Business Report - 7/3/15: Hotel Occupancy Report

Business Report - 7/3/15: Hotel Occupancy Report

HONOLULU (HawaiiNewsNow) - Hotels running fuller on neighbor islands – Big Island hotels did some price discounting and wound up as full as the mainland, 76% - Kauai 80%, Maui 82%, Oahu 89%, Waikiki prices much higher than usual.

The City & County of Honolulu awards IHS the contract to operate the homeless housing project planned for Sand Island. IHS is the same nonprofit that runs a program in Waikiki.

A Maui shopping center has been sold. Developer Scott Burnham of Newport Beach, California, who mostly operates in the O.C., has acquired the Stores on the Green, which he intends to rename Wailea Village Center. Burnham also plans to expand the property.

A Big Island tour company is losing thousands of a dollars a day because of the TMT controversy. Mauna Kea Summit Adventures carries 28 people a day to the summit, charging more than 200 dollars per person. Tours are suspended due to the road closure. Layoffs are likely next week if no change.

If you want to avoid the Waikiki and Kakaako crowds on the Fourth of July, drive to Oahu's North Shore instead. Eat the Street will take place tomorrow at Turtle Bay Resort.

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