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Hawaiian Airline Passenger Growth Promising for Vacation Rental Owners

Hawaiian Airlines reported a 3.6 percent increase in its number of passengers in March.
April 15, 2016

Hawaiian Airline Passenger Growth Promising for Vacation Rental Owners

Thinking about buying a Maui home or condo for use as a vacation rental property? Many savvy buyers have observed that Hawaii's slow and steady visitor industry growth has been widely covered in business related news throughout the post recession years. Mostly, the information involves statistics on daily spending, hotel occupancy, etc. But another significant indicator of the visitor industry and Hawaii's economic performance in general comes from the airlines.

Hawaiian Airlines recently reported a 3.6 percent increase in their number of passengers in March, compared to the same month last year. The figure jumped from 887,346 to 919,547. Since the airline tends to be highly rated in customer satisfaction and is often the most on-time carrier in the U.S., it has become popular not only with vacationers, but also with residents and business travelers. As such, it tends to be a pretty good barometer for Hawaii's growth.

The airline also reported a 5.3 percent increase in traffic (revenue passenger miles) during the same period, and a capacity (available seat miles) increase of 3.1 percent. Load factor (percentage of seating filled) was up 1.7 percent to 82.9 percent full.

In the Maui real estate market, we often urge buyers to look at long-term trends for the clearest picture of industry performance, and that is no different for the airlines, which is why the year-to-date statistics were so interesting. So far this year, Hawaiian Airlines' passenger count was up 4.9 percent to 2.65 million. Traffic was up 5.8 percent, capacity 3.3 percent, and load factor up 2 percent to 81.1 percent. It's a good sign when the year-to-date statistics show more growth than you see in a given month.

When it comes to real estate investments, getting a sense of the big picture is vital, and we hope this information has helped in that regard. For more information about the real estate market itself, or finding the right property for your needs, we would be happy to assist you. If you should need us, you'll find our contact information at the bottom of the page. Mahalo!

Blogs for April 2016

Biofuels Could Replace Maui Sugarcane

Posted on April 29, 2016

Biofuels Could Replace Maui Sugarcane

The ending of Maui's sugarcane production has been a hot and contentious topic this year. If you've been keeping an eye on the news along with the Maui real estate market, this subject has been hard to miss, and signifies a dramatic change to the island's… Continue Reading

Affordable Maui Condos For Sale at Kamaole Beach Royale

Posted on April 22, 2016
Affordable Maui Condos For Sale at Kamaole Beach Royale

Finding an affordable Maui condo in South Maui is easier than you might think, despite rising real estate prices. You just have to know where to look. This week, we'd like to feature Kamaole Beach Royale Resort, located across the… Continue Reading

Hawaiian Airline Passenger Growth Promising for Vacation Rental Owners

Posted on April 15, 2016
Hawaiian Airline Passenger Growth Promising for Vacation Rental Owners

Thinking about buying a Maui home or condo for use as a vacation rental property? Many savvy buyers have observed that Hawaii's slow and steady visitor industry growth has been widely covered in business related news throughout the post recession years. Mostly,… Continue Reading

Wailea Pualani Homes for Sale

Posted on April 08, 2016
Wailea Pualani Homes for Sale


Looking for the perfect South Maui home? If you haven't come across Wailea Pualani homes for sale, you should definitely give those listings a look. This private neighborhood is accessible by two gated entrances, featuring an exclusive 2.5-acre community park, underground utilities, and… Continue Reading

Maui Kamaole Condos for Sale

Posted on April 01, 2016
Condos for Sale at Maui Kamaole


Exploring South Maui condo listings? You'll find most of them in Kihei, and they tend to be more affordable than those in Wailea. Not to mention closer to most shops, restaurants and other conveniences. This week, we'd like to suggest having a… 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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