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Maui Hotel Performance Leads State

Maui hotels on the AAA Five Diamond list, and high RevPAR performance.
January 22, 2016

Maui Hotel Performance Leads State

Maui is the place to be, if hotel performance is any indication. Not only are visitors willing to pay more for a vacation here on the Valley Isle, but many of them enjoy their time enough to move here and buy Maui real estate. The visitor industry is a good barometer for the overall health of the economy, and it's going strong despite whatever influence the recent stock market fluctuations might have. In fact, Maui's hotels were found to boast the highest RevPAR among all the islands in 2015, and of the three Hawaii hotels that made it to the AAA Five Diamond list for 2016, two were located on Maui.

Only 118 hotels have earned a place on the Five Diamond list for 2016. The Ritz-Carlton, Kapalua first made the list in 1996, and the Four Seasons Resort Maui at Wailea earned its rating in 1991. The other Hawaii hotel to make the list was the Four Seasons Resort Hualalai at Historic Kaupulehu on the Big Island. AAA currently has 28,000 hotels with diamond ratings, and only 0.4 percent of them make it to the Five Star rating.

As for RevPAR, which gauges hotel performance based on revenue generated by the number of hotel rooms over a given period, Maui hotels were on top in 2015. Hospitality Advisors LLC and STR Inc. recently released a report stating that Maui had the highest RevPAR total at $76,888 per room, and the highest percentage gain with a 10.5% increase in 2015 compared to the year before. Maui's gains were highest in the first 11 months of the year. The second highest RevPAR percentage gains were seen on Kauai, while Oahu came out with the second highest total RevPAR at $61,745 per available room.

Another interesting detail about RevPAR is that the state of Hawaii saw a 6 percent increase in the first 11 months of the year, compared to the same period last year. It's not just indicative of Hawaii's economic status, but also of the rest of the United States. Our visitors are coming from somewhere, and that's predominantly from the U.S. West and U.S. East markets.

Maybe you're a vacationer who is now in search of a Maui property to call your own? If you would like to take advantage of the amazing quality of life and real estate to be found here, don't hesitate to reach out and contact us about any questions you might have pertaining to real estate on the island. We look forward to putting our many years of expertise to work for you. Mahalo!

Blogs for January 2016

Kamaole Sands South Maui Condominiums

Posted on January 29, 2016
Kamaole Sands South Maui Condominiums

Looking for a modest part-time or full time residence in South Maui? The condos of Kamaole Sands are reasonably priced, conveniently located and would make excellent vacation rentals when not in use. This charming community of condos is situated right across the street from… Continue Reading

Maui Hotel Performance Leads State

Posted on January 22, 2016

Maui Hotel Performance Leads State

Maui is the place to be, if hotel performance is any indication. Not only are visitors willing to pay more for a vacation here on the Valley Isle, but many of them enjoy their time enough to move here and buy Maui real estate.… Continue Reading

Maui Mall Sold to JLL Affiliate

Posted on January 15, 2016
Maui Mall Sold to JLL Affiliate

As South Maui residential real estate specialists, we don't often talk about commercial properties, but occasionally there are some big stories worth discussing. For example, Maui Mall in Kahului recently sold to an affiliate of the Chicago-based commercial real estate firm JLL.

What's so… Continue Reading

Maui Meadows Homes

Posted on January 08, 2016
Maui Meadows Homes

Having trouble finding the right South Maui home? If you haven't explored the Maui Meadows home listings, we recommend that you take a look. Nestled on the lower slopes of Haleakala, this residential subdivision includes more than 600 lots with a mix of both rural and… Continue Reading

Luxury Real Estate Spotlight on Wailea Highlands

Posted on January 01, 2016
Luxury Real Estate Spotlight on Wailea Highlands


The luxury gated community of Wailea Highlands features some of the finest homes in South Maui, and the rest of the island for that matter. Each residence was meticulously designed to capture the essence of the indoor/outdoor living that's best experienced… Continue Reading

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Mark and Lisa

Mark A Harbison
R(B) (GRI) (CIPS) (TRC)

Mark@RealEstateMauiHawaii.com

(808) 283-3785

Coldwell Banker Island Properties
Shops at Wailea, Suite B-35
3750 Wailea Alanui * Kihei, HI 96753
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