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Hawaiian Airlines carried an all-time high of 11,840,178 passengers in 2018 amid a fleet expansion that helped generate a seventh straight year of record visitor arrivals to the state. The state’s largest carrier, which reported its full-year passenger data Thursday, also said in the same report that it is narrowing its loss estimate for fourth-quarter operating revenue per available seat mile to the positive end of its prior guidance range due primarily to better-than-expected yields on its international routes and slightly better-than- expected holiday traffic on its North America routes.
Mark Bratton sold the Luana Land at Honua Kai property on Maui to the Ledcor Group, a diversified construction company, in the 3rd quarter of 2017. Today we released this 11 acre parcel and construction is beginning on the 72-three bedroom villa. Click below to view the Luana video.
Ritz-Carlton Kapalua on Maui Sells for Top Dollar
On Wednesday, November 14, 2018, Honolulu City Council approved the transit-oriented development zoning for Avalon’s Development of Sky Ala Moana, a $510 million mixed-use residential and hotel condominium project. This is the city’s first project to offer for sale affordable units restricted by a 30-year buyback period. Click here to read the complete article
Click here for Mark’s Hawaii Retail Market Update
Cuzco Development, a Hawaii based development company, pitched its plans to build either two 42-story high-rises or two 37-story towers and a mid-rise to the Ala Moana -Kakaako Neighborhood Board on Tuesday night, the 23rd of October. They are hoping that their project will receive special transit-oriented development permits which will allow the buildings near planned rail stations to be significantly taller and denser than what regular zoning rules allow. Continue reading…