Waikoloa Vacation Rental Management

After years of managing condos on the Big Island of Hawaii we have decided to start one of the first blogs on the Big Island focused solely on Hawaii vacations. If you have an upcoming vacation you will want to check out our recommended activities and helpful information.

We also decided to take it a step further to allow anyone that has vacationed in Hawaii to comment. We included general topics for each complex as well as activities on the Island.

This area is dedicated to anyone posting about any areas that they feel may benefit future Hawaii vacationers as well as future vacationers using it to get questions answered they may have about their Hawaii Vacation.

Recent Posts

October 2012 Hawaii Vacation Rental Market Update

January 27th, 2013

With 2012 beginning to wind down, the State of Hawaii continues to show growth. This trend managed to carry through historically slow times such as this past October. Though October is considered to be a less desirable time of year to visit, arrivals and visitor expenditures did increase from that of last year. Other areas of improvement also included visitors staying in condos and guests getting married here in Hawaii.

Arrivals for the state increased overall by nearly 9%. Each of the four major islands showed an increase in arrivals for the month. The Island of Hawaii led the way with an increase of over 14%. Oahu was next with an almost 8% gain and Maui’s arrivals grew nearly 5.5% compared to October, 2011. Kauai’s arrivals, which had shown considerable gains throughout the year, increased by just 3% during the same time frame. More visitors, nearly 11%, came to visit friends and family during the month as well. This category has grown by almost 5% for the year. As discussed last month, guests making their own travel arrangements have continued to increase. This October was no different, offering an almost 13% gain. It seems that more arriving guests are becoming more comfortable making their vacation plans.

Japanese arrivals grew by over 15% while the Canadian market decreased by just over 4%. Cruise ship arrivals increased by almost 30%. Guests traveling to the state to get married increased this past October by almost 10% and 2.5% for the year thus far. Honeymoon visitors increased by only 1%, but hold strong at nearly 11% for the year.

Expenditures, or overall guest spending, increased statewide by almost 13%. Kauai led the charge for the month, with an increase in guest spending by 18.5%. Though it had a smaller arrival gain, those traveling to the garden isle spent more this last October then they have historically compared to 2011. Maui had the second highest expenditures, offering a 13% increase. Oahu had an 11.7% gain while the Big Island of Hawaii showed just over 10% growth compared to October, 2011.

In regards to accommodation selection, guests staying in condos improved by nearly 10% for the month. The US West market had the greatest influence followed by the Canadian market and then the US East. All of which showed increases of 11%, 3% and 1.5% respectively. Hotel arrivals increased by nearly 7% compared to this time, last year.

There appears to be a shift in both where guests are going and how and where they are spending their money. The slowest or smallest island arrival growth yielded the greatest spending increase, while the largest arrival growth yielded the least amount of spending increases. There are a number of potential reasons for this inverse relationship. Fewer arrivals could cause price increases. This could be an attempt by local businesses to keep up with less demand; realizing arriving guests will spend money to make their vacations more memorable. Perhaps arriving guests are splurging on additional activities they haven’t tried in the past when returning to the islands. Guests also appear to be expanding their island of choice as is the case of the Big Island. Arriving guests may be trying a new environment, spending more to get here and finding ways to save money once they arrive on items such as vacation rentals, fewer costly activities, discounted car rentals and more. With vacation rentals on the rise, guests have the ability to rent a larger space at a greater value with less need to dine out, thus dropping their overall expenditures during their island visit.

As 2012 comes to an end, we will continue to watch this trend to see how 2012 concludes. Either way, the year has been successful for the state as a whole, impacting all areas of the economy hit hard by recent economic conditions. Hopefully this trend will carry into the New Year and beyond.

2012 Holiday Events at Waikoloa Beach Resort

December 17th, 2012

As both Christmas and the New Year get closer, there are a number of activities for adults and families at the Waikoloa Beach Resort.

For children of all ages, the Queens’ Marketplace offers pictures with Santa Monday – Friday Dec. 17 - 21, from 4 - 7 pm and Saturday & Sunday Dec. 22 & 23, from noon-2pm & 5-7pm. Bring your camera to capture the magical moments and share the experience with the entire family.

The Festival of Lights, a spectacular display of over 10,000 dancing lights set to holiday music, is available through December 31st at the Kings’ Shops. There are shows at 7pm, 8pm and 9pm daily.

Rob Decker performs a free show on the 17th at the Kings’ shops at 7pm and on the 18th join John Keawe, grammy award winning Hawaiian slack-key guitar artist, at 7pm as well.

On the 19th, join Aulani’s Hula Halau for Polynesian dancing at its best. This complimentary performance begins at 6:30pm at the Queens’ Shops and is great for all ages. At the Kings’ Shops at 7pm, meet island musicians and enjoy both traditional and contemporary island flavor.

On the 20th, experience a complimentary guided petroglyph tour and learn some local history. Meet at the center stage of the King’s Shops at 9:30am. Be sure to wear proper footwear as the trails can be uneven and rough in some cases. Hats and water are recommended. At 7pm, join Laulima for musical entertainment at the King’s Shops.

On the 21st, the petroglyph tour is also available with the same details as above. For something out of the ordinary, learn how to make an Ipu from a Hawaiian gourd at 4pm followed by hula lessons at 5pm. Both of these activities are at the Queens’ Shops.

On the 22nd, join Lava Lava Beach Club for complimentary entertainment from 5-9pm just at the end of the A’Bay Beach. As they say, “come get some sand between your toes” and enjoy the entertainment, food and drinks of this local favorite.

On Sunday December 23rd, come see the Great Barusky Holiday Magic Show. The event begins at 7pm at the Kings’ shops. This will be great complimentary entertainment for the little magicians in your family.

On December 24th, Lava Lava Beach club is hosting a Christmas Eve dinner, serving both from their new menu and select holiday meals. The Waikoloa Beach Marriott is also offering a Christmas Eve buffet from 5-9:30pm. Reservations are recommended. Call 808.886.8111 or guests of Waikoloa Vacation rentals can email concierge@waikoloavacationrentals.com for additional information.

On Christmas, Lava Lava Beach Club is hosting another holiday meal while the Hilton Waikoloa Village is offering a very special dinner with live entertainment and complimentary parking. Reservations are required. Call 808.886.8111 or guests of Waikoloa Vacation Rentals can email concierge@waikoloavacationrentals.com for additional information.

On December 31st, the Waikoloa Beach Marriott is offering a New Year’s Eve dinner with many special selections. The Hilton Waikoloa Village is also hosting a party with food and entertainment in their Monarchy Grand Ballroom from 7-12:30pm. Join John Keawe and the Johnny Shot Band for their impressive musical styling’s throughout the evening. For reservations call 808.886.8111 or guests of Waikoloa Vacation Rentals can email concierge@waikoloavacationrentals.com for additional information.

Though we have listed many of the highlights, there are a number of other events happening every day into January of 2013. For additional information, call 1-877-WAIKOLOA or guests of Waikoloa Vacation Rentals may email concierge@waikoloavacationrentals.com for additional information.

Waikoloa Vacation Rentals wishes you and your family the very best for this holiday season and beyond.

Hawaii September Vacation Rental Market Update

November 28th, 2012

As the State of Hawaii moves into the latter part of 2012, the tourism industry continues to show improvement though in some cases, these increases have slowed down over the last month. This less dramatic time was to be expected during the fall season. The most important markers of forward and positive movement did however continue to rise. With indicators such as increased expenditures and overall arrivals showing continued growth, the final months of 2012 should help finish out the year in strong form.

The largest overall growth was seen with higher expenditures for September of 2012, moving up 15.6% as compared to the previous year. This was attributed to a higher daily spending average combined with a larger number of visitors to the state and in some cases, a longer length of stay.

This additional visitor spending affected each of the major islands. Kauai showed the highest growth for the month of September in expenditures, just shy of 42% compared to last year. Oahu recorded an almost 12% increase during September while Maui saw just over 13% in additional visitor spending for the month compared to 2011. The Big Island of Hawaii offered a 17.1% increase in visitor expenses during September. Year to date, expenditures have increased by 19.5% compared to last year overall for the State of Hawaii.

Arrivals for the State of Hawaii increased by 6.1% overall during the month of September with many of the larger islands contributing to the overall improvement. Visitors to Oahu offered a 7.3% increase while Kauai increased by 7.2% compared to last year. Maui saw a slight increase in arrivals of 2.4%. The Big Island offered a slight decline overall for the month of September of 3.2%. This was the first decline following nine consecutive months of growth in arrivals for the island. This change was attributed to fewer visitors from major US market areas such as the East and West coasts. As mentioned above, expenditures still increased for the Big Island of Hawaii. The Hawaiian Islands have seen an overall increase in arrivals of 9.6% for the first nine months of 2012 compared to the same time frame in 2011.

As the graph below indicates, both arrivals and visitor expenditures are continuing to rise however, expenditures are increasing with greater percentages.

Other areas of note include fewer visitors traveled to the state for weddings, meetings, conventions and incentives along with fewer honeymoon guests. Time share arrivals increased by nearly 11% compared to last year, year to date and the number of guests making their own travel arrangements grew by over 10 % from last year for the same time frame.

With the final quarter of 2012 still to come, 2012 appears to have its strength and integrity from the first three quarters holding strong.

August 2012 Hawaii Tourism Update

November 8th, 2012

This past August marks another strong month for the State of Hawaii. Important areas of interest continued to rise including visitor spending, arrivals, weddings and meetings and conventions. August also offered the eighth month of consecutive growth for the state.

Total expenditures by visitors to Hawaii grew by nearly 15% as compared to this time last year, offering an additional $151.4 million dollars to the state’s economy. Hawaii has also seen a 20% increase in spending as compared to 2011 during the first eight months. The US East, US West, Japan and Canadian markets all contributed a large portion of the increase.

Arrivals increased throughout the state by 11% as compared to August, 2011. The major contributing markets were the US West (up 7.6%) and US East (up 9.6%) The Japanese market offered a healthy 12.8% increase. The Canadian market dropped off slightly showing a 0.6% decrease compared to last year. The first eight months of 2012 showed an overall increase of arrivals by 10%.

Visitors traveling to the state looking to tie the knot grew by nearly 11%. The US East market dropped off considerably, showing a decline of 10% however the US West market increased their volume by just over 20%. The Japanese market grew by just over 3%.

This August marked the fourth month of continued growth for both convention visitors as well as corporate meetings. Each increased by 10.8% and 26.8% respectively. The US West market contributed quite a bit to the increased convention business, showing a growth of 37.7% for the month. The US East and West markets drove a majority portion of the corporate meeting business, offering a 10.7% and 21.5% respective growth. Incentive trips showed a slight decline of 4.1%.

Hotel and timeshare visitors grew as well, showing an increase of 13.5% and 10.3% respectively. August marked the sixth straight month of growth for the hotel industry offering double-digit increases. Condominium visitors fell off slightly by 0.7%.

As 2012 continues, the positive trend for the tourism industry in Hawaii continues to show great momentum moving into what is typically a slower time of the year for the state. Though this trend might slow down, hopefully the numbers continue to rise offering a solid foundation for the rest of the year.

Waikoloa Grill and Bar at Waikoloa Beach Resort

September 17th, 2012

Waikoloa Grill’n Bar is located just off Waikoloa Beach Drive on Keana Place between the Waikoloa Beach Marriott and the Hilton Waikoloa Village. This relaxed and comfortable local favorite serves up great food every day of the week. With a new culinary team, redesigned menu, fully air conditioned dining area, and a convenient location on the Waikoloa Beach Resort, Waikoloa Grill’n Bar will certainly add to your all day dining experience.

Waikoloa Grill’n Bar offers amenities such as a full service bar with beer, wine, mai tais, mojitos, margaritas, tropical drinks, and more. Both keiki and Japanese menus are available along with special event hosting and catering, menu selections for all appetites, convenient parking, and Waikoloa Beach Resort shuttle service both to and from the restaurant.

Get out of the elements, watch the golfers go by, take in views of Mauna Kea, and enjoy a tasty lunch or dinner at Waikoloa Grill’n Bar. Their culinary team presents an exciting new menu with fresh flavors from land and sea, offering diners fresh, lighter, healthier choices at reasonable prices. Seating is limited and reservations are recommended.

Come enjoy this unique resort dining experience with the whole family for lunch, dinner, or pupus. Waikoloa Grill’n Bar offers happy hour Monday – Saturday from 3:30-5:30pm and Sundays from 11:30-5:30pm. Happy hour includes a complimentary appetizer!

Waikoloa Grill’n Bar can be contacted at (808) 886-8797.

July 2012 Hawaii Vacation Rental Market Update

September 4th, 2012

This past July marks the ninth consecutive month in a row showing growth and positive momentum for the State of Hawaii. Though it has not been all that long considering the multiple years of hardship, it is a welcome streak of good news. Increased arrivals and expenditures along with continued international support helped make July an overall success.

Arrivals increased by nearly 8% and visitor spending grew by nearly 18% as compared to July, 2011. Japanese visitor arrivals increased by 21.5% compared to last year. This number is still well below the record high of July, 1997 by nearly 70,000 visitors though the trend has been positive for the year as compared to recent history. Canadian arrivals were about the same as the last year. Nearly all other major market areas showed improved arrivals and expenditures for the month. Though rare, there were no cruise ships arrivals during the entire month.

There was also an increase of honeymoon visitors, up by over 20% and the sixth consecutive month of growth. Wedding visitors increased by over 17% as well. These last seven months have shown an overall increase of wedding visitors, up by nearly 5% as compared to the same time period last year.

Looking ahead, the scheduled airline seats for the next three months, August through October, look good. Up over 13% from the same time frame last year, the latter portion of 2012 bodes well for the future for the state.

Hawaii Vacation Rental Market Update ~ June 2012

August 30th, 2012

As the 1st half of 2012 is behind us, the positive momentum continues into the 2nd half of the year. June of 2012 showed an overall increase in expenditures, daily spending, arrivals, meetings, conventions and incentives along with honeymoon visitors. All areas of accommodation selection including hotels, condos, and timeshares showed positive growth, some with double digit percentage increases for the month.

Expenditures rose by 20.4%, or $207 million as compared to the previous year, an all-time record for the month of June. The month also showed an 11.5% increase in overall arrivals through the state compared to the previous year. Many of the influential major market areas contributed to that increase such as the mainland United States, Asia, Latin America, Oceania, and Japan. Europe and Canada showed positive numbers however, they were less substantial.

Daily spending per person rose by just over 10% to about $192 per day. Meetings, conventions and incentives showed an additional 30.7% increase in arrivals from last year with an overall increase of 2.6% for the first half of the year. Fewer visitors chose to get married in Hawaii however, the honeymoon sector increased by nearly 15% over that of last year. It also appears that arriving travelers decided to visit one island rather than multiple locations over that of last year. With an increase of over 11%, visitors are making more of a commitment to their chosen destination for perhaps a slightly shorter amount of time. The average length of stay did decline slightly by just under 2%.

Hotels and timeshare properties witnessed the greatest increase of 14.6% and 16.8% respectively. Condo properties saw an increase as well from last year, showing a less impressive but positive growth of 6.5%.

In respect to the Big Island, arrivals increased by nearly 8% and visitor spending increased by just over 4% to $130.8 million. Japan and Canada had the greatest arrival increase as compared to other major market areas. Each of the islands showed consistent arrival increases and most had higher earnings as compared to the previous year.

The Hawaiian Islands are certainly moving in the right direction month over month and in this case, year over year. We look forward to the continued prosperity and support shown by both domestic and international visitors, moving the Aloha State into the future with a positive outlook.

Selecting a Kolea Rental

August 28th, 2012

We know how much time and energy can go into planning a trip so far from home. Kolea is a spectacular property that has a wide range of options in price, villa size, view, and location. No matter what your preference, there is a villa or home perfect for your needs just inside the front gates of Kolea at Waikoloa Beach Resort.

Each and every villa at Kolea offers top of the line construction, African mahogany cabinetry and trim throughout, stainless steel appliances, pocket lanai doors, granite countertops, private lanai with outdoor Viking grills, and much more. The Beach Club is available to all guests of Kolea including the infinity pool, natural lava rock Jacuzzi, workout hale, sand bottom children’s pool with waterfall, shaded cabanas, and more. With direct beach access to A’Bay, Kolea sets the standard for luxury at the Waikoloa Beach Resort.

The information below should offer some assistance with reserving and securing the very best accommodations on the Big Island of Hawaii at the Waikoloa Beach Resort.

Price: How Much Do You Want To Spend?

Though there are different price points available, each and every villa option will certainly satisfy your need for luxury and convenience.

The two bedroom, two bath villas along with the three bedroom, two bath villas offer the amenities of Kolea for less of a cost and on a smaller scale. These options are available in buildings 9, 11, and 14-16. The cost reduction is due to slightly less square footage and view differential. In some cases, they are set back just a bit further than the other buildings but only add a few moments’ walk to the beach and pool. The two bedroom villas can comfortably sleep four guests, possibly more while the three bedroom, two bath options can easily sleep six. The Lanai is about half the size but offers the very same enhancements such as shelter from the elements, seating for four to six people, and an outdoor Viking kitchen.

If you would prefer something a bit larger, the three bedroom villas will not disappoint. Some visitors prefer to be on the ground floor with a grass area just off of the lanai while other visitors prefer the second or third floor. Typically, the second and third floor villas have a higher nightly rate than that of the first floor villas.

This additional cost is based on a few factors but in no way makes the ground floor any less of a great choice, especially if you prefer to have the ground level for additional space or children. The value of the experience and price point will make any vacation a special occasion.

The second and third floor villas do offer a slightly higher nightly rate but the cost is well worth it. These villas offer additional square footage, larger kitchen area, second master bedroom, larger bathroom space in addition to the height and private lanai.

How Much Room Do You Need?

Even the most modest two bedroom, two bath villa at Kolea offer plenty of space; just under 1,300 square feet. Villa size goes up from there throughout the property. The ground floor three bedroom, two bath accommodations offer over 1,550 square feet while the ground floor three bedroom, three bath villas offer over 1,700 square feet. The largest options are the three bedroom, three and a half bath second and third floor villas. These come in just under 2,150 square feet.

The larger three bedroom villas have a lanai twice the size than that of the smaller floor plans.

There are even private homes that can accommodate families up to 10 people.

How Important Is The View?

Many villas at Kolea offer stunning ocean views and that of the surrounding area. Though some of the ground floor accommodations have an ocean or partial ocean view, the second and third floors offer greater views of the surrounding area.

In many cases, the same floor plans will have views that differ from each other simply due to their location on the Kolea property. Many have direct ocean views while others are set back a bit, offering great views of the development, landscaping, and surrounding elevated mountain terrain.

Where Do You Want To Be At Kolea?

Typically many visitors prefer being closest to the beach club, located directly across from building 8 and 10. As shown in the map below, most visitors staying at Kolea travel past buildings 7-8, 10, 12-13, and 15-16 to reach their respective villas. A low speed limit, respectful guests, and overall design make noise less of an issue. That being said, some guests prefer virtually no car traffic if possible. If that is the case, buildings 1-6, 9, 11, and 14 would be great choices.

If you prefer to be closest to the Beach Club, buildings 7-12 offer the nearest locations.

Waikoloa Vacation Rentals offers the largest selection of Kolea vacation rentals with an interactive and user friendly website. All of our available villas can be viewed online with descriptions, pictures, rates, availability, search capability, and more.

If you have any questions, please call us at (808) 987-4519 or email us at waikoloavrm@aol.com for assistance with taking you through the Kolea rental process. We are here and happy to help.

Kolea Market Update ~ First Half of 2012

July 31st, 2012

Hawaii has been enjoying one of its best years since Kolea was built. The first half of 2012 has consistently been better each month than 2011.

All of the major markets arrivals have increased at least 4% from 2011. The largest increase has come from the Japanese market at over 17%. All the other major markets showed similar increases.

Total expenditures have increased at an astounding figure of over 21%. Several months broke records for Hawaii for total expenditures. June was the latest month with $1.2 billion in expenditures.

With the Japanese market showing the largest growth, hotels and timeshares were the accommodation types that also showed the largest growth. Many Japanese come to the islands on package deals with the large hotel chains such as Hilton contributing to their hotel as well as timeshare growth. This was the first year in many that the increase from year to year has decreased for condos.

What does this mean for Kolea? With a positive growth in both arrivals and expenditures, this fairs well for a luxury property such as Kolea. We, Waikoloa Vacation Rentals, have seen slightly greater increases at Kolea in all major aspects. The significant increase in expenditures led to an increase in average nightly rate and length of stay at Kolea. The increase in arrivals led to higher occupancy.

Saving $$$ On Your Investment at Kolea

July 31st, 2012

While the villas at Kolea offer many luxurious amenities, they also demand a lot of ongoing maintenance. Here are a few items that may help save you money as well as maintain your investment at Kolea.

Routine Maintenance on the Refrigerator
The coils for the refrigerators need to be cleaned. Many villas have not been cleaned since Kolea was first built. A large amount of build up on the coils makes the refrigerator less efficient, which costs you money. Extended neglect can shorten the life of your refrigerator significantly. While this is not an ongoing maintenance item, it is something you many want to consider doing every few years.

Lutron Lighting System
While the lighting systems in Kolea are nice amenities that blow away most owners as well as guests when used for the first time, if not managed properly they will use a significant amount of energy. Since most of the bulbs are halogen, there is not currently a way to go to an energy efficient bulb without a significant amount of cost. One reasonable way to save is to adjust your light settings. Many villas have all the lights at full strength on their most used control. Most would agree that this is more light than necessary. By adjusting the settings throughout your Lutron control panel you will find that you can save on energy by programming in more energy efficient settings.

Maintenance of the Dishwasher

With Waikoloa Beach Resort having extremely hard water, many appliances that deal with water are challenged. As mineral deposits build up throughout the dishwasher, it causes the efficiency as well as the effectiveness to diminish. At least annually, the filter should be removed and cleaned thoroughly and a cleaning agent be run throughout the dishwasher. This will help extend the life of your dishwasher.

Air Conditioning
The air conditioner(s) is the largest contributor to your electric bill. There are two popular ways to save here. The first is to install sensors that shut off the air conditioning when a door is opened. With the large pocket doors at Kolea, this is imperative. The second is to install a thermostat with a minimum setting. This will allow you to choose a reasonable setting that the guests cannot turn the temperature below. This will not only save on electric, but also help to minimize problems due to guests turning the temperature too low, thus extending the life of your system(s).

These are a few of the items we consider in the villas we manage at Kolea that you and/or your property manager may want to consider to help save you money and maintain your investment.