In 2018 the Big Island of Hawaii began to implement laws relating to vacation rentals in order to help with some issues the Island was having. In years prior to that other counties such as Maui and Oahu had implemented similar laws with success. While the laws cover several things,…
While there are many reasons to stay in a vacation rental over a hotel such as larger space, full furnished kitchen, and much more there is one benefit of staying in a vacation rental that is often overlooked. That is getting a good nights rest at a desired temperature that…
The last 3 years has been very interesting for the tourism industry in Hawaii and specifically the vacation rental industry. 2020 began on pace to be the best year Hawaii vacation rental owners had ever seen and as everyone knows it turned out to be the worst. Then 2021 and…
The greatest tool is marketing a vacation rental is where you advertise it, but the second greatest tool is how well your vacation rental is presented. This is where great photography and videography comes in hand. With the current technology out there many people choose to take their own photos…
One of the most unexpected expenses people have when purchasing a vacation rental in Hawaii is the cost of electricity. According to the US Energy Information Administration Hawaii has the highest electric cost of all states and the next closest state of Connecticut is close to 20% less. While their…
Although COVID19 seems to be minimally directing effecting travel, the tourism industry is still is a state of uncertainty with the state of the economy. The consistent trends from prior to COVID19 are no longer there. That being said, what the industry is seeing in the first quarter of 2023…
When we started Waikoloa Vacation Rentals over 20 years ago the primary vacation rental companies on the islands were locally owned businesses. There were the few exceptions such as Outrigger Condominium Collection. Now with the increased popularity in vacation rentals, there are many companies that manage vacation rentals nationwide that…
For close to the last 8 years the State of Hawaii has brought forth bills related to vacation rental regulations. Each year a group of owners is formed to try to counter the legislation claiming that it impedes on they rights as a property owner. Amidst all the legal language…
The Hawai’i Visitors and Convention Bureau (HVCB) conducted a study on 4,000 American travelers during January 16-21, 2023. They recorded their responses to questions regarding travel this year, such as travel destinations, motivations for travel, budgets, trends, and overall experiences. The study found that on average, travelers rated their excitement…
The State of Hawai’i continues to track its tourism recovery since the COVID-19 pandemic started in late 2019. The Department of Business, Economic Development and Tourism (DBEDT) stated that 871,870 visitors traveled to the Hawaiian Islands in December 2022. This figure is significant in that it resembles a 91.5 percent…
