Hawaii’s time-share industry has done extremely well over the past few years and experts believe that there is still considerable room to grow. There are currently 10,201 time-share units in the Hawaiian Islands and another 1,436 are expected to be built by the end of 2013. Even more encouraging for developers is the fact that in 2011 the occupancy rate for time-share units in Hawaii was 87 percent, as compared to the national average of 78.9 percent. American Resort Development Association’s Chief Executive Officer, Howard Nusbaum, stated, “Hawaii continues to be an inspirational destination. Two kinds of people buy in Hawaii: those who love Hawaii and those who are time-share devotees who realize it’s a powerful exchange. Having Hawaii is like having Boardwalk and Park Place in a Monopoly game.”
Source: Honolulu Star Advertiser, 10-16-2012, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
