A QUIET ISLAND

June 16th, 2008

Even with the Maui Film Festival going on, the island remains very quiet. The impact of the two airline bankruptcies and higher ticket prices is clearly creating a decline in tourism. The question for owners and pursuers of Maui real estate is how long will this go on? Our sense is that the condition is temporary. Already airlines are beginning to fill in the gaps in out travel schedule and  our friends at the major hotels tell us that the reservations for next season are already very heavy. So what does this mean? In the near term it means that areas like Kihei may come under some additional price pressure but that over time Maui will remain a destination of choice. For more details, contact us!