Business

Honolulu investor Mike Partners put $150,000 into CPA Guide LLC, the company behind AiExpert.org, betting that done-for-you AI automation is the missing piece for local accounting firms.

Hawaii Tourism Authority projects 11 million visitors by 2026, surpassing pre-pandemic records. The forecast raises concerns about infrastructure strain and overtourism impacts on local communities.

Kalihi-based surf brand Quikfin raised $25M to expand across the mainland US, marking Hawaii’s largest lifestyle brand venture capital round. The company plans flagship stores in California, Florida, and New York while maintaining its design operations in Honolulu.

Honolulu’s Pacific Wave Dynamics secured a $5M federal grant to develop wave energy technology designed for Hawaii’s waters. The project could create 35 local jobs while advancing the state’s renewable energy goals.

Hawaiian Airlines will launch direct flights from Honolulu to Bangkok, Manila, and Kuala Lumpur starting June 2024. The expansion could generate $180 million annually in visitor spending for Hawaii.

Costco will open its second Oahu location in Kapolei by early 2027, providing West Oahu residents convenient access to bulk shopping without the drive to Iwilei. The 148,000-square-foot warehouse will serve the rapidly growing communities of Kapolei, Ewa Beach, and surrounding areas.