HTA: Maui County has major holiday vacation rental provide in condition in November 2021

Maui ADR up 16% from 2019

Maui County experienced the premier trip rental provide of all 4 counties in November, with 189,300 obtainable unit evenings (-15.6% vs. 2020, -37.8% vs. 2019), in accordance to the Hawaiʻi Family vacation Rental Efficiency Report issued by the Hawai.i Tourism Authority.

Unit need in Maui County was 122,700 device nights (+87.2% vs. 2020, -46.9% vs. 2019), resulting in 64.8% occupancy (+35.6 share points vs. 2020, -11.1 percentage factors vs. 2019), the HTA reports.

The Regular Everyday Rate in Maui County was $285 (+19.5% vs. 2020, +16.3% vs. 2019). In comparison, Maui County inns described ADR at $531 and occupancy of 65.4%, in accordance to the report.

Maui County Holiday vacation Rental Efficiency. Personal computer: Hawaiʻi Tourism Authority.

Statewide overview:

Statewide, Hawaiʻi getaway rentals statewide described considerable improves in provide, desire, occupancy and regular daily charge in November 2021 when compared to November 2020. Having said that, in comparison to November 2019, ADR was better in November 2021, but holiday vacation rental source, demand and occupancy had been down, according to the HTA.

The facts in the Hawaiʻi Getaway Rental Efficiency Report utilized facts compiled by Transparent Intelligence, Inc.

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In November 2021, the full monthly source of statewide vacation rentals was 547,600 unit nights (-1.3% vs. 2020, -40.4% vs. 2019) and every month demand from customers was 343,900 unit evenings (+96.% vs. 2020, -45.5% vs. 2019). That resulted in an normal monthly device occupancy of 62.8% (+31.2 percentage details vs. 2020, -5.8 percentage details vs. 2019) for November. Occupancy for Hawaiʻi’s motels was 59.7% in November 2021.

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The ADR for holiday rental models statewide in November was $248 (+7.8% vs. 2020, +17.5% vs. 2019). By comparison the ADR for resorts was $333 in November 2021.

For November 2021, the report bundled details for 25,966 models, symbolizing 44,157 bedrooms in the Hawaiian Islands.

The HTA notes that in contrast to inns, units in holiday vacation rentals are not always readily available 12 months-round or each individual working day of the month and often accommodate a much larger

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