Maui condos For Sale
- Haiku Condos For Sale
- Haliimaile Condos For Sale
- Hana Condos For Sale
- Honokowai Condos For Sale
- Kaanapali Condos For Sale
- Kahakuloa Condos For Sale
- Kahana Condos For Sale
- Kahului Condos For Sale
- Kanaio Condos For Sale
- Kapalua Condos For Sale
- Kaupo Condos For Sale
- Keanae Condos For Sale
- Keokea Condos For Sale
- Kihei Condos For Sale
- Kipahulu Condos For Sale
- Kuau Condos For Sale
- Kula Condos For Sale
- Lahaina Condos For Sale
- Lanai Condos For Sale
- Launiupoko Condos For Sale
- Makena Condos For Sale
- Maalaea Condos For Sale
- Makawao Condos For Sale
- Maui Meadows Condos For Sale
- Molokai Condos For Sale
- Nahiku Condos For Sale
- Napili Condos For Sale
- Olinda Condos For Sale
- Olowalu Condos For Sale
- Paia Condos For Sale
- Pukalani Condos For Sale
- Spreckelsville Condos For Sale
- Ulupalakua Condos For Sale
- Wailea Condos For Sale
- Waihee Condos For Sale
- Wailuku Condos For Sale
Tourism Rebounds on Maui
Our travel industry has seen improved growth with an increase in tourism last year. According to The Maui News, the hotel occupancy rate on Maui increased by 2.4 percentage points to 72.6% in 2012.
Also, the revenue per available room rose by 8% to $187.27 in 2012 which is the highest in the state. In 2012, visitor arrivals to Maui rose by 5.9%.
The Wailea area had an increase of 7.3% to 77.4% and Lahaina-Kaanapali-Kapalua area had occupancy at 73.6 percent.
Statewide hotel room revenue reached $3.26 billion for 2012 up 4.5% over the previous record set in 2006. We are looking at further growth in tourism this year.
It goes without saying that there is a direct correlation with the health of our economy in Hawaii and tourism, our main industry. As the economy continues to benefit from the increase in tourist dollars, we are seeing improvement in our real estate market.