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Maui Land & Pineapple Company, Inc. Announces Completion of $40 Million Rights Offering and Repurchase of Senior ...
LAHAINA, Hawaii----Maui Land & Pineapple Company, Inc. today announced the successful completion of its previously announced rights offering, which expired at 5:00 p.m., New York City time, on July 29, 2010.

Maui Medical Plaza discussion deferred
WAILUKU - Maui Planning Commission members decided on Tuesday that they needed more time for additional questions before they could decide what to do with a draft environmental assessment for the proposed Maui Medical Plaza building and parking garage in Kahului.

Maui United, Excel go combined 0-3-3 at San Diego tournament
SAN DIEGO - The Maui United 99 boys state championship team finished play at the San Diego Surf Cup XXX with an 0-1-2 record Sunday. Playing in the U-12 division, Maui United started off the invitation-only tournament with a 0-0 tie with San Diego Surf Premier.

Maui's Incarceration Conundrum
The state?s prisons and jails are packed to or beyond capacity. Maui Community Correctional Center (MCCC), constructed 30 years ago to house 209, now holds approximately 356 persons. We continue to ship convicted persons to the Mainlan.

Bail tripled for Maui man who fatally shot son
Bail for a Maui man convicted of fatally shooting his son has been tripled to $1.5 million. Joe D. Antonio is being...

PUC Approves Maui Electric Company Interim Rate Increase
KAHULUI, Hawaii--(BUSINESS WIRE)--The Hawaii Public Utilities Commission (PUC) yesterday granted Maui Electric Company (MECO) an interim rate increase, effective August 1, 2010. The PUC approved an increase for customers on Maui, Molokai, and Lanai of 3.3%, or $10.3 million. The increase reflects a previously announced settlement agreement between Maui Electric and the State Division of Consumer ...

Prosecutor: Military secrets sold to fund Maui home
A federal prosecutor said Thursday a former B-2 bomber engineer helped China design a stealth cruise missile to raise money to pay the $15,000-a-month mortgage on the mansion-like home he built on Maui's north shore. Maui - China - United States - Cruise missile - United States Attorney

Maui County reelection campaign: SHOPO backs Mayor Tavares
A major endorsement for Maui mayor Charmaine Tavares' re-election campaign. The State of Hawaii Organization...

Lawsuit over suspect's death while in Maui police custody moves forward
A civil rights lawsuit filed by the family of a terroristic threatening suspect who died while in police custody on Maui...

Some claims dismissed in cell death suit
While denying Maui County's request to be dismissed from a lawsuit brought by the parents of a prisoner who died two years ago in a Lahaina police cellblock, a federal judge dismissed claims against five of eight remaining Maui Police Department employees named in the wrongful death case.

Saturday, February 14, 2009

Shortage of Rental Cars in Hawaii

By Doug Porter

An interesting thing happened this week. Hawaii car rental companies like Avis, Budget, Thrifty and all the others actually ran out of cars. Visitors to Hawaii are up and shortages exist on all islands.

For 8 or 9 months now, rental companies have been reducing the number of cars in their inventory to cut costs. Fleets have been reduced by more than 1500 cars, but the bump in visitors from President’s weekend and Mid-winter break caught rental companies by surprise. Either things aren’t as bad as they expected, or perhaps – dare I say it – we’ve rounded a corner?

Of course it’s too early to say, but the increase in visitors to the islands is a good sign. Not just for car rental companies, but for airlines, restaurants, hotels, vacation rentals and just about everyone else in Hawaii. And, if it’s the beginning of a national trend it could start to spread to other sectors. Rental car companies will start increasing fleets and helping automakers, etc.

I may be grasping at straws here, but I’ll take any good news I can get.