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About 30,000 of Hawaii’s 557,000 total housing units, or 5.5%, are short-term rentals, compared to cities like Las Vegas, where only 3% are short-term rentals, the report said.
Hawaii's governor wants condos and homes normally rented to Maui tourists converted to long-term housing for displaced wildfire survivors.
He said Maui alone has 7,000 short-term rentals, and 2,200 are in West Maui, where much of the devastation occurred. “If this works, 2,200 additional rental units will be available, plus ...
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
Ko Olina Resort is a 642-acre (2.60 km 2) master-planned vacation and residential community on the leeward coast of Oahu, 17 miles (27 km) west of Honolulu. [3] Ko Olina has 2 miles (3.2 km) of coastal frontage and includes three natural and four man-made lagoons with white-sand beaches.
In 2019, Vacasa acquired Wyndham Vacation Rentals from Wyndham Destinations for $162 million. [13] [24] Vacasa has also partnered with Google to integrate available rental properties into search results for traveling and lodging. [25] It is the first vacation rental management company to do so. [26]
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