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Insurance Rate Increase Projections for 2021 and Beyond

Has your property insurance gone up for your association? If it hasn't yet, it may be soon. Many factors go into insurance rate increases. This article provides a good overview. Reprinted from the Community Associations Institute, Hawaii Chapter, Quarterly Newsletter, Oct, 2020. By Joshua German For many community associations, their property insurance has been and will be seeing large rate increases. The biggest reason for these rate increases is the cost of reinsurance. Reinsurance is insuranc [...]

7 HOA Resolutions for the New Year

Following the hand that 2020 dealt us, now is the time to focus on rebuilding our community connections! Let's work on something that brings us together. New Year’s resolutions tend to be short lived. However, this year’s resolution aim is to strengthen the governance that fosters positive relationships between HOA board members and residents, avoids expensive problems and creates peace with simple efforts that make long lasting results. HOA, the best year yet is here! Here are seven resolutions [...]

Maui Vacation Rental Occupancy Dismal in November

Even though vacation rentals outpaced hotel occupancy in November, numbers are still low, according to the latest data released last week by the Hawaii Tourism Authority. According to HTA’s monthly Hawaii Vacation Rental Performance Report, vacation rentals throughout the state were just under 32% occupied last month, but Maui County's figures dropped even lower than that. For comparison, rental units were 69% occupied across the state in November of 2019. The occupancy rate reflects a unit supp [...]

The Relationship Between HOA Boards and Homeowners

"We think the surest way to lower tensions and resolve the disputes between the neighbors is through more dialogue between them, not less." - Richard Bouche  Homeowner relationships are the foundation of any residential community. Forbes released an article in 2019 describing 8 ways to improve communication between people. We narrowed down some key takeaways that HOA boards might apply in their own communities. First Impressions are Important A few seconds is a small window of opportunity to mak [...]

Airbnb Goes Public During a Pandemic

It’s been a whirlwind year for Airbnb. At the start of 2020, the home-sharing vacation rental company was sitting on billions in cash and was planning a direct listing on the stock market. The pandemic wiped out 90% of bookings, and many were pondering if the company would survive. But bounce back it did, thanks in part to consumers taking “staycations” over the summer. Airbnb filed for its long-awaited public offering on Monday, revealing its past performance, revenue data and trajectory. Some [...]

12 Jolly Holiday Activities While Staying Safe at Home

The December holiday season may look different on Maui this year, but can still include meaningful celebrations and activities for our communities. Large group gatherings are out of the question due to COVID-19, and some folks might even be celebrating alone. I combed through several resources to compile a list of a fun ideas for Christmas, Hanukkah, Kwanza (or however you are rejoicing this time of year). Remember that good holiday experiences are what we make of them, from our heart, and share [...]

The State of Hawaii’s Vacation Rental Market

Mid-October's return of tourism could not happen soon enough for Hawaii's suffering vacation rental market. Hawaii Tourism Authority reports that vacation rental units were only 8.8% occupied during the month of September. With the holiday season approaching, hopefully those with vacation rentals will start to seem some positive returns.   According to HTA’s monthly Hawaii Vacation Rental Performance Report, the September, 2020 figure marks a 61 percentage point drop compared to the same month i [...]

UPDATE: Business Changes on Maui Due to Coronavirus

Note: This page is being updated as official information becomes available.  Aloha, Hawaii is now welcoming back visitors with its pre-travel testing program, allowing travelers from out-of-state to proceed without the 10-day quarantine if they test negative for COVID-19 before they board the plane for the islands. Some further restrictions vary by island, and travelers are strongly advised to stay up to date on current rules. What you need to know before you go Please keep in mind that Hawaii h [...]

Understanding HOA Board Meetings and Decisions

Your homeowner’s association has a board, and owners are generally allowed to attend meetings. But you may hear several acronyms tossed around making a discussion hard to follow. This guide will help you understand some basic terminology. Since HOAs follow certain procedures in conducting a meeting, questions of clarification from the audience may be out of order. Also, each association operates a bit different, but there is general information at the end about the board’s decision-making proces [...]

Avoiding 5 Common HOA Board Mistakes

The work that HOA board members fulfill is essential. However, learning the ins and outs of association business can be tricky.  There are documents to study and rules to learn. Directors are representing a community, and there are a lot of interests to balance. Not everyone is going to be happy with every decision, and the board of directors is often in the line of fire when things go wrong. There are 5 common mistakes that some homeowner association boards make. Here is how to avoid them. Stay [...]

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