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Tourism & Hospitality

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Hawaii's Authentic Luxury: A Booming Trend for Tourism and Investment

Hawaii is at the forefront of a travel revolution, shifting from traditional luxury to experiences rooted in authentic cultural connection and community engagement. This new focus presents significant opportunities for entrepreneurs, investors, and professionals in Hawaii's evolving tourism sector.

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Hawaiian Buyout Faces Wall Street Doubts As Flyers Pay The Price

Wall Street analysts are expressing skepticism about the Alaska Air Group's acquisition of Hawaiian Airlines, raising concerns about potential impacts on travelers and the broader Hawaiian economy. The deal, valued at $1.9 billion, faces scrutiny amidst industry challenges and uncertainties.

Nipili Bay, Maui, Hawaii

Maui Drought Forces Cancellation of 2026 PGA Tour Event, Impacting Hawaii's Economy

A severe drought in Maui has caused the cancellation of the 2026 PGA Tour's opening event at the Kapalua Plantation Course, significantly impacting the island's tourism sector and raising concerns for local businesses. This cancellation underscores the growing challenges posed by climate change and water scarcity for Hawaii's economy.

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Maui Drought Forces Cancellation of PGA Tour's 2026 Season Opener, Impacting Tourism and Businesses

A severe drought has led to the cancellation of the 2026 PGA Tour season opener at Kapalua's Plantation Course on Maui, creating significant disruptions for the island's tourism sector and local businesses. This unexpected development underscores the growing challenges of water scarcity and its impacts on Hawaii's economy, particularly its hospitality and leisure industries.

Business & Startups

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Real-Estate & Development

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Maui Council Approves Fast-Track Affordable Housing Project at Kahului Civic Center

The Maui County Council has unanimously approved the Kaiahale ‘o Kahiluhilu project, a state-fast-tracked affordable housing and mixed-use development in Kahului. This decision underscores the county's commitment to addressing the critical need for affordable housing amidst ongoing challenges, including water availability concerns.

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Hawaii Contractors Secure Spot in $15 Billion Navy Contract for Guam Construction

Hensel Phelps and Nan Inc., two prominent Hawaii-based construction companies, have been selected as part of a consortium awarded a substantial $15 billion Navy contract. This lucrative deal underscores the strategic importance of Hawaii's construction sector and presents significant opportunities for growth and investment.

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Lahaina Wildfire Debris Relocation Surpasses 80% Completion, Paving the Way for Recovery

The transport of approximately 400,000 tons of debris from the devastating Lahaina wildfires has reached a significant milestone, with over 80% of the relocation now complete, according to the Federal Emergency Management Agency (FEMA). This progress is a critical step in the ongoing recovery efforts and has substantial implications for Hawaii's business community, particularly those involved in real estate, construction, and tourism.

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Hilton's Ala Moana Boulevard Tower Project Approved, Promising to Revitalize Waikiki's Gateway

The Hilton Hawaiian Village is moving forward with plans to construct a new tower on Ala Moana Boulevard, signaling significant growth for the resort and potential investment opportunities in Waikiki. This project aims to enhance the gateway to Waikiki and accommodate a growing number of visitors.

Finance & Investment

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CPB Taps Raoul Magana to Spearhead Commercial Real Estate and Wholesale Credit Initiatives

Central Pacific Bank (CPB) has appointed Raoul Magana as Group Senior Vice President and Manager of Commercial Real Estate Lending and Wholesale Credit. This strategic move aims to strengthen CPB's position in Hawaii's vital real estate market and expand its wholesale credit offerings.

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Hawaii Businesses to Benefit as Federal Reserve Rate Cut Leads to Lower Lending Costs

Following the Federal Reserve's decision to lower interest rates, major U.S. banks have reduced their prime lending rates, potentially easing borrowing costs for Hawaii's businesses and consumers. This move could stimulate investment and provide relief to those with existing debt.

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Interest Rate Cuts: Implications for Hawaii Businesses and Investments

The Federal Reserve's recent quarter-point interest rate cut has significant implications for businesses and investors in Hawaii. This move is expected to influence various financial aspects, including borrowing costs, potentially impacting real estate, investment strategies, and overall economic activity in the state.

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Central Pacific Bank Appoints Raoul Magaña to Spearhead Real Estate and Credit Division

Central Pacific Bank (CPB) has appointed Raoul Magaña, formerly of First Hawaiian Bank, as Group Senior Vice President and Manager of Commercial Real Estate Lending and Wholesale Credit. This move signals CPB's strategic focus on strengthening its real estate portfolio and credit offerings in the competitive Hawaiian market.

Policy & Regulation

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Infrastructure & Transportation

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Oahu Rail's Future: Prove Its Value Before Further Expansion

As Honolulu's Skyline rail project enters critical phases, including the opening of its second segment and construction of the final leg slated for 2031, discussions about extending the project intensify. This article examines the business implications, political challenges, and financial realities surrounding the Honolulu Authority for Rapid Transportation (HART) and the ambitious transit undertaking.

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Honolulu Invests $217M in Wastewater System Upgrades Through Bond Sale

The City and County of Honolulu is investing in its critical infrastructure. The Department of Environmental Services has secured nearly $217 million through the sale of wastewater system revenue bonds to modernize its facilities, promising long-term benefits for both the environment and the local economy.

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Coast Guard Invests Nearly $70M in Hawaii's Infrastructure with Barbers Point Hangar Contract

The U.S. Coast Guard has awarded a $68.857 million contract for new HC-130J Super Hercules aircraft hangars at Air Station Barbers Point. This significant investment is poised to boost mission readiness across the Oceania District and create opportunities for local businesses.

Hawaii's Governor Issues Executive Order in Response to Soaring Traffic Fatalities

Hawaii's Governor Issues Executive Order in Response to Soaring Traffic Fatalities

Governor Josh Green has signed an executive order to combat the alarming rise in traffic fatalities across Hawaii, particularly among vulnerable road users like pedestrians and cyclists. This initiative aims to promote safer road practices and adapt to the evolving landscape of transportation technology.

Sustainability & Resources

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