Tag: Hawaiis

Hawaii’s short-term vacation rental business is still showing signs of struggle since the recent lifting of the COVID ban

COVID-19 restrictions banning short-term vacation rentals just lifted on Oahu, which moved into Tier 2 of its economic reopening Thursday.

That means roughly 800 short-term vacation rental properties on Oahu, which had been sidelined by Honolulu Mayor Kirk Caldwell’s pandemic restrictions since April 7, are now allowed to resume business like their neighbor island counterparts.

Short-term rentals, which rented for 30 days or less and weren’t being used to quarantine guests, have been allowed to operate on Hawaii island and Kauai and in Maui County since the middle of June, when the state’s first pandemic-inspired interisland quarantine was lifted. That

Hawaii’s vacation rentals hard hit in June by lockdowns and low travel demand

The lifting of COVID-19-related emergency vacation rental bans on the neighbor islands for the back half of June improved statewide vacation rental performance, but just barely.

Statewide vacation rental occupancy in June rose to 13.8%, a number that was 59.8 percentage points behind June 2019 but better than the prior month. In June 2020, the total monthly supply of statewide vacation rentals fell 61.5% to 339,441 unit nights and monthly demand fell 92.8% to 46,719 unit nights.

In comparison, only 9% of short-term units statewide were occupied in May, a month when emergency bans were active on all islands