Rent Your Vacation Home or Condo in Ele'Ele, Hawaii

Positive vacation rental trends in Ele'Ele, Hawaii include: Increased hotel occupancy rates. Positive economic impacts for the community. There are also positive environmental impacts, such as reducing the demand for hotel rooms and reducing the need for long-distance transportation for tourists.

When partnering with RedAwning for your property management needs, we can make sure your Ele'Ele rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Ele'Ele

During the month of November, Lihue, for example, is projected to generate over $331/night for a 1 bedroom vacation rental, on average! There were 756 vacation active rental properties in Ele'Ele.  641 are renting the entire place, and 115 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Lihue is booked 80% of the time, and most hosts are projected to generate $6,108 or more during the month of November! Is your home in Ele'Ele and areas including , Kauai, or another neighborhood in Ele'Ele, Hawaii? See how much you could earn with your Ele'Ele vacation rental.
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$331.00 Per Night*

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80% Occupied*

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$6,108.00 Per Month*

* Based on the median average of all vacation rentals in the Ele'Ele area.
Get a free estimate for your home or condo.

Vacation Rentals in Ele'Ele are generating record profits with RedAwning.
Find out how you can exceed your revenue goals with RedAwning's property management resources.

Successful short-term vacation rentals in Ele'Ele, Hawaii

When choosing to rent out your Ele'Ele home as a vacation rental, there are several things to keep in mind. First, it’s important that you choose a property that is well maintained and shows respect for the local environment. Keep in mind the island’s delicate ecology when choosing where to place your home - don’t place it near protected areas or marine sanctuaries. Second, do your research on the area before you book your vacation rental. Be sure to read reviews from previous renters, or check the weather forecast for the area that you plan to visit. If you can, take a look at maps and photos of the surrounding area to get an idea of what to expect while staying in Ele'ele. Finally, be sure to follow all local laws and regulations while renting out your Ele'ele vacation home. When renting out your Ele'ele vacation rental as a short-term rental, it’s important that you understand the local laws and rules regarding short-term rentals. In addition, make sure that you comply with all local regulations and ordinances during your stay.

The word “vacation” has become synonymous with an affordable vacation rental property. With a growing number of leisure travelers opting to rent a home rather than pay for a hotel room, short-term rental properties are becoming increasingly popular. Whether you’re looking to make extra money while on vacation or simply want to enjoy the local flavor of a destination, short-term rentals offer countless benefits. To start with, short-term rentals are often cheaper than hotels. While there are no set rates for short-term rentals, it is common for owners to charge less during off-peak seasons. On the other hand, many travelers prefer to stay in a comfortable and familiar environment when they visit a new area. With this in mind, people are willing to pay more for an apartment that they can rent out temporarily while they are away. Moreover, renting out your Ele'Ele home as a short-term rental is also environmentally friendly. Instead of buying new furniture and appliances when you return from your vacation, you can simply rent them out again. In addition to reducing your carbon footprint, short-term rentals also help you reduce your home maintenance costs by taking care of any issues that arise over the course of your vacation.

RedAwning takes the guess-work out of Ele'Ele property management, and we work with you to ensure your Ele'Ele short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Ele'Ele vacation rental could earn:

Revenue Projections for Vacation Rentals in Lihue/Ele'Ele, Hawaii during December, 2023

Based on a 1 bedroom, which is the most common Ele'Ele vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in December. Higher bars below can command higher prices, if your Ele'Ele vacation rental is available during these days.
 
$34273%1st
 
$37666%2nd
 
$35865%3rd
 
$38271%4th
 
$39274%5th
 
$39372%6th
 
$38772%7th
 
$38168%8th
 
$38168%9th
 
$35569%10th
 
$35467%11th
 
$34465%12th
 
$34365%13th
 
$34365%14th
 
$36562%15th
 
$38262%16th
 
$37462%17th
 
$37763%18th
 
$38668%19th
 
$39068%20th
 
$39967%21st
 
$43168%22nd
 
$45670%23rd
 
$46673%24th
 
$50677%25th
 
$46477%26th
 
$48077%27th
 
$47478%28th
 
$51872%29th
 
$53071%30th
 
$58380%31st
 

Average Daily Price & Percent Occupied Next Month In Ele'Ele

Note: These averages are based on a 1 bedroom home in Lihue. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Ele'Ele, Hawaii?

If you are a speculative home buyer or have another home in Hawaii, check out our other Hawaii Vacation Rental Management reports in HanaleiHauulaHonoluluKahukuKailua KonaKamuelaKaneoheKapaaKapoleiKiheiKilaueaKoloaLahainaLaieLihuePaiaPrincevilleWaianaeWaikoloaMauiKeaauAnaholaPahoaVolcanoHaenaHiloWailukuKaanapaliNapiliHanaKailuaKapaluaWaileaPepeekeoKahuluiWainihaKahanaPapaaloaKonaWaialuaKohala CoastKulaKeauhouMountain ViewHonokowaiHaleiwaPapaikouAniniKehena,  or view all of our vacation rental market reports

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