-Marketing Specialists
  • Previews International Specialists
  • Maintain Cutting Edge in Technology
  • Extensive Experience with International Clients
  • Maui Estates International, LLC in Wailea Town Center

    Robert Hansen, Realtor Broker
    Bob’s first long standing career was in the banking industry. He retired in 1984, after spending over seventeen years in the industry, with his last position as President of a Billion Dollar Bank. Bob then spread his wings and obtained his Series 7 Securities and Real Estate Broker’s licenses in California and his Broker’s license in Hawaii. Bob’s financial expertise, background in economics, and business education and knowledge lead our Ohana. In addition to his deep love of family, Bob dedicates time on the Governmental Affairs Real Estate Board and Na Hale O Maui, which assists in low income housing. His favorite sport is outrigger paddling.

     

    Donna D. Hansen, Realtor(S)
    Donna has been involved in the Real Estate business for over thirty years. She joined Bob in establishing Hansen Financial Services and branched out as Hansen Properties soon after. Donna is a Real Estate Broker in California and has a Realtor’s sales license in Hawaii. She has been active in many Real Estate Boards and continues to retain her membership in the San Francisco/Bay Area Multiple Listing Service, creating increased accessibility to West Coast buyers. Donna’s passions will always include her love of family, including their ten grandchildren and real estate. She also holds many advocacy positions for the less privileged children on Maui and the mentally ill for whom she serves on the State and Maui Service Area Boards. Donna loves silk painting and ceramics.

    Clint Hansen, Realtor(S)
    Clint, with a degree in Business Management from Southern Oregon University, has had his Real Estate license for 10 years. Raised on Maui, he graduated from Seabury Hall and understands the unique dynamic between the resort community and Maui’s traditional cultural values. He represents and embodies a true sense of balance with his strong work ethic, entrepreneurial endeavors, and dedication to his family, including his wife Carolyn and their dog. Clint enjoys activity sports including rock climbing and hiking. His fresh approach and insight round out our Ohana’s success.

    Rorie K. Suda, Realtor(S)
    Rorie was born and raised on Maui and has strong family roots in the community. Her family is well known for being a crucial part of South Maui’s growth. Rorie and her husband Shannon, a high school teacher, are the proud parents of a daughter and two sons. She has been licensed for four years with the Hansen Ohana. Her outstanding organizational skills and ability to get the job done are a tremendous asset for our clients. She is highly regarded in Maui’s real estate community.

    Current and past affiliations: Realtors Association of Maui, Inc.: Board of Directors, MLS Selection Committee and Governmental Affairs Committee, National Association of Realtors, Hawaii Association of Realtors, California Association of Realtors, American Investment Exchange Committee, San Mateo-Burlingame Real Estate Board, Menlo Park-Atherton Real Estate Board, San Francisco Peninsula Exchangers, Independent Brokers, Global Listing Service, Worldwide Properties Unlimited, International Listing Service, Maui Chamber of Commerce, San Mateo-Burlingame Board I-C-E Committee Member and Property Management Committee, Menlo Park-Atherton Board Education Committee, Hui No’eau Visual Arts Center, Maui Mental Health Advisory Board, Children’s Advocacy Center, and Homeless Outreach Programs.

    The Hansens have a strong belief in the importance of family ties and community service. Three out of the Hansens four sons with their families call Maui their home and enjoy spending quality time together. The Hansen Ohana is always there to lend a helping hand to one another as well as many Maui charities. Giving back is an integral part of their lives. For fun, outrigger canoeing is a big part of their recreational activities. The Hansens own their own 6-person outrigger canoe and enjoy being on the warm waters off the gentle southern shores of Maui early in the morning.

     

    Maui’s family tradition for Real Estate.
    Generations of Turning Maui Ownership Dreams Into Reality!