|
June 05, 2008 WE'RE DOOMED
 | | RANK | PREVIOUS | COMPANY | | 1 | 1 | Monsanto Hawai`i | | 2 | 2 | Alexander & Baldwin | | 3 | 4 | Tesoro Hawai`i | | 4 | 3 | Dowling Co. | | 5 | 5 | Weinberg Foundation | | 6 | 8 | Goodfellow Brothers | | 7 | 6 | Wailuku Water Co. | | 8 | 7 | Maui Land & Pineapple Co. | | 9 | 9 | Maui Electric Co. | | 10 | 10 | Hawaiian Telecom |
|
|  |
|  |  |  |
|
Big state-sponsored pro-tourism public relations spending or not, rising fuel prices will cut the number of visitors headed to Hawai`i this summer, the May 23 Honolulu Star-Bulletin reported. "The downturn in April's visitor numbers are a sign of what's coming, and it could get worse," Jack E. Richards, the boss of Pleasant Holidays, told the paper. "If oil goes up to $150 a barrel, the airlines will park their airplanes." Considering that oil is today hovering around $130 a barrel, I'd say that Richards won't have to wait very long to see his prediction come true. What's worse is that the June 2 Star-Bulletin reported that state hotel occupancy fell 1.4 percent in April—a downturn apparently attributable to the recent airline industry shutdowns. On Maui the drop was just one percent (hotel occupancy in April 2007 was 71.7 percent, but 70.7 percent this April), but the overall trend is undeniable. And this means those who own big resorts like Makena and Kapalua will be looking at a long, hot summer, and not in that Paul Newman/Joanne Woodward kind of way.
GOOD RIDDANCE
And Goodfellow Brothers rises a couple notches this week after they finally—FINALLY!—finished work on Mokulele Highway. No more will residents and visitors see that Goodfellow was responsible for taking sooooo long to finish a four-lane road that's less than seven miles long. MTW
| |
|
|
| |
| |
| Entertainment and lifestyle news for Maui, Hawaii and the surrounding Islands. Maui Time Weekly is Mauis only independent and locally owned newspaper.
Mail this link to a friend |
|
|
