Business Briefs

Reported by Star-Bulletin staff & wire

Monday, July 15, 1996

Carnival announces
additional isle cruises

Miami-based Carnival Cruise Lines, whose 1,022-passenger liner Tropicale will make its first cruise to Hawaii in September, has booked more cruises to the islands for 1997.

The Tropicale will sail from Ensenada, Mexico, on April 21 for an 11-day voyage to Honolulu and leave Honolulu on May 2 for a 12-day cruise to Vancouver, British Columbia. The company planned the itinerary to fit between the Tropicale's Caribbean service and its Alaska cruises.

The company said another Hawaii visit is planned after the Alaska season. The Tropicale will leave Vancouver for Honolulu on Oct. 1, 1997, and sail from Honolulu for Ensenada on Oct. 13.

This year, Carnival plans to have the Tropicale leave Vancouver on Sept. 24 for Honolulu and leave Honolulu on Oct. 5 for Ensenada. Each ocean crossing is treated as a separate cruise and each cruise includes visits to Maui, Kauai and the Big Island.


Marc Resorts to manage
Molokai's Ke Nani Kai

Marc Resorts, a Honolulu-based hotel management firm, has been signed to manage the 120-unit Ke Nani Kai condominium resort property on Molokai, said Marc's chairman and chief executive officer, Michael V. Paulin.

The property, at Kaluakoi Resort at the western end of Molokai, is adjacent to the 140-unit Kaluakoi Hotel & Golf Club, which is managed by Colony Hotels & Resorts.

Ke Nani Kai features one- and two-bedroom units with fully equipped kitchens, washers and dryers and private lanais. They are privately owned condominium units.


Coca-Cola Co. reports
17 percent gain in earnings

ATLANTA - Coca-Cola Co. today reported a 17 percent increase in second-quarter earnings, attributing a rise in sales to increased promotion of its distinctive bottles and aggressive Olympic marketing.

Net income for the April-June period totaled $1.05 billion, or 42 cents per share, compared with $898 million, or 35 cents per share, for the same period last year.

The results matched analysts' expectations.

Second-quarter revenue was $5.25 billion, up 6 percent from $4.94 billion last year.


For more local, national and international business news,
see the Hawaii Inc. section in today's Honolulu Star-Bulletin.



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