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Luxury Maui Real Estate Blog

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Maui Visitor Arrivals and Spending Up

After a year of excellent visitor industry health, the new year could be the perfect time for a Maui real estate investment.
January 05, 2018

Maui Visitor Arrivals and Spending Up

According to the latest preliminary report from the Hawaii Tourism Authority, November saw increases in visitor arrivals and spending, compared to the same month last year. In an economy driven by the visitor industry, this kind of data often factors into choices made by investors in both commercial and residential Maui real estate.

Lately, the data has been encouraging. For example, the report found a 2.7 percent increase in visitor spending on Maui for a total of $359.4 million in November, 2017.  Arrivals were up by 9.3 percent for a total of 215,266, and visitor days rose by 5.8 percent that month. As for the major markets, visitors from Canada were up 16.4 percent, US East by 10.1 percent, US West by 7.5 percent, and Japan by 5.6 percent, so healthy growth all around. 

More importantly, the year-to-date statistics revealed a 4 percent increase in visitor spending on Maui for a total of $4.27 billion, while arrivals are up 3.7 percent to 2,483,686 compared to the first 11 months of 2016. That's where we see the more significant growth trends. 

As for the year-to-date numbers for Hawaii as a whole, spending was up 6.6 percent to $15.15 billion, while arrivals were up 4.9 percent to 8,502,545, and average daily spending rose by 1.8 percent to $200 per person. Both spending and arrivals were up from the US West, the US East, Japan, and Canada.

According to Hawaii Tourism Authority president and CEO George D. Szigeti, this all translates to, "an extraordinary year for Hawaii's tourism industry." He also shared optimism about the coming year. So, if you've been contemplating a Maui real estate purchase, maybe this will be the year to make it happen. If you need our assistance with your search or purchase, you'll find our contact information at the bottom of the page. Mahalo!

Blogs for January 2018

Fantastic Local Food to Enjoy on Maui

Posted on January 26, 2018

Fantastic Local Food to Enjoy on Maui

Buying Maui real estate comes with an endless list of perks, not least of which is the food. Whether you've just bought a new Maui home, or you're planning to, chances are good that you'll spend a fair amount of time on… Continue Reading

Maui Home Prices Up Nearly 9 Percent in 2017

Posted on January 19, 2018


Maui Home Prices Up Nearly 9 Percent in 2017

The data for the Maui real estate market in 2017 is finally complete, and we get to look at the big picture for the year to get a better idea of what we can expect from 2018. According to… Continue Reading

Top 10 Adventurous West Maui Activities

Posted on January 12, 2018


Top 10 Adventurous West Maui Activities

If you're in the market for West Maui real estate, it's likely that you've been charmed by several of its finest features. There's the breathtaking natural beauty, the wide variety of restaurants, a collection of gorgeous beaches that seem to go on… Continue Reading

Maui Visitor Arrivals and Spending Up

Posted on January 05, 2018
Maui Visitor Arrivals and Spending Up

According to the latest preliminary report from the Hawaii Tourism Authority, November saw increases in visitor arrivals and spending, compared to the same month last year. In an economy driven by the visitor industry, this kind of data often factors into choices made by investors… Continue Reading

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Sakamoto Properties
P.O. Box 10068
Lahaina, HI 96761
Contact:
Phone: (808) 669-0070
Fax: (808) 669-1234
Info@SakamotoProperties.com
Office Address:
Sakamoto Properties
Napili Plaza
5095 Napilihau Street #203
Lahaina, Maui, HI 96761
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