With the ever-expanding global nature of our economy, today’s captains of industry are logging international air miles at unprecedented levels and this trend is not expected to change going forward. Extended business trips to the far reaches of the world can be long, arduous journeys without a little down time sprinkled in.
t stands to reason that corporate executives who are required to travel, look for ways to break up the long haul trips with strategic layovers to rendezvous with friends and family, and catch a second wind somewhere along the way.
Hawai'i is the most remote location in the world with at least 2,400 miles of water separating us from the nearest land mass right in the very center of the largest body of water on the planet. Ironically, Honolulu International Airport is one of the world’s busiest travel hubs linking key international business centers on four continents around the Pacific Rim. For that executive who finds him or herself on a plane practically anywhere in the world, a layover somewhere in Hawai'i is an inevitability and often a frequent occurrence. There is a worldwide web of air travel connections crossing in the middle of the Pacific, coincidentally in a spectacularly pristine tropical paradise. As such, it is the perfect opportunity for respite from the peregrinations of today’s global executive and their families.
We are seeing a growing number of real estate inquiries from business travelers seeking a vacation home here for that very purpose and the demand for our second home market is very strong right now with quality inventory, says Roberta Charles and Kelly Liberatore, real estate practitioners with Coldwell Banker Makai Properties on the Island of Kaua'i.
“Investment opportunities for a convenient family retreat in the Islands may be more diverse than what one might initially think,” Roberta Charles points out. There are some exciting options just minutes from Honolulu International Airport. The new Ward Center by the Howard Hughes Group, is the newest project located in downtown Honolulu and offers unique lifestyle amenity integration and state-of-the-art smart home features for the ultimate corporate retreat. The very trendy, emerging Kaka'ako District is less than 15 minutes from both the commuter and international terminals in Honolulu.
For those looking to completely unplug, a short twenty-minute flight by regular commercial service or private jet, takes one to the northern most Island of Kaua'i. “On the outer islands life is much slower”, says Ms. Liberatore, “These more remote resort areas offer an evolving inventory of possibilities for the second home resort investor.”
Whether the understated classic elegance of Kukui'ula and its country club amenities on Kaua'i’s south shore or a quaint island cottage tucked into the coastline on a secluded beach, Kaua'i, with it’s rugged natural beauty and pristine environment in a rural setting, is an increasingly attractive option where family and friends can rendezvous for some real quality time together.
To have a place that is conveniently located in the travel hub areas where you are needing to go anyway, these Hawaiian Islands just make sense for second home ownership of the busy traveling executive. EG