Tag: lockdowns

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