VRMA Administrator
The occupancy for Big Island vacation rentals in May was 43.5 percent, down 14.2 percent from a year ago and 27.8 percent lower than May 2019, according to data from the Hawaii Department of Business, Economic Development & Tourism. Vacation rentals across the state of Hawaii reported increases in supply and average daily rate, with lower demand and occupancy in May 2023 compared to May 2022. In comparison to pre-pandemic May 2019, the average daily rate was higher in May 2023, but vacation rental supply, demand, and occupancy were lower.
Big Island Now (Hawaii) (06/27/23)
