January Occupancy Rate at Nearly 40% for Maui County Vacation Rentals

Otto I. Eovaldi

In January 2021, the occupancy amount for Maui County holiday rentals was 39.6 %, a lower of 46.1 fewer share points from January 2020, according to the latest month to month report from the Hawaiʻi Tourism Authority.

Maui County experienced the most significant holiday rental source of all four counties in Hawaiʻi with 174,400 obtainable device evenings (-31.7% from a year ago), with device need at 69,100 unit evenings (-68.4% from a yr ago).

The ordinary everyday charge (ADR) for Maui County holiday rentals in January was $289 (-24.8% from January 2021). Maui County accommodations described ADR at $451 and occupancy of 21.9 p.c for the month.

In January 2021, the overall month to month source of statewide vacation rentals was 433,000 device evenings (-44.3%) and every month need was 167,500 device nights (-73.9%), resulting in an ordinary regular monthly device occupancy of 38.7 per cent (-53.1 proportion points).

In comparison, Hawaiʻi’s hotels had an ordinary occupancy amount of 23.3 per cent in January 2021. It is important to notice that condominium inns, timeshare resorts and holiday vacation rental units are not necessarily readily available yr-spherical or every single working day of the thirty day period and often accommodate a more substantial selection of visitors than traditional hotel rooms.

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The unit normal daily level (ADR) for getaway rental models statewide in January was $247, which was marginally much less than the ADR for resorts ($251). 

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For Maui County, setting up Jan. 19, lawful trip rentals could no for a longer time give lodging for people subject matter to the quarantine, and travelers who needed paid out commercial lodging had to quarantine at a lodge or motel. Formerly, interisland vacationers awaiting their pre-travel check effects were being permitted to use a vacation rental as a location of quarantine in Maui County.

The Hawaiʻi Tourism Authority’s Tourism Study Division issued the report’s results using details compiled by Clear Intelligence, Inc. The details in this report specifically excludes units claimed in HTA’s Hawaiʻi Resort Functionality Report and Hawaiʻi Timeshare Quarterly Study Report.

In this report, a getaway rental is defined as the use of a rental dwelling, condominium unit, non-public place in private home, or shared room/house in personal dwelling. This report also does not decide or differentiate in between models that are permitted or unpermitted. The “legality” of any given holiday rental unit is determined on a county foundation.

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Island Highlights

Oʻahu: trip rental source was 97,400 accessible unit evenings (-56.%) in January. Device need was 45,200 unit evenings (-74.8%), ensuing in 46.4 % occupancy (-34.6 share factors) and an ADR of $198 (-14.6%). Oʻahu lodges described ADR at $168 and occupancy of 23.6 percent.

Huge Island: Getaway rental offer was 90,400 available unit nights (-52.2%) in January. Unit demand from customers was 43,000 unit nights (-72.2%), resulting in 47.5 percent occupancy (-34.1 proportion points) with an ADR of $217 (-11.3%). Hawaiʻi Island motels claimed ADR at $268 and occupancy of 26.9 per cent.

Kauaʻi: It had the fewest range of accessible device nights in January at 70,800 (-36.8%). Device demand was 10,300 device nights (-88.5%), resulting in 14.5 % occupancy (-65.4 proportion details) with an ADR of $308 (-21.4%). Kauaʻi lodges noted ADR at $168 and occupancy of 18.4 %.

Tables of family vacation rental functionality figures, together with details presented in the report are available for viewing on-line at: https://www.hawaiitourismauthority.org/research/infrastructure-analysis/

The Hawaiʻi Trip Rental Efficiency Report is created employing details compiled by Transparent Intelligence, Inc., which was selected by the Hawaiʻi Tourism Authority as the provider for these knowledge solutions.

The report involves info for qualities that are outlined on Airbnb, Scheduling.com, HomeAway and TripAdvisor. Data for models involved in HTA’s Hawaiʻi Lodge Efficiency Report and Hawaiʻi Timeshare Quarterly Report have been excluded from the Hawaii Trip Rental Functionality Report.

For January 2021, the report included knowledge for 27,980 units, symbolizing 48,094 bedrooms in the Hawaiian Islands

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