Catherine Cruz/HPR
HONOLULU Hawai‘i s vacation rental market has outperformed hotels in occupancy rates in every month since October.
Vacation rental owners across the state have said the higher demand was prompted by pandemic-related attitude shifts that prioritize space and seclusion for getaways, the Honolulu Star-Advertiser reported Monday.
Other rental home operators have said that the pandemic-induced reduction in some hotel services, such as daily housekeeping, has decreased the service gap between homes and vacation rentals, the newspaper reported.
Matt Beall, the CEO of the full-service real estate brokerage Hawaii Life, said the company is enjoying its best year on record for vacation rentals.
Hawaii vacation rental occupancy rates outperform hotels
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Vacation Rental Occupancy Rates Outperform Hotels Since October
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Hawaii vacation rental occupancy rates outperform hotels
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