A recent report by the Hawaii Tourism Authority analyzed Hawaii’s major vacation rental platforms, finding Maui to have the largest number of individually advertised vacation rental units in 2017 with 13,418 units, a 24.4 percent jump from 2016.
Oahu reported the smallest increase in the number of vacation rentals, rising 7.3 percent in 2017 to 9,441 units.
The report, which the HTA has conducted annually since 2014, analyzed Airbnb, HomeAway, and TripAdvisor, finding that the three companies represented 38,100 units in Hawaii in 2017, a 17 percent increase from the previous year.
HomeAway also represents subsidiaries ClearStay and VRBO, while TripAdvisor represents subsidiary FlipKey.
The Big Island had 8,647 vacation rental units in 2017, an increase of 16.4 percent from 2016, while Kauai’s number of units increased 21.1 percent to 6,253.
Condominiums represent the largest share of Hawaii’s supply of vacation rental units, accounting for 23,742 of the 38,100 units, while houses represent 11,533 units and private rooms represent 1,997 units.
It’s a smart time to invest in Maui, and invest in yourself. Contact me for current opportunities that might be suitable for you.
The report is included as an appendix to the 2017 Visitor Plant Inventory Report, which can be found in full here.
Pacific Business News, January 2018.