In November 2020, the total monthly supply of statewide vacation rentals was 555,000 unit nights (-34.5%) and monthly demand was 175,400 unit nights (-69.9%), resulting in an average monthly unit occupancy of 31.6 percent (-37.0 percentage points).
In comparison, Hawaii’s hotels had an average occupancy rate of 22.1 percent in November 2020. It is important to note that unlike hotels, condominium hotels, timeshare resorts and vacation rental units are not necessarily available year-round or each day of the month and often accommodate a larger number of guests than traditional hotel rooms. The unit average daily rate (ADR) for vacation rental