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  • 04/01/2025 Maui Mayor Bissen defended his plan to phase out over 6,000 short-term vacation rentals in Maui’s apartment-zoned districts, recognizing the UHERO report’s forecast of 1,900 job losses and $900 million in visitor spending drops, but insisting it’s vital to tackle the housing crisis and reduce tourism over-reliance, while urging owners of units functioning “more like hotels than homes” to seek rezoning or special use permits (source: MauiNow).
  • 04/01/2025 The City of Honolulu is buying properties, including the former First Hawaiian Bank and Iwilei Center, for the Kuwili rail station in Iwilei to create affordable housing, retail, and sustainable infrastructure, offering fair market value and relocation help while seeking developer proposals by April 30 (source: HawaiiNewsNow).
  • 04/01/2025 The Fairmont Orchid on the Big Island has nearly completed a multimillion-dollar renovation, refreshing all 540 guest rooms, suites, the private Gold Floor, and meeting spaces with new lighting, furniture, carpeting, and Hawaiian-inspired design elements (source: PBN).
  • 04/01/2025 A University of Hawaii study estimates that Maui Mayor Bissen’s proposed ban on 7,200 short-term rental units in apartment-zoned districts could add up to 6,127 long-term housing units and reduce condo values by 20-40%, but at a steep cost of 1,900 jobs, $900 million in annual visitor spending, and a 4% economic contraction by 2029 (source: StarAdvertiser).
  • 03/31/2025 Maui Mayor Bissen’s proposed 2026 budget lowers tax rates for owner-occupied homes from $1.80-$3.25 to $1.70-$3.10 per $1,000 of assessed value, though higher assessments will still boost tax bills and county revenue by $63.8 million. The plan also raises the threshold for the lowest tax rates to $1.3 million for owner-occupied and long-term rentals, while keeping rates flat for other categories (source: MauiNow).
  • 03/31/2025 Maui Mayor Bissen’s plan to convert over 7,000 short-term rentals into long-term housing on Maui, is unlikely to proceed in 2025 as the Maui County Council delays voting, awaiting more economic impact studies (source: CivilBeat).
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