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
news online r Breaking PacificBusinessNews.com On smartphones and tablets PacificBusinessNews.com/apps email updates PacificBusinessNews.com/email L Daily