Lighthouse Intelligence Ltd News Today

Data from Maui County shows that there were more vacation rental unit nights available in February 2024 compared to both February 2023 and February 2019 (before the pandemic). Despite an increase in available units, the percentage of those units being occupied in February 2024 was still lower than in both February 2023 and February 2019.

The State of Hawai‘i Department of Business, Economic Development & Tourism (DBEDT) issued today the Hawai‘i Vacation Rental Performance Report for the month of November utilizing data compiled by Lighthouse Intelligence, Ltd.

On Nov. 1, 2023, the final phases of reopening West Maui (except Lahaina) after the Aug. 8 wildfires started, resulting in increased unit night supply and unit night demand in Kā‘anapali, Nāpili and Kapalua when compared to the previous month.

The demand for vacation rentals in Maui County fell to 98,500 unit nights, a 27% decrease from October 2022 and a whopping 61.5% decrease from October 2019 (before the pandemic struck).

The availability of short-term vacation rentals in West Maui was 49.1% lower in October compared with the year before, with Maui struggling to find long-term housing for survivors of the Aug. 8 wildfires.