October Tourism Survives Storms

Maui had growth in both visitor spending and visitor arrivals for the month of October in comparison to the same time last year according to the Maui Visitors and Convention Bureau.

Although visitor spending was down in August and September due to Hurricane Lane and Tropical Storm Olivia, spending was back up in October to $377 million. Even with the storms interrupting the months of August and September, for the 10 month span of January through October visitor spending was up 10.9% to $4.26 billion. This total puts Maui on track to break last year’s record.

Air travel to Maui has increased making it an easier destination for visitors which will in turn increase the amount of visitor spending. Although the tourism industry is fragile and affected by multiple sources, Maui remains focused on continuing to make Maui a top global destination.

51 Day Strike Comes To An End

Workers from 5 different hotels throughout Hawaii celebrated Tuesday afternoon when an agreement was finally reached between UNITE HERE Local 5 union and Kro-ya owners of hotels that are operated by Marriott.

More then 300 workers have been on strike from the Sheraton Maui beginning October 8th. Some workers have been employed by the hotel for almost 40 years. A 4 year agreement that included wage and benefit increases are part of the rumored agreement. No official contact specifics have been released.

Employees are eager and excited to be able to return back to work.

Public Hearing For Molokai Island Plan

A public hearing is planned for tomorrow, Friday November 16th, regarding the proposed revised bill for Molokai Island Community. The hearing will start at 5:00 pm at the Kaunakakai Elementary School Cafeteria.

A new an updated version of the plan has been undergoing a rather lengthy review since 2014. The last community plan was done in 2001. Community plans are supposed to be updated every ten years. Points under review for the new plan include changing the document name to “Molokai Island Community Plan”,  addressing climate concerns, and maintaining Molokai’s rural character and traditional Hawaiian living.

Those who wish to view the updated plan and the bill can do so on the Maui County Government page. You can also pick up a copy during business hours at the Office of The County Clerk on the 7th floor, or at the Molokai County District Office.

Median Home Prices Climb

October median prices came within $6000 of the record previously set in May 2005 of $780,000. Coming in at $774,223 this is a 15.8 percent increase over the same time last year. October marked the fifth straight month with the median home prices being over $700,000. Total dollar amount in sales is up 4.6 percent compared to the same January to October 10 month span.

Although the median condo price was down in October to $499,000, for the 12 month period of October 2017 to October 2018 condo prices were up 10.2 percent. Inventory of condos for sale was also down 20.3 percent. The total sales amount for condominiums however was up 25.5 percent for January to October 2018 timeframe.

For more statistics and to see the full report, the Realtors Association of Maui October 2018 report is available if you click on the market statistics icon.

Good News!

Good News! The Hawaii State governments attempt to find clever new ways to tax us has been thwarted by the Hawaii High Court.  Historically the four counties of Hawaii charge a tax on real estate to run the county.  The State tried to grab part of that tax by charging it’s own tax on real estate.  They promised to spend it on education but as we all know it never happens.  To help the children many people feel they should eliminate the top-heavy State education department and pay the teachers a living wage and fix up our aging schools.