
The Lights On Podcast · 2026-06-18 · 47 min
Kevin Aucello is the Principal at Powell & Aucello, a Honolulu-based hotel brokerage and advisory firm specializing in hotel investment, transactions, and development across Hawaii, Micronesia, and the South Pacific. With over 30 years of experience in Hawaii's hotel investment market, he has been involved in more than $1.5 billion in hotel real estate projects and is recognized for his deep market expertise and industry connections. Prior to Powell & Aucello, Kevin held senior roles with Marriott International, Outrigger Resorts, and CBRE Hotels, building a collaborative approach and deep insight into Hawaii's complex, supply-constrained hotel landscape. In this episode… What actually drives a Hawaii hotel's value? Broker Kevin Aucello points to scarcity. New hotels are nearly impossible to build, so cap rates run about 150 basis points below mainland primary markets, even after rising interest rates pushed them up. Kin Sio sits down with Kevin on The Lights On Podcast to talk through how owners should price, position, and time a sale.