Honolulu Hotel Occupancy Leads Hawaii

August 19th, 2010 categories: The Market

Pacific Business News is reporting the following.

“Oahu maintained the highest occupancy rate at 87.8 percent, up 4 percentage points from a year ago.”

This may explain why a past client mentioned that Honolulu doesn’t feel like it is having economically hard times. He noted that malls and restaurants are packed. What does this mean for Honolulu real estate?

Though hotel occupancy is a single indicator, it is one of the more important ones in our market. As tourism improves, businesses reliant on visitors will do better and this will strengthen other sectors too. If you have not yet purchased your part of Oahu, then now may be a great time to do to step up and buyer your house or condo.

SEARCH FOR YOUR HONOLULU HOME

If you would like to discuss your real estate needs, feel free to call me at 808-737-2093 or toll free at 877-737-2093. You can email me at keahi@lava.net.

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This entry was posted on Thursday, August 19th, 2010 at 12:09 pm and is filed under The Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.