Pacific Business News May 6, 2016

Page 1

Eye on the money

Marion Higa on why she joined a credit union board SOCIAL CAPITAL, 31

RETAIL

SWEET STRATEGY Aloha Petroleum’s CEO finds coffee and donuts a natural complement to the state’s largest gas station chain. DUANE SHIMOGAWA, 3

Kakaako condo development 20

KOA RIDGE RISING

PLUS: Building Kakaako Special Report by Duane Shimogawa, 16-19

Airlines 22

15 YEARS LATER THAN EXPECTED AND DOUBLE THE PRICE BY DUANE SHIMOGAWA, 12-15

RAIL

TOURISM

REAL ESTATE

Former mayor excited by progress

Airbnb’s $353M spending habit

Downtown vacancy rate on the rise

Mufi Hannemann, whose administration launched the project, says once people see the rail system in action, they’ll want to ride.

A new report finds visitors who use the alternative accommodations site spend more per day than those who book more traditional lodging.

Oahu’s office market sees the vacancy rate decline, and reduced operating expenses cut gross asking rents, a new report says.

KATHLEEN GALLAGHER, 4

LORIN ELENI GILL, 6

DUANE SHIMOGAWA, 8

PACIFIC BUSINESS NEWS May 6, 2016 Vol. 54, No. 11, $2.75 737 Bishop St. Suite 1590 Honolulu, HI 96813

HOW I ...

HELP WORKERS EAT HEALTHIER 23

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