9/27/2023 0 Comments Airbnb hawaiiHow much visitors are willing to spend on a domestic Hawaii vacation is definitely in a state of flux. Visitors are now feeling more comfortable traveling internationally again, and so Hawaii finds renewed competition as a destination. One of the most important of which is that Hawaii has become too expensive for many. Those who, in the past few years, have focused on safe and easy Hawaii are expanding their horizons for multiple reasons. We’ve seen it in your many comments, and it is clear as we study the global travel industry. Some Hawaii visitors are moving on from Hawaii to other places. What’s happening in this regard is making for a most unusual summer season perhaps even an ideal time to plan a last-minute trip while staying in a Hawaii vacation rental. “We continue to see evolving booking patterns as the industry comes off of two record years, and we are experiencing some renewed bookings softening, especially on the close in part of the booking curve.” This could be good for Hawaii visitors. Hawaii vacation rental platform Vacasa said recently that business is finally on a downward trend after two years of record bookings. Various travel industry analysts have chimed in on these recent changes, but none agree on the cause, or the exact data points themselves. Conflicting data on Hawaii vacation rentals. Occupancy was just 54% statewide, down 16% compared with 2022.īig Island: Occupancy was 44%, -20%. And in that month, both occupancy and rates were mixed, although occupancy was decidedly low. The latest month for which the state has its own data about vacation rental performance is May 2023. Latest state data on Hawaii vacation rentals is inconclusive on price drops. Other places in the US that have also reported recent rate drops include Nashville, Phoenix, Myrtle Beach, and Florida beach destinations of Panama City and Orlando.
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