Category Archives: Hawaii’s Economy

Maui Real Estate Statistics – June 2012

The Realtors Association of Maui (RAM) held its quarterly General Membership meeting last Friday July 13, 2012.  In keeping with the annual tradition for RAM’s annual summer gathering, our guest speaker was Paul Brewbaker of TZ Economics.  This membership meeting … Continue reading

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Hawaii’s Reefs Valued at $33.57 Billion

A study by the federal government revealed that Americans place a significant value on Hawaii’s coral reefs.  According to NOAA (National Oceanic and Atmospheric Association) Hawaii’s reefs are valued at roughly $33.57 billion dollars.   Because coral reefs are not a … Continue reading

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Paul Brewbacker – Hawaii Economic Update

Every July, our Realtors Association of Maui asks Paul Brewbaker, Ph.D. of TZ Economics to update our members on Hawai’i’s economic conditions; past, present and future.  Attendance by our membership is always a full house.  Born and raised in Hawai’i, … Continue reading

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Hawai’i Residents Rank #1 in Well Being

It’s no surprise to the old cliche’ “Lucky We Live Hawai’i”, as Island residents rated their well being #1 in the United States.  The Well-Being Index is comprised or the following criteria:  Life Evaluation, Emotional Health, and Physical Health.  For … Continue reading

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Hawai’i Hotels Show Gains in Occupancy

According to Smith Travel Research, 8 out of 10 hotels were near full occupancy during the week ending Feb. 26,2011, while average room rates were higher during the same week in 2010. The average statewide hotel occupancy rate was 85.1 … Continue reading

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Tourism Rebounds in Hawai’i, especially on Maui

Hawai’i Tourism Authority reports that in October 2010, visitor expenditures were up 24.7% from Oct. 2009.  Maui visitors increased their spending by 32% .  All islands experienced increased visitor traffic in October 2010, especially Maui County (+19.8%).  For the first … Continue reading

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Hawai’i Ranks No. 1

Hawai’i has more millionaires per household than any other state.  6.93% or nearly 31,000 households.    Phoenix Marketing International of New York defines a millionaire household as having $1 million or more in invest-able or liquid assets, excluding retirement plans … Continue reading

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Visitor Numbers Up in June

Visitor numbers are up in June 13.6% compared to the same month last year.  All islands increased with O’ahu having the highest jump.  Maui’s traffic increased 5.9%.  Year to date in the islands, Canadian traffic increased 11% followed by Japan … Continue reading

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